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House Prices in HP3

The average house price in HP3 (Hemel Hempstead) is £440,800 using HM Land Registry data.

The average property price increased by £24,069 (5.05%) over the last 5 years and increased by £4,812 (0.97%) over the last 12 months.

Over the last year, there were 327 residential property sales – a decrease of 115 transactions (-35.17%) relative to the previous year. The majority of house sales (70) were in the £352,000 - £464,000 range. Then came properties in the £240,000 - £352,000 range, where 66 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 108 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,166 (-2%).

In Mar 2026, there were 113 new estate agency instructions, 71 agreed home sales and 85 property price reductions.

5-Year Average Property Prices in HP3 (Hemel Hempstead)

5.05%

Property prices in HP3 (Hemel Hempstead) increased by 5.05% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in HP3 (Hemel Hempstead) Over the Last Year

0.97%

Property prices in HP3 (Hemel Hempstead) increased by 0.97% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for HP3 (Hemel Hempstead) - Mar 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in HP3 (Hemel Hempstead)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in HP3 (Hemel Hempstead)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in HP3 (Hemel Hempstead)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the HP3 (Hemel Hempstead) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HP3 postcode area since 1995.

Recent Sales in HP3 (Hemel Hempstead)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
96 Howard Agne Close, Bovingdon, Hemel Hempstead, HP3 0HB	£250,000	£237,500	-£12,500	26 Mar 2025	12 Dec 2025	261 Days
27 Fourdrinier Way, Hemel Hempstead, HP3 9RP	£245,000	£240,000	-£5,000	17 Jan 2025	12 Dec 2025	329 Days
4 Highbarns, Hemel Hempstead, HP3 8AG	£425,000	£405,000	-£20,000	21 Jun 2025	12 Dec 2025	174 Days
62b, Belmont Road, Hemel Hempstead, HP3 9NU	£570,000	£570,000	£0	22 Jul 2025	11 Dec 2025	142 Days
33 Beechwood Park, Hemel Hempstead, HP3 0DY	£925,000	£910,000	-£15,000	04 Jul 2025	05 Dec 2025	154 Days
4 Tile Kiln Close, Hemel Hempstead, HP3 8NU	£875,000	£850,000	-£25,000	25 Sep 2025	05 Dec 2025	71 Days
6 Avocet Road, Hemel Hempstead, HP3 0FZ	£500,000	£490,000	-£10,000	14 Apr 2025	04 Dec 2025	234 Days
4 Claverton Close, Bovingdon, Hemel Hempstead, HP3 0QP	£685,000	£640,000	-£45,000	01 Jul 2025	27 Nov 2025	149 Days
10 Phelps House, Rose Lane, Hemel Hempstead, HP3 9GJ	£230,000	£222,500	-£7,500	15 May 2025	27 Nov 2025	196 Days
9 St Albans Hill, Hemel Hempstead, HP3 9NG	£600,000	£600,000	£0	12 Jun 2025	27 Nov 2025	168 Days
31 Dickinson House, The Embankment, Hemel Hempstead, HP3 9DR	£250,000	£245,000	-£5,000	15 May 2025	27 Nov 2025	196 Days
8 Highbarns, Hemel Hempstead, HP3 8AG	£435,000	£424,000	-£11,000	04 Jul 2025	26 Nov 2025	145 Days
18 Manorville Road, Hemel Hempstead, HP3 0AP	£535,000	£535,000	£0	13 Jun 2025	26 Nov 2025	166 Days
6 Bovingdon Court, Windsor Close, Bovingdon, Hemel Hempstead, HP3 0QU	£140,000	£140,000	£0	20 Feb 2025	25 Nov 2025	278 Days
11 Fourdrinier Way, Hemel Hempstead, HP3 9RP	£475,000	£470,000	-£5,000	25 Sep 2025	21 Nov 2025	57 Days
21 Meadow Road, Hemel Hempstead, HP3 8AH	£425,000	£388,000	-£37,000	09 Jun 2025	21 Nov 2025	165 Days
68 Chambersbury Lane, Hemel Hempstead, HP3 8BB	£450,000	£437,500	-£12,500	26 Dec 2024	20 Nov 2025	329 Days
27 The Mallards, Hemel Hempstead, HP3 9DP	£275,000	£268,000	-£7,000	31 Jan 2025	19 Nov 2025	292 Days
8 Hobbs Hill Road, Hemel Hempstead, HP3 9QA	£550,000	£545,000	-£5,000	27 May 2025	18 Nov 2025	175 Days
11 Lower Barn, Hemel Hempstead, HP3 9QL	£525,000	£522,000	-£3,000	19 May 2025	17 Nov 2025	182 Days

Most Expensive Streets in HP3 (Hemel Hempstead)

Postcode	Street	Area	Average	No. of Sales
HP3 0BG	Felden Lawns, Felden	Hemel Hempstead	£1,793,600	15
HP3 0BQ	Sheethanger Lane, Felden	Hemel Hempstead	£1,706,250	4
HP3 0DS	Hempstead Road, Bovingdon	Hemel Hempstead	£1,673,750	4
HP3 0BB	Felden Lane	Hemel Hempstead	£1,511,666	3
HP3 0BU	Highcroft Road, Felden	Hemel Hempstead	£1,484,760	6
HP3 0DJ	Box Lane	Hemel Hempstead	£1,453,750	4
HP3 0BP	Bulstrode Lane, Felden	Hemel Hempstead	£1,378,333	3
HP3 0BZ	Roefields Close	Hemel Hempstead	£1,271,250	4
HP3 8BZ	Longdean Park	Hemel Hempstead	£1,250,000	4
HP3 0JW	Chipperfield Road, Bovingdon	Hemel Hempstead	£1,233,500	8

Least Expensive Streets in HP3 (Hemel Hempstead)

Postcode	Street	Area	Average	No. of Sales
HP3 9GY	Basildon Court, Croxley Road	Hemel Hempstead	£137,500	4
HP3 0QU	Bovingdon Court, Windsor Close	Hemel Hempstead	£176,649	15
HP3 8DZ	Bennetts End Road	Hemel Hempstead	£192,400	5
HP3 9NE	Oram Place	Hemel Hempstead	£193,400	5
HP3 9EU	Fern Drive	Hemel Hempstead	£196,444	9
HP3 8TE	Westray	Hemel Hempstead	£198,737	4
HP3 9ET	Fern Drive	Hemel Hempstead	£201,666	3
HP3 0DA	Honours Mead, Howard Agne Close	Hemel Hempstead	£204,125	4
HP3 9FH	Cavendish Court, London Road	Hemel Hempstead	£215,125	4
HP3 8TW	Northend	Hemel Hempstead	£221,500	3