House prices in AL1 3 (St Albans)

This article reveals price per square metre data and various charts to help you understand current housing market in 'AL1 3' (St Albans) - statistics were last calculated on 30 June 2024.

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Defining 'AL1 3'

This analysis is limited to properties whose postcode starts with "AL1 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it St Albans.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in St Albans is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. Flat 1 Heathfield Court, 21, Avenue Road, St Albans, sold for £341,500 on May-2024. Given the internal area of 63 square metres, the price per sqm is £5,420.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £6,600-£7,000, £7,000-£7,400, £7,400-£7,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 184 sales in St Albans (AL1 3) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in St Albans (AL1 3). Of the 184 transactions, half were sold for between £5,450 and £7,220 per square metre. The median, or 'middle', price per square metre in 'AL1 3' is £6,190. Notably, only 25% of properties that sold recently were valued at more than £7,220 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for St Albans

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring St Albans. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for St Albans

Comparison with neighbouring postcode sectors

The table below shows how 'AL1 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
AL1 3 St Albans	£5,450 sqm	£6,190 sqm	£7,220 sqm
AL1 2 St Albans	£5,720 sqm	£6,520 sqm	£7,390 sqm
AL1 1 St Albans	£5,760 sqm	£6,820 sqm	£8,180 sqm
AL1 4 St Albans	£6,980 sqm	£7,940 sqm	£8,800 sqm
AL1 5 St Albans	£5,490 sqm	£6,410 sqm	£7,500 sqm

Will St Albans house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for AL1 3 (St Albans) compared with both the wider area AL1 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for St Albans to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about St Albans and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Newsom Place, St Albans, AL1 3G	63 sqm	£6,016	34
Alexandra Road, St Albans, AL1 3A	70 sqm	£8,135	29
Charrington Place, St Albans, AL1 3F	57 sqm	£5,968	27
Davis Court, St Albans, AL1 3X	47 sqm	£4,758	25
Avenue Road, St Albans, AL1 3Q	85 sqm	£6,378	19
Inkerman Road, St Albans, AL1 3B	74 sqm	£8,041	18
Lemsford Road, St Albans, AL1 3P	83 sqm	£6,002	18
Hillside Road, St Albans, AL1 3Q	90 sqm	£6,203	16

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Gabriel Square, St Albans, AL1 3A	153 sqm	£5,903	23
Civic Close, St Albans, AL1 3J	47 sqm	£7,110	21

Gabriel Square, St Albans, AL1 3A has seen 23 new build sales in the last 4 years (average price £963,448). These new build homes typically have an internal area of 153 sqm, with an average price of £5,903 sqm. This £sqm average is £-287 below the average for AL1 3. New builds typically command a £ per sqm premium. In the case of Gabriel Square the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of St Albans is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
Flat 1 Heathfield Court, 21, Avenue Rd, St Albans	£341,500 May-2024	63	5,420
43, Inkerman Rd, St Albans	£748,500 Apr-2024	107	6,995
Apartment 7 Trinity Court, Newsom Pl, St Albans	£215,000 Mar-2024	80	2,687

See the entire list of all sales in St Albans (AL1 3) here.