-
Census 2021 Data -
Homes & Property -
Law and Order -
Jobs & Economy -
Learning & Schools -
Essential Services -
Travel & Transport -
Local Amenities -
Leisure & Recreation -
Environment
Property Price Trends
HP23 5LU
What are the historical property price trends?
Explore the yearly trends in property prices for the HP23 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
HP23
Most Expensive Property
£1,200,000
25 Lendon Grove, HP23 4FA
Sold: 05 October 2023
Cheapest Property
£225,000
69 Mortimer Hill, HP23 5JA
Sold: 08 March 2024
£470,000
The average house price in Dacorum was £470,000 in November 2024 (provisional), up 4.1% from November 2023. This was higher than the rise in the East of England (2.0%) over the same period.
£1,496
Private rents rose to an average of £1,496 in December 2024, an annual increase of 5.7% from £1,416 in December 2023. This was lower than the rise in the East of England (8.4%) over the year.
£375,000
The average price paid by first-time buyers was £375,000 in November 2024 (provisional). This was 5.1% higher than the average of £357,000 in November 2023 (revised).
£479,000
For homes bought with a mortgage, the average house price was £479,000 in November 2024 (provisional). This was 4.2% higher than the average of £459,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Dacorum, E07000096). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in HP23 5LU?
The graph below shows the five-year capital growth figures for properties for the HP23 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in HP23 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Hertfordshire?
Homebuyers
For homebuyers in Hertfordshire, the property market is competitive with fluctuating house prices. According to the latest data, the average price for a property in Hertfordshire is around £395,000. Some of the most sought-after areas for homebuyers include St Albans (AL1), Berkhamsted (HP4), and Harpenden (AL5), where prices can exceed the county average. Availability of properties in these areas can be limited, especially for family homes with gardens. However, there are also more affordable options in towns like Stevenage (SG1) and Hatfield (AL10).
Renters
Rent prices in Hertfordshire have been steadily increasing, with the average rental price currently standing at around £1,200 per month. Popular areas for renters include Watford (WD17), Hemel Hempstead (HP1), and Hitchin (SG4), where demand is high. Availability of rental properties can vary depending on the area, with some locations having a higher turnover of rental stock. For renters looking for more affordable options, areas like Letchworth Garden City (SG6) and Ware (SG12) offer good value for money.
Investors
For investors, Hertfordshire presents a promising opportunity with potential for rental yield growth. The county's proximity to London makes it an attractive choice for buy-to-let investors looking for a commuter-friendly location. Areas like Borehamwood (WD6), Radlett (WD7), and Potters Bar (EN6) have shown strong rental demand and good rental yields. With ongoing development projects and infrastructure improvements, Hertfordshire is likely to see continued growth in property values, making it a worthwhile investment for those looking to expand their portfolio.
Homebuyers
For homebuyers in Hertfordshire, the property market is competitive with fluctuating house prices. According to the latest data, the average price for a property in Hertfordshire is around £395,000. Some of the most sought-after areas for homebuyers include St Albans (AL1), Berkhamsted (HP4), and Harpenden (AL5), where prices can exceed the county average. Availability of properties in these areas can be limited, especially for family homes with gardens. However, there are also more affordable options in towns like Stevenage (SG1) and Hatfield (AL10).
Renters
Rent prices in Hertfordshire have been steadily increasing, with the average rental price currently standing at around £1,200 per month. Popular areas for renters include Watford (WD17), Hemel Hempstead (HP1), and Hitchin (SG4), where demand is high. Availability of rental properties can vary depending on the area, with some locations having a higher turnover of rental stock. For renters looking for more affordable options, areas like Letchworth Garden City (SG6) and Ware (SG12) offer good value for money.
Investors
For investors, Hertfordshire presents a promising opportunity with potential for rental yield growth. The county's proximity to London makes it an attractive choice for buy-to-let investors looking for a commuter-friendly location. Areas like Borehamwood (WD6), Radlett (WD7), and Potters Bar (EN6) have shown strong rental demand and good rental yields. With ongoing development projects and infrastructure improvements, Hertfordshire is likely to see continued growth in property values, making it a worthwhile investment for those looking to expand their portfolio.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for HP23 5LU
Estimated yield for property investors
%
Yield
The estimated yield for the HP23 5LU postcode area is %, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in HP23 5LU?
The recently sold properties table lists homes around HP23 5LU that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 08 March 2024 | £360,000 | 73 Kingsley Walk, Tring, HP23 5DR | Terraced | Freehold |
| 08 March 2024 | £280,000 | 68 Lakeside, Tring, HP23 5HN | Terraced | Freehold |
| 08 March 2024 | £225,000 | 69 Mortimer Hill, Tring, HP23 5JA | Flat/Maisonette | Leasehold |
| 01 December 2023 | £462,500 | Railway Cottages 13 Tring Station, Tring, HP23 5QT | Terraced | Freehold |
| 08 March 2024 | £355,000 | 2 Plaiters Close, Tring, HP23 5TA | Terraced | Freehold |
Nearby sold properties | ||||
| 29 November 2023 | £650,000 | 7 Abstacle Hill, Tring, HP23 4DA | Detached | Freehold |
| 28 February 2023 | £580,000 | 13 Longfield Road, Tring, HP23 4DG | Semi-Detached | Freehold |
| 15 March 2024 | £698,000 | 67a Beaconsfield Road, Tring, HP23 4DW | Detached | Freehold |
| 05 October 2023 | £1,200,000 | 25 Lendon Grove, Gubblecote, Tring, HP23 4FA | Detached | Freehold |
| 28 June 2022 | £685,000 | 2 Hountslow Close, Tring, HP23 4FT | Semi-Detached | Freehold |
| 31 October 2022 | £962,000 | 4 Sandon Close, Tring, HP23 4HX | Detached | Freehold |
| 07 March 2024 | £257,000 | 60c Akeman Street, Tring, HP23 6AN | Flat/Maisonette | Leasehold |
| 14 March 2024 | £610,000 | 27 Langdon Street, Tring, HP23 6AZ | Terraced | Freehold |
| 24 July 2023 | £950,000 | Kirkhill Park Road, Tring, HP23 6BP | Detached | Freehold |
| 15 November 2023 | £850,000 | 1 Downs Villas, Tring, HP23 6BW | Terraced | Freehold |
| 01 December 2023 | £640,000 | 39 Woodland Close, Tring, HP23 6BZ | Semi-Detached | Freehold |
| 29 November 2023 | £400,000 | The Barns 9 West Leith, Tring, HP23 6JJ | Detached | Freehold |
Please note that house prices for properties sold in and around HP23 5LU during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
