Wednesday 29 April 2015

The most expensive roads in Harpenden



So, this is something that always creates a fair amount of gossip in the Harpenden coffee shops. Where are the most expensive roads in Harpenden, who lives there, and does your property score anywhere in the top ten? If it does, you should count yourself very lucky as you'll be living in one of the most desirable areas in the county.

It's interesting to note that the variance between the road listed at number 10 and the road in the number one slot comes out at more than the average house price in the town - a leap of more than 312%.

Are people in Harpenden earning more than anyone else? Average earnings in Harpenden are almost 60% higher than the national average of £24,478 settling at £38,999 with a price to earnings ratio of 17.20, so yes they are, but much of these values are stored up equity.

Just for fun, I calculated that the stamp duty on buying the average home on the most expensive roads in Harpenden would set you back £245,981.52 - the same value as the most keenly priced property in Harpenden! (It's on with Frost's - see our earlier post on the cheapest property in town)

Here is the list of the top ten most expensive roads in Harpenden;

1    Park Avenue South          £2,768,596
2    Park Avenue North          £2,621,284
3    Oak Way                          £2,500,708
4    Cross Lane                       £2,451,465
5    Pipers Lane                      £2,300,847
6    West Common Way        £2,271,664
7    Grange Court Road         £2,190,966
8    St Andrews Avenue        £2,132,636
9    Holly Lane                      £2,125,556
10  Wheatfield Avenue         £2,101,769


Data sourced from Mouseprice.co.uk

2 comments:

  1. Unlikely to be any votes for Labour from any of these roads...

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    Replies
    1. I tend to agree John. The election is an interesting topic - there still seems to be a strong Labour camp in St Albans, but the polls show that predominantly the Harpenden and St Albans area is a strong Conservative district.

      The politics this time round is quite interesting and if I were to soothsay my way into May and June I'd be inclined to use the standard Magic 8 Ball response 'Reply hazy, try again later' but one thing is certain, the housing situation is delicate and as far as property in isolation is concerned, a Conservative re-election may the best thing for those with equity at stake, however what is best for some may not be best for all, and therein lies the rub.

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