Imofolio

East Hertfordshire · report

Past price cycles in East Hertfordshire

Sale prices have fallen by 3% or more 8 times since 1995. The deepest began in December 2007.

Deepest fall
−17.8%
Recovery from the low
57 months

Prices in East Hertfordshire and the UK, indexed

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

  • East Hertfordshire
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodEast HertfordshireUnited Kingdom
Aug 2026587.7534.7
Jul 2026589.0532.9
Jun 2026592.7530.1
May 2026590.4533.1
Apr 2026585.5530.6
Mar 2026580.6526.0
Feb 2026580.0527.6
Jan 2026583.1526.4
Dec 2025579.7524.8
Nov 2025577.9529.6
Oct 2025580.6528.4
Sep 2025579.5527.8
Aug 2025576.9529.8
Jul 2025568.7526.5
Jun 2025571.2522.4
May 2025569.4517.1
Apr 2025562.6509.5
Mar 2025560.0524.8
Feb 2025554.7518.5
Jan 2025559.0518.8
Dec 2024558.6517.0
Nov 2024569.0518.0
Oct 2024576.2519.4
Sep 2024573.0518.4
Aug 2024557.8519.1
Jul 2024547.8514.0
Jun 2024544.2508.3
May 2024540.3506.3
Apr 2024539.0502.2
Mar 2024545.8499.5
Feb 2024554.6498.6
Jan 2024555.5501.2
Dec 2023550.9501.6
Nov 2023554.4505.9
Oct 2023563.5509.4
Sep 2023562.8511.7
Aug 2023557.7514.2
Jul 2023548.4511.4
Jun 2023543.4505.8
May 2023551.9503.9
Apr 2023557.3502.2
Mar 2023573.0501.1
Feb 2023568.3506.8
Jan 2023566.3511.0
Dec 2022565.2515.4
Nov 2022568.1519.5
Oct 2022570.0520.3
Sep 2022568.9520.3
Aug 2022564.5519.2
Jul 2022565.0514.8
Jun 2022557.2505.4
May 2022556.0499.4
Apr 2022551.8493.8
Mar 2022554.6488.0
Feb 2022549.8486.2
Jan 2022548.1485.7
Dec 2021533.1480.1
Nov 2021536.1477.7
Oct 2021524.0468.5
Sep 2021526.2480.5
Aug 2021525.4466.8
Jul 2021525.5453.1
Jun 2021522.6475.4
May 2021517.4451.4
Apr 2021522.9448.4
Mar 2021525.4455.2
Feb 2021526.3448.6
Jan 2021528.8447.3
Dec 2020529.7447.3
Nov 2020528.6443.9
Oct 2020528.8439.4
Sep 2020530.1435.7
Aug 2020526.7431.1
Jul 2020523.2426.9
Jun 2020513.2423.4
May 2020515.2417.6
Apr 2020510.0415.5
Mar 2020510.8419.7
Feb 2020508.9416.0
Jan 2020506.9418.4
Dec 2019509.3418.1
Nov 2019509.3418.7
Oct 2019510.0420.2
Sep 2019511.4421.3
Aug 2019506.9421.0
Jul 2019508.7419.6
Jun 2019511.2415.0
May 2019516.6413.2
Apr 2019513.0412.6
Mar 2019502.3409.7
Feb 2019505.8410.8
Jan 2019515.1411.8
Dec 2018519.0414.4
Nov 2018513.8415.3
Oct 2018511.3417.1
Sep 2018523.9417.5
Aug 2018528.9418.3
Jul 2018523.3417.0
Jun 2018517.2411.9
May 2018513.5409.2
Apr 2018519.7407.5
Mar 2018521.1403.7
Feb 2018520.5406.1
Jan 2018512.9405.0
Dec 2017506.4406.5
Nov 2017505.6404.9
Oct 2017515.1406.0
Sep 2017523.2405.7
Aug 2017523.7407.2
Jul 2017521.4405.4
Jun 2017517.4400.2
May 2017518.3396.8
Apr 2017510.0394.4
Mar 2017502.5388.3
Feb 2017494.7389.1
Jan 2017492.2388.3
Dec 2016498.1388.7
Nov 2016506.9388.0
Oct 2016499.8386.2
Sep 2016493.9387.5
Aug 2016485.4388.1
Jul 2016492.8388.1
Jun 2016489.4384.0
May 2016481.5380.4
Apr 2016470.9376.0
Mar 2016461.0374.6
Feb 2016455.2370.8
Jan 2016457.4370.6
Dec 2015458.0369.6
Nov 2015455.8368.4
Oct 2015444.2365.6
Sep 2015438.6365.1
Aug 2015437.7364.3
Jul 2015432.1361.0
Jun 2015426.5355.0
May 2015415.0352.3
Apr 2015415.1348.5
Mar 2015413.5345.5
Feb 2015414.0344.2
Jan 2015409.5343.9
Dec 2014407.3345.7
Nov 2014405.9344.9
Oct 2014407.3346.1
Sep 2014401.5346.6
Aug 2014397.8346.2
Jul 2014392.9342.2
Jun 2014387.9337.5
May 2014382.9334.6
Apr 2014380.9331.1
Mar 2014379.8323.9
Feb 2014379.6322.7
Jan 2014371.1321.4
Dec 2013366.1321.0
Nov 2013353.5318.1
Oct 2013351.1316.4
Sep 2013352.0317.7
Aug 2013352.5317.4
Jul 2013350.0314.9
Jun 2013345.5311.4
May 2013346.9308.9
Apr 2013347.9307.3
Mar 2013349.6304.3
Feb 2013350.0302.5
Jan 2013353.9302.5
Dec 2012352.1304.6
Nov 2012356.6305.3
Oct 2012346.1305.0
Sep 2012345.2307.2
Aug 2012338.7308.3
Jul 2012337.7307.9
Jun 2012339.4306.7
May 2012338.5303.8
Apr 2012342.0302.8
Mar 2012339.8299.3
Feb 2012338.5298.5
Jan 2012336.1299.3
Dec 2011332.5301.3
Nov 2011333.5302.6
Oct 2011337.3302.5
Sep 2011342.7305.8
Aug 2011345.2306.6
Jul 2011343.8306.4
Jun 2011347.6302.6
May 2011346.1302.1
Apr 2011342.7303.4
Mar 2011336.1298.8
Feb 2011331.0300.2
Jan 2011330.6301.8
Dec 2010326.1304.3
Nov 2010331.6304.9
Oct 2010334.6308.5
Sep 2010342.2312.0
Aug 2010338.3312.8
Jul 2010337.3312.8
Jun 2010335.8309.7
May 2010335.0308.2
Apr 2010332.7306.7
Mar 2010328.7302.8
Feb 2010332.6302.8
Jan 2010334.6302.1
Dec 2009332.4303.2
Nov 2009327.3301.2
Oct 2009321.9300.2
Sep 2009317.0298.2
Aug 2009312.7295.9
Jul 2009314.0293.0
Jun 2009311.6287.8
May 2009304.0285.0
Apr 2009301.3281.1
Mar 2009304.2278.6
Feb 2009304.6280.3
Jan 2009302.3283.6
Dec 2008305.4290.3
Nov 2008316.3294.8
Oct 2008332.1303.4
Sep 2008340.9309.6
Aug 2008349.0317.6
Jul 2008348.6324.4
Jun 2008346.8328.0
May 2008350.9332.4
Apr 2008349.5330.4
Mar 2008352.9329.8
Feb 2008356.9332.2
Jan 2008364.9335.1
Dec 2007366.5341.3
Nov 2007360.8341.8
Oct 2007351.3342.0
Sep 2007349.8342.8
Aug 2007346.6342.3
Jul 2007345.8340.4
Jun 2007340.4336.1
May 2007340.9332.5
Apr 2007340.4328.7
Mar 2007339.0322.2
Feb 2007332.9319.8
Jan 2007330.4318.8
Dec 2006326.9319.0
Nov 2006328.9315.0
Oct 2006326.3313.4
Sep 2006325.7311.6
Aug 2006317.8310.3
Jul 2006313.2307.7
Jun 2006303.7303.4
May 2006303.4300.5
Apr 2006299.5297.7
Mar 2006303.3291.4
Feb 2006304.8289.0
Jan 2006306.7288.6
Dec 2005304.8289.0
Nov 2005306.9287.4
Oct 2005311.3286.6
Sep 2005310.7287.1
Aug 2005307.4287.6
Jul 2005299.2286.4
Jun 2005297.2282.8
May 2005288.7280.6
Apr 2005288.3277.6
Mar 2005294.4273.7
Feb 2005293.3271.5
Jan 2005299.8271.7
Dec 2004299.2271.9
Nov 2004305.9273.9
Oct 2004304.4274.3
Sep 2004297.5272.3
Aug 2004301.5272.8
Jul 2004292.4269.7
Jun 2004296.1264.1
May 2004288.5259.5
Apr 2004289.2256.4
Mar 2004284.1245.3
Feb 2004279.7244.7
Jan 2004277.8247.1
Dec 2003272.8245.6
Nov 2003270.9240.9
Oct 2003270.6243.6
Sep 2003270.2239.4
Aug 2003268.9240.2
Jul 2003266.3236.0
Jun 2003271.1231.9
May 2003272.2231.4
Apr 2003271.3233.0
Mar 2003266.0227.6
Feb 2003260.8222.8
Jan 2003259.7225.2
Dec 2002250.7226.8
Nov 2002248.7219.5
Oct 2002241.7217.3
Sep 2002244.6215.7
Aug 2002240.5210.6
Jul 2002237.4206.0
Jun 2002231.9204.4
May 2002226.3196.4
Apr 2002219.4191.4
Mar 2002216.9188.9
Feb 2002211.6182.5
Jan 2002210.3176.1
Dec 2001206.7176.7
Nov 2001207.7176.7
Oct 2001207.0176.7
Sep 2001203.4180.3
Aug 2001202.8180.3
Jul 2001200.5180.3
Jun 2001195.9174.1
May 2001194.3174.1
Apr 2001191.1174.1
Mar 2001192.6168.0
Feb 2001189.7168.0
Jan 2001187.8168.0
Dec 2000180.9168.9
Nov 2000179.8168.9
Oct 2000180.1168.9
Sep 2000182.1164.0
Aug 2000179.9164.0
Jul 2000178.6164.0
Jun 2000176.4161.0
May 2000172.1161.0
Apr 2000166.6161.0
Mar 2000162.5152.6
Feb 2000161.1152.6
Jan 2000163.0152.6
Dec 1999161.8148.8
Nov 1999161.4148.8
Oct 1999154.6148.8
Sep 1999152.4145.1
Aug 1999147.3145.1
Jul 1999145.8145.1
Jun 1999141.6137.1
May 1999138.5137.1
Apr 1999138.4137.1
Mar 1999140.0131.5
Feb 1999137.6131.5
Jan 1999136.5131.5
Dec 1998135.5130.7
Nov 1998138.4130.7
Oct 1998139.1130.7
Sep 1998137.6131.3
Aug 1998135.5131.3
Jul 1998133.2131.3
Jun 1998132.2125.8
May 1998131.4125.8
Apr 1998126.8125.8
Mar 1998125.8119.5
Feb 1998123.3119.5
Jan 1998125.0119.5
Dec 1997124.9116.5
Nov 1997124.2116.5
Oct 1997123.0116.5
Sep 1997119.8117.4
Aug 1997118.1117.4
Jul 1997114.6117.4
Jun 1997111.7111.7
May 1997110.4111.7
Apr 1997109.0111.7
Mar 1997110.1109.5
Feb 1997108.5109.5
Jan 1997106.8109.5
Dec 1996104.7108.0
Nov 1996105.2108.0
Oct 1996105.6108.0
Sep 1996104.7106.2
Aug 1996102.9106.2
Jul 1996103.2106.2
Jun 1996102.9102.2
May 1996101.1102.2
Apr 1996101.0102.2
Mar 199699.3102.1
Feb 199699.1102.1
Jan 199697.8102.1
Dec 199597.8100.6
Nov 199598.5100.6
Oct 199598.8100.6
Sep 199599.9102.0
Aug 199599.5102.0
Jul 1995100.2102.0
Jun 199599.7101.1
May 1995100.3101.1
Apr 1995100.9101.1
Mar 1995101.3100.0
Feb 1995102.2100.0
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
February 1995December 1995−4.4%106
November 2004April 2005−5.7%54
October 2005April 2006−3.8%63
December 2007April 2009−17.8%1657
August 2017November 2017−3.5%39
August 2018March 2019−5.0%718
March 2023April 2024−5.9%135
October 2024February 2025−3.7%46

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 East Hertfordshire

Sale prices have an 80% chance of landing between £441,224 and £494,382 by August 2027.

Expected, August 2027
£467,803
Chance of a rise
72%

At the average sale price, a home costs £455,973. With 10% down and a 30-year mortgage, the payment is £2,104 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
£1,550
Owning per month
£2,147

32.8% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
500
Per 1,000 residents
3.2

Figures for United Kingdom: East 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 1,276 while 790 homes were finished: 1.6 new residents for every new home.

New residents per new home, 2025
1.6
Population change, 2025
+1,276

3.9% of the 64,693 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
3.9%
Empty homes
2,545

In 2025, 4% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
4%