Housing Market Analysis for LU2 8PY

Are you looking to understand LU2 8PY 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 8PY area, explore the LU2 8PY Area information page.
For comprehensive crime statistics in the LU2 8PY area, explore the LU2 8PY Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £522,000 median price is £425,000 Standard Deviation is £264,435 with Total Sold: 5
    • The Last 5 Year average price is £900,000 with Total Sold: 1
    • The most recent sale happened at this postcode is GREEN OAKS: £900,000 (Sold on 21 Jul 2023)
    • The first recorded sale happened at this postcode is THE OLD CHAPEL: £160,000 (Sold on 06 Dec 1996)
  • Semi-Detached
    • The average price is around £90,000 median price is £90,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 80: £90,000 (Sold on 28 Aug 2002)
    • The first recorded sale happened at this postcode is 80: £90,000 (Sold on 28 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 8PY 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£900,000 £4,523 1
2011£740,0001
2007£385,000 £3,319 1
1998£425,0001
1996£160,000 £1,379 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£90,0001

All the Sales in the LU2 8PY

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

AddressSold DatePrice% Change
GREEN OAKSDetached, FreeholdArea: 199 Sq.mtrAge: 1950-196621 Jul 2023£900,000First Sale
ST HUGHES COTTAGEDetached, Freehold16 Sep 2011£740,00074.12%
24 Sep 1998£425,000First Sale
THE OLD CHAPELDetached, FreeholdArea: 116 Sq.mtrAge: before 190015 Oct 2007£385,000140.62%
06 Dec 1996£160,000First Sale
80Semi-Detached, Freehold28 Aug 2002£90,000First Sale

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

LU2 8PY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £221,763 median price is £205,000 Standard Deviation is £123,382 with Total Sold: 37
    • The Last 5 Year average price is £365,804 with Total Sold: 9
    • The most recent sale happened at this postcode is , 3 ELMTREE AVENUE: £325,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 102 MANGROVE GREEN: £66,000 (Sold on 17 Nov 1995)
  • Detached
    • The average price is around £491,363 median price is £435,000 Standard Deviation is £237,542 with Total Sold: 22
    • The Last 5 Year average price is £900,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , GREEN OAKS : £900,000 (Sold on 21 Jul 2023)
    • The first recorded sale happened at this postcode is , THE OLD CHAPEL : £160,000 (Sold on 06 Dec 1996)
  • Terraced
    • The average price is around £215,985 median price is £207,000 Standard Deviation is £120,304 with Total Sold: 38
    • The Last 5 Year average price is £404,083 with Total Sold: 6
    • The most recent sale happened at this postcode is , 18 MANGROVE ROAD: £680,000 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is , 17 MANGROVE ROAD: £79,950 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £1,080,000 median price is £1,080,000 Standard Deviation is £20,000 with Total Sold: 2
    • The Last 5 Year average price is £1,080,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE OLD DAIRY PADDOCK VIEW: £1,100,000 (Sold on 07 Sep 2022)
    • The first recorded sale happened at this postcode is , THE OLD DAIRY PADDOCK VIEW: £1,060,000 (Sold on 01 Sep 2021)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,0001
2023£287,500 £4,512 2
2022£560,000 £3,889 1
2021£394,309 £4,283 4
2019£255,000 £3,355 1
2018£375,000 £2,863 1
2017£325,000 £3,095 1
2016£239,000 £2,628 2
2014£340,000 £2,546 2
2013£260,000 £2,690 1
2012£220,000 £2,845 1
2008£187,5001
2007£210,0002
2002£118,332 £874 3
2001£163,750 £1,508 2
2000£152,000 £1,167 3
1999£118,333 £1,297 3
1998£81,167 £738 3
1997£100,000 £926 1
1996£64,500 £614 1
1995£66,000 £524 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£900,000 £4,523 1
2018£559,000 £3,515 2
2015£975,000 £2,372 1
2013£430,000 £2,470 1
2012£600,000 £3,350 1
2011£485,000 £3,108 2
2010£410,000 £3,534 1
2008£765,0001
2007£482,500 £3,555 2
2006£712,5002
2005£455,000 £2,446 1
2002£375,000 £2,016 1
2001£249,995 £1,436 1
2000£166,000 £1,277 1
1999£204,000 £1,139 1
1998£425,0001
1997£217,0001
1996£160,000 £1,379 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£505,000 £4,036 2
2021£356,250 £3,357 2
2020£351,000 £3,088 2
2017£229,000 £2,375 2
2016£283,333 £3,549 3
2014£230,000 £2,429 2
2013£255,000 £2,629 1
2012£204,000 £2,332 1
2011£305,000 £3,087 1
2009£210,000 £2,108 1
2008£214,000 £2,681 3
2007£249,995 £2,509 1
2006£202,500 £1,523 1
2005£153,000 £1,150 1
2003£265,0001
2001£128,375 £1,204 4
2000£147,333 £1,324 3
1998£99,000 £1,007 2
1997£60,500 £607 1
1996£78,167 £734 3
1995£79,950 £809 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,100,000 £4,681 1
2021£1,060,000 £4,511 1

House Type in LU2 8PY area

The most common house types in the LU2 8PY postcode area are Semi-detached (113), Terraced (51), and Detached (45).

Total215
Semi-detached113
Terraced51
Detached45
Shared house3
Flat2
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (66), and Owned: Owns outright (54).

Owned: Owns with a mortgage or loan66
Owned: Owns outright54
Social rented: Other social rented32
Social rented: Rents from council or Local Authority28
Private rented: Private landlord or letting agency20
Shared ownership: Shared ownership9
Private rented: Other private rented6
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LU2 8PY have 2 people in household (77), and 1 person in household (49).

2 people in household77
1 person in household49
4 people in household41
3 people in household32
5 people in household12
6 people in household6
8 or more people in household1
0 people in household0
7 people in household0