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House Prices in HP2 House Prices in HP2 (Hemel Hempstead)

The average house price in HP2 (Hemel Hempstead) is £397,500 using HM Land Registry data.

The average property price increased by £18,936 (9.6%) over the last 5 years and increased by £3,784 (1.63%) over the last 12 months.

Over the last year, there were 357 residential property sales – a decrease of 3 transactions (-0.84%) relative to the previous year. The majority of house sales (102) were in the £334,000 - £406,000 range. Then came properties in the £406,000 - £478,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,861 (-3%).

In May 2025, there were 101 new estate agency instructions, 66 agreed home sales and 59 property price reductions.

Nearby Postcodes: AL1, AL2, AL3, AL4, AL5, HP1, HP10, HP11, HP12, HP13, HP14, HP15, HP16, HP17, HP18, HP19, HP20, HP21, HP22, HP23, HP27, HP3, HP4, HP5, HP6, HP7, HP9, LU1, LU5, LU6, LU7, MK18, OX25, OX27, OX33, OX39, OX49, OX5, OX9, RG9, SL1, SL6, SL7, SL8, WD3, WD4, WD5

5-Year Average Property Prices in HP2 (Hemel Hempstead)

9.6%

Property prices in HP2 (Hemel Hempstead) increased by 9.6% 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 HP2 (Hemel Hempstead) Over the Last Year

1.63%

Property prices in HP2 (Hemel Hempstead) increased by 1.63% 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.

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).

Property Market Heat Gauge for HP2 (Hemel Hempstead) - May 2025

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 HP2 (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 HP2 (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 HP2 (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 HP2 (Hemel Hempstead) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HP2 postcode area since 1995.

Recent Sales in HP2 (Hemel Hempstead)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Typleden Close, Hemel Hempstead, Hertfordshire, HP2 5YL£390,000£390,000£016 Oct 202419 Feb 2025126 Days
185 Fletcher Way, Hemel Hempstead, Hertfordshire, HP2 5SA£250,000£250,000£020 Nov 202418 Feb 202590 Days
91 Livingstone Walk, Hemel Hempstead, Hertfordshire, HP2 6AL£160,000£155,000-£5,00004 Oct 202417 Feb 2025136 Days
11 Green Lane, Hemel Hempstead, Hertfordshire, HP2 4RZ£850,000£820,000-£30,00001 Jul 202414 Feb 2025228 Days
52 Westerdale, Hemel Hempstead, Hertfordshire, HP2 5TJ£240,000£229,000-£11,00017 Apr 202410 Feb 2025299 Days
136c, St Agnells Lane, Hemel Hempstead, Hertfordshire, HP2 6LQ£425,000£417,500-£7,50002 Aug 202403 Feb 2025185 Days
84 Fletcher Way, Hemel Hempstead, Hertfordshire, HP2 5RR£350,000£330,000-£20,00008 Oct 202431 Jan 2025115 Days
105 St Agnells Lane, Hemel Hempstead, Hertfordshire, HP2 7BG£375,000£375,000£021 Aug 202430 Jan 2025162 Days
295 St Albans Road, Hemel Hempstead, Hertfordshire, HP2 4RP£400,000£375,000-£25,00015 Aug 202430 Jan 2025168 Days
17 George Street, Hemel Hempstead, Hertfordshire, HP2 5HJ£600,000£590,000-£10,00018 Sep 202424 Jan 2025128 Days
10 Midland Road, Hemel Hempstead, Hertfordshire, HP2 5BH£900,000£880,000-£20,00019 Sep 202424 Jan 2025127 Days
27a, Broadfield Road, Hemel Hempstead, Hertfordshire, HP2 4DR£385,000£383,500-£1,50012 Sep 202424 Jan 2025134 Days
52 Bencroft Road, Hemel Hempstead, Hertfordshire, HP2 5UY£340,000£340,000£002 Sep 202418 Jan 2025138 Days
44 Cattsdell, Hemel Hempstead, Hertfordshire, HP2 5SN£375,000£360,000-£15,00021 Aug 202410 Jan 2025142 Days
55 Windmill Road, Hemel Hempstead, Hertfordshire, HP2 4BN£550,000£525,000-£25,00025 Apr 202409 Jan 2025259 Days
14 Nightingale Walk, Hemel Hempstead, Hertfordshire, HP2 7QX£200,000£200,000£001 Jul 202420 Dec 2024172 Days
75 Sarratt Avenue, Hemel Hempstead, Hertfordshire, HP2 7JF£425,000£425,000£009 Sep 202420 Dec 2024102 Days
7 Medwick Mews, Hemel Hempstead, Hertfordshire, HP2 7SE£550,000£535,000-£15,00015 Aug 202419 Dec 2024126 Days
1 St Margarets Way, Hemel Hempstead, Hertfordshire, HP2 4PA£375,000£370,000-£5,00031 Aug 202409 Dec 2024100 Days
15 Cotswold, Hemel Hempstead, Hertfordshire, HP2 5QX£375,000£372,000-£3,00017 Jul 202403 Dec 2024139 Days

Most Expensive Streets in HP2 (Hemel Hempstead)

PostcodeStreetAreaAverageNo. of Sales
HP2 6JBBradden Lane, Gaddesden RowHemel Hempstead£878,95010
HP2 4LZDelmar AvenueHemel Hempstead£865,5006
HP2 4ABHillfield RoadHemel Hempstead£739,4086
HP2 5BHMidland RoadHemel Hempstead£676,8005
HP2 4FZOakhill CloseHemel Hempstead£676,6005
HP2 5LEEllingham RoadHemel Hempstead£633,3336
HP2 4NGLombardy CloseHemel Hempstead£631,0006
HP2 7AGBranksome CloseHemel Hempstead£624,2504
HP2 5JZAdeyfield RoadHemel Hempstead£606,6663
HP2 5LFBerrymeadHemel Hempstead£602,5006

Least Expensive Streets in HP2 (Hemel Hempstead)

PostcodeStreetAreaAverageNo. of Sales
HP2 7JDEpping GreenHemel Hempstead£135,3336
HP2 5BEAlbyn House, Alexandra RoadHemel Hempstead£144,7496
HP2 5SBBellgateHemel Hempstead£154,3333
HP2 4FYMoorview House, Selden HillHemel Hempstead£156,2005
HP2 4UNPelham CourtHemel Hempstead£160,3333
HP2 6ALLivingstone WalkHemel Hempstead£161,8336
HP2 6DHWaveneyHemel Hempstead£165,0003
HP2 6BLWaveneyHemel Hempstead£165,3333
HP2 7RFValley GreenHemel Hempstead£167,1878
HP2 7QLAshby CourtHemel Hempstead£175,5389

Explore HP2 (Hemel Hempstead) using map

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