Spring Lane - HP1 3RD
Key Postcode Insights
HP1 3RD is a residential postcode situated on Spring Lane, Hemel Hempstead, HP1 with 17 addresses.
It ranks as the 290th largest and 289th 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 17 properties: 17 houses.
- Ave. Sale Price
- £405,912
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £1,837pcm
- 10 Year change
- up 52.1%
- Ave. £ per ft²
- £466/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
HP1 3RD is a residential postcode situated on Spring Lane, Hemel Hempstead, HP1 with 17 addresses.
It ranks as the 290th largest and 289th 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 17 properties: 17 houses.
- Ave. Sale Price
- £405,912
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £1,837pcm
- 10 Year change
- up 52.1%
- Ave. £ per ft²
- £466/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin HP1 3RD
- 155 Spring Lane
Unknown
- 157 Spring Lane
3 Bed Mid-century House
- 167 Spring Lane
3 Bed Mid-century House
- 169 Spring Lane
3 Bed Mid-century House
- 171 Spring Lane
Unknown
Sales Market Trends
The last sale in HP1 3RD sold for £415,000 on 19th September 2025. Since then prices are up an average of 1.2%.
The current average value in the postcode is £405,912.
The HP1 3RD Sales Market has increased by 18.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £405,912 |
| June 2025 | 1.9% | £405,792 |
| June 2024 | -1.9% | £398,373 |
| June 2023 | 0.8% | £405,936 |
| June 2022 | 9.1% | £402,890 |
| June 2021 | 4.7% | £369,185 |
| June 2020 | 0.1% | £352,765 |
| June 2019 | -2.6% | £352,404 |
| June 2018 | 0.5% | £361,674 |
| June 2017 | 5.1% | £359,761 |
| June 2016 | 16.6% | £342,425 |
| June 2015 | 10.3% | £293,745 |
| June 2014 | 14.8% | £266,315 |
| June 2013 | 6.2% | £231,887 |
| June 2012 | -0.3% | £218,424 |
| June 2011 | 0.1% | £219,109 |
| June 2010 | 16.1% | £218,784 |
| June 2009 | -13.8% | £188,443 |
| June 2008 | -2% | £218,608 |
| June 2007 | 0% | £223,117 |
Rental Market Trends
The current average rental value in the postcode is £1,837.
The HP1 3RD Rental Market has increased by 52.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,837pcm |
| June 2025 | 5.6% | £1,752pcm |
| June 2024 | 7.4% | £1,660pcm |
| June 2023 | 8.1% | £1,546pcm |
| June 2022 | 9.2% | £1,430pcm |
| June 2021 | 5.7% | £1,310pcm |
| June 2020 | 1.5% | £1,239pcm |
| June 2019 | -0.6% | £1,221pcm |
| June 2018 | -0.1% | £1,228pcm |
| June 2017 | 1.7% | £1,229pcm |
| June 2016 | 7.2% | £1,208pcm |
| June 2015 | 7.4% | £1,127pcm |
| June 2014 | 8.5% | £1,050pcm |
| June 2013 | 4.1% | £968pcm |
| June 2012 | 1.6% | £930pcm |
| June 2011 | 3.2% | £915pcm |
| June 2010 | 8.3% | £886pcm |
| June 2009 | -6.4% | £819pcm |
| June 2008 | 2.4% | £875pcm |
| June 2007 | 0% | £854pcm |
Sales History
The last sale was on 19th September 2025 for £415,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 20 sales since 1995.
HP1 3RD has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£415,000 | 3 Bed House177, Spring Lane, Hemel Hempstead, HP1 3RD177, Spring Lane, Hemel Hempstead, HP1 3RD
- Sold Oct 2022£405,000 | 3 Bed House175, Spring Lane, Hemel Hempstead, HP1 3RD175, Spring Lane, Hemel Hempstead, HP1 3RD
- Sold Apr 2022£455,500 | 3 Bed House181, Spring Lane, Hemel Hempstead, HP1 3RD181, Spring Lane, Hemel Hempstead, HP1 3RD
- Sold Jan 2020£322,000 | 3 Bed House169, Spring Lane, Hemel Hempstead, HP1 3RD169, Spring Lane, Hemel Hempstead, HP1 3RD
- Sold Aug 2018£362,500 | 3 Bed House181, Spring Lane, Hemel Hempstead, HP1 3RD181, Spring Lane, Hemel Hempstead, HP1 3RD
Nearby Postcodes
HP1 3RD is the 290th largest and the 289th most expensive postcode out of the 600 postcodes in the HP1 area.
- HP1 3RF, Sacombe Road, Hemel Hempstead, HP1HP1 3RF24 Addresses|51 m away
- HP1 3RJ, Spring Lane, Hemel Hempstead, HP1HP1 3RJ20 Addresses|55 m away
- HP1 3RQ, Sacombe Road, Hemel Hempstead, HP1HP1 3RQ21 Addresses|107 m away
- HP1 3RE, Galley Hill, Hemel Hempstead, HP1HP1 3RE24 Addresses|108 m away
- HP1 2QW, Boxted Road, Hemel Hempstead, HP1HP1 2QW29 Addresses|124 m away
Property Types
- 12 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 other addresses of unknown type
- mid-century house (12)
- house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (7)
- G (0)
- D (4)
- No EPC (5)
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
- Galley Hill Primary School and Nursery400 m away
- Micklem Primary School500 m away
- St Cuthbert Mayne Voluntary Catholic Junior Academy900 m away
- John F Kennedy Catholic School500 m away
- Laureate Academy900 m away
- The Hemel Hempstead School1.8 km away
More reading links
Public Transport Nearby
The closest station to HP1 3RD is Hemel Hempstead station, which is 2.2 kilometres away.
- Hemel Hempstead|2.2 km away
- Apsley|3.9 km away
- Berkhamsted|4.6 km away
- Kings Langley|7.3 km away
