Fletcher Way - HP2 5RR
Key Postcode Insights
HP2 5RR is a residential postcode situated on Fletcher Way, Hemel Hempstead, HP2 with 57 addresses.
It ranks as the 895th largest and 432nd 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 57 properties: 37 houses, 12 flats and 8 other properties.
- Ave. Sale Price
- £339,951
- 10 Year change
- up 15.5%
- Ave. Rental Price
- £1,769pcm
- 10 Year change
- up 43.8%
- Ave. £ per ft²
- £433/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
HP2 5RR is a residential postcode situated on Fletcher Way, Hemel Hempstead, HP2 with 57 addresses.
It ranks as the 895th largest and 432nd 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 57 properties: 37 houses, 12 flats and 8 other properties.
- Ave. Sale Price
- £339,951
- 10 Year change
- up 15.5%
- Ave. Rental Price
- £1,769pcm
- 10 Year change
- up 43.8%
- Ave. £ per ft²
- £433/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Properties in HP2 5RR
- Robin House
Modern Building | 5 Units
- 78 Fletcher Way
5 Bed Mid-century House
- 80 Fletcher Way
3 Bed Mid-century House
- 81 Fletcher Way
3 Bed Mid-century House
- 82 Fletcher Way
3 Bed Mid-century House
Sales Market Trends
The last sale in HP2 5RR sold for £440,000 on 25th July 2025. Since then prices are up an average of 0.8%.
The current average value in the postcode is £339,951.
The HP2 5RR Sales Market has increased by 15.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £339,951 |
| June 2025 | 1% | £338,867 |
| June 2024 | 0.2% | £335,541 |
| June 2023 | -2.1% | £334,908 |
| June 2022 | 8% | £342,095 |
| June 2021 | 2.8% | £316,870 |
| June 2020 | 1.7% | £308,178 |
| June 2019 | -1.6% | £303,083 |
| June 2018 | -0.8% | £308,118 |
| June 2017 | 5.5% | £310,706 |
| June 2016 | 13.5% | £294,439 |
| June 2015 | 14.1% | £259,474 |
| June 2014 | 9.5% | £227,343 |
| June 2013 | 4.3% | £207,574 |
| June 2012 | 2.5% | £198,978 |
| June 2011 | -0.2% | £194,187 |
| June 2010 | 10% | £194,536 |
| June 2009 | -11.7% | £176,881 |
| June 2008 | -3% | £200,306 |
| June 2007 | 0% | £206,606 |
Rental Market Trends
The current average rental value in the postcode is £1,769.
The HP2 5RR Rental Market has increased by 43.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,769pcm |
| June 2025 | 3.5% | £1,697pcm |
| June 2024 | 9.9% | £1,640pcm |
| June 2023 | 8.3% | £1,492pcm |
| June 2022 | 7% | £1,378pcm |
| June 2021 | 2.3% | £1,287pcm |
| June 2020 | 1.8% | £1,258pcm |
| June 2019 | 1.3% | £1,236pcm |
| June 2018 | -3.4% | £1,220pcm |
| June 2017 | 2.6% | £1,263pcm |
| June 2016 | 6.4% | £1,231pcm |
| June 2015 | 7% | £1,156pcm |
| June 2014 | 8.4% | £1,081pcm |
| June 2013 | 4.5% | £997pcm |
| June 2012 | -0.1% | £954pcm |
| June 2011 | 3.4% | £955pcm |
| June 2010 | 4.5% | £924pcm |
| June 2009 | -4.9% | £884pcm |
| June 2008 | 0.6% | £929pcm |
| June 2007 | 0% | £924pcm |
Sales History
The last recorded sale was on 25th July 2025 for £440,000 and since then the market in the area has increased by 0.8%.
HP2 5RR has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Jul 2025£440,000 | 3 Bed House81, Fletcher Way, Hemel Hempstead, HP2 5RR81, Fletcher Way, Hemel Hempstead, HP2 5RR
- Sold Jul 2025£330,000 | 3 Bed House80, Fletcher Way, Hemel Hempstead, HP2 5RR80, Fletcher Way, Hemel Hempstead, HP2 5RR
- Sold Jan 2025£330,000 | 3 Bed House84, Fletcher Way, Hemel Hempstead, HP2 5RR84, Fletcher Way, Hemel Hempstead, HP2 5RR
Nearby Postcodes
HP2 5RR is the 895th largest and the 432nd most expensive postcode out of the 908 postcodes in the HP2 area.
- HP2 5YH, Thriftfield, Hemel Hempstead, HP2HP2 5YH46 Addresses|102 m away
- HP2 5YJ, Thriftfield, Hemel Hempstead, HP2HP2 5YJ35 Addresses|137 m away
- HP2 5BA, Paston Road, Hemel Hempstead, HP2HP2 5BA34 Addresses|148 m away
- HP2 5YT, Wheatfield, Hemel Hempstead, HP2HP2 5YT21 Addresses|151 m away
- HP2 5RT, Bathurst Road, Hemel Hempstead, HP2HP2 5RT42 Addresses|160 m away
Property Types
- 1 modern house built after 1980
- 5 modern flats built after 1980
- 35 mid-century houses built between 1936 and 1979
- 7 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- modern house (1)
- modern flat (5)
- mid-century house (35)
- mid-century flat (7)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 48 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (4)
- F (0)
- C (25)
- G (0)
- D (15)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Dec 2021£585,000 | 5 Bed House78, Fletcher Way, Hemel Hempstead, HP2 5RR78, Fletcher Way, Hemel Hempstead, HP2 5RR
- Sold Jun 2022£500,000 | 4 Bed House225, Fletcher Way, Hemel Hempstead, HP2 5QR225, Fletcher Way, Hemel Hempstead, HP2 5QR
- Sold Jul 2025£440,000 | 3 Bed House81, Fletcher Way, Hemel Hempstead, HP2 5RR81, Fletcher Way, Hemel Hempstead, HP2 5RR
Schools Nearby
- Yewtree Primary School600 m away
- George Street Primary School600 m away
- Jupiter Primary School1.0 km away
- Laureate Academy1.3 km away
- The Astley Cooper School1.8 km away
- The Adeyfield Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to HP2 5RR is Hemel Hempstead station, which is 3.0 kilometres away.
- Hemel Hempstead|3.0 km away
- Apsley|3.7 km away
- Berkhamsted|6.5 km away
- Kings Langley|6.9 km away
