The average property value in Dacorum is £503,967 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Dacorum grew by £39,466. Compare house prices by area
Average property prices in Dacorum grew by 8.5% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 5.1% per year.
If prices in Dacorum continue to rise by 5.1% a year, the average property price will be £615,633 in 2025.
There were 2,351 property sales in Dacorum in the year ending June 2021, an increase of 578 when compared to the previous year.
The average price for a house in Dacorum ranges from £411,806 for a terraced house to £828,096 for a detached house, with semi-detached in between costing on average £510,807.
The average price for a flat or maisonette in Dacorum is £266,498.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Dacorum, terraced house prices have risen the most between the years ending 2011 and 2021, and detached house prices have grown the least.
Detached house prices have risen 41.1% from £586,857 to £828,096, semi-detached house prices have risen 63.8% from £311,780 to £510,807, terraced house prices have risen 73.9% from £236,829 to £411,806, and flat prices have risen 51.8% from £175,559 to £266,498.
The most common type of property sold in Dacorum during the year ending June 2021 was terraced houses, which accounted for 36.3% of properties.
The least commonly available type of property sold in Dacorum were flats, which account for 16.5% of properties sold.
Of the properties sold in Dacorum during 2021, 1.5% were new build properties.
The average price paid for a new build property in Dacorum was £80,945 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (56% of new build properties sold). For existing properties, the most common type is terraced houses (38% of existing properties sold).
The most common price band for property sales in Dacorum is £300k - £400k, which accounted for 18.9% of properties sold in 2021.
4.1% of properties in Dacorum had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Dacorum were in the £50k - £100k price bracket, accounting for 0.1% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics