Drop Lane - AL2 3PH
Key Postcode Insights
AL2 3PH is a residential postcode situated on Drop Lane, Bricket Wood, St. Albans, AL2 with 3 addresses.
It ranks as the 95th largest and 217th most expensive of the 691 postcodes in the AL2 area.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £524,932
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £2,104pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £544/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
AL2 3PH is a residential postcode situated on Drop Lane, Bricket Wood, St. Albans, AL2 with 3 addresses.
It ranks as the 95th largest and 217th most expensive of the 691 postcodes in the AL2 area.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £524,932
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £2,104pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £544/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin AL2 3PH
Sales Market Trends
The last sale in AL2 3PH sold for £500,000 on 9th December 2005. Since then prices are down an average of 0.0%.
The current average value in the postcode is £524,932.
The AL2 3PH Sales Market has increased by 18.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £524,932 |
| June 2025 | 0.9% | £521,500 |
| June 2024 | -1.9% | £516,788 |
| June 2023 | 1% | £526,571 |
| June 2022 | 6.7% | £521,503 |
| June 2021 | 7.7% | £488,691 |
| June 2020 | 3.3% | £453,867 |
| June 2019 | -1.4% | £439,254 |
| June 2018 | -2% | £445,538 |
| June 2017 | 2.7% | £454,551 |
| June 2016 | 12.6% | £442,765 |
| June 2015 | 12.2% | £393,388 |
| June 2014 | 12% | £350,496 |
| June 2013 | 2.2% | £313,039 |
| June 2012 | 3.7% | £306,260 |
| June 2011 | 1.4% | £295,270 |
| June 2010 | 13.5% | £291,286 |
| June 2009 | -8% | £256,729 |
| June 2008 | -1.1% | £279,029 |
| June 2007 | 0% | £282,134 |
Rental Market Trends
The current average rental value in the postcode is £2,104.
The AL2 3PH Rental Market has increased by 55.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £2,104pcm |
| June 2025 | 6% | £2,009pcm |
| June 2024 | 6.3% | £1,895pcm |
| June 2023 | 9.3% | £1,782pcm |
| June 2022 | 10.8% | £1,631pcm |
| June 2021 | 4.4% | £1,472pcm |
| June 2020 | 3.1% | £1,409pcm |
| June 2019 | -0.6% | £1,367pcm |
| June 2018 | 0.8% | £1,375pcm |
| June 2017 | 1.1% | £1,364pcm |
| June 2016 | 2.7% | £1,350pcm |
| June 2015 | 5.7% | £1,315pcm |
| June 2014 | 7% | £1,244pcm |
| June 2013 | 2.9% | £1,162pcm |
| June 2012 | 2.3% | £1,130pcm |
| June 2011 | 4.4% | £1,105pcm |
| June 2010 | 8.8% | £1,058pcm |
| June 2009 | -4.1% | £972pcm |
| June 2008 | 2.9% | £1,014pcm |
| June 2007 | 0% | £985pcm |
Sales History
The last sale was on 9th December 2005 for £500,000 and since then the market in the area has remained stable. The postcode has had a total of 6 sales since 1995.
AL2 3PH has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2005£500,000 | 4 Bed House3 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH3 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH
- Sold Jul 2005£260,000 | 3 Bed House1 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH1 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH
- Sold May 2003£165,000 | 3 Bed House1 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH1 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH
- Sold Jun 2000£190,000 | 3 Bed House2 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH2 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH
- Sold Feb 1999£135,075 | 3 Bed House2 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH2 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH
Nearby Postcodes
AL2 3PH is the 95th largest and the 217th most expensive postcode out of the 691 postcodes in the AL2 area.
- AL2 3PL, Drop Lane, Bricket Wood, St. Albans, AL2AL2 3PL1 Addresses|43 m away
- AL2 3PE, Station Road, Bricket Wood, St. Albans, AL2AL2 3PE4 Addresses|95 m away
- AL2 3PJ, Station Road, Bricket Wood, St. Albans, AL2AL2 3PJ7 Addresses|98 m away
- AL2 3PQ, Station Road, Bricket Wood, St. Albans, AL2AL2 3PQ2 Addresses|108 m away
- AL2 3PF, Station Road, Bricket Wood, St. Albans, AL2AL2 3PF5 Addresses|132 m away
Property Types
- 3 other addresses of unknown type
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Feb 2023£2,400,000 | 5 Bed HouseRiverside Stables, Drop Lane, St. Albans, AL2 3TXRiverside Stables, Drop Lane, St. Albans, AL2 3TX
- Sold Oct 2007£1,090,000 | 5 Bed HousePaddock Lodge, Drop Lane, St. Albans, AL2 3TXPaddock Lodge, Drop Lane, St. Albans, AL2 3TX
- Sold Apr 2004£725,000 | 5 Bed HouseGreen Man Cottage, Drop Lane, St. Albans, AL2 3TTGreen Man Cottage, Drop Lane, St. Albans, AL2 3TT
Schools Nearby
- Mount Pleasant Lane Primary School1.5 km away
- How Wood Primary and Nursery School1.9 km away
- Coates Way JMI and Nursery School1.9 km away
- Saint Michael's Catholic High School2.1 km away
- Parmiter's School2.2 km away
- Future Academies Watford2.5 km away
More reading links
Public Transport Nearby
The closest station to AL2 3PH is Bricket Wood station, which is 100 metres away.
- Bricket Wood|100 m away
- How Wood (Hertfordshire)|1.6 km away
- Park Street|2.5 km away
- Garston (Hertfordshire)|2.7 km away
