Housing Market Analysis for HOMESTEAD LANE, AL7 4LU

Are you looking to understand AL7 4LU 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 4LU area, explore the AL7 4LU Area information page.
For comprehensive crime statistics in the AL7 4LU area, explore the AL7 4LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the AL7 4LU postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £267,996 median price is £250,000 Standard Deviation is £132,493 with Total Sold: 13
- The Last 5 Year average price is £530,250 with Total Sold: 2
- The most recent sale happened at this postcode is 20 HOMESTEAD LANE: £638,000 (Sold on 05 Oct 2023)
- The first recorded sale happened at this postcode is 14 HOMESTEAD LANE: £95,000 (Sold on 01 May 1997)
Terraced
- The average price is around £379,950 median price is £379,950 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 20A HOMESTEAD LANE: £379,950 (Sold on 22 May 2009)
- The first recorded sale happened at this postcode is 20A HOMESTEAD LANE: £379,950 (Sold on 22 May 2009)
Detached
- The average price is around £435,000 median price is £435,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 24A HOMESTEAD LANE: £435,000 (Sold on 06 Nov 2006)
- The first recorded sale happened at this postcode is 24A HOMESTEAD LANE: £435,000 (Sold on 06 Nov 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average AL7 4LU 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£638,000	£5,596	1
2019	£422,500	£5,788	1
2013	£296,500	£3,700	2
2010	£275,000	£3,244	1
2009	£250,000		1
2006	£282,500		1
2004	£190,000	£1,667	1
2002	£190,983	£1,619	3
2000	£165,000	£1,528	1
1997	£95,000	£674	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£379,950	£2,553	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£435,000	£2,620	1

All the Sales in the HOMESTEAD LANE, AL7 4LU

See the table below for more details on the sold house prices in the AL7 4LU, Welwyn Hatfield postcode.

Address	Sold Date	Price	% Change
20 HOMESTEAD LANESemi-Detached, LeaseholdArea: 114 Sq.mtrAge: 1930-1949	05 Oct 2023	£638,000	235.79%
	12 Mar 2004	£190,000	First Sale
10 HOMESTEAD LANESemi-Detached, LeaseholdArea: 73 Sq.mtrAge: 1930-1949	15 Jan 2019	£422,500	49.29%
	13 Aug 2013	£283,000	First Sale
2 HOMESTEAD LANESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	25 Sep 2013	£310,000	First Sale
6 HOMESTEAD LANESemi-Detached, LeaseholdArea: 84.78 Sq.mtrAge: 1930-1949	20 Aug 2010	£275,000	First Sale
16 HOMESTEAD LANESemi-Detached, Leasehold	12 Jun 2009	£250,000	38.93%
16 HOMESTEAD LANESemi-Detached, Leasehold	18 Jul 2002	£179,950	First Sale
20A HOMESTEAD LANETerraced, FreeholdArea: 148.85 Sq.mtrAge: 2003-2006	22 May 2009	£379,950	First Sale
24A HOMESTEAD LANEDetached, FreeholdArea: 166 Sq.mtrAge: 2003-2006	06 Nov 2006	£435,000	First Sale
8 HOMESTEAD LANESemi-Detached, Leasehold	03 Mar 2006	£282,500	First Sale
22 HOMESTEAD LANESemi-Detached, FreeholdArea: 108 Sq.mtrAge: before 1900	19 Dec 2002	£208,000	26.06%
	19 Dec 2000	£165,000	First Sale
14 HOMESTEAD LANESemi-Detached, LeaseholdArea: 141 Sq.mtrAge: 1930-1949	26 Jun 2002	£185,000	94.74%
	01 May 1997	£95,000	First Sale

Check out the sold house prices near the AL7 4LU postcode. Properties currently for saleProperties currently for rent

HOMESTEAD LANE, AL7 4LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the AL7 4LU 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 4LU postcode.

Terraced
- The average price is around £212,572 median price is £190,000 Standard Deviation is £115,754 with Total Sold: 862
- The Last 5 Year average price is £392,142 with Total Sold: 128
- The most recent sale happened at this postcode is , 4 COLE GREEN LANE: £495,000 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 102 LUDWICK WAY: £55,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £256,478 median price is £225,000 Standard Deviation is £136,467 with Total Sold: 487
- The Last 5 Year average price is £457,118 with Total Sold: 76
- The most recent sale happened at this postcode is , 46 HOLLYBUSH LANE: £428,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 98 HOLLYBUSH LANE: £59,450 (Sold on 09 Jan 1995)
Flat
- The average price is around £139,153 median price is £124,975 Standard Deviation is £88,020 with Total Sold: 328
- The Last 5 Year average price is £225,717 with Total Sold: 46
- The most recent sale happened at this postcode is 15, WOODHALL HOUSE COLE GREEN LANE: £177,500 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 4 HOMESTEAD COURT: £41,000 (Sold on 16 Jan 1995)
Detached
- The average price is around £345,990 median price is £322,500 Standard Deviation is £184,313 with Total Sold: 140
- The Last 5 Year average price is £603,083 with Total Sold: 24
- The most recent sale happened at this postcode is , 96 SALISBURY ROAD: £360,000 (Sold on 04 Dec 2023)
- The first recorded sale happened at this postcode is , 5 THE LIMES: £205,000 (Sold on 22 Mar 1995)
Other
- The average price is around £481,167 median price is £322,500 Standard Deviation is £537,868 with Total Sold: 12
- The Last 5 Year average price is £566,556 with Total Sold: 9
- The most recent sale happened at this postcode is , 17A BEEHIVE GREEN: £400,000 (Sold on 10 Nov 2023)
- The first recorded sale happened at this postcode is , 8 OLD DAIRY YARD: £300,000 (Sold on 24 Aug 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,903	£4,768	12
2023	£419,976	£5,141	21
2022	£424,160	£5,088	25
2021	£362,362	£4,588	26
2020	£362,690	£4,545	21
2019	£367,041	£4,638	23
2018	£365,678	£4,349	32
2017	£351,250	£4,257	22
2016	£351,802	£4,113	24
2015	£293,118	£3,434	25
2014	£268,455	£3,315	29
2013	£227,990	£3,030	25
2012	£201,647	£2,713	17
2011	£212,055	£2,584	27
2010	£207,508	£2,642	22
2009	£190,954	£2,363	31
2008	£217,438	£2,536	25
2007	£200,098	£2,582	31
2006	£195,943	£2,502	38
2005	£181,066	£2,491	37
2004	£176,232	£2,109	40
2003	£171,272	£2,040	33
2002	£142,555	£1,843	44
2001	£112,008	£1,454	40
2000	£106,791	£1,245	35
1999	£92,731	£1,067	34
1998	£81,655	£1,116	36
1997	£69,425	£981	35
1996	£64,191	£800	28
1995	£59,308	£796	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£498,600	£5,306	5
2023	£504,549	£5,983	11
2022	£484,975	£5,377	18
2021	£415,233	£5,362	15
2020	£426,426	£4,450	15
2019	£445,292	£4,746	12
2018	£397,594	£4,512	14
2017	£413,231	£4,407	13
2016	£451,183	£4,827	17
2015	£342,150	£3,591	23
2014	£330,071	£3,365	7
2013	£281,510	£2,935	24
2012	£237,500	£2,656	16
2011	£242,000	£2,823	9
2010	£237,997	£2,681	18
2009	£218,364	£2,460	11
2008	£240,462	£2,821	13
2007	£252,566	£2,643	21
2006	£217,970	£2,376	27
2005	£198,700	£2,548	17
2004	£189,800	£2,176	22
2003	£179,370	£1,850	20
2002	£177,729	£1,941	26
2001	£133,857	£1,406	14
2000	£136,472	£1,473	22
1999	£103,004	£1,168	22
1998	£98,765	£1,107	17
1997	£87,476	£912	13
1996	£77,538	£800	13
1995	£75,978	£702	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£213,250		2
2023	£327,500	£4,630	5
2022	£244,056	£4,632	9
2021	£198,208	£3,896	12
2020	£207,938	£3,932	8
2019	£208,050	£4,188	10
2018	£235,800	£4,025	15
2017	£189,600	£4,072	10
2016	£180,568	£3,704	16
2015	£156,699	£3,166	6
2014	£168,088	£3,313	8
2013	£131,939	£2,659	9
2012	£140,679	£2,583	7
2011	£132,500	£2,507	8
2010	£137,583	£2,678	6
2009	£127,286	£2,316	7
2008	£150,000	£2,686	6
2007	£124,413	£2,635	15
2006	£182,272	£3,549	22
2005	£139,648	£2,544	20
2004	£123,841	£2,417	18
2003	£110,400	£2,061	10
2002	£95,896	£1,971	15
2001	£86,104	£1,365	9
2000	£78,687	£1,316	35
1999	£60,329	£1,004	14
1998	£44,624	£913	4
1997	£36,857	£735	7
1996	£35,244	£764	8
1995	£38,679	£784	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£625,000	£5,911	5
2022	£754,250	£5,657	4
2021	£566,800	£5,577	5
2020	£570,800	£5,357	5
2019	£528,800	£5,295	5
2018	£567,500	£4,182	2
2017	£527,014	£4,821	7
2016	£496,429	£4,981	7
2015	£452,500	£4,503	4
2014	£406,875	£3,812	4
2013	£392,833	£3,755	6
2012	£388,750	£3,407	4
2011	£263,667	£2,589	3
2010	£379,000	£2,744	3
2009	£249,995	£1,761	1
2008	£310,000	£2,101	2
2007	£330,500		4
2006	£346,143	£2,437	7
2005	£409,500	£2,824	1
2004	£327,667		3
2003	£275,000	£2,898	3
2002	£214,590	£2,595	5
2001	£200,362	£1,862	16
2000	£184,519	£1,788	4
1999	£178,071	£1,627	7
1998	£159,529	£1,418	7
1997	£149,500	£1,343	6
1996	£118,500	£1,125	7
1995	£149,667	£1,081	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£825,000		2
2022	£4,000	£44	1
2021	£414,667		3
2019	£733,667	£4,034	3
2016	£187,500	£5,074	2
2015	£300,000	£3,488	1

House Type in AL7 4LU area

The most common house types in the AL7 4LU postcode area are Flat (52), Terraced (46), and Semi-detached (39).

Total	145
Flat	52
Terraced	46
Semi-detached	39
Detached	7
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 Social rented: Rents from council or Local Authority (53), and Owned: Owns with a mortgage or loan (50).

Social rented: Rents from council or Local Authority	53
Owned: Owns with a mortgage or loan	50
Owned: Owns outright	22
Social rented: Other social rented	10
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the AL7 4LU have 1 person in household (50), and 2 people in household (50).

1 person in household	50
2 people in household	50
4 people in household	20
3 people in household	16
5 people in household	6
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0