House Prices in HP3 House Prices in HP3 (Hemel Hempstead)

The average house price in HP3 (Hemel Hempstead) is £414,714 using HM Land Registry data.

The average property price increased by £16,015 (22.47%) over the last 5 years and increased by £3,201 (3.47%) over the last 12 months.

Over the last year, there were 349 residential property sales – a decrease of 17 transactions (-4.87%) relative to the previous year. The majority of house sales (75) were in the £230,000 - £330,000 range. Then came properties in the £430,000 - £530,000 range, where 74 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,607 (-3%).

In May 2025, there were 100 new estate agency instructions, 44 agreed home sales and 75 property price reductions.

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

22.47%

Property prices in HP3 (Hemel Hempstead) increased by 22.47% 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

3.47%

Property prices in HP3 (Hemel Hempstead) increased by 3.47% 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 HP3 (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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Fairway, Hemel Hempstead, Hertfordshire, HP3 9TP£540,000£525,000-£15,00002 Oct 202417 Feb 2025138 Days
16 Risedale Road, Hemel Hempstead, Hertfordshire, HP3 9NN£360,000£350,000-£10,00017 Sep 202414 Feb 2025150 Days
34 Eastnor, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0QL£595,000£595,000£024 Aug 202407 Feb 2025167 Days
Flat 23, Willow Court, Ebberns Road, Hemel Hempstead, Hertfordshire, HP3 9HE£295,000£270,000-£25,00004 Apr 202431 Jan 2025302 Days
38 Goldcroft, Hemel Hempstead, Hertfordshire, HP3 8ET£325,000£310,000-£15,00010 Apr 202431 Jan 2025296 Days
107 Belmont Road, Hemel Hempstead, Hertfordshire, HP3 9NX£695,000£690,000-£5,00005 Mar 202431 Jan 2025332 Days
296 Belswains Lane, Hemel Hempstead, Hertfordshire, HP3 9XE£425,000£425,000£023 Jan 201827 Jan 20252561 Days
58 Chipperfield Road, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0JW£1,250,000£1,075,000-£175,00022 Jun 202427 Jan 2025219 Days
71 The Horseshoe, Hemel Hempstead, Hertfordshire, HP3 8QS£630,000£615,000-£15,00003 Oct 202421 Jan 2025110 Days
39 Dowling Court, Hemel Hempstead, Hertfordshire, HP3 9NF£465,000£450,000-£15,00013 Apr 202420 Jan 2025282 Days
12 Barnacres Road, Hemel Hempstead, Hertfordshire, HP3 8HS£400,000£400,000£017 Jan 202217 Jan 20251096 Days
Little Heath House, Sheethanger Lane, Felden, Hemel Hempstead, Hertfordshire, HP3 0BG£1,995,000£1,750,000-£245,00017 May 202410 Jan 2025238 Days
6 New Hall Close, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0HD£575,000£550,000-£25,00005 Jul 202410 Jan 2025189 Days
Flat 2, Barge House, Evans Wharf, Hemel Hempstead, Hertfordshire, HP3 9WE£230,000£218,000-£12,00011 Sep 202410 Jan 2025121 Days
56 Chesham Road, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0EA£475,000£460,000-£15,00020 Sep 202410 Jan 2025112 Days
33 Oliver Road, Hemel Hempstead, Hertfordshire, HP3 9PY£550,000£545,000-£5,00025 Sep 202418 Dec 202484 Days
3 Lamsey Road, Hemel Hempstead, Hertfordshire, HP3 9HB£500,000£485,000-£15,00028 Aug 202418 Dec 2024112 Days
92 Rant Meadow, Hemel Hempstead, Hertfordshire, HP3 8PQ£525,000£495,000-£30,00029 Jul 202413 Dec 2024137 Days
33 Market Oak Lane, Hemel Hempstead, Hertfordshire, HP3 8JN£500,000£496,000-£4,00014 Sep 202406 Dec 202483 Days
9 Athelstan Road, Hemel Hempstead, Hertfordshire, HP3 9QE£550,000£545,500-£4,50003 Sep 202406 Dec 202494 Days

Most Expensive Streets in HP3 (Hemel Hempstead)

PostcodeStreetAreaAverageNo. of Sales
HP3 0BQSheethanger Lane, FeldenHemel Hempstead£1,621,0005
HP3 0BGFelden Lawns, FeldenHemel Hempstead£1,598,60015
HP3 0DSHempstead Road, BovingdonHemel Hempstead£1,545,5004
HP3 0DJBox LaneHemel Hempstead£1,435,5008
HP3 8BZLongdean ParkHemel Hempstead£1,375,9166
HP3 0BUHighcroft Road, FeldenHemel Hempstead£1,327,3336
HP3 0BPBulstrode Lane, FeldenHemel Hempstead£1,308,3333
HP3 0BBFelden LaneHemel Hempstead£1,276,0005
HP3 0BZRoefields CloseHemel Hempstead£1,271,2504
HP3 0DGCopper Beech CloseHemel Hempstead£1,133,0005

Least Expensive Streets in HP3 (Hemel Hempstead)

PostcodeStreetAreaAverageNo. of Sales
HP3 9GYBasildon Court, Croxley RoadHemel Hempstead£134,1663
HP3 0QUBovingdon Court, Windsor CloseHemel Hempstead£183,27917
HP3 8DZBennetts End RoadHemel Hempstead£188,0836
HP3 9ETFern DriveHemel Hempstead£193,2005
HP3 9NEOram PlaceHemel Hempstead£195,3336
HP3 0DAHonours Mead, Howard Agne CloseHemel Hempstead£205,0836
HP3 9EUFern DriveHemel Hempstead£205,8339
HP3 8TEWestrayHemel Hempstead£214,9905
HP3 8TWNorthendHemel Hempstead£221,5003
HP3 9AWWindsor Court, Corner HallHemel Hempstead£222,7005

Explore HP3 (Hemel Hempstead) using map

5.0 / 5

Five Stars

Verified
Customer
Reviews

Google Reviews
Reviews.io
Trustpilot
View our reviews
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.