AL5 5LY is a residential postcode situated on Milton Road, Harpenden, AL5 with 16 addresses.
It ranks as the 706th largest and 77th 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 16 properties: 16 flats.
AL5 5LY is a residential postcode situated on Milton Road, Harpenden, AL5 with 16 addresses.
It ranks as the 706th largest and 77th 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 16 properties: 16 flats.
Sale prices range from £167,790 for 1 bedroom leasehold flats with a balcony (236 ft2) to £345,278 for 2 bedroom leasehold flats with a balcony (807 ft2) .
Monthly rental prices range from £768 pcm for 1 bed flats to £1,393 pcm for 2 bed flats.
The gross rental yield is between 4.8% and 5.5%.
The average value per square foot is £440.
The last sale in AL5 5LY sold for £311,500 on 28th March 2025. Since then prices are up an average of 1.1%.
The current average value in the postcode is £319,069.
The AL5 5LY Sales Market has increased by 8.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £319,069 |
| April 2025 | 1.5% | £315,949 |
| April 2024 | -2.4% | £311,262 |
| April 2023 | -0.2% | £318,857 |
| April 2022 | 3.7% | £319,523 |
| April 2021 | 2% | £308,141 |
| April 2020 | 4% | £302,046 |
| April 2019 | -2.8% | £290,411 |
| April 2018 | -1.1% | £298,882 |
| April 2017 | 2.5% | £302,245 |
| April 2016 | 8.9% | £294,949 |
| April 2015 | 8.1% | £270,910 |
| April 2014 | 9.2% | £250,665 |
| April 2013 | 1.5% | £229,621 |
| April 2012 | 4.2% | £226,316 |
| April 2011 | 2.4% | £217,143 |
| April 2010 | 14.2% | £211,981 |
| April 2009 | -13.9% | £185,645 |
| April 2008 | 2.7% | £215,733 |
| April 2007 | 0% | £210,116 |
The current average rental value in the postcode is £1,329.
The AL5 5LY Rental Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,329pcm |
| April 2025 | 5.1% | £1,299pcm |
| April 2024 | 8.8% | £1,236pcm |
| April 2023 | 4.5% | £1,136pcm |
| April 2022 | 4.1% | £1,087pcm |
| April 2021 | 2.1% | £1,045pcm |
| April 2020 | 2.6% | £1,023pcm |
| April 2019 | 1.5% | £997pcm |
| April 2018 | -3.8% | £982pcm |
| April 2017 | 1% | £1,021pcm |
| April 2016 | 5.2% | £1,011pcm |
| April 2015 | 4.4% | £961pcm |
| April 2014 | 2.9% | £920pcm |
| April 2013 | 1.3% | £895pcm |
| April 2012 | 1% | £883pcm |
| April 2011 | 3.2% | £874pcm |
| April 2010 | 0.8% | £847pcm |
| April 2009 | -2.6% | £840pcm |
| April 2008 | 1.2% | £862pcm |
| April 2007 | 0% | £851pcm |
The last sale was on 28th March 2025 for £311,500 and since then the market in the area has increased by 1.1%. The postcode has had a total of 29 sales since 1995.
AL5 5LY has seen 2 sales in the last three years and no sales in the last twelve months.
AL5 5LY is the 706th largest and the 77th most expensive postcode out of the 997 postcodes in the AL5 area.
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