EN11 (Hoddesdon) area guide

EN11
Hoddesdon
The EN11 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Broxbourne, Essex, Great Amwell, Hertford Heath, Hertfordshire, Hoddesdon, Hoddesdon North, Hoddesdon Town, Lower Nazeing, Roydon, Rye Park, Stanstead Abbots.
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Notes:

A Mouseprice property guide for EN11 Hoddesdon is coming soon. In the meantime, please have a look at the raw data and statistics about EN11 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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:

Enfield propertyThe size of the property market in EN11 is 8201 homes.

Enfield propertyGiven that the nominal growth rate in this postcode district (EN11) has been about 14.8% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Enfield propertyDuring the last 3 months, property in this postcode district has averaged a value of £203581.

Enfield propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 11.5.

Enfield propertyNew transactions as a percentage of overall sales are 5.3%.

Housing stock:

Hoddesdon propertyThe most commonly found type of housing in this area are Semi- Detached Houses, making up 33.4% of the housing stock.

Hoddesdon propertyFor those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 14.4% are this type.

Hoddesdon propertySocially rented accommodation represents 11.6% of the total rented accommodation in the area.

Hoddesdon propertyThe majority of property in this area is owner occupied.

Hoddesdon propertyThe average price of a two bed property in this area is higher than the national average of £187894 at £197392.

Who lives here:

Hoddesdon propertyHoddesdon propertyThe average age in this area is 37.
Hoddesdon propertyThis area has a high percentage of married people at 28.5%.
Hoddesdon propertyAverage working hours in this area for men are 43 and for women are 31.
Hoddesdon propertyThis area has 15.8 people per square kilometre.
Hoddesdon propertyThe largest source of work in this area is Wholesale & Retail (21.2% of workers), followed by Construction (15.4%).