St Albans house prices hit record high
- Credit: Archant
The average St Albans house price reached a record high of £542,704 in April 2021, according to Land Registry data.
This was an increase of 0.2 per cent on the previous month and 4.9 per cent (or £25,465) on April 2020 figures.
Prices grew considerably during the pandemic, with an average of just £503,209 recorded back in March 2020. By March 2021 this figure had increased by 7.7 per cent to an average of £541,799.
St Albans' four highest ever monthly averages were recorded between January and April this year, with figures increasing each month.
A look back at house prices since records began in 1995 shows the fifth highest monthly average recorded in St Albans was in February 2018 (£535,068).