Drop Lane - AL2 3TT
Key Postcode Insights
AL2 3TT is a residential postcode situated on Drop Lane, Bricket Wood, St. Albans, AL2 with 3 addresses.
It ranks as the 98th largest and 664th most expensive of the 691 postcodes in the AL2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £1,097,982
- 10 Year change
- up 18.8%
- Ave. Rental Price
- £3,848pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £370/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
AL2 3TT is a residential postcode situated on Drop Lane, Bricket Wood, St. Albans, AL2 with 3 addresses.
It ranks as the 98th largest and 664th most expensive of the 691 postcodes in the AL2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £1,097,982
- 10 Year change
- up 18.8%
- Ave. Rental Price
- £3,848pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £370/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin AL2 3TT
Sales Market Trends
The last sale in AL2 3TT sold for £725,000 on 5th April 2004. Since then prices are down an average of 0.0%.
The current average value in the postcode is £1,097,982.
The AL2 3TT Sales Market has increased by 18.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £1,097,982 |
| June 2025 | 1.1% | £1,096,221 |
| June 2024 | -2.3% | £1,084,310 |
| June 2023 | 0.3% | £1,109,982 |
| June 2022 | 7.7% | £1,106,353 |
| June 2021 | 7.9% | £1,026,865 |
| June 2020 | 4.1% | £951,670 |
| June 2019 | -0.4% | £914,562 |
| June 2018 | -2% | £918,690 |
| June 2017 | 1.5% | £937,710 |
| June 2016 | 10.2% | £924,248 |
| June 2015 | 9.9% | £838,438 |
| June 2014 | 9.2% | £763,127 |
| June 2013 | 1.7% | £698,735 |
| June 2012 | 3.6% | £687,029 |
| June 2011 | 3.3% | £663,000 |
| June 2010 | 16.6% | £641,566 |
| June 2009 | -7.4% | £550,357 |
| June 2008 | -1.3% | £594,302 |
| June 2007 | 0% | £602,085 |
Rental Market Trends
The current average rental value in the postcode is £3,848.
The AL2 3TT Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £3,848pcm |
| June 2025 | 6.2% | £3,692pcm |
| June 2024 | 5.8% | £3,477pcm |
| June 2023 | 8.6% | £3,285pcm |
| June 2022 | 11.9% | £3,025pcm |
| June 2021 | 4.7% | £2,704pcm |
| June 2020 | 3.8% | £2,583pcm |
| June 2019 | 0.4% | £2,489pcm |
| June 2018 | 0.7% | £2,479pcm |
| June 2017 | -0.1% | £2,461pcm |
| June 2016 | 0.5% | £2,464pcm |
| June 2015 | 3.5% | £2,451pcm |
| June 2014 | 4.4% | £2,368pcm |
| June 2013 | 2.4% | £2,269pcm |
| June 2012 | 2.2% | £2,216pcm |
| June 2011 | 6.5% | £2,169pcm |
| June 2010 | 11.8% | £2,037pcm |
| June 2009 | -3.5% | £1,822pcm |
| June 2008 | 2.7% | £1,888pcm |
| June 2007 | 0% | £1,839pcm |
Sales History
The last sale was on 5th April 2004 for £725,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
AL2 3TT has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
AL2 3TT is the 98th largest and the 664th most expensive postcode out of the 691 postcodes in the AL2 area.
- AL2 3FZ, Percy Drive, Bricket Wood, St. Albans, AL2AL2 3FZ10 Addresses|130 m away
- AL2 3FU, Percy Drive, Bricket Wood, St. Albans, AL2AL2 3FU24 Addresses|146 m away
- AL2 3FS, Hastings Close, Bricket Wood, St. Albans, AL2AL2 3FS4 Addresses|208 m away
- AL2 3FQ, Baines Drive, Bricket Wood, St. Albans, AL2AL2 3FQ25 Addresses|212 m away
- AL2 3FW, Redland Way, Bricket Wood, St. Albans, AL2AL2 3FW3 Addresses|218 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 other addresses of unknown type
- period house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (2)
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 School2.0 km away
- How Wood Primary and Nursery School2.1 km away
- Park Street Church of England Voluntary Aided Primary School2.1 km away
- Saint Michael's Catholic High School2.5 km away
- Parmiter's School2.7 km away
- Future Academies Watford2.9 km away
More reading links
Public Transport Nearby
The closest station to AL2 3TT is Bricket Wood station, which is 700 metres away.
- Bricket Wood|700 m away
- How Wood (Hertfordshire)|1.8 km away
- Park Street|2.7 km away
- Garston (Hertfordshire)|2.8 km away
