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Property Price Trends
Hardy Road, Hemel Hempstead, Hertfordshire
HP2 5EG Dacorum District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the HP2 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
HP2
Most Expensive Property
£3,099,999
29 Leverstock Green Road, HP2 4HH
Sold: 19 June 2023
Cheapest Property
£200,000
36 Tattershall Drive, HP2 7QF
Sold: 08 December 2023
£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 HP2 5EG?
The graph below shows the five-year capital growth figures for properties for the HP2 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 HP2 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 HP2 5EG
Estimated yield for property investors
3.78%
Yield
The estimated yield for the HP2 5EG postcode area is 3.78%, 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 HP2 5EG?
The recently sold properties table lists homes around HP2 5EG 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 | £305,000 | 99 Chapel Street, Hemel Hempstead, HP2 5AE | Other | Freehold |
| 09 September 2022 | £380,000 | 16 Paston Road, Hemel Hempstead, HP2 5BA | Terraced | Freehold |
| 08 June 2022 | £272,500 | Nissel House 3 Fensomes Close, Hemel Hempstead, HP2 5DH | Flat/Maisonette | Leasehold |
| 21 November 2022 | £575,000 | 37 Adeyfield Road, Hemel Hempstead, HP2 5DP | Detached | Freehold |
| 30 November 2023 | £325,000 | 3a Towers Road, Hemel Hempstead, HP2 5EP | Terraced | Freehold |
| 16 February 2024 | £575,000 | 7 Park View Rise, Hemel Hempstead, HP2 5FU | Semi-Detached | Freehold |
| 21 March 2024 | £922,000 | 99 Highfield Lane, Hemel Hempstead, HP2 5JE | Detached | Freehold |
| 23 November 2023 | £425,000 | 1 Widmore Drive, Hemel Hempstead, HP2 5JJ | Semi-Detached | Freehold |
| 16 November 2023 | £450,000 | 1 Ellen Mews, Hemel Hempstead, HP2 5LA | Semi-Detached | Freehold |
| 24 November 2023 | £350,000 | 4 Allandale, Hemel Hempstead, HP2 5XZ | Terraced | Freehold |
| 05 December 2023 | £336,000 | 9 Boxhill, Hemel Hempstead, HP2 5YR | Terraced | Freehold |
Nearby sold properties | ||||
| 11 December 2023 | £764,000 | 35 Walnut Grove, Hemel Hempstead, HP2 4AP | Detached | Freehold |
| 04 December 2023 | £570,000 | 14 Kenilworth Close, Hemel Hempstead, HP2 4EY | Detached | Freehold |
| 19 June 2023 | £3,099,999 | 29 Leverstock Green Road, Hemel Hempstead, HP2 4HH | Detached | Freehold |
| 08 December 2023 | £272,000 | 6 Hales Park, Hemel Hempstead, HP2 4RH | Flat/Maisonette | Leasehold |
| 08 April 2022 | £349,950 | 15a Hales Park Close, Hemel Hempstead, HP2 4TJ | Terraced | Freehold |
| 13 December 2023 | £400,000 | 13 Maynard Road, Hemel Hempstead, HP2 4TR | Semi-Detached | Freehold |
| 13 September 2023 | £360,000 | 125 Washington Avenue, Hemel Hempstead, HP2 6AT | Terraced | Freehold |
| 09 September 2022 | £1,025,000 | Southings Manor Farm The Grain House Clements End Road, Gaddesden Row, Hemel Hempstead, HP2 6HX | Semi-Detached | Leasehold |
| 16 October 2023 | £375,000 | 30 Washington Avenue, Hemel Hempstead, HP2 6LT | Terraced | Freehold |
| 01 March 2024 | £400,000 | 24 Isenburg Way, Hemel Hempstead, HP2 6NQ | Semi-Detached | Freehold |
| 19 December 2023 | £425,000 | 27 Admiral Avenue, Hemel Hempstead, HP2 7BP | Semi-Detached | Freehold |
| 05 December 2022 | £290,000 | Maple House 3 Valley Green, Hemel Hempstead, HP2 7BY | Flat/Maisonette | Leasehold |
| 18 April 2023 | £1,900,000 | 78a Maxted Road, Hemel Hempstead, HP2 7DX | Terraced | Freehold |
| 08 December 2023 | £200,000 | 36 Tattershall Drive, Hemel Hempstead, HP2 7QF | Flat/Maisonette | Leasehold |
| 18 December 2023 | £395,000 | 7 Lower Emms, Hemel Hempstead, HP2 7SB | Semi-Detached | Freehold |
Please note that house prices for properties sold in and around HP2 5EG 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
