Malvern Way - HP2 5RB
Key Postcode Insights
HP2 5RB is a residential postcode situated on Malvern Way, Hemel Hempstead, HP2 with 18 addresses.
It ranks as the 459th largest and 449th most expensive of the 908 postcodes in the HP2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 13 houses, 2 flats and 3 other properties.
- Ave. Sale Price
- £341,155
- 10 Year change
- up 15.8%
- Ave. Rental Price
- £1,829pcm
- 10 Year change
- up 44.1%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
HP2 5RB is a residential postcode situated on Malvern Way, Hemel Hempstead, HP2 with 18 addresses.
It ranks as the 459th largest and 449th most expensive of the 908 postcodes in the HP2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 13 houses, 2 flats and 3 other properties.
- Ave. Sale Price
- £341,155
- 10 Year change
- up 15.8%
- Ave. Rental Price
- £1,829pcm
- 10 Year change
- up 44.1%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties in HP2 5RB
- 7 Malvern Way
Building  |  3 Flats
- 9 Malvern Way
4 Bed Modern House
- 11 Malvern Way
3 Bed Mid-century House
- 14 Malvern Way
House
- 15 Malvern Way
4 Bed Mid-century House
Sales Market Trends
The last sale in HP2 5RB sold for £345,000 on 27th February 2026. Since then prices are up an average of 1.5%.
The current average value in the postcode is £341,155.
The HP2 5RB Sales Market has increased by 15.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £341,155 |
| June 2025 | 1.2% | £339,976 |
| June 2024 | 0.1% | £335,976 |
| June 2023 | -2% | £335,557 |
| June 2022 | 8.1% | £342,465 |
| June 2021 | 2.9% | £316,838 |
| June 2020 | 1.6% | £307,763 |
| June 2019 | -1.8% | £303,053 |
| June 2018 | -0.8% | £308,726 |
| June 2017 | 5.6% | £311,333 |
| June 2016 | 13.8% | £294,704 |
| June 2015 | 14.6% | £258,874 |
| June 2014 | 9.8% | £225,962 |
| June 2013 | 4.6% | £205,745 |
| June 2012 | 2.4% | £196,688 |
| June 2011 | -0.3% | £192,033 |
| June 2010 | 9.7% | £192,694 |
| June 2009 | -12.3% | £175,645 |
| June 2008 | -3.2% | £200,256 |
| June 2007 | 0% | £206,831 |
Rental Market Trends
The current average rental value in the postcode is £1,829.
The HP2 5RB Rental Market has increased by 44.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,829pcm |
| June 2025 | 3.7% | £1,754pcm |
| June 2024 | 9.9% | £1,692pcm |
| June 2023 | 8.5% | £1,540pcm |
| June 2022 | 7.1% | £1,420pcm |
| June 2021 | 2.4% | £1,326pcm |
| June 2020 | 1.7% | £1,295pcm |
| June 2019 | 1.1% | £1,273pcm |
| June 2018 | -3.4% | £1,260pcm |
| June 2017 | 2.7% | £1,304pcm |
| June 2016 | 6.8% | £1,269pcm |
| June 2015 | 7.3% | £1,188pcm |
| June 2014 | 8.8% | £1,107pcm |
| June 2013 | 4.8% | £1,018pcm |
| June 2012 | -0.2% | £971pcm |
| June 2011 | 3.2% | £973pcm |
| June 2010 | 4.3% | £943pcm |
| June 2009 | -5.5% | £904pcm |
| June 2008 | 0.5% | £957pcm |
| June 2007 | 0% | £953pcm |
Sales History
The last recorded sale was on 27th February 2026 for £345,000 and since then the market in the area has increased by 1.5%.
HP2 5RB has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Feb 2026£345,000 | 3 Bed House31, Malvern Way, Hemel Hempstead, HP2 5RB31, Malvern Way, Hemel Hempstead, HP2 5RB
- Sold Oct 2025£385,575 | 4 Bed House19, Malvern Way, Hemel Hempstead, HP2 5RB19, Malvern Way, Hemel Hempstead, HP2 5RB
- Sold Feb 2023£380,000 | 3 Bed Flat7, Malvern Way, Hemel Hempstead, HP2 5RB7, Malvern Way, Hemel Hempstead, HP2 5RB
Nearby Postcodes
HP2 5RB is the 459th largest and the 449th most expensive postcode out of the 908 postcodes in the HP2 area.
- HP2 5QZ, Pentland, Hemel Hempstead, HP2HP2 5QZ14 Addresses|50 m away
- HP2 5RD, Cheviots, Hemel Hempstead, HP2HP2 5RD16 Addresses|84 m away
- HP2 5QY, Mendip Way, Hemel Hempstead, HP2HP2 5QY12 Addresses|88 m away
- HP2 5RA, Malvern Way, Hemel Hempstead, HP2HP2 5RA12 Addresses|90 m away
- HP2 5NZ, Hidalgo Court, Hemel Hempstead, HP2HP2 5NZ32 Addresses|94 m away
Property Types
- 4 modern houses built after 1980
- 9 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (4)
- mid-century house (9)
- mid-century flat (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 14 properties.
- The most common rating is D.
- A (1)
- E (0)
- B (2)
- F (0)
- C (5)
- G (0)
- D (6)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2020£400,000 | 4 Bed House15, Malvern Way, Hemel Hempstead, HP2 5RB15, Malvern Way, Hemel Hempstead, HP2 5RB
- Sold Oct 2025£385,575 | 4 Bed House19, Malvern Way, Hemel Hempstead, HP2 5RB19, Malvern Way, Hemel Hempstead, HP2 5RB
- Sold Feb 2023£380,000 | 3 Bed Flat7, Malvern Way, Hemel Hempstead, HP2 5RB7, Malvern Way, Hemel Hempstead, HP2 5RB
Schools Nearby
- Yewtree Primary School200 m away
- Jupiter Primary School200 m away
- Hammond Academy400 m away
- The Astley Cooper School1.3 km away
- The Adeyfield Academy1.4 km away
- Laureate Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to HP2 5RB is Hemel Hempstead station, which is 3.5 kilometres away.
- Hemel Hempstead|3.5 km away
- Apsley|3.7 km away
- Kings Langley|6.7 km away
- Berkhamsted|7.2 km away
