Key Street Insights
Drop Lane is a residential street with 11 addresses.
It ranks as the 107th largest and 295th most expensive of the 314 streets in the AL2 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £1,068,248
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £3,733pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £437/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Street Insights
Drop Lane is a residential street with 11 addresses.
It ranks as the 107th largest and 295th most expensive of the 314 streets in the AL2 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £1,068,248
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £3,733pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £437/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertieson Drop Lane, Bricket Wood, St. Albans, AL2
Sales Market Trends
The last sale on Drop Lane sold for £2,400,000 on 28th February 2023. Since then prices are down an average of 1.1%.
The current average value in the street is £1,068,248.
The Drop Lane Sales Market has increased by 18.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £1,068,248 |
| June 2025 | 1% | £1,062,995 |
| June 2024 | -2% | £1,052,749 |
| June 2023 | 0.8% | £1,074,322 |
| June 2022 | 7.1% | £1,066,236 |
| June 2021 | 7.7% | £995,994 |
| June 2020 | 3.6% | £924,374 |
| June 2019 | -1.1% | £892,547 |
| June 2018 | -2% | £902,455 |
| June 2017 | 2.3% | £920,850 |
| June 2016 | 11.8% | £900,440 |
| June 2015 | 11.4% | £805,538 |
| June 2014 | 11% | £722,854 |
| June 2013 | 2% | £651,086 |
| June 2012 | 3.7% | £638,081 |
| June 2011 | 2% | £615,383 |
| June 2010 | 14.5% | £603,091 |
| June 2009 | -7.8% | £526,719 |
| June 2008 | -1.2% | £571,238 |
| June 2007 | 0% | £577,968 |
Rental Market Trends
The current average rental value in the street is £3,733.
The Drop Lane Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £3,733pcm |
| June 2025 | 6.1% | £3,570pcm |
| June 2024 | 6.2% | £3,366pcm |
| June 2023 | 9.1% | £3,170pcm |
| June 2022 | 11.2% | £2,907pcm |
| June 2021 | 4.5% | £2,615pcm |
| June 2020 | 3.3% | £2,502pcm |
| June 2019 | -0.3% | £2,422pcm |
| June 2018 | 0.8% | £2,428pcm |
| June 2017 | 0.7% | £2,409pcm |
| June 2016 | 1.9% | £2,393pcm |
| June 2015 | 5% | £2,348pcm |
| June 2014 | 6.1% | £2,236pcm |
| June 2013 | 2.7% | £2,108pcm |
| June 2012 | 2.2% | £2,052pcm |
| June 2011 | 5.1% | £2,007pcm |
| June 2010 | 9.8% | £1,909pcm |
| June 2009 | -3.9% | £1,739pcm |
| June 2008 | 2.8% | £1,809pcm |
| June 2007 | 0% | £1,760pcm |
Sales History
The last sale was on 28th February 2023 for £2,400,000 and since then the market in the area has decreased by 1.1%. The street has had a total of 12 sales since 1995.
Drop Lane, Bricket Wood, St. Albans, AL2 has seen 1 sale in the last three years and no sales in the last twelve months.
- 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 Jul 2007£375,000 | 5 Bed HousePaddock Lodge, Drop Lane, St. Albans, AL2 3TXPaddock Lodge, Drop Lane, St. Albans, AL2 3TX
- Sold Dec 2005£500,000 | 4 Bed House3 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH3 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH
- Sold Jul 2005£260,000 | 3 Bed House1 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH1 Hanstead Cottages, Drop Lane, St. Albans, AL2 3PH
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
Nearby Streets
Drop Lane, Bricket Wood, St. Albans, AL2 is the 107th largest and the 295th most expensive street in the AL2 area.
- Redland Way, Bricket Wood, St. Albans, AL231 Addresses|52 m away
- Ridout End, Bricket Wood, St. Albans, AL25 Addresses|166 m away
- Hastings Close, Bricket Wood, St. Albans, AL24 Addresses|194 m away
- Percy Drive, Bricket Wood, St. Albans, AL234 Addresses|218 m away
- Martins Close, Bricket Wood, St. Albans, AL24 Addresses|220 m away
- Baines Drive, Bricket Wood, St. Albans, AL225 Addresses|251 m away
Sections of this street
There are 4 postcodes on Drop Lane, Bricket Wood, St. Albans, AL2.
- House prices in AL2 3PH3 Addresses
- House prices in AL2 3TX4 Addresses
- House prices in AL2 3PL1 Addresses
- House prices in AL2 3TT3 Addresses
Property Types
- 2 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 7 other addresses of unknown type
- period house (2)
- modern house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (2)
- C (0)
- G (0)
- D (2)
- No EPC (7)
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 Drop Lane, Bricket Wood, St. Albans, AL2 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