Story Highlights

• Hertfordshire had total property sales of £8.85 billions in 2015.
• The total number of properties sold in 2015 in Hertfordshire was 21,506
• The total volume of sales at district level was maximum for St Albans at £1.5 billions
• The average sales price in Hertfordshire was £411 K whereas median was £325 K
• The average sales at district level was maximum for St Albans at £533 K
• Similarly the median of sales price  was maximum for St Albans at £445 K
• New Property sales contributed 8.7% and Not New Property contributed 91.3%

Hertfordshire is one of the counties of East England. The districts of Hertfordshire are St Albans, Dacorum, East Hertfordshire, Hertsmere, North Hertfordshire, Three Rivers, Welwyn Hatfield, Watford, Broxbourne, Stevenage.

Let us look at the Hertfordshire Property Market in 2015 in detail.

 Total Sales By Districts

The total sales of Hertfordshire £8.85 Billions in 2015 contributed 25.68% of East England Property Market 2015. 

The split across its districts is as follow:

• St Albans was maximum at £1.5 billions (16.81%)
• Dacorum at £1.25 billions (14.11%)
• East Hertfordshire at £1.2 billions (13.61%)
• Hertsmere at £922 millions (10.42%)
• North Hertfordshire at £870 millions (9.83%)
• Three Rivers at £783 millions (8.85%)
• Welwyn Hatfield at £703 millions (7.94%)
• Watford at £678 millions (7.67%)
• Broxbourne at £534 millions (6.04%)
• With minimum for Stevenage at £417 millions (4.71%)

Total Sales By Property Type

The split of £8.85 billions across the different property types in Hertfordshire are:

• Detached at £2.9 billions (32.75%)
• Terraced at £2.1 billions (23.74%)
• Semi-Detached at £1.9 billions (21.2%)   
• Flat/Maisonette at £2.1 billions (16.28%) 
• Other at £533 millions (6.03%)

Total No Of Properties Sold By Property Type

The total property sales of £8.85 billions in 2015 was spread over 21,506 properties.

• Terraced properties at 6,449 (29.99%) 
• Detached at 4,059 (18.87%)
• Semi-Detached at 4,392 (20.42%)  
• Flat/Maisonette at 6,234 (28.99%)
• Others at 372 (1.73%). 

Average & Median Sales Price

The average sales price in Hertfordshire was £411 K. For the different property types it was:

• Detached at £714 K
• Semi-Detached at £427 K
• Terraced at £326 K
• Flat/Maisonette at £231 K
• Other it is at £1.43 millions.

Similarly median sales price in Hertfordshire was £325 K. For the different property types it was:

• Detached at £605 K
• Semi-Detached at £395 K
• Terraced at £300 K
• Flat/Maisonette at £212 K
• Other it is at £500 K

Average & Median Sales Price By Districts

The average of sales prices at district level in Hertfordshire for 2015 is as follows:

• St Albans had maximum average sales price at £533 K
• Three Rivers at £513 K
• Hertsmere at £490 K
• Dacorum at £418 K
• Welwyn Hatfield at £395 K
• East Hertfordshire at £389 K
• Watford at £381 K
• North Hertfordshire at £338 K
• Broxbourne at £319 K
• With minimum for Stevenage at £294 K

• St Albans had maximum average sales price at £445 K
• Three Rivers at £420 K
• Hertsmere at £390 K
• East Hertfordshire at £325 K
• Dacorum at £325 K
• Watford at £300 K
• Welwyn Hatfield at £300 K
• Broxbourne at £290 K
• North Hertfordshire at £282 K
• With minimum for Stevenage at £225 K

New Vs Not New Property Statistics

By Sales Values the split is as follows:

• New Properties contributed £769 millions (8.7%) 
• Not New Property was £8.08 billions (91.3%)

By Total Number the split is as follows:

• New properties sold were 1,964  (9.13%)
• Not new property sold were 19,542 (90.87%).

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