Housing Market Analysis for PENN WAY, AL7 3EF

Are you looking to understand AL7 3EF house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Welwyn Hatfield postcode.

For the location information and nearby amenities in the AL7 3EF area, explore the AL7 3EF Area information page.
For comprehensive crime statistics in the AL7 3EF area, explore the AL7 3EF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the AL7 3EF postcode area, The average prices are as follows,

Terraced
- The average price is around £348,189 median price is £299,950 Standard Deviation is £67,794 with Total Sold: 35
- The Last 5 Year average price is £446,000 with Total Sold: 6
- The most recent sale happened at this postcode is 72 PENN WAY: £480,000 (Sold on 27 Sep 2022)
- The first recorded sale happened at this postcode is 82 PENN WAY: £471,000 (Sold on 08 Dec 2023)
Flat
- The average price is around £181,165 median price is £160,500 Standard Deviation is £59,249 with Total Sold: 26
- The Last 5 Year average price is £190,167 with Total Sold: 12
- The most recent sale happened at this postcode is 14 PENN WAY: £205,000 (Sold on 08 Feb 2022)
- The first recorded sale happened at this postcode is 22 PENN WAY: £230,000 (Sold on 02 Sep 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average AL7 3EF house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£480,000	£4,248	1
2021	£427,500	£3,783	2
2019	£405,000	£3,584	1
2018	£413,333	£3,658	3
2017	£411,500	£3,642	2
2016	£416,667	£3,687	3
2014	£335,000	£2,965	2
2013	£292,700	£2,590	14
2012	£285,960	£2,531	5
2024	£465,000	£4,115	1
2023	£471,000	£4,168	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£254,000	£4,722	3
2021	£104,750	£2,190	2
2020	£181,500	£3,272	3
2019	£191,500	£3,652	4
2018	£209,333	£4,070	3
2016	£240,500	£5,088	2
2015	£97,500	£2,099	1
2014	£175,000	£3,804	1
2013	£173,475	£3,009	2
2012	£139,970	£2,936	5

All the Sales in the PENN WAY, AL7 3EF

See the table below for more details on the sold house prices in the AL7 3EF, Welwyn Hatfield postcode.

Address	Sold Date	Price	% Change
72 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	27 Sep 2022	£480,000	17.65%
	27 Apr 2017	£408,000	41.91%
	19 Apr 2013	£287,500	First Sale
14 PENN WAYFlat, LeaseholdArea: 48.12 Sq.mtr	08 Feb 2022	£205,000	49.09%
14 PENN WAYFlat, LeaseholdArea: 48.12 Sq.mtr	04 May 2012	£137,500	First Sale
80 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	17 Dec 2021	£425,000	33.65%
	08 Aug 2014	£318,000	9.67%
	27 Sep 2013	£289,950	First Sale
60 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	09 Jun 2021	£430,000	51.76%
	25 Feb 2013	£283,350	-39.06%
	19 Jan 2024	£465,000	First Sale
38 PENN WAYFlat, LeaseholdArea: 46.45 Sq.mtr	07 May 2021	£92,000	First Sale
40 PENN WAYFlat, LeaseholdArea: 48.96 Sq.mtr	28 Jan 2021	£117,500	2.17%
40 PENN WAYFlat, LeaseholdArea: 48.96 Sq.mtr	29 Jan 2019	£115,000	First Sale
24 PENN WAYFlat, LeaseholdArea: 65.23 Sq.mtr	29 May 2020	£142,500	First Sale
52 PENN WAYFlat, LeaseholdArea: 65.23 Sq.mtr	13 Jan 2020	£145,000	First Sale
6 PENN WAYFlat, LeaseholdArea: 47.52 Sq.mtr	09 Jan 2020	£257,000	3.21%
	24 Aug 2016	£249,000	58.60%
	28 Jun 2013	£157,000	12.18%
	29 Mar 2012	£139,950	First Sale
82 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	30 Oct 2019	£405,000	-3.57%
	12 May 2016	£420,000	44.85%
	27 Sep 2013	£289,950	-38.44%
	08 Dec 2023	£471,000	First Sale
48 PENN WAYFlat, LeaseholdArea: 46.45 Sq.mtr	02 Oct 2019	£161,000	65.13%
48 PENN WAYFlat, LeaseholdArea: 46.45 Sq.mtr	22 Dec 2015	£97,500	First Sale
10 PENN WAYFlat, LeaseholdArea: 65.22 Sq.mtr	18 Sep 2019	£290,000	First Sale
20 PENN WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 2007 onwards	09 Aug 2019	£200,000	14.29%
	05 Sep 2014	£175,000	20.73%
	23 Mar 2012	£144,950	First Sale
42 PENN WAYFlat, LeaseholdArea: 65.23 Sq.mtr	26 Nov 2018	£160,000	First Sale
78 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	26 Oct 2018	£405,000	-4.71%
	29 Jun 2018	£425,000	41.69%
	27 Sep 2013	£299,950	First Sale
64 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	31 May 2018	£410,000	43.88%
64 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	14 Dec 2012	£284,950	First Sale
18 PENN WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 2012 onwards	27 Apr 2018	£228,000	First Sale
8 PENN WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 2012 onwards	22 Feb 2018	£240,000	71.49%
8 PENN WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 2012 onwards	30 Mar 2012	£139,950	First Sale
86 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	07 Aug 2017	£415,000	43.13%
86 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	26 Sep 2013	£289,950	First Sale
100 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	09 Sep 2016	£415,000	0.0
	29 Jun 2016	£415,000	43.13%
	28 Jun 2013	£289,950	First Sale
22 PENN WAYFlat, LeaseholdArea: 47 Sq.mtrAge: 2012 onwards	06 Sep 2016	£232,000	68.73%
	27 Mar 2012	£137,500	-40.22%
	02 Sep 2022	£230,000	First Sale
56 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	22 Dec 2014	£352,000	23.51%
56 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	23 Nov 2012	£285,000	First Sale
84 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	26 Sep 2013	£289,950	First Sale
88 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	26 Sep 2013	£299,950	First Sale
92 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	12 Jul 2013	£299,950	First Sale
90 PENN WAYFlat, LeaseholdArea: 70 Sq.mtr	28 Jun 2013	£189,950	First Sale
102 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	26 Jun 2013	£299,950	First Sale
98 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	26 Jun 2013	£289,950	First Sale
76 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	25 Apr 2013	£299,950	First Sale
70 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	15 Mar 2013	£287,500	First Sale
68 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	21 Dec 2012	£284,950	First Sale
58 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	17 Dec 2012	£284,950	First Sale
74 PENN WAYTerraced, FreeholdArea: 113 Sq.mtr	14 Dec 2012	£289,950	First Sale
32 PENN WAYFlat, LeaseholdArea: 65.23 Sq.mtr	16 Dec 2022	£327,000	First Sale

Check out the sold house prices near the AL7 3EF postcode. Properties currently for saleProperties currently for rent

PENN WAY, AL7 3EF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the AL7 3EF postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the AL7 3EF postcode.

Terraced
- The average price is around £205,904 median price is £179,999 Standard Deviation is £121,348 with Total Sold: 1,171
- The Last 5 Year average price is £389,331 with Total Sold: 155
- The most recent sale happened at this postcode is , 65 HOLWELL ROAD: £370,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 55 BROADWATER CRESCENT: £52,000 (Sold on 05 Jan 1995)
Other
- The average price is around £1,798,652 median price is £372,000 Standard Deviation is £2,717,996 with Total Sold: 57
- The Last 5 Year average price is £1,583,479 with Total Sold: 27
- The most recent sale happened at this postcode is UNIT 19-20, PEARTREE FARM PEARTREE LANE: £165,000 (Sold on 30 Apr 2024)
- The first recorded sale happened at this postcode is FLAT 1, 61A HOWARDSGATE: £2,350,000 (Sold on 06 Jun 2014)
Flat
- The average price is around £195,143 median price is £197,500 Standard Deviation is £88,845 with Total Sold: 1,047
- The Last 5 Year average price is £269,655 with Total Sold: 352
- The most recent sale happened at this postcode is FLAT 31, GRIFFIN PLACE BROADWATER ROAD: £310,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 43 MILL GREEN ROAD: £76,000 (Sold on 28 Feb 1995)
Detached
- The average price is around £342,605 median price is £280,000 Standard Deviation is £225,635 with Total Sold: 137
- The Last 5 Year average price is £715,250 with Total Sold: 15
- The most recent sale happened at this postcode is , 25 PARKFIELDS: £810,000 (Sold on 03 Nov 2023)
- The first recorded sale happened at this postcode is , 1 WILKINS GROVE: £158,000 (Sold on 15 Mar 1995)
Semi-Detached
- The average price is around £261,067 median price is £220,000 Standard Deviation is £160,465 with Total Sold: 283
- The Last 5 Year average price is £493,586 with Total Sold: 35
- The most recent sale happened at this postcode is , 19 PENN WAY: £470,000 (Sold on 25 Oct 2023)
- The first recorded sale happened at this postcode is , 9 ROOKS CLOSE: £96,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£409,577	£5,368	13
2023	£424,545	£5,820	26
2022	£412,341	£5,743	22
2021	£371,003	£5,133	35
2020	£365,861	£5,475	25
2019	£375,897	£5,329	34
2018	£384,724	£4,611	38
2017	£344,784	£5,197	34
2016	£348,088	£4,715	43
2015	£288,810	£4,658	32
2014	£273,435	£3,772	35
2013	£251,562	£2,978	39
2012	£224,852	£3,014	30
2011	£231,672	£2,950	24
2010	£226,896	£3,480	23
2009	£178,123	£2,777	20
2008	£200,343	£2,698	16
2007	£217,767	£3,434	37
2006	£194,331	£2,791	53
2005	£191,650	£2,746	36
2004	£176,743	£2,669	43
2003	£168,388	£2,368	60
2002	£147,424	£2,070	45
2001	£121,797	£1,673	57
2000	£111,027	£1,753	46
1999	£94,715	£1,437	63
1998	£89,594	£1,396	47
1997	£72,490	£1,141	47
1996	£78,946	£1,128	77
1995	£73,735	£1,105	71

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000		1
2023	£10,000		1
2022	£3,097,439		5
2021	£233,875	£4,800	8
2020	£1,538,771	£4,872	7
2019	£2,889,869		5
2018	£2,126,564	£4,153	12
2017	£3,147,433		8
2016	£1,285,000		5
2015	£35,500		2
2014	£858,333	£47,000	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£260,833	£5,000	3
2023	£320,588	£4,782	52
2022	£269,073	£5,353	94
2021	£255,262	£4,336	52
2020	£260,487	£4,482	60
2019	£255,710	£5,089	91
2018	£252,866	£4,483	41
2017	£238,977	£4,544	53
2016	£254,133	£4,515	39
2015	£210,482	£3,924	45
2014	£181,636	£3,359	90
2013	£174,791	£3,123	46
2012	£159,316	£3,062	48
2011	£157,806	£2,982	9
2010	£174,882	£2,948	11
2009	£124,480	£2,848	15
2008	£150,172	£3,120	15
2007	£156,736	£3,026	29
2006	£135,406	£2,786	25
2005	£121,479	£2,773	23
2004	£128,716	£3,370	27
2003	£121,458	£2,416	18
2002	£114,329	£1,939	21
2001	£81,194	£1,648	19
2000	£84,695	£1,590	23
1999	£70,265	£1,285	23
1998	£50,719	£1,239	21
1997	£45,002	£1,106	22
1996	£47,265	£935	17
1995	£48,626	£1,044	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£742,000	£7,526	5
2022	£766,000	£6,528	4
2021	£702,875	£6,231	2
2020	£637,250	£6,128	4
2018	£714,500	£5,071	4
2017	£608,192	£5,932	6
2015	£516,000	£4,793	3
2014	£471,789	£5,609	10
2013	£462,500	£4,672	2
2012	£418,749	£4,004	4
2011	£388,500	£3,354	2
2010	£455,000	£6,030	2
2009	£360,167	£3,197	3
2008	£410,800	£3,033	5
2007	£377,908	£3,543	6
2006	£263,750		2
2005	£252,100	£2,520	5
2004	£389,600	£2,712	5
2003	£249,150	£2,176	3
2002	£252,000	£2,515	3
2001	£239,200	£2,213	5
2000	£211,750	£5,945	4
1999	£204,600	£1,450	5
1998	£102,049	£1,125	3
1997	£129,271	£1,010	7
1996	£126,371	£1,177	12
1995	£129,197	£1,139	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£505,000	£5,294	4
2022	£483,700	£5,417	5
2021	£523,333	£5,845	12
2020	£472,000	£5,323	12
2019	£446,500	£5,186	2
2018	£478,778	£4,071	9
2017	£447,917	£5,615	6
2016	£404,804	£5,334	7
2015	£462,206	£4,876	11
2014	£339,107	£4,497	14
2013	£294,545	£3,382	11
2012	£287,086	£3,017	11
2011	£234,333	£2,940	6
2010	£211,999	£2,798	5
2009	£185,093	£2,775	6
2008	£212,890	£2,858	5
2007	£284,095	£2,817	10
2006	£243,132	£3,674	11
2005	£299,956	£2,598	9
2004	£223,461	£2,857	14
2003	£189,083	£2,528	6
2002	£176,478	£2,421	12
2001	£165,309	£2,100	11
2000	£151,467	£1,819	12
1999	£114,729	£1,348	13
1998	£122,357	£1,703	14
1997	£95,790	£1,199	10
1996	£101,989	£1,144	18
1995	£98,579	£1,222	17

House Type in AL7 3EF area

The most common house types in the AL7 3EF postcode area are Flat (88), Terraced (36), and Semi-detached (7).

Total	133
Flat	88
Terraced	36
Semi-detached	7
Detached	1
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (61), and Private rented: Private landlord or letting agency (46).

Owned: Owns with a mortgage or loan	61
Private rented: Private landlord or letting agency	46
Owned: Owns outright	11
Shared ownership: Shared ownership	11
Social rented: Other social rented	6
Does not apply	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the AL7 3EF have 1 person in household (52), and 2 people in household (45).

1 person in household	52
2 people in household	45
3 people in household	21
4 people in household	10
5 people in household	4
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0