Housing Market Analysis for PALACE GARDENS, SG8 5AD

Are you looking to understand SG8 5AD 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 SG8 5AD area, explore the SG8 5AD Area information page.
For comprehensive crime statistics in the SG8 5AD area, explore the SG8 5AD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SG8 5AD postcode area, The average prices are as follows,

Detached
- The average price is around £569,418 median price is £540,000 Standard Deviation is £274,381 with Total Sold: 45
- The Last 5 Year average price is £1,010,258 with Total Sold: 6
- The most recent sale happened at this postcode is 16 PALACE GARDENS: £1,200,000 (Sold on 21 Mar 2023)
- The first recorded sale happened at this postcode is 29 PALACE GARDENS: £193,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SG8 5AD 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	£1,200,000	£4,444	1
2022	£1,100,000	£5,478	2
2021	£760,000	£4,176	1
2019	£950,775	£4,542	2
2018	£1,011,667	£4,150	3
2017	£750,000	£4,360	1
2016	£720,000	£3,956	1
2014	£755,000	£2,786	1
2013	£637,500	£2,404	2
2012	£500,000	£3,963	1
2010	£675,000	£2,491	1
2009	£575,000		1
2007	£618,333	£3,862	3
2006	£587,500	£3,159	2
2004	£563,333	£2,804	3
2003	£431,500	£1,540	1
2002	£393,333	£1,960	6
2001	£380,000	£1,417	2
2000	£403,000		1
1999	£333,333	£1,526	3
1997	£227,000	£1,433	1
1996	£239,438	£1,011	4
1995	£209,000	£973	2

All the Sales in the PALACE GARDENS, SG8 5AD

See the table below for more details on the sold house prices in the SG8 5AD, North Hertfordshire postcode.

Address	Sold Date	Price	% Change
16 PALACE GARDENSDetached, FreeholdArea: 270 Sq.mtrAge: 1983-1990	21 Mar 2023	£1,200,000	63.27%
	07 Jun 2013	£735,000	14.84%
	12 Jan 2007	£640,000	15.32%
	21 May 2004	£555,000	39.62%
	21 Jun 2002	£397,500	75.11%
	27 Aug 1997	£227,000	First Sale
25 PALACE GARDENSDetached, FreeholdArea: 182 Sq.mtrAge: 1983-1990	04 Oct 2022	£980,000	36.11%
	29 Jul 2016	£720,000	First Sale
21 PALACE GARDENSDetached, FreeholdArea: 219 Sq.mtrAge: 1991-1995	05 Aug 2022	£1,220,000	293.55%
	13 Dec 1999	£310,000	First Sale
5 PALACE GARDENSDetached, FreeholdArea: 182 Sq.mtrAge: 1991-1995	16 Aug 2021	£760,000	First Sale
29 PALACE GARDENSDetached, FreeholdArea: 169 Sq.mtrAge: 1996-2002	29 Aug 2019	£831,550	47.18%
	28 Jul 2006	£565,000	192.75%
	31 Mar 1995	£193,000	First Sale
12 PALACE GARDENSDetached, FreeholdArea: 257 Sq.mtrAge: 1991-1995	03 Apr 2019	£1,070,000	185.33%
	25 May 2001	£375,000	First Sale
14 PALACE GARDENSDetached, FreeholdArea: 213 Sq.mtrAge: 1983-1990	03 Oct 2018	£1,000,000	First Sale
8 PALACE GARDENSDetached, FreeholdArea: 280 Sq.mtrAge: 1996-2002	29 Mar 2018	£940,000	56.67%
	28 May 2004	£600,000	50.00%
	17 Jul 2002	£400,000	73.16%
	02 Sep 1996	£231,000	First Sale
9 PALACE GARDENSDetached, FreeholdArea: 249 Sq.mtrAge: 1996-2002	16 Mar 2018	£1,095,000	First Sale
27 PALACE GARDENSDetached, FreeholdArea: 172 Sq.mtrAge: 1996-2002	30 Mar 2017	£750,000	140.00%
	15 Feb 2002	£312,500	First Sale
10 PALACE GARDENSDetached, FreeholdArea: 271 Sq.mtrAge: 1983-1990	07 Feb 2014	£755,000	11.85%
	19 May 2010	£675,000	56.43%
	18 Jul 2003	£431,500	12.08%
	07 Mar 2001	£385,000	71.11%
	11 Jul 1995	£225,000	First Sale
15 PALACE GARDENSDetached, FreeholdArea: 259 Sq.mtrAge: 1991-1995	30 Aug 2013	£540,000	First Sale
4 PALACE GARDENSDetached, FreeholdArea: 126.18 Sq.mtrAge: 1983-1990	22 Aug 2012	£500,000	-12.28%
	30 Nov 2007	£570,000	First Sale
11 PALACE GARDENSDetached, Freehold	26 Feb 2009	£575,000	7.48%
	27 Aug 2004	£535,000	33.75%
	30 Apr 2002	£400,000	First Sale
20 PALACE GARDENSDetached, FreeholdArea: 212.79 Sq.mtrAge: 1983-1990	11 Oct 2007	£645,000	48.28%
	20 Dec 2002	£435,000	22.54%
	30 Nov 1999	£355,000	First Sale
23 PALACE GARDENSDetached, FreeholdArea: 205 Sq.mtrAge: 1991-1995	15 Aug 2006	£610,000	46.99%
	23 Aug 2002	£415,000	80.43%
	12 Dec 1996	£230,000	First Sale
18 PALACE GARDENSDetached, Freehold	29 Sep 2000	£403,000	First Sale
24 PALACE GARDENSDetached, FreeholdArea: 224 Sq.mtrAge: 1996-2002	16 Apr 1999	£335,000	35.76%
	02 Apr 1996	£246,750	First Sale
22 PALACE GARDENSDetached, Freehold	29 Mar 1996	£250,000	First Sale

Check out the sold house prices near the SG8 5AD postcode. Properties currently for saleProperties currently for rent

PALACE GARDENS, SG8 5AD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SG8 5AD 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 SG8 5AD postcode.

Detached
- The average price is around £427,968 median price is £390,000 Standard Deviation is £244,449 with Total Sold: 558
- The Last 5 Year average price is £691,988 with Total Sold: 95
- The most recent sale happened at this postcode is , 4 SUN HILL: £400,000 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 10 STEPHENSON CLOSE: £116,541 (Sold on 12 Jan 1995)
Terraced
- The average price is around £188,345 median price is £178,000 Standard Deviation is £108,323 with Total Sold: 1,058
- The Last 5 Year average price is £325,156 with Total Sold: 164
- The most recent sale happened at this postcode is , 19 PRINCES MEWS: £242,500 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 42 QUEENS ROAD: £55,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £145,729 median price is £146,000 Standard Deviation is £57,299 with Total Sold: 1,509
- The Last 5 Year average price is £201,479 with Total Sold: 248
- The most recent sale happened at this postcode is , 20 BRAEBURN WALK: £125,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 15 GRESLEY LODGE: £37,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £239,235 median price is £224,995 Standard Deviation is £120,390 with Total Sold: 431
- The Last 5 Year average price is £395,795 with Total Sold: 73
- The most recent sale happened at this postcode is , 52 BRIARY LANE: £400,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 4 BRIARY LANE: £53,000 (Sold on 06 Jan 1995)
Other
- The average price is around £430,251 median price is £250,000 Standard Deviation is £700,185 with Total Sold: 65
- The Last 5 Year average price is £583,731 with Total Sold: 35
- The most recent sale happened at this postcode is , 4 MELBOURN ROAD: £900,000 (Sold on 26 Mar 2024)
- The first recorded sale happened at this postcode is FLAT 1, SILLENCE COURT UPPER KING STREET: £42,554 (Sold on 14 Mar 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£596,000		5
2023	£726,889	£5,189	18
2022	£787,973	£5,534	10
2021	£702,037	£4,862	27
2020	£663,205	£4,679	15
2019	£644,602	£4,430	20
2018	£683,517	£4,469	15
2017	£556,239	£4,541	23
2016	£599,646	£4,160	24
2015	£519,286	£3,886	14
2014	£528,500	£3,578	30
2013	£469,302	£2,964	24
2012	£418,969	£3,481	16
2011	£395,958	£2,907	12
2010	£440,000	£2,821	12
2009	£359,615	£2,943	17
2008	£436,768	£2,432	11
2007	£476,931	£3,239	22
2006	£408,562	£2,788	17
2005	£383,496	£2,477	12
2004	£331,252	£2,233	26
2003	£313,045	£2,485	19
2002	£294,320	£2,012	25
2001	£306,052	£1,640	28
2000	£274,340	£1,643	25
1999	£211,528	£1,380	18
1998	£128,902	£1,138	10
1997	£160,302	£1,044	21
1996	£160,610	£870	14
1995	£124,659	£995	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£332,036	£4,713	14
2023	£310,978	£4,977	28
2022	£360,074	£4,250	30
2021	£328,964	£4,739	35
2020	£314,606	£4,233	33
2019	£302,990	£4,700	24
2018	£276,051	£4,155	24
2017	£289,347	£4,028	33
2016	£302,328	£4,018	29
2015	£254,629	£3,592	31
2014	£236,900	£3,351	52
2013	£217,090	£2,832	39
2012	£205,646	£2,456	24
2011	£178,988	£2,818	20
2010	£180,898	£3,522	27
2009	£193,533	£2,887	36
2008	£173,604	£2,709	24
2007	£192,263	£2,939	38
2006	£182,797	£2,754	53
2005	£158,749	£2,680	34
2004	£159,432	£2,465	69
2003	£172,866	£2,223	63
2002	£117,505	£1,867	54
2001	£94,546	£1,491	41
2000	£90,280	£1,461	30
1999	£76,148	£1,552	35
1998	£66,997	£1,051	21
1997	£56,759	£1,071	48
1996	£54,645	£895	42
1995	£55,037	£947	27

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,735	£2,580	17
2023	£209,171	£3,605	38
2022	£205,520	£3,740	51
2021	£207,296	£3,714	70
2020	£193,100	£3,523	35
2019	£199,054	£3,459	37
2018	£199,991	£3,621	57
2017	£188,446	£3,550	95
2016	£198,428	£3,505	80
2015	£161,874	£3,103	87
2014	£155,925	£2,852	66
2013	£128,628	£2,533	43
2012	£167,605	£2,838	46
2011	£130,413	£2,521	31
2010	£137,037	£2,824	19
2009	£130,596	£2,489	25
2008	£138,450	£2,878	20
2007	£158,123	£2,895	71
2006	£141,964	£2,926	67
2005	£139,814	£2,630	93
2004	£141,111	£2,690	98
2003	£118,713	£2,204	43
2002	£99,119	£2,010	95
2001	£76,083	£1,496	37
2000	£64,860	£1,364	33
1999	£55,110	£1,206	33
1998	£51,430	£1,090	31
1997	£44,165	£954	36
1996	£42,732	£850	31
1995	£45,521	£966	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£402,500	£4,886	4
2023	£399,100	£4,615	10
2022	£408,850	£4,537	15
2021	£392,433	£4,311	15
2020	£392,875	£3,949	16
2019	£383,600	£4,351	13
2018	£331,444	£4,081	9
2017	£370,958	£3,772	12
2016	£325,173	£4,171	14
2015	£316,470	£3,406	17
2014	£296,556	£3,322	18
2013	£269,513	£3,031	17
2012	£267,812	£2,673	16
2011	£225,958	£2,623	12
2010	£221,860	£3,172	12
2009	£256,383	£2,596	9
2008	£231,849	£2,272	11
2007	£245,908	£2,750	16
2006	£230,656	£2,651	16
2005	£218,405	£2,161	21
2004	£189,178	£2,127	18
2003	£189,060	£2,193	15
2002	£151,669	£1,808	25
2001	£116,977	£1,411	14
2000	£132,347	£1,275	16
1999	£101,194	£1,185	19
1998	£101,115	£968	17
1997	£92,312	£952	12
1996	£70,586	£985	11
1995	£80,793	£1,018	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£606,250		2
2023	£710,944	£6,431	9
2022	£456,500		6
2021	£312,000		3
2020	£263,032	£3,038	7
2019	£912,920	£6,519	8
2018	£121,350	£89	4
2017	£240,577	£2,323	15
2016	£145,830		5
2015	£760,000		3
2014	£144,185	£788	3

House Type in SG8 5AD area

The most common house types in the SG8 5AD postcode area are Detached (66), Flat (62), and Semi-detached (11).

Total	145
Detached	66
Flat	62
Semi-detached	11
Terraced	3
converted building	2
commercial building	1
Shared house	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (83), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	83
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the SG8 5AD have 1 person in household (60), and 2 people in household (47).

1 person in household	60
2 people in household	47
3 people in household	17
4 people in household	17
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0