The average property value in North Hertfordshire is £446,763 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 North Hertfordshire grew by £26,190. Compare house prices by area
Average property prices in North Hertfordshire grew by 6.2% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 5.2% per year.
If prices in North Hertfordshire continue to rise by 5.2% a year, the average property price will be £546,313 in 2025.
There were 2,101 property sales in North Hertfordshire in the year ending June 2021, an increase of 440 when compared to the previous year.
The average price for a house in North Hertfordshire ranges from £357,670 for a terraced house to £692,731 for a detached house, with semi-detached in between costing on average £464,643.
The average price for a flat or maisonette in North Hertfordshire is £234,895.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in North 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 50.1% from £461,628 to £692,731, semi-detached house prices have risen 80.0% from £258,111 to £464,643, terraced house prices have risen 72.3% from £207,564 to £357,670, and flat prices have risen 60.5% from £146,327 to £234,895.
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The most common type of property sold in North Hertfordshire during the year ending June 2021 was terraced houses, which accounted for 31.3% of properties.
The least commonly available type of property sold in North Hertfordshire were flats, which account for 16.8% of properties sold.
Of the properties sold in North Hertfordshire during 2021, 0.3% were new build properties.
The average price paid for a new build property in North Hertfordshire was £81,803 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (50% of new build properties sold). For existing properties, the most common type is terraced houses (32% of existing properties sold).
The most common price band for property sales in North Hertfordshire is £300k - £400k, which accounted for 16.5% of properties sold in 2021.
1.6% of properties in North 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 North Hertfordshire were in the £50k - £100k price bracket, accounting for 0.4% 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