HP1 3BU is a residential postcode situated on Great Gaddesden, Hemel Hempstead, HP1 with 8 addresses.
It ranks as the 115th largest and 314th most expensive of the 599 postcodes in the HP1 area.
The postcode contains a total of 8 properties: 8 houses.
HP1 3BU is a residential postcode situated on Great Gaddesden, Hemel Hempstead, HP1 with 8 addresses.
It ranks as the 115th largest and 314th most expensive of the 599 postcodes in the HP1 area.
The postcode contains a total of 8 properties: 8 houses.
Sale prices range from £296,157 for 2 bedroom freehold houses with a garden (495 ft2) to £455,105 for 3 bedroom freehold houses with a garden (1,045 ft2) .
Monthly rental prices range from £1,376 pcm for 2 bed houses to £1,990 pcm for 3 bed houses.
The gross rental yield is between 5.1% and 5.6%.
The average value per square foot is £493.
The last sale in HP1 3BU sold for £427,500 on 20th November 2024. Since then prices are up an average of 1.0%.
The current average value in the postcode is £385,665.
The HP1 3BU Sales Market has increased by 22.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.1% | £385,665 |
| April 2025 | 1.3% | £386,140 |
| April 2024 | -1.7% | £381,254 |
| April 2023 | 1.6% | £387,750 |
| April 2022 | 9.9% | £381,722 |
| April 2021 | 3.6% | £347,413 |
| April 2020 | 0.9% | £335,405 |
| April 2019 | -2.3% | £332,325 |
| April 2018 | 1.3% | £340,226 |
| April 2017 | 6.3% | £336,014 |
| April 2016 | 14.8% | £316,180 |
| April 2015 | 12.4% | £275,452 |
| April 2014 | 12.1% | £245,094 |
| April 2013 | 6.8% | £218,582 |
| April 2012 | 0.5% | £204,672 |
| April 2011 | 1.8% | £203,642 |
| April 2010 | 11.5% | £200,114 |
| April 2009 | -15.4% | £179,422 |
| April 2008 | 2% | £212,104 |
| April 2007 | 0% | £207,940 |
The current average rental value in the postcode is £1,721.
The HP1 3BU Rental Market has increased by 50.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,721pcm |
| April 2025 | 5.6% | £1,666pcm |
| April 2024 | 7.6% | £1,577pcm |
| April 2023 | 8.7% | £1,465pcm |
| April 2022 | 7.9% | £1,347pcm |
| April 2021 | 5.6% | £1,248pcm |
| April 2020 | 1.1% | £1,181pcm |
| April 2019 | -0.4% | £1,168pcm |
| April 2018 | -0.6% | £1,173pcm |
| April 2017 | 2.9% | £1,180pcm |
| April 2016 | 7.1% | £1,146pcm |
| April 2015 | 7.1% | £1,071pcm |
| April 2014 | 7.7% | £1,000pcm |
| April 2013 | 6.4% | £928pcm |
| April 2012 | 2% | £872pcm |
| April 2011 | 4% | £855pcm |
| April 2010 | 5.2% | £823pcm |
| April 2009 | -6.8% | £782pcm |
| April 2008 | 3% | £839pcm |
| April 2007 | 0% | £815pcm |
The last sale was on 20th November 2024 for £427,500 and since then the market in the area has increased by 1.0%. The postcode has had a total of 28 sales since 1995.
HP1 3BU has seen 1 sale in the last three years and no sales in the last twelve months.
HP1 3BU is the 115th largest and the 314th most expensive postcode out of the 599 postcodes in the HP1 area.
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The closest station to HP1 3BU is Berkhamsted station which is 4.8 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around HP1 3BU, 37.5% of property is privately owned outright and 33.3% is privately owned with a mortgage.
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 3BU, 16.0% of residents are recorded as possessing school level qualifications and 44.6% 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 3BU, the average age was 41.5 and the most common age was 52.
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 3BU, 1.9% 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 3BU, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.