Housing Market Analysis for CHESTNUT COTTAGES, LU2 8LL

Are you looking to understand LU2 8LL 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 North Hertfordshire postcode.

For the location information and nearby amenities in the LU2 8LL area, explore the LU2 8LL Area information page.
For comprehensive crime statistics in the LU2 8LL area, explore the LU2 8LL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU2 8LL postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £102,600 median price is £101,000 Standard Deviation is £47,601 with Total Sold: 5
    • The most recent sale happened at this postcode is 4, CHESTNUT COTTAGES WEST STREET: £162,000 (Sold on 25 Sep 2013)
    • The first recorded sale happened at this postcode is 3, CHESTNUT COTTAGES WEST STREET: £53,000 (Sold on 13 Jun 1996)
  • Semi-Detached
    • The average price is around £165,000 median price is £165,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, CHESTNUT COTTAGES WEST STREET: £165,000 (Sold on 29 Jun 2001)
    • The first recorded sale happened at this postcode is 1, CHESTNUT COTTAGES WEST STREET: £165,000 (Sold on 29 Jun 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 8LL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£162,000 £3,682 1
2007£150,000 £3,409 1
2001£101,000 £2,169 1
1996£50,000 £1,103 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£165,000 £1,919 1

All the Sales in the CHESTNUT COTTAGES, LU2 8LL

See the table below for more details on the sold house prices in the LU2 8LL, North Hertfordshire postcode.

AddressSold DatePrice% Change
4, CHESTNUT COTTAGES WEST STREETTerraced, FreeholdArea: 44 Sq.mtrAge: before 190025 Sep 2013£162,000First Sale
4 CHESTNUT COTTAGESTerraced, FreeholdArea: 44 Sq.mtrAge: before 190005 Jan 2007£150,000219.15%
06 Dec 1996£47,000First Sale
3, CHESTNUT COTTAGES WEST STREETTerraced, FreeholdArea: 46.56 Sq.mtrAge: before 190022 Nov 2001£101,00090.57%
13 Jun 1996£53,000First Sale
1, CHESTNUT COTTAGES WEST STREETSemi-Detached, FreeholdArea: 86 Sq.mtrAge: before 190029 Jun 2001£165,000First Sale

Check out the sold house prices near the LU2 8LL postcode. Properties currently for saleProperties currently for rent

CHESTNUT COTTAGES, LU2 8LL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU2 8LL 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 LU2 8LL postcode.

  • Semi-Detached
    • The average price is around £271,802 median price is £255,000 Standard Deviation is £148,641 with Total Sold: 47
    • The Last 5 Year average price is £341,583 with Total Sold: 6
    • The most recent sale happened at this postcode is , 57A WEST STREET: £272,500 (Sold on 08 Sep 2023)
    • The first recorded sale happened at this postcode is , 61 WEST STREET: £85,000 (Sold on 31 Aug 1995)
  • Detached
    • The average price is around £433,200 median price is £423,000 Standard Deviation is £184,439 with Total Sold: 30
    • The Last 5 Year average price is £635,250 with Total Sold: 6
    • The most recent sale happened at this postcode is , NEW CROWN COTTAGE WEST STREET: £466,500 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is , 24 EAST STREET: £215,000 (Sold on 22 Dec 1995)
  • Other
    • The average price is around £795,583 median price is £850,000 Standard Deviation is £293,512 with Total Sold: 6
    • The Last 5 Year average price is £649,625 with Total Sold: 4
    • The most recent sale happened at this postcode is , 14 EAST STREET: £850,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is , RALPHS FARM WEST STREET: £1,225,000 (Sold on 09 Apr 2018)
  • Flat
    • The average price is around £119,059 median price is £120,000 Standard Deviation is £41,404 with Total Sold: 17
    • The Last 5 Year average price is £155,333 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT 2, LILLEY OLD SCHOOL COURT EAST STREET: £145,000 (Sold on 25 Jan 2023)
    • The first recorded sale happened at this postcode is FLAT 6, LILLEY OLD SCHOOL COURT EAST STREET: £57,000 (Sold on 29 Nov 1996)
  • Terraced
    • The average price is around £217,330 median price is £197,750 Standard Deviation is £108,662 with Total Sold: 28
    • The Last 5 Year average price is £400,875 with Total Sold: 4
    • The most recent sale happened at this postcode is , 3 SILVER LION COTTAGES: £330,000 (Sold on 01 Jul 2022)
    • The first recorded sale happened at this postcode is 3, CHESTNUT COTTAGES WEST STREET: £53,000 (Sold on 13 Jun 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£272,500 £4,698 1
2020£492,500 £4,908 2
2019£264,000 £5,087 3
2018£594,500 £3,820 2
2017£375,000 £3,676 1
2016£347,000 £3,678 2
2014£300,000 £2,326 1
2013£413,333 £2,735 3
2012£272,500 £1,992 2
2011£230,250 £3,299 2
2010£303,750 £2,250 1
2009£279,999 £2,699 1
2007£432,500 £2,655 2
2006£334,000 £2,820 3
2004£215,000 £4,135 1
2003£280,000 £1,867 1
2002£210,499 £2,168 4
2001£263,500 £2,310 2
2000£249,9501
1999£143,0002
1998£210,000 £1,567 1
1997£104,750 £1,292 4
1996£99,000 £1,222 3
1995£72,500 £767 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£488,250 £3,337 2
2021£708,750 £3,500 4
2015£710,000 £4,931 1
2013£323,000 £3,939 1
2012£416,000 £4,473 1
2011£295,000 £2,844 1
2009£325,000 £942 1
2007£515,0003
2006£476,500 £2,973 5
2004£380,000 £1,836 3
2002£430,000 £2,205 1
2001£285,0001
1997£206,500 £810 2
1996£235,000 £1,140 3
1995£215,000 £1,493 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£850,0001
2019£582,833 £2,515 3
2018£1,087,500 £6,498 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£145,000 £5,431 1
2022£190,000 £3,800 1
2019£131,000 £4,906 1
2018£219,500 £4,390 1
2013£120,000 £2,400 1
2006£140,500 £2,820 2
2005£121,750 £2,876 2
2004£100,000 £3,745 1
2003£113,000 £2,260 2
2002£65,000 £1,806 1
2001£98,000 £1,960 1
2000£84,000 £1,680 1
1998£64,000 £1,280 1
1996£57,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£305,000 £4,912 2
2021£438,500 £4,766 1
2020£555,000 £5,337 1
2016£308,332 £4,208 3
2014£227,500 £2,632 2
2013£158,500 £3,091 2
2010£240,000 £3,860 1
2008£160,000 £2,056 3
2007£179,250 £3,409 2
2006£167,0001
2005£167,0001
2003£186,375 £2,577 2
2002£285,000 £1,377 1
2001£145,750 £2,261 2
1998£161,500 £1,363 2
1996£50,000 £1,103 2

House Type in LU2 8LL area

The most common house types in the LU2 8LL postcode area are Semi-detached (67), Detached (59), and Terraced (21).

Total151
Semi-detached67
Detached59
Terraced21
converted building4
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright56
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency15
Social rented: Other social rented13
Social rented: Rents from council or Local Authority7
Private rented: Other private rented7
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LU2 8LL have 2 people in household (65), and 1 person in household (32).

2 people in household65
1 person in household32
4 people in household23
3 people in household18
5 people in household10
6 people in household2
7 people in household2
0 people in household0
8 or more people in household0