The average property value in St Albans is £665,825 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 St Albans grew by £58,914. Compare house prices by area
Average property prices in St Albans grew by 9.7% 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 St Albans continue to rise by 4.3% a year, the average property price will be £788,438 in 2025.
There were 2,457 property sales in St Albans in the year ending June 2021, an increase of 590 when compared to the previous year.
The average price for a house in St Albans ranges from £540,288 for a terraced house to £1,032,739 for a detached house, with semi-detached in between costing on average £692,677.
The average price for a flat or maisonette in St Albans is £354,404.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in St Albans, 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 46.5% from £705,082 to £1,032,739, semi-detached house prices have risen 60.6% from £431,377 to £692,677, terraced house prices have risen 62.8% from £331,800 to £540,288, and flat prices have risen 56.7% from £226,099 to £354,404.
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The most common type of property sold in St Albans during the year ending June 2021 was terraced houses, which accounted for 29.1% of properties.
The least commonly available type of property sold in St Albans were flats, which account for 18.6% of properties sold.
Of the properties sold in St Albans during 2021, 2.2% were new build properties.
The average price paid for a new build property in St Albans was £11,360 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (46% 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 St Albans is £600k - £800k, which accounted for 16.6% of properties sold in 2021.
8.3% of properties in St Albans 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 St Albans were in the £100k - £150k price bracket, accounting for 0.3% 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