Spring Lane - HP1 3QY
Key Postcode Insights
HP1 3QY is a residential postcode situated on Spring Lane, Hemel Hempstead, HP1 with 19 addresses.
It ranks as the 332nd largest and 206th most expensive of the 600 postcodes in the HP1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 19 properties: 14 houses and 5 other properties.
- Ave. Sale Price
- £397,180
- 10 Year change
- up 18.4%
- Ave. Rental Price
- £1,822pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £441/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
HP1 3QY is a residential postcode situated on Spring Lane, Hemel Hempstead, HP1 with 19 addresses.
It ranks as the 332nd largest and 206th most expensive of the 600 postcodes in the HP1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 19 properties: 14 houses and 5 other properties.
- Ave. Sale Price
- £397,180
- 10 Year change
- up 18.4%
- Ave. Rental Price
- £1,822pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £441/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Properties in HP1 3QY
- 75 Spring Lane
3 Bed Mid-century House
- 77 Spring Lane
House
- 79 Spring Lane
House
- 81 Spring Lane
3 Bed Mid-century House
- 83 Spring Lane
3 Bed House
Sales Market Trends
The last sale in HP1 3QY sold for £350,000 on 31st May 2024. Since then prices are up an average of 1.9%.
The current average value in the postcode is £397,180.
The HP1 3QY Sales Market has increased by 18.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £397,180 |
| June 2025 | 1.9% | £397,672 |
| June 2024 | -2% | £390,367 |
| June 2023 | 0.5% | £398,199 |
| June 2022 | 9.1% | £396,267 |
| June 2021 | 5.1% | £363,313 |
| June 2020 | 0.1% | £345,568 |
| June 2019 | -2.2% | £345,326 |
| June 2018 | 0.5% | £353,099 |
| June 2017 | 4.7% | £351,361 |
| June 2016 | 15.6% | £335,474 |
| June 2015 | 9.5% | £290,321 |
| June 2014 | 14.4% | £265,240 |
| June 2013 | 5.8% | £231,839 |
| June 2012 | -0.1% | £219,201 |
| June 2011 | 0.8% | £219,358 |
| June 2010 | 17.1% | £217,723 |
| June 2009 | -13.2% | £185,871 |
| June 2008 | -2.1% | £214,133 |
| June 2007 | 0% | £218,703 |
Rental Market Trends
The current average rental value in the postcode is £1,822.
The HP1 3QY Rental Market has increased by 51.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,822pcm |
| June 2025 | 5.6% | £1,740pcm |
| June 2024 | 7.2% | £1,648pcm |
| June 2023 | 7.8% | £1,537pcm |
| June 2022 | 9.2% | £1,426pcm |
| June 2021 | 6.2% | £1,306pcm |
| June 2020 | 1.5% | £1,230pcm |
| June 2019 | -0.2% | £1,213pcm |
| June 2018 | -0.1% | £1,215pcm |
| June 2017 | 1.4% | £1,216pcm |
| June 2016 | 6.2% | £1,199pcm |
| June 2015 | 6.5% | £1,129pcm |
| June 2014 | 8% | £1,060pcm |
| June 2013 | 3.7% | £981pcm |
| June 2012 | 1.9% | £946pcm |
| June 2011 | 3.9% | £929pcm |
| June 2010 | 9.2% | £894pcm |
| June 2009 | -5.7% | £818pcm |
| June 2008 | 2.3% | £868pcm |
| June 2007 | 0% | £848pcm |
Sales History
The last recorded sale was on 31st May 2024 for £350,000 and since then the market in the area has increased by 1.9%.
HP1 3QY has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold May 2024£350,000 | 3 Bed House166, Spring Lane, Hemel Hempstead, HP1 3QY166, Spring Lane, Hemel Hempstead, HP1 3QY
- Sold Aug 2023£485,000 | 4 Bed House85, Spring Lane, Hemel Hempstead, HP1 3QY85, Spring Lane, Hemel Hempstead, HP1 3QY
- Sold Apr 2022£456,500 | 3 Bed House154, Spring Lane, Hemel Hempstead, HP1 3QY154, Spring Lane, Hemel Hempstead, HP1 3QY
Nearby Postcodes
HP1 3QY is the 332nd largest and the 206th most expensive postcode out of the 600 postcodes in the HP1 area.
- HP1 3QX, Spring Lane, Hemel Hempstead, HP1HP1 3QX18 Addresses|57 m away
- HP1 3RA, Hasedines Road, Hemel Hempstead, HP1HP1 3RA25 Addresses|69 m away
- HP1 3RB, Spring Lane, Hemel Hempstead, HP1HP1 3RB13 Addresses|94 m away
- HP1 2QG, Furlongs, Hemel Hempstead, HP1HP1 2QG23 Addresses|110 m away
- HP1 3QT, Quartermass Road, Hemel Hempstead, HP1HP1 3QT13 Addresses|129 m away
Property Types
- 13 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- mid-century house (13)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (7)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold May 2016£650,250 | 5 Bed House27, Spring Lane, Hemel Hempstead, HP1 3QH27, Spring Lane, Hemel Hempstead, HP1 3QH
- Sold Aug 2022£575,000 | 4 Bed House12, Spring Lane, Hemel Hempstead, HP1 3QH12, Spring Lane, Hemel Hempstead, HP1 3QH
- Sold Jan 2024£555,000 | 4 Bed House25, Spring Lane, Hemel Hempstead, HP1 3QH25, Spring Lane, Hemel Hempstead, HP1 3QH
Schools Nearby
- Micklem Primary School300 m away
- Galley Hill Primary School and Nursery500 m away
- St Cuthbert Mayne Voluntary Catholic Junior Academy700 m away
- John F Kennedy Catholic School600 m away
- Laureate Academy700 m away
- The Hemel Hempstead School1.5 km away
More reading links
Public Transport Nearby
The closest station to HP1 3QY is Hemel Hempstead station, which is 1.9 kilometres away.
- Hemel Hempstead|1.9 km away
- Apsley|3.6 km away
- Berkhamsted|4.8 km away
- Kings Langley|7.0 km away
