Imofolio

North Hertfordshire · report

Past price cycles in North Hertfordshire

Sale prices have fallen by 3% or more 7 times since 1995. The deepest began in October 2007.

Deepest fall
−14.6%
Recovery from the low
53 months

Prices in North Hertfordshire and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • North Hertfordshire
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodNorth HertfordshireUnited Kingdom
Aug 2026610.8534.7
Jul 2026602.1532.9
Jun 2026605.4530.1
May 2026595.8533.1
Apr 2026602.6530.6
Mar 2026594.7526.0
Feb 2026599.5527.6
Jan 2026604.3526.4
Dec 2025605.3524.8
Nov 2025607.0529.6
Oct 2025606.4528.4
Sep 2025603.0527.8
Aug 2025592.7529.8
Jul 2025574.6526.5
Jun 2025566.5522.4
May 2025580.6517.1
Apr 2025592.8509.5
Mar 2025603.8524.8
Feb 2025592.4518.5
Jan 2025597.9518.8
Dec 2024598.8517.0
Nov 2024607.9518.0
Oct 2024602.9519.4
Sep 2024590.3518.4
Aug 2024573.3519.1
Jul 2024563.1514.0
Jun 2024565.2508.3
May 2024569.2506.3
Apr 2024561.9502.2
Mar 2024555.3499.5
Feb 2024550.9498.6
Jan 2024561.2501.2
Dec 2023576.2501.6
Nov 2023585.5505.9
Oct 2023580.4509.4
Sep 2023571.8511.7
Aug 2023570.7514.2
Jul 2023579.4511.4
Jun 2023586.0505.8
May 2023585.8503.9
Apr 2023589.7502.2
Mar 2023584.5501.1
Feb 2023581.1506.8
Jan 2023572.5511.0
Dec 2022574.0515.4
Nov 2022580.1519.5
Oct 2022583.2520.3
Sep 2022581.1520.3
Aug 2022578.9519.2
Jul 2022575.7514.8
Jun 2022574.1505.4
May 2022562.2499.4
Apr 2022561.1493.8
Mar 2022561.4488.0
Feb 2022564.5486.2
Jan 2022557.2485.7
Dec 2021551.0480.1
Nov 2021552.4477.7
Oct 2021552.8468.5
Sep 2021544.7480.5
Aug 2021544.1466.8
Jul 2021534.3453.1
Jun 2021535.1475.4
May 2021527.9451.4
Apr 2021536.0448.4
Mar 2021531.4455.2
Feb 2021530.9448.6
Jan 2021535.3447.3
Dec 2020541.0447.3
Nov 2020541.5443.9
Oct 2020533.1439.4
Sep 2020523.3435.7
Aug 2020519.8431.1
Jul 2020509.3426.9
Jun 2020510.9423.4
May 2020501.5417.6
Apr 2020502.5415.5
Mar 2020507.2419.7
Feb 2020519.1416.0
Jan 2020517.4418.4
Dec 2019511.2418.1
Nov 2019509.0418.7
Oct 2019507.1420.2
Sep 2019507.6421.3
Aug 2019504.8421.0
Jul 2019508.7419.6
Jun 2019509.4415.0
May 2019503.6413.2
Apr 2019501.9412.6
Mar 2019499.4409.7
Feb 2019504.9410.8
Jan 2019514.4411.8
Dec 2018525.4414.4
Nov 2018535.4415.3
Oct 2018535.8417.1
Sep 2018533.4417.5
Aug 2018524.1418.3
Jul 2018525.6417.0
Jun 2018528.3411.9
May 2018532.9409.2
Apr 2018531.3407.5
Mar 2018520.3403.7
Feb 2018520.6406.1
Jan 2018520.6405.0
Dec 2017526.6406.5
Nov 2017523.7404.9
Oct 2017516.3406.0
Sep 2017514.3405.7
Aug 2017510.7407.2
Jul 2017510.8405.4
Jun 2017502.9400.2
May 2017490.1396.8
Apr 2017482.2394.4
Mar 2017483.6388.3
Feb 2017492.9389.1
Jan 2017500.0388.3
Dec 2016501.8388.7
Nov 2016502.7388.0
Oct 2016498.9386.2
Sep 2016498.9387.5
Aug 2016496.5388.1
Jul 2016491.8388.1
Jun 2016487.2384.0
May 2016473.9380.4
Apr 2016470.6376.0
Mar 2016463.7374.6
Feb 2016468.5370.8
Jan 2016467.0370.6
Dec 2015462.5369.6
Nov 2015446.8368.4
Oct 2015444.7365.6
Sep 2015441.8365.1
Aug 2015443.3364.3
Jul 2015429.3361.0
Jun 2015422.3355.0
May 2015414.8352.3
Apr 2015412.2348.5
Mar 2015404.8345.5
Feb 2015405.5344.2
Jan 2015403.0343.9
Dec 2014407.1345.7
Nov 2014405.8344.9
Oct 2014398.7346.1
Sep 2014390.0346.6
Aug 2014381.6346.2
Jul 2014384.3342.2
Jun 2014382.1337.5
May 2014382.1334.6
Apr 2014374.1331.1
Mar 2014367.5323.9
Feb 2014363.1322.7
Jan 2014361.4321.4
Dec 2013362.1321.0
Nov 2013356.5318.1
Oct 2013353.5316.4
Sep 2013344.2317.7
Aug 2013341.1317.4
Jul 2013338.9314.9
Jun 2013336.8311.4
May 2013336.1308.9
Apr 2013337.3307.3
Mar 2013341.3304.3
Feb 2013341.8302.5
Jan 2013339.9302.5
Dec 2012338.9304.6
Nov 2012340.7305.3
Oct 2012343.6305.0
Sep 2012343.0307.2
Aug 2012338.4308.3
Jul 2012335.3307.9
Jun 2012333.1306.7
May 2012339.0303.8
Apr 2012337.5302.8
Mar 2012344.3299.3
Feb 2012340.7298.5
Jan 2012335.8299.3
Dec 2011332.0301.3
Nov 2011330.4302.6
Oct 2011332.3302.5
Sep 2011328.3305.8
Aug 2011324.2306.6
Jul 2011326.8306.4
Jun 2011331.0302.6
May 2011334.8302.1
Apr 2011329.9303.4
Mar 2011329.4298.8
Feb 2011332.6300.2
Jan 2011336.2301.8
Dec 2010336.5304.3
Nov 2010336.0304.9
Oct 2010335.9308.5
Sep 2010333.5312.0
Aug 2010331.1312.8
Jul 2010334.9312.8
Jun 2010337.6309.7
May 2010336.5308.2
Apr 2010331.9306.7
Mar 2010331.5302.8
Feb 2010323.5302.8
Jan 2010320.1302.1
Dec 2009312.0303.2
Nov 2009314.3301.2
Oct 2009310.7300.2
Sep 2009310.3298.2
Aug 2009307.2295.9
Jul 2009303.2293.0
Jun 2009299.3287.8
May 2009296.7285.0
Apr 2009297.1281.1
Mar 2009298.9278.6
Feb 2009308.2280.3
Jan 2009308.1283.6
Dec 2008314.1290.3
Nov 2008309.3294.8
Oct 2008316.5303.4
Sep 2008321.8309.6
Aug 2008332.5317.6
Jul 2008340.4324.4
Jun 2008343.2328.0
May 2008338.9332.4
Apr 2008339.6330.4
Mar 2008341.0329.8
Feb 2008347.2332.2
Jan 2008346.4335.1
Dec 2007347.2341.3
Nov 2007346.9341.8
Oct 2007347.3342.0
Sep 2007340.0342.8
Aug 2007339.6342.3
Jul 2007336.5340.4
Jun 2007341.2336.1
May 2007335.1332.5
Apr 2007335.8328.7
Mar 2007332.1322.2
Feb 2007331.3319.8
Jan 2007329.5318.8
Dec 2006326.8319.0
Nov 2006328.1315.0
Oct 2006327.3313.4
Sep 2006328.3311.6
Aug 2006323.2310.3
Jul 2006318.7307.7
Jun 2006313.3303.4
May 2006308.3300.5
Apr 2006303.7297.7
Mar 2006302.1291.4
Feb 2006300.9289.0
Jan 2006301.1288.6
Dec 2005297.3289.0
Nov 2005300.2287.4
Oct 2005297.9286.6
Sep 2005297.1287.1
Aug 2005298.7287.6
Jul 2005298.8286.4
Jun 2005298.6282.8
May 2005294.8280.6
Apr 2005295.7277.6
Mar 2005292.8273.7
Feb 2005288.2271.5
Jan 2005288.4271.7
Dec 2004293.3271.9
Nov 2004294.7273.9
Oct 2004293.2274.3
Sep 2004289.1272.3
Aug 2004289.2272.8
Jul 2004286.2269.7
Jun 2004281.9264.1
May 2004278.5259.5
Apr 2004275.2256.4
Mar 2004273.0245.3
Feb 2004270.2244.7
Jan 2004265.0247.1
Dec 2003264.2245.6
Nov 2003261.1240.9
Oct 2003259.2243.6
Sep 2003256.8239.4
Aug 2003258.7240.2
Jul 2003257.9236.0
Jun 2003256.2231.9
May 2003250.2231.4
Apr 2003249.7233.0
Mar 2003245.8227.6
Feb 2003240.6222.8
Jan 2003234.9225.2
Dec 2002230.2226.8
Nov 2002227.9219.5
Oct 2002227.7217.3
Sep 2002223.9215.7
Aug 2002220.7210.6
Jul 2002212.9206.0
Jun 2002209.4204.4
May 2002202.4196.4
Apr 2002196.6191.4
Mar 2002192.1188.9
Feb 2002192.2182.5
Jan 2002192.4176.1
Dec 2001189.9176.7
Nov 2001190.2176.7
Oct 2001190.3176.7
Sep 2001191.9180.3
Aug 2001187.9180.3
Jul 2001184.5180.3
Jun 2001179.8174.1
May 2001176.3174.1
Apr 2001172.4174.1
Mar 2001172.4168.0
Feb 2001169.9168.0
Jan 2001168.3168.0
Dec 2000165.5168.9
Nov 2000166.7168.9
Oct 2000166.4168.9
Sep 2000166.7164.0
Aug 2000164.1164.0
Jul 2000164.7164.0
Jun 2000161.8161.0
May 2000159.9161.0
Apr 2000153.8161.0
Mar 2000153.5152.6
Feb 2000153.2152.6
Jan 2000152.1152.6
Dec 1999146.7148.8
Nov 1999143.1148.8
Oct 1999141.6148.8
Sep 1999141.9145.1
Aug 1999139.2145.1
Jul 1999136.9145.1
Jun 1999132.8137.1
May 1999129.4137.1
Apr 1999126.5137.1
Mar 1999125.9131.5
Feb 1999127.9131.5
Jan 1999131.9131.5
Dec 1998134.1130.7
Nov 1998135.3130.7
Oct 1998132.8130.7
Sep 1998131.2131.3
Aug 1998129.5131.3
Jul 1998128.3131.3
Jun 1998124.4125.8
May 1998121.9125.8
Apr 1998119.8125.8
Mar 1998120.2119.5
Feb 1998120.7119.5
Jan 1998119.6119.5
Dec 1997118.1116.5
Nov 1997115.0116.5
Oct 1997115.3116.5
Sep 1997113.4117.4
Aug 1997111.6117.4
Jul 1997107.2117.4
Jun 1997104.0111.7
May 1997101.6111.7
Apr 1997101.0111.7
Mar 1997101.1109.5
Feb 1997100.8109.5
Jan 1997100.1109.5
Dec 199699.5108.0
Nov 199699.6108.0
Oct 1996100.7108.0
Sep 1996100.9106.2
Aug 1996100.1106.2
Jul 199697.0106.2
Jun 199696.7102.2
May 199695.8102.2
Apr 199694.9102.2
Mar 199693.9102.1
Feb 199693.6102.1
Jan 199694.9102.1
Dec 199594.7100.6
Nov 199597.8100.6
Oct 199597.1100.6
Sep 199598.9102.0
Aug 199596.5102.0
Jul 199599.0102.0
Jun 199598.1101.1
May 199598.0101.1
Apr 199597.2101.1
Mar 199597.7100.0
Feb 199598.9100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
January 1995February 1996−6.4%136
November 1998March 1999−7.0%44
October 2007May 2009−14.6%1953
November 2016April 2017−4.1%52
October 2018March 2019−6.8%520
April 2023February 2024−6.6%107
November 2024June 2025−6.8%714

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for North Hertfordshire

Sale prices have an 80% chance of landing between £398,747 and £476,940 by August 2027.

Expected, August 2027
£437,843
Chance of a rise
69%

At the average sale price, a home costs £422,835. With 10% down and a 30-year mortgage, the payment is £1,951 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
24%
Payment, one income
48%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,445
Owning per month
£1,991

50.7% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
100
Per 1,000 residents
0.7

Figures for United Kingdom: North Hertfordshire has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 539 while 240 homes were finished: 2.2 new residents for every new home.

New residents per new home, 2025
2.2
Population change, 2025
+539

3.3% of the 58,749 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
3.3%
Empty homes
1,945

In 2025, 8% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
8%