HP2 5BE is a residential postcode situated on Alexandra Road, Hemel Hempstead, HP2 with 26 addresses.
It ranks as the 621st largest and 8th most expensive of the 907 postcodes in the HP2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 26 flats.
HP2 5BE is a residential postcode situated on Alexandra Road, Hemel Hempstead, HP2 with 26 addresses.
It ranks as the 621st largest and 8th most expensive of the 907 postcodes in the HP2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 26 flats.
Sale prices range from £128,147 for 1 bedroom leasehold flats (409 ft2) to £180,022 for 3 bedroom leasehold flats (764 ft2) .
Monthly rental prices range from £818 pcm for 1 bed flats to £1,119 pcm for 3 bed flats.
The gross rental yield is between 7.4% and 7.8%.
The average value per square foot is £279.
The last sale in HP2 5BE sold for £135,000 on 28th August 2025. Since then prices are up an average of 0.3%.
The current average value in the postcode is £148,575.
The HP2 5BE Sales Market has increased by 4.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £148,575 |
| April 2025 | -0.6% | £149,226 |
| April 2024 | -0.3% | £150,098 |
| April 2023 | -0.7% | £150,563 |
| April 2022 | 4.6% | £151,595 |
| April 2021 | 0.5% | £144,982 |
| April 2020 | 1.3% | £144,257 |
| April 2019 | -4% | £142,425 |
| April 2018 | -0.6% | £148,328 |
| April 2017 | 4.8% | £149,256 |
| April 2016 | 15.4% | £142,373 |
| April 2015 | 12.6% | £123,330 |
| April 2014 | 9.5% | £109,524 |
| April 2013 | 2.7% | £100,005 |
| April 2012 | -0.3% | £97,352 |
| April 2011 | 0.8% | £97,632 |
| April 2010 | 7.8% | £96,850 |
| April 2009 | -15.8% | £89,823 |
| April 2008 | 1.6% | £106,623 |
| April 2007 | 0% | £104,923 |
The current average rental value in the postcode is £944.
The HP2 5BE Rental Market has increased by 29.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £944pcm |
| April 2025 | 3.8% | £917pcm |
| April 2024 | 9.8% | £883pcm |
| April 2023 | 6.7% | £804pcm |
| April 2022 | 2.7% | £753pcm |
| April 2021 | 1.7% | £733pcm |
| April 2020 | 1.7% | £721pcm |
| April 2019 | -1.6% | £709pcm |
| April 2018 | -2.7% | £720pcm |
| April 2017 | 1.7% | £740pcm |
| April 2016 | 6.9% | £728pcm |
| April 2015 | 7.1% | £681pcm |
| April 2014 | 6.6% | £636pcm |
| April 2013 | 2.4% | £597pcm |
| April 2012 | 0.4% | £582pcm |
| April 2011 | 3.3% | £580pcm |
| April 2010 | 1.6% | £561pcm |
| April 2009 | -7.1% | £552pcm |
| April 2008 | 3% | £594pcm |
| April 2007 | 0% | £577pcm |
The last sale was on 28th August 2025 for £135,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 61 sales since 1995.
HP2 5BE has seen 4 sales in the last three years and 2 sales in the last twelve months.
HP2 5BE is the 621st largest and the 8th most expensive postcode out of the 907 postcodes in the HP2 area.
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The closest station to HP2 5BE is Hemel Hempstead station which is 2.0 kilometres away.
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