Laureate Way - HP1 3RW
Key Postcode Insights
HP1 3RW is a residential postcode situated on Laureate Way, Hemel Hempstead, HP1 with 10 addresses.
It ranks as the 157th largest of the 600 postcodes in the HP1 area.
The postcode contains a total of 10 properties: 5 houses and 5 other properties.
- Ave. Sale Price
- £497,014
- 10 Year change
- up 18.2%
- Ave. Rental Price
- £2,058pcm
- 10 Year change
- up 51.6%
- Ave. £ per ft²
- £509/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
HP1 3RW is a residential postcode situated on Laureate Way, Hemel Hempstead, HP1 with 10 addresses.
It ranks as the 157th largest of the 600 postcodes in the HP1 area.
The postcode contains a total of 10 properties: 5 houses and 5 other properties.
- Ave. Sale Price
- £497,014
- 10 Year change
- up 18.2%
- Ave. Rental Price
- £2,058pcm
- 10 Year change
- up 51.6%
- Ave. £ per ft²
- £509/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Properties in HP1 3RW
- 57 Laureate Way
House
- 59 Laureate Way
3 Bed Modern House
- 61 Laureate Way
3 Bed Modern House
- 63 Laureate Way
House
- 65 Laureate Way
3 Bed Modern House
Sales Market Trends
The last sale in HP1 3RW sold for £495,000 on 28th February 2025. Since then prices are up an average of 1.0%.
The current average value in the postcode is £497,014.
The HP1 3RW Sales Market has increased by 18.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £497,014 |
| June 2025 | 1.6% | £497,622 |
| June 2024 | -2% | £489,717 |
| June 2023 | 0.3% | £499,531 |
| June 2022 | 9.1% | £498,165 |
| June 2021 | 5.2% | £456,746 |
| June 2020 | 0.3% | £434,106 |
| June 2019 | -1.8% | £432,896 |
| June 2018 | 0.5% | £440,858 |
| June 2017 | 4.4% | £438,875 |
| June 2016 | 14.6% | £420,557 |
| June 2015 | 8.9% | £366,957 |
| June 2014 | 13.7% | £337,083 |
| June 2013 | 5.4% | £296,430 |
| June 2012 | 0.2% | £281,211 |
| June 2011 | 1.2% | £280,512 |
| June 2010 | 17.9% | £277,123 |
| June 2009 | -12.6% | £235,126 |
| June 2008 | -2.2% | £269,081 |
| June 2007 | 0% | £275,103 |
Rental Market Trends
The current average rental value in the postcode is £2,058.
The HP1 3RW Rental Market has increased by 51.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £2,058pcm |
| June 2025 | 5.3% | £1,966pcm |
| June 2024 | 7.2% | £1,867pcm |
| June 2023 | 7.7% | £1,741pcm |
| June 2022 | 9.2% | £1,617pcm |
| June 2021 | 6.2% | £1,482pcm |
| June 2020 | 1.6% | £1,395pcm |
| June 2019 | 0.2% | £1,373pcm |
| June 2018 | -0.2% | £1,370pcm |
| June 2017 | 1.1% | £1,372pcm |
| June 2016 | 5.4% | £1,358pcm |
| June 2015 | 5.9% | £1,288pcm |
| June 2014 | 7.4% | £1,216pcm |
| June 2013 | 3.4% | £1,132pcm |
| June 2012 | 2.1% | £1,095pcm |
| June 2011 | 4.4% | £1,072pcm |
| June 2010 | 10% | £1,027pcm |
| June 2009 | -5.2% | £934pcm |
| June 2008 | 2.2% | £985pcm |
| June 2007 | 0% | £964pcm |
Sales History
The last recorded sale was on 28th February 2025 for £495,000 and since then the market in the area has increased by 1.0%.
HP1 3RW has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Feb 2025£495,000 | 3 Bed House61, Laureate Way, Hemel Hempstead, HP1 3RW61, Laureate Way, Hemel Hempstead, HP1 3RW
- Sold Apr 2024£475,000 | 3 Bed House59, Laureate Way, Hemel Hempstead, HP1 3RW59, Laureate Way, Hemel Hempstead, HP1 3RW
- Sold Jul 2016£425,000 | 3 Bed House69, Laureate Way, Hemel Hempstead, HP1 3RW69, Laureate Way, Hemel Hempstead, HP1 3RW
Nearby Postcodes
HP1 3RW is the 157th largest and the 410th most expensive postcode out of the 600 postcodes in the HP1 area.
- HP1 3RU, Laureate Way, Hemel Hempstead, HP1HP1 3RU11 Addresses|55 m away
- HP1 3RR, Bards Corner, Hemel Hempstead, HP1HP1 3RR6 Addresses|61 m away
- HP1 3RS, The Sonnets, Hemel Hempstead, HP1HP1 3RS16 Addresses|76 m away
- HP1 3HJ, Betjeman Way, Hemel Hempstead, HP1HP1 3HJ50 Addresses|76 m away
- HP1 3RN, Poets Chase, Hemel Hempstead, HP1HP1 3RN27 Addresses|90 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- No EPC (5)
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 Academy200 m away
- Gade Valley Primary School300 m away
- Galley Hill Primary School and Nursery500 m away
- Laureate Academy400 m away
- John F Kennedy Catholic School1.1 km away
- The Hemel Hempstead School1.3 km away
More reading links
Public Transport Nearby
The closest station to HP1 3RW is Hemel Hempstead station, which is 2.1 kilometres away.
- Hemel Hempstead|2.1 km away
- Apsley|3.5 km away
- Berkhamsted|5.4 km away
- Kings Langley|6.8 km away