Queensway - HP1 1LR
Key Postcode Insights
HP1 1LR is a residential postcode situated on Queensway, Hemel Hempstead, HP1 with 7 addresses.
It ranks as the 89th largest and 75th most expensive of the 600 postcodes in the HP1 area.
The postcode contains a total of 7 properties: 1 house and 6 flats.
- Ave. Sale Price
- £259,553
- 10 Year change
- up 6.5%
- Ave. Rental Price
- £1,380pcm
- 10 Year change
- up 36.5%
- Ave. £ per ft²
- £399/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
HP1 1LR is a residential postcode situated on Queensway, Hemel Hempstead, HP1 with 7 addresses.
It ranks as the 89th largest and 75th most expensive of the 600 postcodes in the HP1 area.
The postcode contains a total of 7 properties: 1 house and 6 flats.
- Ave. Sale Price
- £259,553
- 10 Year change
- up 6.5%
- Ave. Rental Price
- £1,380pcm
- 10 Year change
- up 36.5%
- Ave. £ per ft²
- £399/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin HP1 1LR
Sales Market Trends
The last sale in HP1 1LR sold for £268,000 on 14th October 2025. Since then prices are up an average of 0.8%.
The current average value in the postcode is £259,553.
The HP1 1LR Sales Market has increased by 6.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £259,553 |
| June 2025 | 0.4% | £261,796 |
| June 2024 | -0.7% | £260,818 |
| June 2023 | -0.6% | £262,785 |
| June 2022 | 5.9% | £264,363 |
| June 2021 | 2.2% | £249,725 |
| June 2020 | 0.6% | £244,357 |
| June 2019 | -3% | £242,919 |
| June 2018 | -0.7% | £250,469 |
| June 2017 | 3.5% | £252,238 |
| June 2016 | 16.1% | £243,688 |
| June 2015 | 9.8% | £209,982 |
| June 2014 | 13.8% | £191,303 |
| June 2013 | 4.8% | £168,136 |
| June 2012 | -0.6% | £160,387 |
| June 2011 | -0.4% | £161,371 |
| June 2010 | 12.5% | £161,982 |
| June 2009 | -14.7% | £143,950 |
| June 2008 | -1.7% | £168,783 |
| June 2007 | 0% | £171,638 |
Rental Market Trends
The current average rental value in the postcode is £1,380.
The HP1 1LR Rental Market has increased by 36.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,380pcm |
| June 2025 | 4% | £1,328pcm |
| June 2024 | 8.4% | £1,277pcm |
| June 2023 | 7.1% | £1,178pcm |
| June 2022 | 5.9% | £1,100pcm |
| June 2021 | 3% | £1,039pcm |
| June 2020 | 1.8% | £1,008pcm |
| June 2019 | -1% | £990pcm |
| June 2018 | -1.4% | £1,000pcm |
| June 2017 | 0.3% | £1,015pcm |
| June 2016 | 6.7% | £1,011pcm |
| June 2015 | 6.6% | £947pcm |
| June 2014 | 7.6% | £888pcm |
| June 2013 | 3.1% | £826pcm |
| June 2012 | 1.1% | £801pcm |
| June 2011 | 2.7% | £792pcm |
| June 2010 | 5.3% | £771pcm |
| June 2009 | -7.6% | £733pcm |
| June 2008 | 2.6% | £793pcm |
| June 2007 | 0% | £773pcm |
Sales History
The last sale was on 14th October 2025 for £268,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 10 sales since 1995.
HP1 1LR has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£268,000 | 2 Bed FlatFlat 6, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LRFlat 6, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LR
- Sold Apr 2025£190,000 | 2 Bed FlatFlat 3, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LRFlat 3, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LR
- Sold Jul 2024£190,000 | 1 Bed FlatFlat 5, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LRFlat 5, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LR
- Sold Jan 2024£250,000 | 2 Bed FlatFlat 1, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LRFlat 1, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LR
- Sold Jul 2021£230,000 | 2 Bed FlatFlat 1, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LRFlat 1, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LR
Nearby Postcodes
HP1 1LR is the 89th largest and the 75th most expensive postcode out of the 600 postcodes in the HP1 area.
- HP1 1LS, Queensway, Hemel Hempstead, HP1HP1 1LS7 Addresses|28 m away
- HP1 3AE, High Street, Hemel Hempstead, HP1HP1 3AE12 Addresses|81 m away
- HP1 3AA, High Street, Hemel Hempstead, HP1HP1 3AA38 Addresses|89 m away
- HP1 3AB, High Street, Hemel Hempstead, HP1HP1 3AB5 Addresses|95 m away
- HP1 1LA, Marlowes, Hemel Hempstead, HP1HP1 1LA25 Addresses|115 m away
Property Types
- 1 period house built between 1800 and 1911
- 6 flats of an unknown age
- period house (1)
- flat (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2017£275,000 | 2 Bed FlatFlat 4, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LRFlat 4, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LR
- Sold Oct 2025£268,000 | 2 Bed FlatFlat 6, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LRFlat 6, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LR
- Sold Feb 2018£265,000 | 2 Bed FlatFlat 6, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LRFlat 6, Old Hempstead House 10, Queensway, Hemel Hempstead, HP1 1LR
Schools Nearby
- George Street Primary School400 m away
- Gade Valley Primary School700 m away
- St Cuthbert Mayne Voluntary Catholic Junior Academy800 m away
- Laureate Academy800 m away
- The Hemel Hempstead School1.0 km away
- The Adeyfield Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to HP1 1LR is Hemel Hempstead station, which is 2.1 kilometres away.
- Hemel Hempstead|2.1 km away
- Apsley|2.9 km away
- Kings Langley|6.1 km away
- Berkhamsted|6.2 km away
