Imofolio

Hertsmere · report

Past price cycles in Hertsmere

Sale prices have fallen by 3% or more 7 times since 1995. The deepest began in November 2007.

Deepest fall
−20.0%
Recovery from the low
40 months

Prices in Hertsmere and the UK, indexed

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

  • Hertsmere
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodHertsmereUnited Kingdom
Aug 2026667.2534.7
Jul 2026666.4532.9
Jun 2026680.3530.1
May 2026673.7533.1
Apr 2026669.4530.6
Mar 2026670.3526.0
Feb 2026674.7527.6
Jan 2026665.1526.4
Dec 2025657.7524.8
Nov 2025648.7529.6
Oct 2025658.7528.4
Sep 2025650.4527.8
Aug 2025657.4529.8
Jul 2025653.6526.5
Jun 2025659.2522.4
May 2025660.1517.1
Apr 2025665.7509.5
Mar 2025664.0524.8
Feb 2025656.7518.5
Jan 2025654.3518.8
Dec 2024653.8517.0
Nov 2024652.0518.0
Oct 2024655.9519.4
Sep 2024649.1518.4
Aug 2024650.5519.1
Jul 2024636.7514.0
Jun 2024652.3508.3
May 2024651.7506.3
Apr 2024640.6502.2
Mar 2024646.6499.5
Feb 2024643.3498.6
Jan 2024668.1501.2
Dec 2023648.7501.6
Nov 2023666.2505.9
Oct 2023660.3509.4
Sep 2023668.4511.7
Aug 2023660.7514.2
Jul 2023657.6511.4
Jun 2023665.0505.8
May 2023681.1503.9
Apr 2023689.3502.2
Mar 2023686.2501.1
Feb 2023676.2506.8
Jan 2023685.8511.0
Dec 2022689.8515.4
Nov 2022700.3519.5
Oct 2022707.0520.3
Sep 2022704.4520.3
Aug 2022687.7519.2
Jul 2022671.5514.8
Jun 2022659.1505.4
May 2022662.4499.4
Apr 2022656.4493.8
Mar 2022664.8488.0
Feb 2022651.2486.2
Jan 2022663.1485.7
Dec 2021657.6480.1
Nov 2021669.8477.7
Oct 2021660.5468.5
Sep 2021664.4480.5
Aug 2021653.5466.8
Jul 2021645.5453.1
Jun 2021634.8475.4
May 2021629.4451.4
Apr 2021629.7448.4
Mar 2021628.9455.2
Feb 2021623.0448.6
Jan 2021619.3447.3
Dec 2020624.7447.3
Nov 2020623.0443.9
Oct 2020618.8439.4
Sep 2020603.4435.7
Aug 2020613.6431.1
Jul 2020609.4426.9
Jun 2020615.9423.4
May 2020603.2417.6
Apr 2020599.3415.5
Mar 2020591.9419.7
Feb 2020592.6416.0
Jan 2020593.9418.4
Dec 2019593.1418.1
Nov 2019595.2418.7
Oct 2019602.1420.2
Sep 2019607.5421.3
Aug 2019612.4421.0
Jul 2019609.7419.6
Jun 2019605.5415.0
May 2019598.3413.2
Apr 2019602.2412.6
Mar 2019605.9409.7
Feb 2019607.8410.8
Jan 2019597.8411.8
Dec 2018598.3414.4
Nov 2018598.6415.3
Oct 2018606.9417.1
Sep 2018613.0417.5
Aug 2018616.3418.3
Jul 2018607.2417.0
Jun 2018607.4411.9
May 2018602.1409.2
Apr 2018607.3407.5
Mar 2018606.0403.7
Feb 2018610.7406.1
Jan 2018622.2405.0
Dec 2017614.0406.5
Nov 2017617.8404.9
Oct 2017612.6406.0
Sep 2017614.8405.7
Aug 2017606.4407.2
Jul 2017601.9405.4
Jun 2017601.8400.2
May 2017601.8396.8
Apr 2017591.9394.4
Mar 2017581.6388.3
Feb 2017585.0389.1
Jan 2017603.0388.3
Dec 2016613.7388.7
Nov 2016605.7388.0
Oct 2016593.5386.2
Sep 2016596.7387.5
Aug 2016601.9388.1
Jul 2016607.9388.1
Jun 2016585.7384.0
May 2016580.0380.4
Apr 2016565.5376.0
Mar 2016576.9374.6
Feb 2016571.4370.8
Jan 2016566.1370.6
Dec 2015551.7369.6
Nov 2015540.8368.4
Oct 2015532.6365.6
Sep 2015527.1365.1
Aug 2015521.1364.3
Jul 2015512.1361.0
Jun 2015501.6355.0
May 2015500.1352.3
Apr 2015499.7348.5
Mar 2015502.5345.5
Feb 2015497.3344.2
Jan 2015492.4343.9
Dec 2014490.0345.7
Nov 2014489.1344.9
Oct 2014492.5346.1
Sep 2014489.1346.6
Aug 2014480.0346.2
Jul 2014466.1342.2
Jun 2014457.8337.5
May 2014452.4334.6
Apr 2014446.7331.1
Mar 2014436.9323.9
Feb 2014431.2322.7
Jan 2014429.5321.4
Dec 2013421.8321.0
Nov 2013419.8318.1
Oct 2013415.5316.4
Sep 2013424.1317.7
Aug 2013426.1317.4
Jul 2013422.4314.9
Jun 2013411.4311.4
May 2013402.1308.9
Apr 2013395.6307.3
Mar 2013390.9304.3
Feb 2013383.9302.5
Jan 2013381.5302.5
Dec 2012378.8304.6
Nov 2012386.0305.3
Oct 2012391.3305.0
Sep 2012403.2307.2
Aug 2012397.4308.3
Jul 2012391.9307.9
Jun 2012378.5306.7
May 2012381.2303.8
Apr 2012392.4302.8
Mar 2012392.4299.3
Feb 2012380.0298.5
Jan 2012371.9299.3
Dec 2011378.0301.3
Nov 2011389.1302.6
Oct 2011390.0302.5
Sep 2011389.6305.8
Aug 2011386.7306.6
Jul 2011381.3306.4
Jun 2011369.8302.6
May 2011365.8302.1
Apr 2011366.0303.4
Mar 2011376.9298.8
Feb 2011381.6300.2
Jan 2011382.5301.8
Dec 2010377.4304.3
Nov 2010380.1304.9
Oct 2010377.7308.5
Sep 2010383.4312.0
Aug 2010375.2312.8
Jul 2010379.8312.8
Jun 2010370.2309.7
May 2010367.9308.2
Apr 2010361.8306.7
Mar 2010360.5302.8
Feb 2010356.3302.8
Jan 2010354.2302.1
Dec 2009359.6303.2
Nov 2009359.8301.2
Oct 2009354.4300.2
Sep 2009345.2298.2
Aug 2009341.1295.9
Jul 2009336.8293.0
Jun 2009328.9287.8
May 2009319.6285.0
Apr 2009315.4281.1
Mar 2009321.9278.6
Feb 2009329.0280.3
Jan 2009341.8283.6
Dec 2008338.4290.3
Nov 2008347.9294.8
Oct 2008353.3303.4
Sep 2008367.9309.6
Aug 2008375.0317.6
Jul 2008377.5324.4
Jun 2008379.5328.0
May 2008380.5332.4
Apr 2008376.6330.4
Mar 2008374.8329.8
Feb 2008370.4332.2
Jan 2008382.6335.1
Dec 2007387.4341.3
Nov 2007394.0341.8
Oct 2007390.4342.0
Sep 2007390.2342.8
Aug 2007383.4342.3
Jul 2007378.0340.4
Jun 2007371.0336.1
May 2007366.9332.5
Apr 2007366.5328.7
Mar 2007359.8322.2
Feb 2007360.9319.8
Jan 2007354.2318.8
Dec 2006355.8319.0
Nov 2006348.3315.0
Oct 2006346.0313.4
Sep 2006341.0311.6
Aug 2006339.1310.3
Jul 2006335.2307.7
Jun 2006332.8303.4
May 2006330.1300.5
Apr 2006326.6297.7
Mar 2006326.5291.4
Feb 2006325.7289.0
Jan 2006329.7288.6
Dec 2005330.7289.0
Nov 2005334.7287.4
Oct 2005329.5286.6
Sep 2005327.6287.1
Aug 2005326.4287.6
Jul 2005335.4286.4
Jun 2005337.7282.8
May 2005337.0280.6
Apr 2005327.9277.6
Mar 2005320.6273.7
Feb 2005322.4271.5
Jan 2005325.0271.7
Dec 2004326.5271.9
Nov 2004324.0273.9
Oct 2004324.3274.3
Sep 2004328.4272.3
Aug 2004326.1272.8
Jul 2004321.9269.7
Jun 2004319.5264.1
May 2004314.7259.5
Apr 2004310.1256.4
Mar 2004308.6245.3
Feb 2004307.6244.7
Jan 2004307.0247.1
Dec 2003299.2245.6
Nov 2003296.6240.9
Oct 2003298.1243.6
Sep 2003298.1239.4
Aug 2003299.6240.2
Jul 2003297.0236.0
Jun 2003302.5231.9
May 2003303.0231.4
Apr 2003297.6233.0
Mar 2003295.5227.6
Feb 2003293.8222.8
Jan 2003296.8225.2
Dec 2002296.0226.8
Nov 2002288.0219.5
Oct 2002276.4217.3
Sep 2002262.4215.7
Aug 2002258.1210.6
Jul 2002258.2206.0
Jun 2002256.8204.4
May 2002250.3196.4
Apr 2002246.0191.4
Mar 2002240.3188.9
Feb 2002241.9182.5
Jan 2002240.6176.1
Dec 2001239.5176.7
Nov 2001239.9176.7
Oct 2001234.3176.7
Sep 2001231.8180.3
Aug 2001220.0180.3
Jul 2001219.4180.3
Jun 2001214.3174.1
May 2001213.5174.1
Apr 2001211.2174.1
Mar 2001209.8168.0
Feb 2001205.9168.0
Jan 2001205.9168.0
Dec 2000206.3168.9
Nov 2000209.5168.9
Oct 2000207.1168.9
Sep 2000204.4164.0
Aug 2000201.1164.0
Jul 2000199.3164.0
Jun 2000196.5161.0
May 2000188.5161.0
Apr 2000180.9161.0
Mar 2000178.0152.6
Feb 2000178.5152.6
Jan 2000176.2152.6
Dec 1999171.0148.8
Nov 1999168.7148.8
Oct 1999164.4148.8
Sep 1999162.7145.1
Aug 1999162.0145.1
Jul 1999160.0145.1
Jun 1999157.1137.1
May 1999150.7137.1
Apr 1999150.0137.1
Mar 1999150.1131.5
Feb 1999149.4131.5
Jan 1999149.7131.5
Dec 1998149.2130.7
Nov 1998151.9130.7
Oct 1998148.6130.7
Sep 1998148.3131.3
Aug 1998144.8131.3
Jul 1998145.4131.3
Jun 1998140.8125.8
May 1998141.1125.8
Apr 1998140.5125.8
Mar 1998141.4119.5
Feb 1998139.5119.5
Jan 1998135.6119.5
Dec 1997134.2116.5
Nov 1997134.6116.5
Oct 1997136.2116.5
Sep 1997136.2117.4
Aug 1997131.5117.4
Jul 1997128.1117.4
Jun 1997123.6111.7
May 1997124.4111.7
Apr 1997121.9111.7
Mar 1997119.0109.5
Feb 1997115.7109.5
Jan 1997114.8109.5
Dec 1996114.2108.0
Nov 1996114.8108.0
Oct 1996114.5108.0
Sep 1996113.5106.2
Aug 1996110.3106.2
Jul 1996109.0106.2
Jun 1996107.0102.2
May 1996108.1102.2
Apr 1996104.6102.2
Mar 1996105.1102.1
Feb 1996102.6102.1
Jan 1996104.7102.1
Dec 1995105.9100.6
Nov 1995106.6100.6
Oct 1995108.5100.6
Sep 1995108.7102.0
Aug 1995110.6102.0
Jul 1995108.4102.0
Jun 1995106.7101.1
May 1995104.9101.1
Apr 1995104.4101.1
Mar 1995103.0100.0
Feb 1995102.4100.0
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
August 1995February 1996−7.2%67
June 2005February 2006−3.5%86
November 2007April 2009−20.0%1740
September 2012December 2012−6.0%36
December 2016March 2017−5.2%36
January 2018March 2020−4.9%268
October 2022July 2024−9.9%21Not yet

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 Hertsmere

Sale prices have an 80% chance of landing between £516,600 and £574,469 by August 2027.

Expected, August 2027
£545,534
Chance of a rise
37%

At the average sale price, a home costs £553,008. With 10% down and a 30-year mortgage, the payment is £2,551 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
35%
Payment, one income
70%

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
£1,846
Owning per month
£2,604

76.2% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
40
Per 1,000 residents
0.4

Figures for United Kingdom: Hertsmere 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 242 while 10 homes were finished: 24.2 new residents for every new home.

New residents per new home, 2025
24.2
Population change, 2025
+242

4.8% of the 44,926 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.8%
Empty homes
2,145

In 2025, 13% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
13%