Housing Market Analysis for MERCHANTS WALK, SG7 6TJ

Are you looking to understand SG7 6TJ 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 SG7 6TJ area, explore the SG7 6TJ Area information page.
For comprehensive crime statistics in the SG7 6TJ area, explore the SG7 6TJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SG7 6TJ postcode area, The average prices are as follows,

Terraced
- The average price is around £194,608 median price is £187,000 Standard Deviation is £112,382 with Total Sold: 70
- The Last 5 Year average price is £372,208 with Total Sold: 12
- The most recent sale happened at this postcode is 8 MERCHANTS WALK: £415,000 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 3 MERCHANTS WALK: £71,500 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £187,400 median price is £182,000 Standard Deviation is £93,563 with Total Sold: 5
- The Last 5 Year average price is £339,999 with Total Sold: 1
- The most recent sale happened at this postcode is 10 MERCHANTS WALK: £339,999 (Sold on 29 Jan 2021)
- The first recorded sale happened at this postcode is 29 MERCHANTS WALK: £97,500 (Sold on 30 Apr 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average SG7 6TJ 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	£415,000	£3,807	1
2022	£383,750	£3,378	4
2021	£375,500	£4,073	3
2020	£355,000	£3,160	3
2019	£325,000	£2,708	1
2018	£345,000	£3,108	1
2017	£320,000	£3,982	1
2016	£312,875	£3,040	4
2014	£279,000	£2,491	1
2013	£250,000	£2,336	1
2011	£232,483	£3,041	3
2010	£225,000	£2,228	1
2009	£235,000	£2,924	1
2008	£233,500	£2,085	1
2007	£237,000	£2,493	2
2006	£225,150	£2,785	3
2005	£219,000		1
2004	£203,500	£2,205	2
2003	£187,500	£1,669	2
2002	£166,483	£1,956	3
2001	£131,500	£2,063	2
2000	£111,000	£1,006	2
1999	£93,625	£878	6
1998	£88,667	£782	3
1997	£83,611	£782	9
1996	£68,875	£626	4
1995	£65,800	£687	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£339,999		1
2010	£232,000		1
2003	£182,000	£1,701	1
1999	£91,500	£911	2

All the Sales in the MERCHANTS WALK, SG7 6TJ

See the table below for more details on the sold house prices in the SG7 6TJ, North Hertfordshire postcode.

Address	Sold Date	Price	% Change
8 MERCHANTS WALKTerraced, FreeholdArea: 109 Sq.mtrAge: 1991-1995	06 Oct 2023	£415,000	327.84%
	30 Sep 1999	£97,000	31.08%
	08 May 1996	£74,000	First Sale
20 MERCHANTS WALKTerraced, FreeholdArea: 113 Sq.mtrAge: 1983-1990	29 Sep 2022	£400,000	344.44%
	20 Nov 1998	£90,000	First Sale
24 MERCHANTS WALKTerraced, FreeholdArea: 110 Sq.mtrAge: 1991-1995	06 Jul 2022	£390,000	28.93%
	12 Sep 2016	£302,500	292.86%
	23 May 1997	£77,000	19.38%
	17 Nov 1995	£64,500	First Sale
19 MERCHANTS WALKTerraced, FreeholdArea: 118 Sq.mtrAge: 1996-2002	23 Jun 2022	£370,000	87.82%
	19 Nov 2003	£197,000	126.44%
	15 Aug 1997	£87,000	First Sale
21 MERCHANTS WALKTerraced, FreeholdArea: 114 Sq.mtrAge: 1983-1990	19 Jan 2022	£375,000	First Sale
28 MERCHANTS WALKTerraced, FreeholdArea: 115 Sq.mtrAge: 1991-1995	23 Nov 2021	£400,000	First Sale
14 MERCHANTS WALKTerraced, FreeholdArea: 120 Sq.mtrAge: 1983-1990	11 Jun 2021	£370,000	13.85%
	30 Aug 2019	£325,000	265.17%
	23 Feb 1999	£89,000	6.59%
	30 Oct 1997	£83,500	43.97%
	28 Nov 1995	£58,000	First Sale
22 MERCHANTS WALKTerraced, FreeholdArea: 63 Sq.mtrAge: 1996-2002	07 Apr 2021	£356,500	47.04%
	16 Mar 2011	£242,450	11.22%
	06 Apr 2006	£218,000	67.69%
	22 Aug 2001	£130,000	First Sale
10 MERCHANTS WALKSemi-Detached, Freehold	29 Jan 2021	£339,999	46.55%
	03 Jun 2010	£232,000	171.35%
	26 Jul 1999	£85,500	First Sale
15 MERCHANTS WALKTerraced, FreeholdArea: 106 Sq.mtrAge: 1991-1995	02 Oct 2020	£360,000	14.29%
	07 Oct 2016	£315,000	60.71%
	16 Jan 2004	£196,000	97.98%
	24 Jan 2000	£99,000	47.76%
	28 Nov 1996	£67,000	First Sale
16 MERCHANTS WALKTerraced, FreeholdArea: 120 Sq.mtrAge: 1983-1990	05 Jun 2020	£355,000	First Sale
6 MERCHANTS WALKTerraced, FreeholdArea: 112 Sq.mtrAge: 1983-1990	31 Jan 2020	£350,000	49.89%
	30 May 2008	£233,500	151.08%
	07 May 1999	£93,000	7.51%
	26 Jun 1997	£86,500	11.61%
	20 Jan 1997	£77,500	First Sale
4 MERCHANTS WALKTerraced, FreeholdArea: 111 Sq.mtrAge: 1983-1990	10 Aug 2018	£345,000	48.39%
	06 Dec 2006	£232,500	134.85%
	25 Oct 1999	£99,000	57.14%
	28 Oct 1996	£63,000	First Sale
9 MERCHANTS WALKTerraced, FreeholdArea: 80.36 Sq.mtrAge: 1991-1995	04 Jul 2017	£320,000	36.17%
	27 Nov 2009	£235,000	4.47%
	23 Jun 2006	£224,950	26.73%
	08 Nov 2002	£177,500	148.25%
	04 May 1995	£71,500	First Sale
32 MERCHANTS WALKTerraced, FreeholdArea: 82.36 Sq.mtrAge: 1983-1990	25 Apr 2016	£315,000	36.96%
	16 Dec 2011	£230,000	9.00%
	17 Sep 2004	£211,000	134.46%
	30 Oct 1997	£89,995	First Sale
26 MERCHANTS WALKTerraced, FreeholdArea: 122 Sq.mtrAge: 1983-1990	21 Mar 2016	£319,000	First Sale
33 MERCHANTS WALKTerraced, FreeholdArea: 112 Sq.mtrAge: 1983-1990	13 Aug 2014	£279,000	First Sale
29 MERCHANTS WALKTerraced, FreeholdArea: 107 Sq.mtrAge: 1983-1990	11 Jul 2013	£250,000	37.36%
	07 Mar 2003	£182,000	86.67%
	30 Apr 1999	£97,500	First Sale
3 MERCHANTS WALKTerraced, FreeholdArea: 90.66 Sq.mtrAge: 1983-1990	27 May 2011	£225,000	-0.44%
	06 Mar 2007	£226,000	141.07%
	22 Apr 1999	£93,750	31.12%
	06 Jan 1995	£71,500	First Sale
18 MERCHANTS WALKTerraced, FreeholdArea: 101 Sq.mtrAge: 1991-1995	09 Jul 2010	£225,000	30.81%
	22 Nov 2002	£172,000	First Sale
5 MERCHANTS WALKTerraced, Freehold	23 Nov 2007	£248,000	290.55%
5 MERCHANTS WALKTerraced, Freehold	05 May 1995	£63,500	First Sale
1 MERCHANTS WALKTerraced, Freehold	16 May 2005	£219,000	143.33%
	27 Mar 1998	£90,000	25.87%
	22 Mar 1996	£71,500	First Sale
31 MERCHANTS WALKTerraced, Freehold	03 Oct 2003	£178,000	111.90%
31 MERCHANTS WALKTerraced, Freehold	24 Jul 1997	£84,000	First Sale
11 MERCHANTS WALKTerraced, Freehold	29 Jul 2002	£149,950	66.61%
11 MERCHANTS WALKTerraced, Freehold	03 Sep 1999	£90,000	First Sale
30 MERCHANTS WALKTerraced, Freehold	09 Nov 2001	£133,000	First Sale
2 MERCHANTS WALKTerraced, FreeholdArea: 114 Sq.mtrAge: 1983-1990	20 Dec 2000	£123,000	First Sale
17 MERCHANTS WALKTerraced, FreeholdArea: 112 Sq.mtrAge: 1983-1990	16 Jan 1998	£86,000	First Sale
23 MERCHANTS WALKTerraced, Freehold	05 Dec 1997	£85,000	First Sale
27 MERCHANTS WALKTerraced, Freehold	30 Jun 1997	£82,000	First Sale

Check out the sold house prices near the SG7 6TJ postcode. Properties currently for saleProperties currently for rent

MERCHANTS WALK, SG7 6TJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SG7 6TJ 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 SG7 6TJ postcode.

Detached
- The average price is around £256,766 median price is £237,498 Standard Deviation is £148,942 with Total Sold: 170
- The Last 5 Year average price is £503,941 with Total Sold: 17
- The most recent sale happened at this postcode is , 18 RIVETT CLOSE: £600,000 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 3 MERCIA ROAD: £110,000 (Sold on 28 Feb 1995)
Semi-Detached
- The average price is around £182,496 median price is £167,000 Standard Deviation is £105,812 with Total Sold: 431
- The Last 5 Year average price is £363,735 with Total Sold: 49
- The most recent sale happened at this postcode is , 17 RINGTALE PLACE: £390,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 41 BUSH SPRING: £79,995 (Sold on 24 Feb 1995)
Flat
- The average price is around £75,394 median price is £69,000 Standard Deviation is £37,855 with Total Sold: 129
- The Last 5 Year average price is £137,833 with Total Sold: 9
- The most recent sale happened at this postcode is , 17 CHAUNCY GARDENS: £112,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 29 CONSTANTINE PLACE: £37,000 (Sold on 10 Mar 1995)
Terraced
- The average price is around £150,370 median price is £136,000 Standard Deviation is £91,961 with Total Sold: 597
- The Last 5 Year average price is £310,130 with Total Sold: 66
- The most recent sale happened at this postcode is , 21 ALEYN WAY: £432,500 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 3 MERCHANTS WALK: £71,500 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£535,000		3
2023	£651,667	£5,874	3
2022	£475,000	£5,111	4
2021	£479,375	£5,028	4
2020	£384,750	£5,106	2
2019	£420,000	£4,615	1
2018	£428,742	£4,841	6
2017	£305,000	£5,648	1
2016	£396,300	£4,239	5
2015	£417,375	£3,651	8
2014	£330,312	£3,707	8
2013	£305,750	£3,166	10
2012	£329,000	£3,159	5
2011	£347,833	£3,363	3
2009	£297,500	£2,712	2
2008	£341,667	£2,735	3
2007	£336,550	£3,236	4
2006	£278,375	£1,554	4
2005	£277,100	£2,391	5
2004	£239,333	£2,179	6
2003	£217,304	£1,797	13
2002	£209,499	£1,556	5
2001	£177,312	£1,579	8
2000	£168,988	£1,786	4
1999	£129,082	£950	7
1998	£109,464	£1,236	14
1997	£117,107	£1,019	7
1996	£92,088	£863	17
1995	£100,922	£709	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£411,667	£5,308	3
2023	£411,214	£4,971	7
2022	£393,778	£5,616	9
2021	£330,875	£5,025	12
2020	£340,000	£4,285	11
2019	£350,714	£5,060	7
2018	£300,200	£4,293	5
2017	£293,636	£4,284	7
2016	£346,180	£3,932	15
2015	£300,840	£3,444	10
2014	£249,820	£3,323	20
2013	£221,575	£3,030	6
2012	£234,167	£2,667	9
2011	£228,750	£2,585	12
2010	£190,433	£2,727	15
2009	£200,550	£2,405	10
2008	£202,975	£2,490	4
2007	£205,697	£2,860	15
2006	£195,746	£2,683	12
2005	£186,152	£2,489	20
2004	£169,397	£2,364	15
2003	£161,934	£2,200	19
2002	£153,290	£1,937	21
2001	£128,394	£1,553	25
2000	£104,556	£1,376	21
1999	£81,461	£1,140	26
1998	£79,930	£1,103	25
1997	£73,037	£910	37
1996	£59,749	£896	19
1995	£62,096	£850	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£134,750		2
2022	£145,000	£4,163	2
2021	£140,000	£4,089	2
2020	£128,000	£3,817	2
2019	£145,000	£3,269	1
2018	£101,000	£4,040	2
2017	£111,206	£4,108	7
2015	£116,500	£2,888	3
2014	£108,500	£2,830	4
2013	£100,833	£2,715	3
2012	£72,375	£2,660	4
2011	£91,500	£2,787	2
2010	£105,500	£2,308	2
2009	£106,000	£3,118	1
2008	£117,000	£2,853	2
2007	£118,417	£2,800	6
2006	£95,000	£2,897	4
2005	£99,333	£2,541	3
2004	£91,143	£2,633	7
2003	£82,929	£2,237	7
2002	£69,166	£2,069	9
2001	£53,432	£1,536	11
2000	£48,938	£1,253	8
1999	£36,440	£1,045	10
1998	£35,743	£908	7
1997	£33,357	£750	7
1996	£26,417	£701	6
1995	£36,000	£820	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£341,250		2
2023	£334,455	£5,354	11
2022	£333,333	£4,746	12
2021	£297,607	£4,817	14
2020	£331,731	£4,134	13
2019	£259,148	£4,267	14
2018	£272,182	£4,311	11
2017	£253,096	£4,332	14
2016	£272,886	£3,792	18
2015	£207,170	£3,639	17
2014	£203,636	£3,302	18
2013	£177,607	£2,923	14
2012	£176,850	£2,714	10
2011	£171,014	£3,271	11
2010	£162,812	£2,793	8
2009	£180,000	£2,603	8
2008	£187,535	£3,067	13
2007	£175,436	£3,222	25
2006	£173,498	£2,629	27
2005	£162,775	£2,656	20
2004	£144,085	£2,402	26
2003	£143,917	£2,168	25
2002	£118,363	£2,163	23
2001	£100,455	£1,573	33
2000	£90,644	£1,366	26
1999	£73,293	£1,160	45
1998	£64,069	£1,041	29
1997	£57,390	£853	49
1996	£54,954	£795	34
1995	£53,648	£779	27

House Type in SG7 6TJ area

The most common house types in the SG7 6TJ postcode area are Terraced (54), Semi-detached (25), and Detached (22).

Total	110
Terraced	54
Semi-detached	25
Detached	22
Flat	8
Shared house	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 Owned: Owns with a mortgage or loan (56), and Owned: Owns outright (37).

Owned: Owns with a mortgage or loan	56
Owned: Owns outright	37
Private rented: Private landlord or letting agency	15
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the SG7 6TJ have 1 person in household (36), and 2 people in household (33).

1 person in household	36
2 people in household	33
3 people in household	22
4 people in household	16
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0