Feb 07, 2023 by HM

House prices in Hatfield (AL10 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Hatfield (AL10 9).


Defining 'AL10 9'

This analysis is limited to properties whose postcode starts with "AL10 9", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Hatfield 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. 8, Astwick Avenue, Hatfield, sold for £475,000 on Feb-2024. Given the internal area of 72 square metres, the price per sqm is £6,597.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres 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. £4,800-£5,000, £5,000-£5,200, £5,200-£5,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 168 sales in Hatfield (AL10 9) that took place in the last two years.

Distribution of £ per sqm for Hatfield (AL10 9)
Distribution of £ per sqm house prices in Hatfield

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 Hatfield (AL10 9). Of the 168 transactions, half were sold for between £4,010 and £5,120 per square metre. The median, or 'middle', price per square metre in 'AL10 9' is £4,480. Notably, only 25% of properties that sold recently were valued at more than £5,120m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Hatfield

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 Hatfield. 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.

Property price heatmap for Hatfield
House price heatmap for Hatfield

Comparison with neighbouring postcode sectors

The table below shows how 'AL10 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
AL10 0 Hatfield £4,130m2 £4,670m2 £5,460m2
AL10 8 Hatfield £3,960m2 £4,380m2 £4,850m2
AL10 9 Hatfield £4,010m2 £4,480m2 £5,120m2

Will Hatfield 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 scatter plot below for AL10 9 (Hatfield). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for AL10 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Hatfield (AL10 9) over time
House price trends for Hatfield

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Hatfield 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Hatfield data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
Clarkson Court, Hatfield, AL10 9G 62m2 £3,737 17
Coopers Green Lane, Hatfield, AL10 9B 89m2 £3,934 15
Tudor Close, Hatfield, AL10 9E 53m2 £4,385 14
Bramble Road, Hatfield, AL10 9S 110m2 £5,617 12
Campion Road, Hatfield, AL10 9F 95m2 £4,760 12
Bishops Rise, Hatfield, AL10 9Q 77m2 £4,208 12
Gorseway, Hatfield, AL10 9G 72m2 £4,926 11
Bradshaws, Hatfield, AL10 9Q 80m2 £4,188 11

Search for your street here.

Raw data

Our analysis of Hatfield 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 m2 £/m2
8, Astwick Avenue, Hatfield £475,000
Feb-2024
72 6,597
13, Tomsfield, Hatfield £243,000
Jan-2024
51 4,764
63, The Runway, Hatfield £485,000
Dec-2023
92 5,271

See the entire list of all sales in Hatfield (AL10 9) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.