Laureate Way - HP1 3RL
Key Postcode Insights
HP1 3RL is a residential postcode situated on Laureate Way, Hemel Hempstead, HP1 with 27 addresses.
It ranks as the 447th largest and 311th most expensive of the 600 postcodes in the HP1 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 27 properties: 27 houses.
- Ave. Sale Price
- £447,579
- 10 Year change
- up 18.4%
- Ave. Rental Price
- £1,811pcm
- 10 Year change
- up 51.8%
- Ave. £ per ft²
- £593/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
HP1 3RL is a residential postcode situated on Laureate Way, Hemel Hempstead, HP1 with 27 addresses.
It ranks as the 447th largest and 311th most expensive of the 600 postcodes in the HP1 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 27 properties: 27 houses.
- Ave. Sale Price
- £447,579
- 10 Year change
- up 18.4%
- Ave. Rental Price
- £1,811pcm
- 10 Year change
- up 51.8%
- Ave. £ per ft²
- £593/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin HP1 3RL
- 1 Laureate Way
3 Bed Modern House
- 3 Laureate Way
3 Bed Modern House
- 5 Laureate Way
3 Bed Modern House
- 7 Laureate Way
2 Bed Modern House
- 9 Laureate Way
Unknown
Sales Market Trends
The last sale in HP1 3RL sold for £420,000 on 19th February 2026. Since then prices are up an average of 1.1%.
The current average value in the postcode is £447,579.
The HP1 3RL Sales Market has increased by 18.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £447,579 |
| June 2025 | 1.7% | £447,795 |
| June 2024 | -1.9% | £440,238 |
| June 2023 | 0.5% | £448,796 |
| June 2022 | 9.1% | £446,706 |
| June 2021 | 5% | £409,469 |
| June 2020 | 0.2% | £390,056 |
| June 2019 | -2.1% | £389,212 |
| June 2018 | 0.5% | £397,645 |
| June 2017 | 4.7% | £395,732 |
| June 2016 | 15.4% | £378,124 |
| June 2015 | 9.5% | £327,616 |
| June 2014 | 14.2% | £299,164 |
| June 2013 | 5.7% | £262,080 |
| June 2012 | 0% | £247,952 |
| June 2011 | 0.8% | £247,848 |
| June 2010 | 17.1% | £245,956 |
| June 2009 | -13.1% | £210,097 |
| June 2008 | -2.1% | £241,776 |
| June 2007 | 0% | £247,004 |
Rental Market Trends
The current average rental value in the postcode is £1,811.
The HP1 3RL Rental Market has increased by 51.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,811pcm |
| June 2025 | 5.4% | £1,729pcm |
| June 2024 | 7.3% | £1,640pcm |
| June 2023 | 7.9% | £1,529pcm |
| June 2022 | 9.2% | £1,418pcm |
| June 2021 | 6% | £1,298pcm |
| June 2020 | 1.6% | £1,225pcm |
| June 2019 | -0.1% | £1,206pcm |
| June 2018 | -0.1% | £1,208pcm |
| June 2017 | 1.4% | £1,209pcm |
| June 2016 | 6.1% | £1,193pcm |
| June 2015 | 6.5% | £1,124pcm |
| June 2014 | 7.9% | £1,055pcm |
| June 2013 | 3.7% | £978pcm |
| June 2012 | 1.9% | £943pcm |
| June 2011 | 3.9% | £926pcm |
| June 2010 | 9.3% | £891pcm |
| June 2009 | -5.7% | £816pcm |
| June 2008 | 2.3% | £865pcm |
| June 2007 | 0% | £846pcm |
Sales History
The last sale was on 19th February 2026 for £420,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 71 sales since 1995.
HP1 3RL has seen 6 sales in the last three years and 3 sales in the last twelve months.
- Sold Feb 2026£420,000 | 3 Bed House5, Laureate Way, Hemel Hempstead, HP1 3RL5, Laureate Way, Hemel Hempstead, HP1 3RL
- Sold Sep 2025£337,500 | 3 Bed House11, Laureate Way, Hemel Hempstead, HP1 3RL11, Laureate Way, Hemel Hempstead, HP1 3RL
- Sold Aug 2025£475,000 | 3 Bed House45, Laureate Way, Hemel Hempstead, HP1 3RL45, Laureate Way, Hemel Hempstead, HP1 3RL
- Sold Jun 2025£595,000 | 3 Bed House47, Laureate Way, Hemel Hempstead, HP1 3RL47, Laureate Way, Hemel Hempstead, HP1 3RL
- Sold Mar 2025£660,000 | 4 Bed House51, Laureate Way, Hemel Hempstead, HP1 3RL51, Laureate Way, Hemel Hempstead, HP1 3RL
Nearby Postcodes
HP1 3RL is the 447th largest and the 311th most expensive postcode out of the 600 postcodes in the HP1 area.
- HP1 3EH, Gadebridge Lane, Hemel Hempstead, HP1HP1 3EH3 Addresses|51 m away
- HP1 3EZ, Willow Way, Hemel Hempstead, HP1HP1 3EZ19 Addresses|60 m away
- HP1 3RT, Laureate Way, Hemel Hempstead, HP1HP1 3RT25 Addresses|61 m away
- HP1 3RN, Poets Chase, Hemel Hempstead, HP1HP1 3RN27 Addresses|84 m away
- HP1 3RP, Minstrel Close, Hemel Hempstead, HP1HP1 3RP11 Addresses|103 m away
Property Types
- 21 modern houses built after 1980
- 6 other addresses of unknown type
- modern house (21)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (10)
- G (0)
- D (10)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Mar 2025£660,000 | 4 Bed House51, Laureate Way, Hemel Hempstead, HP1 3RL51, Laureate Way, Hemel Hempstead, HP1 3RL
- Sold Jan 2026£625,000 | 4 Bed House58, Laureate Way, Hemel Hempstead, HP1 3RU58, Laureate Way, Hemel Hempstead, HP1 3RU
- Sold Jun 2022£620,000 | 4 Bed House49, Laureate Way, Hemel Hempstead, HP1 3RL49, Laureate Way, Hemel Hempstead, HP1 3RL
Schools Nearby
- St Cuthbert Mayne Voluntary Catholic Junior Academy300 m away
- Galley Hill Primary School and Nursery400 m away
- Gade Valley Primary School400 m away
- Laureate Academy500 m away
- John F Kennedy Catholic School1.0 km away
- The Hemel Hempstead School1.5 km away
More reading links
Public Transport Nearby
The closest station to HP1 3RL is Hemel Hempstead station, which is 2.2 kilometres away.
- Hemel Hempstead|2.2 km away
- Apsley|3.6 km away
- Berkhamsted|5.2 km away
- Kings Langley|7.0 km away
