AL3 8HR is a residential postcode situated on Cowper Rise, Markyate, St. Albans, AL3 with 16 addresses.
It ranks as the 589th largest and 77th most expensive of the 901 postcodes in the AL3 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 16 properties: 14 houses and 2 flats.
AL3 8HR is a residential postcode situated on Cowper Rise, Markyate, St. Albans, AL3 with 16 addresses.
It ranks as the 589th largest and 77th most expensive of the 901 postcodes in the AL3 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 16 properties: 14 houses and 2 flats.
Sale prices range from £239,630 for 2 bedroom freehold houses with a garden (430 ft2) to £328,994 for 3 bedroom freehold houses with a garden (751 ft2) .
Monthly rental prices range from £972 pcm for 2 bed houses to £1,412 pcm for 3 bed houses.
The gross rental yield is between 4.9% and 5.8%.
The average value per square foot is £464.
The last sale in AL3 8HR sold for £285,000 on 14th January 2025. Since then prices are up an average of 1.5%.
The current average value in the postcode is £291,064.
The AL3 8HR Sales Market has increased by 20.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £291,064 |
| April 2025 | 2.3% | £289,558 |
| April 2024 | -1.5% | £283,100 |
| April 2023 | 0.7% | £287,323 |
| April 2022 | 7.8% | £285,463 |
| April 2021 | 3.6% | £264,796 |
| April 2020 | 1.9% | £255,610 |
| April 2019 | -2.4% | £250,762 |
| April 2018 | 0.7% | £256,869 |
| April 2017 | 5.5% | £255,094 |
| April 2016 | 14.3% | £241,867 |
| April 2015 | 13.9% | £211,599 |
| April 2014 | 10.2% | £185,704 |
| April 2013 | 3.1% | £168,508 |
| April 2012 | 2% | £163,458 |
| April 2011 | 1.1% | £160,262 |
| April 2010 | 11.2% | £158,497 |
| April 2009 | -15% | £142,545 |
| April 2008 | 2.4% | £167,726 |
| April 2007 | 0% | £163,870 |
The current average rental value in the postcode is £1,210.
The AL3 8HR Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,210pcm |
| April 2025 | 6.3% | £1,171pcm |
| April 2024 | 8.5% | £1,101pcm |
| April 2023 | 8.9% | £1,015pcm |
| April 2022 | 6.3% | £933pcm |
| April 2021 | 3.6% | £877pcm |
| April 2020 | 1.8% | £846pcm |
| April 2019 | 0.6% | £832pcm |
| April 2018 | -2.2% | £827pcm |
| April 2017 | 3.1% | £845pcm |
| April 2016 | 7.3% | £820pcm |
| April 2015 | 8.3% | £764pcm |
| April 2014 | 7.2% | £705pcm |
| April 2013 | 3.4% | £658pcm |
| April 2012 | 0.4% | £636pcm |
| April 2011 | 3.2% | £634pcm |
| April 2010 | 3.4% | £614pcm |
| April 2009 | -5.4% | £594pcm |
| April 2008 | 2.3% | £628pcm |
| April 2007 | 0% | £614pcm |
The last sale was on 14th January 2025 for £285,000 and since then the market in the area has increased by 1.5%. The postcode has had a total of 46 sales since 1995.
AL3 8HR has seen 4 sales in the last three years and no sales in the last twelve months.
AL3 8HR is the 589th largest and the 77th most expensive postcode out of the 901 postcodes in the AL3 area.
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The closest station to AL3 8HR is Luton station which is 6.1 kilometres away.
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