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casehog

Hatfield/st Albans

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You may have already seen this, but if not you may find it of interest.

Doesn't look like much is selling to me !!

Some sales figures from rightmove for the AL1 - AL5 postcodes, St. Albans Herts. These are volumes not prices paid :-

Total Sales-

2002 - 3688

2003 - 2905

2004 - 3171

2005 - 2177 ( Down 1511 from peak )

Flats -

2002 - 853

2003 - 589

2004 - 665

2005 - 488 ( Down 365 from peak )

Terraced -

2002 - 1064

2003 - 871

2004 - 920

2005 - 611 (Down 453 from peak )

Detached -

2002 - 807

2003 - 675

2004 - 676

2005 - 514 (Down 293 from peak )

Note that volumes actually peaked in this area, in 2002 in all cases.

Many of the "actual sold prices" have also peaked and dropped back slightly as well now, will post details when I have the time.

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Houses seem to be selling, went past Centurion court a lot of For Sale/To Let signs on a new new build complex.

I live close to Centurian Court (STR) and all those signs have been up for around 2 months - and as far as I can see, nothing is shifting, whether lettings or sales. I imagine that part of the problem is the new glut of supply 50m up the road (Minerva Heights). The other part of the probem being the pricing....

BTW, anyone looked at the national average incomes by district? St Albans is 4th and 6th out of 455 districts, depending on whether you look at mean or median incomes.

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Houses seem to be selling, went past Centurion court a lot of For Sale/To Let signs on a new new build complex.

A similar thing happened with a block of newbuilds in Caterham a couple of months ago - the "sold" signs went up, then it turned out that the buyers were a housing association.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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