AL3 8BH is a residential postcode situated on Cheverells Green, Markyate, St. Albans, AL3 with 10 addresses.
It ranks as the 443rd largest and 518th most expensive of the 901 postcodes in the AL3 area.
The postcode contains a total of 10 properties: 9 houses and 1 flat.
AL3 8BH is a residential postcode situated on Cheverells Green, Markyate, St. Albans, AL3 with 10 addresses.
It ranks as the 443rd largest and 518th most expensive of the 901 postcodes in the AL3 area.
The postcode contains a total of 10 properties: 9 houses and 1 flat.
Sale prices range from £381,878 for 3 bedroom Leasehold flats (898 ft2) to £1,470,375 for 5 bedroom freehold houses with a garden (4,779 ft2) .
Monthly rental prices range from £1,460 pcm for 3 bed flats to £5,028 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 5.5%.
The average value per square foot is £507.
The last sale in AL3 8BH sold for £375,000 on 3rd October 2023. Since then prices are up an average of 3.4%.
The current average value in the postcode is £778,544.
The AL3 8BH Sales Market has increased by 22.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £778,544 |
| April 2025 | 3.1% | £772,936 |
| April 2024 | -2.1% | £750,047 |
| April 2023 | 0.7% | £766,317 |
| April 2022 | 8.3% | £761,166 |
| April 2021 | 4.9% | £702,508 |
| April 2020 | 1.8% | £669,672 |
| April 2019 | -1.2% | £657,839 |
| April 2018 | 1.1% | £665,562 |
| April 2017 | 3.5% | £658,590 |
| April 2016 | 10.6% | £636,188 |
| April 2015 | 11.2% | £575,365 |
| April 2014 | 10.4% | £517,645 |
| April 2013 | 5.2% | £469,043 |
| April 2012 | 3.4% | £446,047 |
| April 2011 | 3.3% | £431,567 |
| April 2010 | 14.3% | £417,974 |
| April 2009 | -14.9% | £365,635 |
| April 2008 | 2.7% | £429,695 |
| April 2007 | 0% | £418,250 |
The current average rental value in the postcode is £2,779.
The AL3 8BH Rental Market has increased by 49.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £2,779pcm |
| April 2025 | 7.1% | £2,699pcm |
| April 2024 | 7.1% | £2,521pcm |
| April 2023 | 9.1% | £2,355pcm |
| April 2022 | 7.1% | £2,158pcm |
| April 2021 | 4.6% | £2,015pcm |
| April 2020 | 1.8% | £1,926pcm |
| April 2019 | 1.3% | £1,892pcm |
| April 2018 | -1.2% | £1,868pcm |
| April 2017 | 1.9% | £1,891pcm |
| April 2016 | 4.5% | £1,856pcm |
| April 2015 | 6.5% | £1,776pcm |
| April 2014 | 4.9% | £1,667pcm |
| April 2013 | 5.6% | £1,589pcm |
| April 2012 | 1.6% | £1,504pcm |
| April 2011 | 5% | £1,481pcm |
| April 2010 | 4.3% | £1,411pcm |
| April 2009 | -4.4% | £1,353pcm |
| April 2008 | 1.9% | £1,415pcm |
| April 2007 | 0% | £1,388pcm |
The last sale was on 3rd October 2023 for £375,000 and since then the market in the area has increased by 3.4%. The postcode has had a total of 21 sales since 1995.
AL3 8BH has seen 1 sale in the last three years and no sales in the last twelve months.
AL3 8BH is the 443rd largest and the 518th most expensive postcode out of the 901 postcodes in the AL3 area.
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The closest station to AL3 8BH is Luton Airport Parkway station which is 7.2 kilometres away.
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