House prices in AL4 0 (St Albans)

This article reveals price per square metre data and various charts to help you understand current housing market in 'AL4 0' (St Albans) - statistics were last calculated on 30 June 2024.

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Defining 'AL4 0'

This analysis is limited to properties whose postcode starts with "AL4 0", 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. 11, Hobbs Close, St Albans, sold for £599,000 on May-2024. Given the internal area of 109 square metres, the price per sqm is £5,495.

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. £6,150-£6,500, £6,500-£6,850, £6,850-£7,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 158 sales in St Albans (AL4 0) 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 (AL4 0). Of the 158 transactions, half were sold for between £5,280 and £7,500 per square metre. The median, or 'middle', price per square metre in 'AL4 0' is £6,420. Notably, only 25% of properties that sold recently were valued at more than £7,500 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 'AL4 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
AL4 0 St Albans	£5,280 sqm	£6,420 sqm	£7,500 sqm
AL4 9 St Albans	£5,730 sqm	£6,680 sqm	£7,540 sqm
AL4 8 Wheathampstead	£5,380 sqm	£6,100 sqm	£7,000 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 AL4 0 (St Albans) compared with both the wider area AL4 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
High Street, St Albans, AL4 0N	83 sqm	£5,448	17
Puddingstone Drive, St Albans, AL4 0G	85 sqm	£7,460	16
Hatfield Road, St Albans, AL4 0D	139 sqm	£6,687	14
Woodland Drive, St Albans, AL4 0E	113 sqm	£7,717	13
Colney Heath Lane, St Albans, AL4 0T	123 sqm	£5,892	12
Wynches Farm Drive, St Albans, AL4 0X	114 sqm	£6,644	12
Hatfield Road, St Albans, AL4 0S	106 sqm	£5,930	11
Cedarwood Drive, St Albans, AL4 0D	71 sqm	£5,926	11

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Harrier End, St Albans, AL4 0L	99 sqm	£5,986	10
Shakespeare Close, St Albans, AL4 0F	93 sqm	£6,754	13
Bronte Close, St Albans, AL4 0F	134 sqm	£6,992	10

Harrier End, St Albans, AL4 0L has seen 10 new build sales in the last 4 years (average price £576,644). These new build homes typically have an internal area of 99 sqm, with an average price of £5,986 sqm. This £sqm average is £-434 below the average for AL4 0. New builds typically command a £ per sqm premium. In the case of Harrier End 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
11, Hobbs Close, St Albans	£599,000 May-2024	109	5,495
10, Bronte Close, St Albans	£880,000 Apr-2024	99	8,888
12, Sleapcross Gardens, St Albans	£685,000 Apr-2024	153	4,477

See the entire list of all sales in St Albans (AL4 0) here.