Housing Market Analysis for ELBOW LANE, SG2 8LP

Are you looking to understand SG2 8LP 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 8LP area, explore the SG2 8LP Area information page.
For comprehensive crime statistics in the SG2 8LP area, explore the SG2 8LP Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £160,033 median price is £144,000 Standard Deviation is £85,215 with Total Sold: 28
- The Last 5 Year average price is £289,667 with Total Sold: 6
- The most recent sale happened at this postcode is 6 ELBOW LANE: £310,000 (Sold on 13 Oct 2023)
- The first recorded sale happened at this postcode is 16 ELBOW LANE: £37,500 (Sold on 14 Jul 1995)
Detached
- The average price is around £145,000 median price is £145,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 6 ELBOW LANE: £145,000 (Sold on 15 Nov 2013)
- The first recorded sale happened at this postcode is 6 ELBOW LANE: £145,000 (Sold on 15 Nov 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average SG2 8LP 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
2023	£311,000	£4,574	2
2022	£316,000	£4,788	1
2021	£290,000	£4,203	1
2020	£255,000	£3,762	2
2016	£228,750	£2,886	2
2015	£180,000	£2,368	1
2014	£185,000	£2,803	1
2013	£139,000	£1,886	2
2012	£155,000	£1,914	1
2011	£152,000	£2,303	1
2010	£145,000	£2,079	1
2009	£140,000	£2,029	1
2006	£146,498	£2,348	2
2004	£136,000	£1,872	2
2003	£117,995		1
2001	£69,000	£1,015	1
1999	£64,995		1
1997	£53,150	£626	3
1996	£36,500	£537	1
1995	£37,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£145,000	£2,164	1

All the Sales in the ELBOW LANE, SG2 8LP

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

Address	Sold Date	Price	% Change
6 ELBOW LANETerraced, FreeholdArea: 67 Sq.mtrAge: 1950-1966	13 Oct 2023	£310,000	42.53%
	22 Jan 2016	£217,500	50.00%
	15 Nov 2013	£145,000	237.21%
	03 Apr 1997	£43,000	First Sale
22 ELBOW LANETerraced, FreeholdArea: 69 Sq.mtrAge: 1950-1966	23 Aug 2023	£312,000	First Sale
39 ELBOW LANETerraced, FreeholdArea: 66 Sq.mtrAge: 1930-1949	29 Jul 2022	£316,000	107.89%
	21 Nov 2011	£152,000	-1.93%
	18 Aug 2006	£154,995	First Sale
33 ELBOW LANETerraced, FreeholdArea: 69 Sq.mtrAge: 1950-1966	19 Jan 2021	£290,000	107.14%
	17 Dec 2009	£140,000	First Sale
30 ELBOW LANETerraced, FreeholdArea: 66 Sq.mtrAge: 1950-1966	12 Jun 2020	£260,000	40.54%
	13 Jun 2014	£185,000	42.31%
	08 Oct 2004	£130,000	First Sale
8 ELBOW LANETerraced, FreeholdArea: 69.76 Sq.mtrAge: 1950-1966	24 Jan 2020	£250,000	72.41%
	05 Aug 2010	£145,000	First Sale
7 ELBOW LANETerraced, FreeholdArea: 95 Sq.mtrAge: 1950-1966	05 Apr 2016	£240,000	First Sale
1 ELBOW LANETerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	10 Jul 2015	£180,000	First Sale
26 ELBOW LANETerraced, FreeholdArea: 68 Sq.mtrAge: 1950-1966	07 Feb 2013	£135,000	95.65%
	16 Feb 2001	£69,000	89.04%
	19 Jul 1996	£36,500	First Sale
10 ELBOW LANETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	18 Jan 2013	£143,000	0.70%
	24 Sep 2004	£142,000	First Sale
11 ELBOW LANETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	12 Nov 2012	£155,000	First Sale
16 ELBOW LANETerraced, Freehold	24 Jul 2006	£138,000	268.00%
16 ELBOW LANETerraced, Freehold	14 Jul 1995	£37,500	First Sale
27 ELBOW LANETerraced, Freehold	21 Mar 2003	£117,995	81.54%
27 ELBOW LANETerraced, Freehold	22 Oct 1999	£64,995	First Sale
21 ELBOW LANETerraced, Freehold	22 Dec 1997	£74,950	First Sale
35 ELBOW LANETerraced, FreeholdArea: 65 Sq.mtrAge: 1950-1966	06 May 1997	£41,500	First Sale

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

ELBOW LANE, SG2 8LP Near By properties

Interactive Map

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

Terraced
- The average price is around £176,210 median price is £160,000 Standard Deviation is £92,546 with Total Sold: 1,453
- The Last 5 Year average price is £312,021 with Total Sold: 246
- 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)
Semi-Detached
- The average price is around £187,322 median price is £160,000 Standard Deviation is £107,309 with Total Sold: 251
- The Last 5 Year average price is £339,919 with Total Sold: 44
- 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 £110,336 median price is £105,000 Standard Deviation is £56,470 with Total Sold: 163
- The Last 5 Year average price is £164,988 with Total Sold: 20
- 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)
Detached
- The average price is around £274,858 median price is £262,500 Standard Deviation is £137,107 with Total Sold: 118
- The Last 5 Year average price is £445,331 with Total Sold: 21
- The most recent sale happened at this postcode is , 32 PARK VIEW: £640,000 (Sold on 08 May 2024)
- The first recorded sale happened at this postcode is , 15 GODDARD END: £112,000 (Sold on 31 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	£344,917	£3,960	36
2022	£334,351	£3,992	48
2021	£309,909	£3,593	55
2020	£295,062	£3,487	39
2019	£279,741	£3,276	56
2018	£282,479	£3,260	48
2017	£275,388	£3,155	64
2016	£255,472	£3,079	53
2015	£216,332	£2,537	54
2014	£190,474	£2,455	39
2013	£169,892	£1,963	50
2012	£166,805	£1,849	37
2011	£165,200	£1,898	37
2010	£159,804	£1,900	27
2009	£155,936	£1,784	36
2008	£168,904	£1,918	33
2007	£178,447	£2,021	67
2006	£159,324	£1,787	60
2005	£155,915	£1,848	47
2004	£149,642	£1,753	63
2003	£139,245	£1,574	62
2002	£110,605	£1,405	62
2001	£91,388	£1,049	80
2000	£83,757	£957	44
1999	£69,115	£796	66
1998	£62,925	£810	45
1997	£54,937	£653	60
1996	£50,041	£589	45
1995	£52,185	£602	28

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,000		2
2023	£365,000	£4,137	6
2022	£364,800	£4,245	5
2021	£387,195	£3,491	10
2020	£308,650	£3,130	10
2019	£306,727	£3,354	11
2018	£355,571	£3,269	7
2017	£288,542	£3,363	12
2016	£260,312	£3,065	8
2015	£255,000	£2,758	2
2014	£224,498	£2,345	2
2013	£204,250	£2,003	4
2012	£193,333	£1,996	3
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	£177,999	£1,866	9
2006	£189,500	£1,772	13
2005	£187,111	£1,630	13
2004	£158,667	£1,457	3
2003	£141,997	£1,604	19
2002	£129,938	£1,468	17
2001	£120,122	£1,119	16
2000	£93,355	£1,048	9
1999	£96,425	£1,072	4
1998	£61,125	£708	4
1997	£65,465	£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	£173,917	£2,994	3
2021	£177,821	£3,455	7
2020	£100,000	£1,818	1
2019	£127,250	£2,676	3
2018	£157,900	£2,768	5
2017	£157,499	£3,357	8
2016	£146,000	£3,154	6
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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£640,000		1
2023	£398,333	£4,141	3
2021	£457,806	£3,866	8
2020	£441,214	£4,057	7
2019	£383,000	£3,640	2
2018	£366,667	£4,127	3
2017	£426,250	£3,764	6
2016	£487,500	£3,008	2
2015	£380,000	£3,375	2
2014	£306,550	£3,002	10
2013	£257,500	£2,355	4
2012	£273,214	£2,313	7
2011	£315,000	£2,303	1
2010	£247,625	£2,062	4
2009	£296,000	£2,233	1
2008	£303,000		3
2007	£320,492	£2,182	6
2006	£250,000		1
2005	£222,475	£2,674	2
2004	£224,167	£2,100	3
2003	£220,690	£1,710	5
2002	£247,000	£1,871	1
2001	£174,638	£1,658	4
2000	£181,200	£1,252	5
1999	£148,862	£1,177	4
1998	£111,699	£1,033	5
1997	£111,000	£949	5
1996	£94,800	£898	10
1995	£89,333	£922	3

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 8LP area

The most common house types in the SG2 8LP postcode area are Terraced (86), Detached (18), and Semi-detached (12).

Total	121
Terraced	86
Detached	18
Semi-detached	12
Shared house	4
Flat	1
converted building	0
commercial 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 (39), and Owned: Owns with a mortgage or loan (36).

Social rented: Rents from council or Local Authority	39
Owned: Owns with a mortgage or loan	36
Owned: Owns outright	35
Private rented: Private landlord or letting agency	8
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the SG2 8LP have 2 people in household (40), and 1 person in household (32).

2 people in household	40
1 person in household	32
3 people in household	20
4 people in household	18
5 people in household	7
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0