Housing Market Analysis for ELBOW LANE, SG2 8LN

Are you looking to understand SG2 8LN 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 Stevenage postcode.

For the location information and nearby amenities in the SG2 8LN area, explore the SG2 8LN Area information page.
For comprehensive crime statistics in the SG2 8LN area, explore the SG2 8LN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SG2 8LN postcode area, The average prices are as follows,

Detached
- The average price is around £420,000 median price is £420,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £420,000 with Total Sold: 1
- The most recent sale happened at this postcode is 61 ELBOW LANE: £420,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 61 ELBOW LANE: £420,000 (Sold on 28 Jul 2023)
Terraced
- The average price is around £189,998 median price is £177,500 Standard Deviation is £77,115 with Total Sold: 29
- The Last 5 Year average price is £305,500 with Total Sold: 5
- The most recent sale happened at this postcode is 38 ELBOW LANE: £350,000 (Sold on 23 Sep 2022)
- The first recorded sale happened at this postcode is 53 ELBOW LANE: £72,000 (Sold on 08 Oct 1999)
Flat
- The average price is around £114,500 median price is £114,500 Standard Deviation is £22,500 with Total Sold: 2
- The most recent sale happened at this postcode is 73 ELBOW LANE: £137,000 (Sold on 18 Dec 2015)
- The first recorded sale happened at this postcode is 73 ELBOW LANE: £92,000 (Sold on 21 Oct 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average SG2 8LN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£420,000	£4,516	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£350,000	£4,167	1
2021	£297,000	£3,624	2
2020	£292,500	£3,401	1
2019	£291,000	£3,384	1
2018	£265,000	£3,293	2
2017	£267,500	£3,245	2
2015	£207,500	£2,722	2
2014	£196,500	£2,285	1
2013	£164,000	£2,050	2
2012	£147,000	£1,836	1
2011	£167,500	£1,950	2
2008	£145,833	£1,521	3
2007	£183,000	£2,274	1
2006	£148,667	£2,025	3
2003	£144,950		1
2002	£49,000		1
2000	£81,748	£1,028	2
1999	£72,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£137,000	£3,425	1
2005	£92,000	£2,300	1

All the Sales in the ELBOW LANE, SG2 8LN

See the table below for more details on the sold house prices in the SG2 8LN, Stevenage postcode.

Address	Sold Date	Price	% Change
61 ELBOW LANEDetached, FreeholdArea: 93 Sq.mtrAge: 1950-1966	28 Jul 2023	£420,000	First Sale
38 ELBOW LANETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	23 Sep 2022	£350,000	17.45%
	13 Jul 2021	£298,000	14.62%
	30 Oct 2017	£260,000	First Sale
45 ELBOW LANETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	23 Apr 2021	£296,000	5.71%
	20 Sep 2018	£280,000	60.92%
	15 Apr 2013	£174,000	First Sale
46 ELBOW LANETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	03 Jul 2020	£292,500	88.71%
	20 Jun 2008	£155,000	First Sale
42 ELBOW LANETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	28 Jun 2019	£291,000	48.09%
	24 Apr 2014	£196,500	First Sale
83 ELBOW LANETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	04 May 2018	£250,000	First Sale
44 ELBOW LANETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	28 Apr 2017	£275,000	First Sale
73 ELBOW LANEFlat, LeaseholdArea: 40 Sq.mtrAge: 1950-1966	18 Dec 2015	£137,000	48.91%
73 ELBOW LANEFlat, LeaseholdArea: 40 Sq.mtrAge: 1950-1966	21 Oct 2005	£92,000	First Sale
55 ELBOW LANETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	30 Sep 2015	£215,000	34.38%
	24 Aug 2006	£160,000	91.62%
	04 Oct 2000	£83,500	First Sale
87 ELBOW LANETerraced, Freehold	13 Jul 2015	£200,000	9.59%
	30 May 2008	£182,500	25.91%
	28 Nov 2003	£144,950	First Sale
34 ELBOW LANETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	29 Nov 2013	£154,000	First Sale
48 ELBOW LANETerraced, FreeholdArea: 80.08 Sq.mtrAge: 1950-1966	22 Feb 2012	£147,000	83.76%
	23 Mar 2000	£79,995	First Sale
32 ELBOW LANETerraced, FreeholdArea: 92.98 Sq.mtr	24 Oct 2011	£157,500	First Sale
49 ELBOW LANETerraced, FreeholdArea: 80.48 Sq.mtrAge: 1967-1975	21 Oct 2011	£177,500	-3.01%
	07 Sep 2007	£183,000	First Sale
40 ELBOW LANETerraced, FreeholdArea: 80.64 Sq.mtrAge: 1950-1966	21 Jul 2008	£100,000	First Sale
57 ELBOW LANETerraced, Freehold	28 Sep 2006	£140,000	-4.11%
57 ELBOW LANETerraced, Freehold	31 Jul 2006	£146,000	First Sale
36 ELBOW LANETerraced, Freehold	11 Feb 2002	£49,000	First Sale
53 ELBOW LANETerraced, Freehold	08 Oct 1999	£72,000	First Sale

Check out the sold house prices near the SG2 8LN postcode. Properties currently for saleProperties currently for rent

ELBOW LANE, SG2 8LN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SG2 8LN 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 SG2 8LN postcode.

Terraced
- The average price is around £175,197 median price is £159,000 Standard Deviation is £92,365 with Total Sold: 1,488
- The Last 5 Year average price is £312,337 with Total Sold: 249
- The most recent sale happened at this postcode is , 25 BURYDALE: £310,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 60 LONGFIELDS: £41,000 (Sold on 17 Jan 1995)
Detached
- The average price is around £282,024 median price is £265,000 Standard Deviation is £144,337 with Total Sold: 207
- The Last 5 Year average price is £482,145 with Total Sold: 30
- The most recent sale happened at this postcode is , 5 RANWORTH AVENUE: £550,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 15 GODDARD END: £112,000 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £193,808 median price is £169,000 Standard Deviation is £109,478 with Total Sold: 273
- The Last 5 Year average price is £346,066 with Total Sold: 49
- The most recent sale happened at this postcode is , 7 BENSTEDE: £280,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 20 MANOR VIEW: £49,500 (Sold on 11 Jan 1995)
Flat
- The average price is around £110,789 median price is £110,000 Standard Deviation is £56,368 with Total Sold: 167
- The Last 5 Year average price is £162,369 with Total Sold: 21
- The most recent sale happened at this postcode is FLAT 38, THE CEDARS BURGHLEY CLOSE: £197,500 (Sold on 08 Jul 2024)
- The first recorded sale happened at this postcode is FLAT 39, THE CEDARS BURGHLEY CLOSE: £36,000 (Sold on 20 Mar 1995)
Other
- The average price is around £134,800 median price is £137,500 Standard Deviation is £109,512 with Total Sold: 6
- The Last 5 Year average price is £178,450 with Total Sold: 4
- The most recent sale happened at this postcode is , 19 NOKESIDE: £185,000 (Sold on 20 Nov 2021)
- The first recorded sale happened at this postcode is , 318B BROADWATER CRESCENT: £90,000 (Sold on 16 Jun 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£339,458	£4,044	12
2023	£346,017	£3,975	36
2022	£332,103	£3,998	47
2021	£312,271	£3,606	59
2020	£295,497	£3,502	37
2019	£280,612	£3,295	58
2018	£278,286	£3,262	47
2017	£274,193	£3,145	64
2016	£258,075	£3,117	53
2015	£217,453	£2,555	55
2014	£191,158	£2,447	41
2013	£177,773	£2,034	53
2012	£168,295	£1,859	40
2011	£164,581	£1,895	36
2010	£159,936	£1,900	28
2009	£155,762	£1,780	37
2008	£167,210	£1,903	34
2007	£177,348	£2,017	66
2006	£159,330	£1,792	62
2005	£155,833	£1,843	48
2004	£147,907	£1,744	65
2003	£137,304	£1,561	63
2002	£111,250	£1,427	62
2001	£91,140	£1,042	83
2000	£84,419	£978	46
1999	£68,784	£794	69
1998	£63,471	£818	48
1997	£55,200	£653	61
1996	£50,627	£596	50
1995	£51,738	£588	28

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£595,000		2
2023	£398,333	£4,141	3
2022	£468,750	£3,965	2
2021	£521,596	£4,030	14
2020	£445,583	£4,078	6
2019	£388,667	£3,747	3
2018	£399,700	£4,076	5
2017	£434,929	£3,878	7
2016	£476,000	£3,411	5
2015	£402,000	£3,084	6
2014	£318,041	£3,010	12
2013	£285,190	£2,498	10
2012	£274,767	£2,456	11
2011	£265,986	£2,585	4
2010	£270,667	£2,278	6
2009	£323,000	£2,724	3
2008	£283,799	£1,962	5
2007	£314,621	£2,352	12
2006	£339,250	£2,621	4
2005	£278,990	£2,489	5
2004	£257,333	£2,230	6
2003	£230,716	£1,710	6
2002	£221,250	£1,620	6
2001	£202,258	£1,658	6
2000	£175,556	£1,343	9
1999	£144,425	£1,204	8
1998	£127,681	£1,074	8
1997	£123,014	£1,025	14
1996	£96,038	£928	13
1995	£98,083	£822	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,000		2
2023	£365,000	£4,137	6
2022	£362,333	£4,295	6
2021	£371,432	£3,574	11
2020	£335,208	£3,378	12
2019	£322,917	£3,462	12
2018	£350,750	£3,375	8
2017	£288,542	£3,363	12
2016	£270,150	£3,084	10
2015	£276,667	£3,011	3
2014	£224,498	£2,345	2
2013	£225,312	£2,426	15
2012	£207,488	£2,135	4
2011	£202,667	£2,080	6
2010	£192,500	£2,164	1
2009	£166,917	£1,783	6
2008	£163,278	£1,942	9
2007	£172,124	£1,866	8
2006	£190,107	£1,734	14
2005	£187,111	£1,630	13
2004	£141,500	£1,457	2
2003	£139,944	£1,600	19
2002	£133,173	£1,468	17
2001	£113,925	£1,093	14
2000	£93,355	£1,048	9
1999	£91,540	£1,033	5
1998	£77,986	£708	7
1997	£64,215	£743	16
1996	£55,371	£607	12
1995	£67,241	£618	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£186,250		2
2023	£169,750	£4,009	4
2022	£157,938	£2,662	4
2021	£177,821	£3,455	7
2020	£100,000	£1,818	1
2019	£127,250	£2,676	3
2018	£144,125	£2,442	6
2017	£153,799	£3,193	9
2016	£154,786	£3,153	7
2015	£132,681	£2,713	8
2014	£97,375	£1,820	6
2013	£108,850	£2,022	6
2012	£122,999	£1,924	4
2011	£132,000	£2,318	1
2010	£115,750	£2,234	2
2009	£129,000	£2,149	1
2008	£133,692	£2,196	12
2007	£114,145	£2,643	10
2006	£115,542	£2,285	12
2005	£105,249	£2,294	6
2004	£105,204	£2,165	11
2003	£92,832	£1,857	6
2002	£86,150	£1,620	5
2001	£56,260	£1,087	10
2000	£61,148	£1,233	3
1999	£49,000	£1,035	5
1998	£43,625	£730	4
1997	£31,775	£689	5
1996	£34,530	£660	5
1995	£35,250	£529	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£93,900	£1,616	2
2020	£263,000	£3,287	2
2017	£5,000		1
2016	£90,000		1

House Type in SG2 8LN area

The most common house types in the SG2 8LN postcode area are Terraced (98), Semi-detached (16), and Flat (10).

Total	130
Terraced	98
Semi-detached	16
Flat	10
Shared house	5
commercial building	1
Detached	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 (47), and Social rented: Rents from council or Local Authority (39).

Owned: Owns with a mortgage or loan	47
Social rented: Rents from council or Local Authority	39
Owned: Owns outright	28
Private rented: Private landlord or letting agency	12
Social rented: Other social rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the SG2 8LN have 2 people in household (47), and 1 person in household (29).

2 people in household	47
1 person in household	29
4 people in household	24
3 people in household	23
5 people in household	4
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0