HP1 2RQ is a residential postcode situated on London Road, Hemel Hempstead, HP1 with 3 addresses.
It ranks as the 38th largest and 374th most expensive of the 599 postcodes in the HP1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
HP1 2RQ is a residential postcode situated on London Road, Hemel Hempstead, HP1 with 3 addresses.
It ranks as the 38th largest and 374th most expensive of the 599 postcodes in the HP1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
Sale prices range from £451,078 for 3 bedroom freehold houses with a garden (1,119 ft2) to £573,768 for 3 bedroom freehold houses with a garden (1,119 ft2) .
Monthly rental prices range from £1,912 pcm for 3 bed houses to £2,169 pcm for 3 bed houses.
The gross rental yield is between 4.5% and 5.1%.
The average value per square foot is £403.
The last sale in HP1 2RQ sold for £320,000 on 10th April 2007. Since then prices are up an average of 86.8%.
The current average value in the postcode is £491,975.
The HP1 2RQ Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £491,975 |
| April 2025 | 1.4% | £494,006 |
| April 2024 | -1.8% | £487,104 |
| April 2023 | 0.9% | £495,992 |
| April 2022 | 10.6% | £491,413 |
| April 2021 | 3.9% | £444,318 |
| April 2020 | 1.3% | £427,771 |
| April 2019 | -1.8% | £422,154 |
| April 2018 | 1.2% | £429,926 |
| April 2017 | 5.1% | £424,706 |
| April 2016 | 12.2% | £403,954 |
| April 2015 | 11.2% | £359,999 |
| April 2014 | 12.3% | £323,722 |
| April 2013 | 8.2% | £288,199 |
| April 2012 | 1.2% | £266,389 |
| April 2011 | 2.6% | £263,192 |
| April 2010 | 11.8% | £256,634 |
| April 2009 | -15% | £229,474 |
| April 2008 | 2.5% | £270,055 |
| April 2007 | 0% | £263,428 |
The current average rental value in the postcode is £1,998.
The HP1 2RQ Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,998pcm |
| April 2025 | 5.5% | £1,938pcm |
| April 2024 | 6.7% | £1,836pcm |
| April 2023 | 7.7% | £1,722pcm |
| April 2022 | 8.7% | £1,598pcm |
| April 2021 | 6.7% | £1,470pcm |
| April 2020 | 1.1% | £1,378pcm |
| April 2019 | -0.3% | £1,364pcm |
| April 2018 | -0.5% | £1,368pcm |
| April 2017 | 1.6% | £1,375pcm |
| April 2016 | 5.8% | £1,353pcm |
| April 2015 | 5.8% | £1,279pcm |
| April 2014 | 6.6% | £1,208pcm |
| April 2013 | 8% | £1,134pcm |
| April 2012 | 3.2% | £1,050pcm |
| April 2011 | 4.3% | £1,018pcm |
| April 2010 | 5.9% | £975pcm |
| April 2009 | -6.6% | £921pcm |
| April 2008 | 2.6% | £987pcm |
| April 2007 | 0% | £961pcm |
The last sale was on 10th April 2007 for £320,000 and since then the market in the area has increased by 86.8%. The postcode has had a total of 1 sales since 1995.
HP1 2RQ has seen no sales in the last three years and no sales in the last twelve months.
HP1 2RQ is the 38th largest and the 374th most expensive postcode out of the 599 postcodes in the HP1 area.
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The closest station to HP1 2RQ is Hemel Hempstead station which is 1.6 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around HP1 2RQ, 48.9% of property is privately owned with a mortgage and 37.4% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around HP1 2RQ, 14.3% of residents are recorded as possessing school level qualifications and 45.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around HP1 2RQ, the average age was 43.3 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around HP1 2RQ, 0.6% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around HP1 2RQ, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.