The average property value in East Hertfordshire is £497,126 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 East Hertfordshire grew by £27,372. Compare house prices by area
Average property prices in East Hertfordshire grew by 5.8% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.3% per year.
If prices in East Hertfordshire continue to rise by 4.3% a year, the average property price will be £589,058 in 2025.
There were 2,657 property sales in East Hertfordshire in the year ending June 2021, an increase of 607 when compared to the previous year.
The average price for a house in East Hertfordshire ranges from £392,453 for a terraced house to £751,762 for a detached house, with semi-detached in between costing on average £490,118.
The average price for a flat or maisonette in East Hertfordshire is £277,138.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in East Hertfordshire, semi-detached 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 42.1% from £529,141 to £751,762, semi-detached house prices have risen 58.9% from £308,360 to £490,118, terraced house prices have risen 57.0% from £250,004 to £392,453, and flat prices have risen 51.7% from £182,637 to £277,138.
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The most common type of property sold in East Hertfordshire during the year ending June 2021 was terraced houses, which accounted for 29.4% of properties.
The least commonly available type of property sold in East Hertfordshire were flats, which account for 17.0% of properties sold.
Of the properties sold in East Hertfordshire during 2021, 0.9% were new build properties.
The average price paid for a new build property in East Hertfordshire was £14,078 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (44% of new build properties sold). For existing properties, the most common type is terraced houses (31% of existing properties sold).
The most common price band for property sales in East Hertfordshire is £300k - £400k, which accounted for 16.3% of properties sold in 2021.
3.0% of properties in East Hertfordshire 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 East Hertfordshire 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