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House Prices in HP3

The average house price in HP3 (Hemel Hempstead) is £606,708 using HM Land Registry data.

The average property price increased by £37,022 (4.82%) over the last 5 years and increased by £7,401 (0.93%) over the last 12 months.

Over the last year, there were 327 residential property sales – a decrease of 120 transactions (-36.70%) relative to the previous year. The majority of house sales (72) were in the £240,000 - £362,000 range. Then came properties in the £362,000 - £484,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 88 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,289 (-2%).

In Jul 2026, there were 108 new estate agency instructions, 63 agreed home sales and 75 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) - 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 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
54a, West Valley Road, Hemel Hempstead, HP3 0AN	£675,000	£675,000	£0	28 Jul 2025	15 May 2026	291 Days
17 Evans House, The Embankment, Hemel Hempstead, HP3 9FY	£240,000	£240,000	£0	18 Jul 2025	30 Apr 2026	286 Days
46 Fairway, Hemel Hempstead, HP3 9TP	£550,000	£522,500	-£27,500	25 Jul 2025	24 Apr 2026	273 Days
18 Richardson House, The Embankment, Hemel Hempstead, HP3 9GA	£350,000	£342,500	-£7,500	16 May 2025	22 Apr 2026	341 Days
23 Dickinson Quay, Hemel Hempstead, HP3 9WG	£325,000	£325,000	£0	07 Oct 2025	20 Apr 2026	195 Days
114 Chambersbury Lane, Hemel Hempstead, HP3 8BB	£475,000	£467,500	-£7,500	03 Jun 2025	20 Apr 2026	321 Days
5 Tile Kiln Crescent, Hemel Hempstead, HP3 8NT	£560,000	£540,000	-£20,000	27 Feb 2026	20 Apr 2026	52 Days
11 Great Whites Road, Hemel Hempstead, HP3 9LH	£475,000	£475,000	£0	09 Oct 2025	16 Apr 2026	189 Days
3 Ranworth Close, Hemel Hempstead, HP3 9HG	£475,000	£470,000	-£5,000	09 Sep 2025	10 Apr 2026	213 Days
39 St Albans Hill, Hemel Hempstead, HP3 9NG	£450,000	£441,000	-£9,000	09 Mar 2026	10 Apr 2026	32 Days
35 Belmont Road, Hemel Hempstead, HP3 9NY	£650,000	£630,000	-£20,000	20 Jun 2025	09 Apr 2026	293 Days
94 Bennetts End Road, Hemel Hempstead, HP3 8DY	£240,000	£230,000	-£10,000	12 May 2025	08 Apr 2026	331 Days
4 The Chestnuts, Hemel Hempstead, HP3 0DZ	£1,000,000	£1,000,000	£0	14 Nov 2025	02 Apr 2026	139 Days
3 Lancaster Drive, Bovingdon, Hemel Hempstead, HP3 0RX	£525,000	£500,000	-£25,000	11 Jul 2025	01 Apr 2026	264 Days
23 Kents Avenue, Hemel Hempstead, HP3 9SW	£295,000	£290,000	-£5,000	27 Aug 2025	01 Apr 2026	217 Days
77 Evans Wharf, Hemel Hempstead, HP3 9WN	£335,000	£330,000	-£5,000	24 Jun 2025	30 Mar 2026	279 Days
62 Stonelea Road, Hemel Hempstead, HP3 9JZ	£450,000	£437,500	-£12,500	07 Jul 2025	27 Mar 2026	263 Days
14 Barn Close, Hemel Hempstead, HP3 9PJ	£275,000	£265,000	-£10,000	21 Oct 2025	27 Mar 2026	157 Days
Rose Cottage, Leverstock Green Road, Hemel Hempstead, HP3 8LP	£725,000	£715,000	-£10,000	14 Oct 2025	27 Mar 2026	164 Days
124 Flaunden, Hemel Hempstead, HP3 0PL	£635,000	£635,000	£0	12 Nov 2025	27 Mar 2026	135 Days

Most Expensive Streets in HP3 (Hemel Hempstead)

Postcode	Street	Area	Average	No. of Sales
HP3 0BG	Felden Lawns, Felden	Hemel Hempstead	£1,812,916	12
HP3 0DS	Hempstead Road, Bovingdon	Hemel Hempstead	£1,691,666	3
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 0BP	Bulstrode Lane, Felden	Hemel Hempstead	£1,378,333	3
HP3 8BZ	Longdean Park	Hemel Hempstead	£1,250,000	4
HP3 0LT	Vicarage Lane, Bovingdon	Hemel Hempstead	£1,236,666	3
HP3 0JW	Chipperfield Road, Bovingdon	Hemel Hempstead	£1,233,500	8
HP3 8BU	Silverthorn Drive	Hemel Hempstead	£1,166,500	5

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 9EU	Fern Drive	Hemel Hempstead	£196,444	9
HP3 8TE	Westray	Hemel Hempstead	£198,737	4
HP3 9NE	Oram Place	Hemel Hempstead	£199,000	3
HP3 9ET	Fern Drive	Hemel Hempstead	£201,666	3
HP3 9FH	Cavendish Court, London Road	Hemel Hempstead	£215,125	4
HP3 8TW	Northend	Hemel Hempstead	£218,625	4
HP3 9GE	Harriet House, London Road	Hemel Hempstead	£223,250	4