Key indicators for buyers
The AL3 market presents a mixed picture for buyers. Prices are rising at 9.9%, which may favour acting sooner rather than later. Affordability has improved from a peak of 18.3x in 2022 to 15.0x today. Rising rents (£1,910/mo, +3.0%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider St Albans area
A home in St Albans costs 15.0x the local median salary — very stretched, improving from a peak of 18.3x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider St Albans area
Average monthly rent in St Albans is £1,910, up 3.0% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average St Albans price of £779,375 with a 25% deposit (£195k), a 2-year fixed mortgage at 3.97% costs around £3,076 per month.
Monthly cost comparison based on current data
Uses AL3 avg. price with St Albans rental data
Monthly mortgage payments (£3,076) are £1,166 more than renting (£1,910). However, buying requires an upfront deposit of £195k — it would take around 24 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
9, LINDEN ROAD, REDBOURN AL3 7PL | Detached | £930,000 | 23 Jan 2026 |
40, CANNON STREET AL3 5JS | Terraced | £530,000 | 23 Jan 2026 |
48, DOWN EDGE, REDBOURN AL3 7JP | Terraced | £420,000 | 23 Jan 2026 |
32, PEGASUS PLACE AL3 5QT | Terraced | £830,000 | 21 Jan 2026 |
6, FISHPOOL STREET AL3 4RT | Terraced | £2,510,000 | 16 Jan 2026 |
98, HIGH STREET, MARKYATE AL3 8LE | Terraced | £390,000 | 9 Jan 2026 |
78, BERNARD STREET AL3 5QN | Terraced | £425,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in AL3 sold for £779,375 in 2026, with a median of £477,500 across 8 transactions. Prices rose 9.9% compared to the previous year.
| 9 Jan 2026 |
6, CHRISTINA COURT, HIGH STREET, MARKYATE AL3 8JG | Flat/Maisonette | £200,000 | 9 Jan 2026 |
5A, COWPER ROAD, MARKYATE AL3 8PP | Flat/Maisonette | £200,000 | 19 Dec 2025 |
10, DARWIN CLOSE AL3 6LH | Detached | £900,000 | 19 Dec 2025 |
17, LONG MEADOW, MARKYATE AL3 8JW | Terraced | £410,000 | 19 Dec 2025 |
17, BARTHOLOMEW GREEN, MARKYATE AL3 8RX | Terraced | £390,000 | 19 Dec 2025 |
5, BUTLERS YARD AL3 5FA | Flat/Maisonette | £195,000 | 18 Dec 2025 |
13, RICKYARD MEADOW, REDBOURN AL3 7HT | Detached | £950,000 | 17 Dec 2025 |
19, FLINT WAY AL3 6DU | Semi-detached | £525,000 | 16 Dec 2025 |
1, THORNTON STREET AL3 5JW | Terraced | £605,000 | 15 Dec 2025 |
12, TUDOR ROAD AL3 6AY | Flat/Maisonette | £290,000 | 12 Dec 2025 |
22, DALTON STREET AL3 5QJ | Terraced | £715,000 | 12 Dec 2025 |
7B, PICKFORD ROAD, MARKYATE AL3 8RS | Terraced | £580,000 | 12 Dec 2025 |
17, HILL STREET AL3 4QS | Semi-detached | £1,035,000 | 11 Dec 2025 |
The most recent recorded sale in AL3 was a detached property on Linden Road for £930,000 in January 2026. Across the last 20 sales, the median price was £530,000.