Perham Way - AL2 1LB
Key Postcode Insights
AL2 1LB is a residential postcode situated on Perham Way, London Colney, St. Albans, AL2 with 52 addresses.
It ranks as the 682nd largest and 241st most expensive of the 691 postcodes in the AL2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 52 properties: 52 houses.
- Ave. Sale Price
- £491,778
- 10 Year change
- up 19.6%
- Ave. Rental Price
- £2,018pcm
- 10 Year change
- up 59.4%
- Ave. £ per ft²
- £534/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
AL2 1LB is a residential postcode situated on Perham Way, London Colney, St. Albans, AL2 with 52 addresses.
It ranks as the 682nd largest and 241st most expensive of the 691 postcodes in the AL2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 52 properties: 52 houses.
- Ave. Sale Price
- £491,778
- 10 Year change
- up 19.6%
- Ave. Rental Price
- £2,018pcm
- 10 Year change
- up 59.4%
- Ave. £ per ft²
- £534/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin AL2 1LB
- 1 Perham Way
3 Bed Modern House
- 2 Perham Way
House
- 3 Perham Way
House
- 4 Perham Way
3 Bed Modern House
- 5 Perham Way
House
Sales Market Trends
The last sale in AL2 1LB sold for £380,000 on 21st May 2026. Since then prices are down an average of 0.5%.
The current average value in the postcode is £491,778.
The AL2 1LB Sales Market has increased by 19.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £491,778 |
| June 2025 | 1.1% | £487,517 |
| June 2024 | -1.1% | £482,029 |
| June 2023 | 0.4% | £487,181 |
| June 2022 | 6.8% | £485,095 |
| June 2021 | 7.1% | £454,001 |
| June 2020 | 2.8% | £423,801 |
| June 2019 | -1.8% | £412,214 |
| June 2018 | -1.3% | £419,579 |
| June 2017 | 3.4% | £425,024 |
| June 2016 | 11.4% | £411,086 |
| June 2015 | 12.9% | £369,127 |
| June 2014 | 14% | £326,917 |
| June 2013 | 2.5% | £286,860 |
| June 2012 | 3.3% | £279,942 |
| June 2011 | 0.7% | £270,910 |
| June 2010 | 15.3% | £268,961 |
| June 2009 | -9.6% | £233,352 |
| June 2008 | -0.9% | £258,090 |
| June 2007 | 0% | £260,409 |
Rental Market Trends
The current average rental value in the postcode is £2,018.
The AL2 1LB Rental Market has increased by 59.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.5% | £2,018pcm |
| June 2025 | 6.2% | £1,912pcm |
| June 2024 | 6.6% | £1,801pcm |
| June 2023 | 9.1% | £1,689pcm |
| June 2022 | 11.1% | £1,549pcm |
| June 2021 | 4.3% | £1,394pcm |
| June 2020 | 3% | £1,337pcm |
| June 2019 | -0.9% | £1,298pcm |
| June 2018 | 1.6% | £1,310pcm |
| June 2017 | 1.9% | £1,290pcm |
| June 2016 | 3% | £1,266pcm |
| June 2015 | 6.1% | £1,230pcm |
| June 2014 | 8.3% | £1,159pcm |
| June 2013 | 2.6% | £1,070pcm |
| June 2012 | 2% | £1,043pcm |
| June 2011 | 3.4% | £1,022pcm |
| June 2010 | 7.7% | £988pcm |
| June 2009 | -4.3% | £918pcm |
| June 2008 | 2.5% | £958pcm |
| June 2007 | 0% | £935pcm |
Sales History
The last sale was on 21st May 2026 for £380,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 93 sales since 1995.
AL2 1LB has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold May 2026£380,000 | 2 Bed House32, Perham Way, St. Albans, AL2 1LB32, Perham Way, St. Albans, AL2 1LB
- Sold Jul 2024£417,000 | 3 Bed House30, Perham Way, St. Albans, AL2 1LB30, Perham Way, St. Albans, AL2 1LB
- Sold Dec 2023£665,000 | 3 Bed House51, Perham Way, St. Albans, AL2 1LB51, Perham Way, St. Albans, AL2 1LB
- Sold Nov 2023£645,000 | 3 Bed House43, Perham Way, St. Albans, AL2 1LB43, Perham Way, St. Albans, AL2 1LB
- Sold Jul 2023£391,500 | 3 Bed House35, Perham Way, St. Albans, AL2 1LB35, Perham Way, St. Albans, AL2 1LB
Nearby Postcodes
AL2 1LB is the 682nd largest and the 241st most expensive postcode out of the 691 postcodes in the AL2 area.
- AL2 1LF, Tovey Close, London Colney, St. Albans, AL2AL2 1LF28 Addresses|87 m away
- AL2 1LE, Collingwood Drive, London Colney, St. Albans, AL2AL2 1LE22 Addresses|96 m away
- AL2 1JN, Morris Way, London Colney, St. Albans, AL2AL2 1JN39 Addresses|111 m away
- AL2 1LD, Napier Close, London Colney, St. Albans, AL2AL2 1LD18 Addresses|118 m away
- AL2 1FU, Perham Way, London Colney, St. Albans, AL2AL2 1FU44 Addresses|180 m away
Property Types
- 30 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 19 other addresses of unknown type
- modern house (30)
- mid-century house (1)
- house (2)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The most common rating is C.
- A (1)
- E (1)
- B (1)
- F (0)
- C (16)
- G (0)
- D (12)
- No EPC (21)
Top 3 Most Expensive Sales
- Sold May 2022£2,032,000 | 3 Bed House51, Perham Way, St. Albans, AL2 1LB51, Perham Way, St. Albans, AL2 1LB
- Sold Dec 2023£665,000 | 3 Bed House51, Perham Way, St. Albans, AL2 1LB51, Perham Way, St. Albans, AL2 1LB
- Sold Nov 2023£645,000 | 3 Bed House43, Perham Way, St. Albans, AL2 1LB43, Perham Way, St. Albans, AL2 1LB
Schools Nearby
- London Colney Primary & Nursery School300 m away
- Bowmansgreen Primary School800 m away
- Saint Bernadette Voluntary Catholic Primary Academy1.0 km away
- Nicholas Breakspear Catholic School2.3 km away
- Beaumont School3.2 km away
- Verulam School3.6 km away
More reading links
Public Transport Nearby
The closest station to AL2 1LB is Park Street station, which is 3.3 kilometres away.
- Park Street|3.3 km away
- St Albans City|3.5 km away
- How Wood (Hertfordshire)|3.7 km away
- St Albans Abbey|4.0 km away