Postcode District:
AL2
Postcode District Name:
London Colney
Location:
The AL2 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Aldenham West, Ashley, Bricket Wood, Chiswell Green, Colney Street, Cunningham, Frogmore, Hertfordshire, London Colney, Napsbury, Park Street, Potters Crouch, Redbourn, Shenley, Sopwell, St Albans, St Stephen.
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Amenities:
Notes:
If you have any comments about AL2 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about AL2" section.
A Mouseprice property guide for AL2 London Colney is coming soon. In the meantime, please have a look at the raw data and statistics about AL2 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
 The size of the property market in AL2 is 8713 homes.
When compared against a national average compound annual growth rate (CAGR) over the last 5 years of 12.5%, the growth in this postcode district has been 9%. This could well be because this is an area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).
Average property prices in this postcode district over the last three months have been approximately £282624.
Price earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 10.5. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.
New transactions as a percentage of overall sales are 8.7%.
Housing stock:
Semi- Detached Houses make up the most significant portion of the housing stock, representing 33% of the total.
For those buyers keen to purchase Flats, this would not be an ideal area, because only 15.9% are this type.
This is an area with a high proportion of property suitable for families with children.
There is a high proportion of temporary housing in this area at 1.9%.
Socially rented accommodation represents 10.3% of the total rented accommodation in the area.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is higher than the national average of £187894 at £265648.
Who lives here:
Total population in this area is 21201.
The average age in this area is 39.
This area has a high percentage of married people at 27.3%.
Average working hours in this area for men are 42 and for women are 32.
This area has 5.7 people per square kilometre.
Job prospects in this area are good with low unemployment (1.5%). Most jobs are found in the Wholesale & Retail and Construction sectors.
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