House prices in AL5 5 (Harpenden)

This article reveals price per square foot data and various charts to help you understand current housing market in 'AL5 5' (Harpenden) - statistics were last calculated on 30 August 2024.


Defining 'AL5 5'

This analysis is limited to properties whose postcode starts with "AL5 5", 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 Harpenden.

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

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

Price per square foot

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

£ per sqft = price ÷ internal area
E.g. 21, Gilpin Green, Harpenden, sold for £362,500 on Jul-2024. Given the internal area of 635 square feet, the price per sqft is £570.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £747-£789, £789-£831, £831-£873 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 163 sales in Harpenden (AL5 5) that took place in the last two years.

Distribution of £ per sqft for Harpenden
Distribution of £ per sqft house prices in Harpenden

Generate a custom chart like the one above but based on your own criteria.

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 Harpenden (AL5 5). Of the 163 transactions, half were sold for between £544 and £720 per square foot. The median, or 'middle', price per square foot in 'AL5 5' is £621. Notably, only 25% of properties that sold recently were valued at more than £720 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Harpenden

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 Harpenden. 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 Harpenden
House price heatmap for Harpenden

Comparison with neighbouring postcode sectors

The table below shows how 'AL5 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
AL5 5 Harpenden £544 sqft £621 sqft £720 sqft
AL5 1 Harpenden £566 sqft £641 sqft £714 sqft
AL5 3 Harpenden £510 sqft £593 sqft £706 sqft
AL5 4 Harpenden £530 sqft £647 sqft £739 sqft
AL5 2 Harpenden £652 sqft £757 sqft £839 sqft

Will Harpenden 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 AL5 5 (Harpenden) compared with both the wider area AL5 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square foot in Harpenden,Harpenden
House price trends for Harpenden

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.

Most recent AL5 5 sales
Recent trends for Harpenden

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 Harpenden 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 Harpenden 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 £sqft Recent sales
Milton Road, Harpenden, AL5 5L 850 sqft £530 26
Overstone Road, Harpenden, AL5 5P 0 sqft £702 19
Salisbury Road, Harpenden, AL5 5A 0 sqft £544 19
Topstreet Way, Harpenden, AL5 5T 0 sqft £730 17
Millstone Way, Harpenden, AL5 5F 667 sqft £452 16
Alzey Gardens, Harpenden, AL5 5S 0 sqft £681 15
Batford Road, Harpenden, AL5 5A 990 sqft £590 14
Cowper Road, Harpenden, AL5 5N 0 sqft £680 14

Search for your street here.

Raw data

Our analysis of Harpenden 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 sqft £/sqft
21, Gilpin Green, Harpenden £362,500
Jul-2024
635 570
20, Meadow Walk, Harpenden £970,000
Jun-2024
1,571 617
22, Batford Rd, Harpenden £575,000
Jun-2024
1,011 568

See the entire list of all sales in Harpenden (AL5 5) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.