Hertfordshire property prices

The average property price in Hertfordshire county is £492k. The average price increased by £33.4k (7%) over the last twelve months. The price of an established property is £494k. The price of a newly built property is £440k. There were 11.2k property sales and sales dropped by 25.5% (-4.3k transactions). Most properties were sold in the £300k-£400k price range with 2782 (24.8%) properties sold, followed by £500k-£750k price range with 2372 (21.2%) properties sold.

February 2020 - January 2021

Hertfordshire county

England and Wales

£492k

average property price

£314k

average property price

7%

average price percentage change

6%

average price percentage change

£33.4k

average price change

£17.5k

average price change

Hertfordshire house prices map

This price map shows the average property price in a given postcode sector between February 2020 - January 2021. The most affordable place was 'SG1 1' with the average price of £231k. The most expensive place was 'AL5 2', £1.4M.

Hertfordshire house prices map

Hertfordshire house prices compared to other counties

Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between February 2020 - January 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in county.

Hertfordshire house prices compared to other countiesAverage price percentage change
Average property price

Hertfordshire house price rank

With the average price of £492k, Hertfordshire is the 3. most pricey county out of 55 England and Wales' counties.

Hertfordshire house price rank

Hertfordshire property sales share by price range

shows a number of properties sold in a given price range between February 2020 - January 2021.

Hertfordshire property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k0.4%44
£100k-£150k1.4%159
£150k-£200k3.9%440
£200k-£250k7.4%825
£250k-£300k10.4%1.2k
£300k-£400k24.8%2.8k
£400k-£500k18.0%2.0k
£500k-£750k21.2%2.4k
£750k-£1M7.4%826
over £1M5.2%577

Hertfordshire cost comparison of new homes and older homes

February 2020 - January 2021

Hertfordshire cost comparison of new homes and older homes

£440k

A newly built property

£494k

An established property

Hertfordshire cost comparison of houses and flats

February 2020 - January 2021

Hertfordshire cost comparison of houses and flats

£838k

Detached

£272k

Flat

£511k

Semi-Detached

£393k

Terraced

Hertfordshire real house prices

Yearly average nominal house prices adjusted for inflation.

Hertfordshire real house prices

Hertfordshire house prices compared to England & Wales' house prices

Yearly average nominal prices

Hertfordshire house prices

Hertfordshire house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Hertfordshire house prices and nearby counties

Yearly average nominal prices

Hertfordshire house prices and nearby counties

Hertfordshire house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Hertfordshire house prices new vs established

Hertfordshire house prices by property type

Yearly average nominal prices

Hertfordshire house prices by property type

Hertfordshire house price to earnings ratio

The median property price to median earnings ratio is ranging between 9 in North Hertfordshire and 14.5 in Three Rivers. Ie. North Hertfordshire resident with middle-income needs 9 gross annual salaries to buy a medium-priced property. Resident in Three Rivers needs 14.5 annual salaries. The England and Wales ratio was 7.7 in 2019.
Hertfordshire house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
North Hertfordshire9
Stevenage9.3
East Hertfordshire10.3
Broxbourne10.6
Watford10.6
Dacorum11.4
Welwyn Hatfield11.4
Hertsmere12.7
St Albans12.8
Three Rivers14.5

Other reports for Hertfordshire county

new home prices

property transactions

population statistics

salary and unemployment

home energy certificates

crime statistics

energy costs

home features

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