The price of a newly built property is £574k in Hertfordshire county. The price increased by £63.1k (12%) over the last twelve months. The price of an established property is £539k. There were 116 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 35 (30.2%) properties sold, followed by £750k-£1M price range with 26 (22.4%) properties sold. Most new homes were sold in HP1 1, with 17 sold to date from November 2022 - October 2023.
November 2022 - October 2023 | Hertfordshire county | England & Wales |
---|---|---|
Average price of a new home | £574k | £424k |
Average price change | 12% £63.1k | 13% £47.3k |
November 2022 - October 2023
New or established | Average price |
---|---|
█ A newly built property | £574k |
█ An established property | £539k |
November 2022 - October 2023
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between November 2022 - October 2023. See also Hertfordshire property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £150k-£200k | 2.6% | 3 |
█ £200k-£250k | 5.2% | 6 |
█ £250k-£300k | 12.1% | 14 |
█ £300k-£400k | 12.1% | 14 |
█ £400k-£500k | 9.5% | 11 |
█ £500k-£750k | 30.2% | 35 |
█ £750k-£1M | 22.4% | 26 |
█ over £1M | 6.0% | 7 |
November 2022 - October 2023
November 2022 - October 2023
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year