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House Prices in HP3

The average house price in HP3 (Hemel Hempstead) is £501,916 using HM Land Registry data.

The average property price increased by £23,070 (4.82%) over the last 5 years and increased by £4,612 (0.93%) over the last 12 months.

Over the last year, there were 296 residential property sales – a decrease of 186 transactions (-62.84%) relative to the previous year. The majority of house sales (68) were in the £240,000 - £362,000 range. Then came properties in the £484,000 - £606,000 range, where 66 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,273 (-2%).

In Apr 2026, there were 103 new estate agency instructions, 55 agreed home sales and 76 property price reductions.

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

4.82%

Property prices in HP3 (Hemel Hempstead) increased by 4.82% 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

0.93%

Property prices in HP3 (Hemel Hempstead) increased by 0.93% 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) - Apr 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 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 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
28 The Bourne, Bovingdon, Hemel Hempstead, HP3 0EN	£510,000	£500,000	-£10,000	07 Jan 2026	23 Mar 2026	75 Days
2a, The Elms, Bedmond Road, Hemel Hempstead, HP3 8LJ	£350,000	£350,000	£0	29 Mar 2025	20 Mar 2026	356 Days
29 Rant Meadow, Hemel Hempstead, HP3 8EQ	£550,000	£545,000	-£5,000	21 Aug 2025	13 Mar 2026	204 Days
80 Ebberns Road, Hemel Hempstead, HP3 9QR	£500,000	£495,000	-£5,000	19 May 2025	13 Mar 2026	298 Days
45 Ryder Close, Bovingdon, Hemel Hempstead, HP3 0HZ	£439,950	£410,000	-£29,950	08 Sep 2025	06 Mar 2026	179 Days
11 Chambersbury Lane, Hemel Hempstead, HP3 8AY	£625,000	£620,000	-£5,000	02 Jun 2025	06 Mar 2026	277 Days
35 Ryder Close, Bovingdon, Hemel Hempstead, HP3 0HZ	£495,000	£470,000	-£25,000	12 Mar 2025	06 Mar 2026	359 Days
102 Green Lane, Bovingdon, Hemel Hempstead, HP3 0LA	£850,000	£850,000	£0	08 Sep 2025	02 Mar 2026	175 Days
45 Fourdrinier Way, Hemel Hempstead, HP3 9RP	£230,000	£215,000	-£15,000	05 Sep 2025	02 Mar 2026	178 Days
29 Belmont Road, Hemel Hempstead, HP3 9NY	£750,000	£725,000	-£25,000	15 Jan 2026	27 Feb 2026	43 Days
37 Fourdrinier Way, Hemel Hempstead, HP3 9RP	£330,000	£330,000	£0	21 May 2025	26 Feb 2026	281 Days
55 Oliver Road, Hemel Hempstead, HP3 9PZ	£480,000	£480,000	£0	30 Jul 2025	23 Feb 2026	208 Days
6 Hobbs Hill Road, Hemel Hempstead, HP3 9QA	£500,000	£480,000	-£20,000	22 May 2025	20 Feb 2026	274 Days
12 Harrison House, The Embankment, Hemel Hempstead, HP3 9DH	£300,000	£300,000	£0	08 Apr 2025	20 Feb 2026	318 Days
18 Hyde Lane, Nash Mills, HP3 8RY	£375,000	£340,000	-£35,000	05 Aug 2025	13 Feb 2026	192 Days
38 Lancaster House, Frogmore Road, Hemel Hempstead, HP3 9GQ	£270,000	£265,000	-£5,000	14 Jul 2025	13 Feb 2026	214 Days
55 Fern Drive, Hemel Hempstead, HP3 9EU	£146,950	£130,000	-£16,950	17 Nov 2025	06 Feb 2026	81 Days
11 Barra Close, Hemel Hempstead, HP3 8TN	£425,000	£415,000	-£10,000	10 Oct 2025	06 Feb 2026	119 Days
38 Great Elms Road, Hemel Hempstead, HP3 9TW	£425,000	£395,000	-£30,000	24 Sep 2025	05 Feb 2026	134 Days
23 Hancroft Road, Hemel Hempstead, HP3 9LJ	£425,000	£408,000	-£17,000	21 Aug 2025	30 Jan 2026	162 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 0DS	Hempstead Road, Bovingdon	Hemel Hempstead	£1,673,750	4
HP3 0BQ	Sheethanger Lane, Felden	Hemel Hempstead	£1,661,000	5
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