AL5 5LP is a residential postcode situated on Milton Road, Harpenden, AL5 with 10 addresses.
It ranks as the 496th largest and 94th most expensive of the 997 postcodes in the AL5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 flats.
AL5 5LP is a residential postcode situated on Milton Road, Harpenden, AL5 with 10 addresses.
It ranks as the 496th largest and 94th most expensive of the 997 postcodes in the AL5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 flats.
Sale prices range from £287,255 for 2 bedroom leasehold flats with a balcony (505 ft2) to £392,084 for 3 bedroom leasehold flats with a balcony (871 ft2) .
Monthly rental prices range from £1,236 pcm for 2 bed flats to £1,492 pcm for 3 bed flats.
The gross rental yield is between 4.6% and 5.2%.
The average value per square foot is £480.
The last sale in AL5 5LP sold for £260,000 on 4th December 2020. Since then prices are up an average of 5.3%.
The current average value in the postcode is £345,851.
The AL5 5LP Sales Market has increased by 6.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £345,851 |
| April 2025 | 1.3% | £345,057 |
| April 2024 | -2.8% | £340,636 |
| April 2023 | -0.1% | £350,385 |
| April 2022 | 4% | £350,754 |
| April 2021 | 2.2% | £337,139 |
| April 2020 | 3.6% | £329,820 |
| April 2019 | -2.4% | £318,250 |
| April 2018 | -1% | £326,022 |
| April 2017 | 1.7% | £329,360 |
| April 2016 | 7.7% | £323,817 |
| April 2015 | 7.1% | £300,709 |
| April 2014 | 9.1% | £280,654 |
| April 2013 | 2.1% | £257,293 |
| April 2012 | 4.9% | £251,979 |
| April 2011 | 3.3% | £240,216 |
| April 2010 | 14.7% | £232,641 |
| April 2009 | -14.2% | £202,801 |
| April 2008 | 1.6% | £236,396 |
| April 2007 | 0% | £232,575 |
The current average rental value in the postcode is £1,372.
The AL5 5LP Rental Market has increased by 29.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £1,372pcm |
| April 2025 | 4.9% | £1,351pcm |
| April 2024 | 8.3% | £1,288pcm |
| April 2023 | 4.6% | £1,188pcm |
| April 2022 | 4.4% | £1,136pcm |
| April 2021 | 2.3% | £1,088pcm |
| April 2020 | 2.3% | £1,064pcm |
| April 2019 | 2% | £1,040pcm |
| April 2018 | -3.7% | £1,020pcm |
| April 2017 | 0.2% | £1,059pcm |
| April 2016 | 4% | £1,057pcm |
| April 2015 | 3.5% | £1,016pcm |
| April 2014 | 2.8% | £981pcm |
| April 2013 | 2% | £954pcm |
| April 2012 | 1.6% | £936pcm |
| April 2011 | 4.1% | £921pcm |
| April 2010 | 1.3% | £885pcm |
| April 2009 | -2.9% | £873pcm |
| April 2008 | 0.2% | £899pcm |
| April 2007 | 0% | £897pcm |
The last sale was on 4th December 2020 for £260,000 and since then the market in the area has increased by 5.3%. The postcode has had a total of 18 sales since 1995.
AL5 5LP has seen no sales in the last three years and no sales in the last twelve months.
AL5 5LP is the 496th largest and the 94th most expensive postcode out of the 997 postcodes in the AL5 area.
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