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House Prices in HP2

The average house price in HP2 (Hemel Hempstead) is £406,250 using HM Land Registry data.

The average property price increased by £9,412 (2.89%) over the last 5 years and increased by £1,881 (0.57%) over the last 12 months.

Over the last year, there were 337 residential property sales – a decrease of 138 transactions (-40.95%) relative to the previous year. The majority of house sales (94) were in the £350,000 - £430,000 range. Then came properties in the £430,000 - £510,000 range, where 58 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,484 (-2%).

In Jul 2026, there were 83 new estate agency instructions, 58 agreed home sales and 61 property price reductions.

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

2.89%

Property prices in HP2 (Hemel Hempstead) increased by 2.89% 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

0.57%

Property prices in HP2 (Hemel Hempstead) increased by 0.57% 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 HP2 (Hemel Hempstead) - Jul 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
137 Waveney, Hemel Hempstead, HP2 6DH	£170,000	£170,000	£0	16 Jul 2025	22 May 2026	310 Days
7 Branksome Close, Hemel Hempstead, HP2 7AG	£850,000	£840,000	-£10,000	21 May 2025	18 May 2026	362 Days
80 Neptune Drive, Hemel Hempstead, HP2 5QD	£475,000	£450,000	-£25,000	15 Oct 2025	01 May 2026	198 Days
46 Berkeley Square, Hemel Hempstead, HP2 7QS	£425,000	£417,500	-£7,500	29 Oct 2025	01 May 2026	184 Days
26 Oatridge Gardens, Hemel Hempstead, HP2 4FG	£250,000	£248,000	-£2,000	23 Aug 2025	30 Apr 2026	250 Days
12 Adeyfield Gardens, Hemel Hempstead, HP2 5JX	£425,000	£421,000	-£4,000	20 Oct 2025	30 Apr 2026	192 Days
27 Woolmer Drive, Hemel Hempstead, HP2 4UX	£450,000	£427,000	-£23,000	02 Jan 2026	30 Apr 2026	118 Days
27 Eastbrook Way, Hemel Hempstead, HP2 5UQ	£335,000	£335,000	£0	19 Jan 2026	29 Apr 2026	100 Days
149 St Agnells Lane, Hemel Hempstead, HP2 7BQ	£385,000	£375,000	-£10,000	14 Jan 2026	27 Apr 2026	103 Days
6 Chelsing Rise, Hemel Hempstead, HP2 4PU	£475,000	£465,000	-£10,000	27 May 2025	24 Apr 2026	332 Days
47 Christchurch Road, Hemel Hempstead, HP2 5BX	£675,000	£650,000	-£25,000	20 Aug 2025	17 Apr 2026	240 Days
38 Garland Close, Hemel Hempstead, HP2 5HU	£495,000	£480,000	-£15,000	19 Aug 2025	15 Apr 2026	239 Days
18 Northaw Close, Hemel Hempstead, HP2 7NH	£390,000	£360,000	-£30,000	25 Nov 2025	02 Apr 2026	128 Days
9 Waveney, Hemel Hempstead, HP2 6DQ	£161,500	£140,000	-£21,500	15 May 2025	01 Apr 2026	321 Days
45 Chenies Court, Hemel Hempstead, HP2 7JU	£200,000	£190,000	-£10,000	03 Nov 2025	31 Mar 2026	148 Days
38 Roydon Court, Hemel Hempstead, HP2 7PA	£170,000	£167,500	-£2,500	27 Jun 2025	26 Mar 2026	272 Days
30a, Alexandra Road, Hemel Hempstead, HP2 5BS	£300,000	£295,000	-£5,000	25 Sep 2025	24 Mar 2026	180 Days
7 Neptune Drive, Hemel Hempstead, HP2 5QQ	£525,000	£520,000	-£5,000	25 Sep 2025	20 Mar 2026	176 Days
23 Mendip Way, Hemel Hempstead, HP2 5QY	£400,000	£390,000	-£10,000	17 Sep 2025	20 Mar 2026	184 Days
103 Cuffley Court, Hemel Hempstead, HP2 7LT	£150,000	£145,000	-£5,000	17 Sep 2025	16 Mar 2026	180 Days

Most Expensive Streets in HP2 (Hemel Hempstead)

Postcode	Street	Area	Average	No. of Sales
HP2 6JB	Bradden Lane, Gaddesden Row	Hemel Hempstead	£970,714	7
HP2 4LY	Delmar Avenue	Hemel Hempstead	£940,000	3
HP2 4LZ	Delmar Avenue	Hemel Hempstead	£865,500	6
HP2 4AB	Hillfield Road	Hemel Hempstead	£797,150	3
HP2 5BH	Midland Road	Hemel Hempstead	£695,750	4
HP2 5LF	Berrymead	Hemel Hempstead	£686,666	3
HP2 7AG	Branksome Close	Hemel Hempstead	£667,400	5
HP2 5BN	East Street	Hemel Hempstead	£653,750	4
HP2 4NG	Lombardy Close	Hemel Hempstead	£637,000	3
HP2 5JE	Highfield Lane	Hemel Hempstead	£624,625	8

Least Expensive Streets in HP2 (Hemel Hempstead)

Postcode	Street	Area	Average	No. of Sales
HP2 5BE	Albyn House, Alexandra Road	Hemel Hempstead	£131,928	7
HP2 7JD	Epping Green	Hemel Hempstead	£141,500	8
HP2 5SB	Bellgate	Hemel Hempstead	£145,375	4
HP2 4FY	Moorview House, Selden Hill	Hemel Hempstead	£145,750	6
HP2 6AH	Livingstone Walk	Hemel Hempstead	£147,000	3
HP2 6DQ	Waveney	Hemel Hempstead	£151,500	5
HP2 6DJ	Waveney	Hemel Hempstead	£154,166	3
HP2 7AT	St Agnells Court	Hemel Hempstead	£159,543	4
HP2 7RF	Valley Green	Hemel Hempstead	£159,750	10
HP2 6AL	Livingstone Walk	Hemel Hempstead	£160,200	5