Fletcher Way - HP2 5RZ
Key Postcode Insights
HP2 5RZ is a residential postcode situated on Fletcher Way, Hemel Hempstead, HP2 with 33 addresses.
It ranks as the 724th largest and 338th 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 33 properties: 18 houses, 8 flats and 7 other properties.
- Ave. Sale Price
- £336,614
- 10 Year change
- up 17.4%
- Ave. Rental Price
- £1,809pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £404/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
HP2 5RZ is a residential postcode situated on Fletcher Way, Hemel Hempstead, HP2 with 33 addresses.
It ranks as the 724th largest and 338th 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 33 properties: 18 houses, 8 flats and 7 other properties.
- Ave. Sale Price
- £336,614
- 10 Year change
- up 17.4%
- Ave. Rental Price
- £1,809pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £404/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties in HP2 5RZ
- 124 Fletcher Way
House
- 126 Fletcher Way
3 Bed Mid-century House
- 128 Fletcher Way
3 Bed Mid-century House
- 130 Fletcher Way
3 Bed Mid-century House
- 132 Fletcher Way
House
Sales Market Trends
The last sale in HP2 5RZ sold for £325,000 on 28th August 2025. Since then prices are up an average of 1.1%.
The current average value in the postcode is £336,614.
The HP2 5RZ Sales Market has increased by 17.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £336,614 |
| June 2025 | 1.4% | £335,325 |
| June 2024 | -0.1% | £330,698 |
| June 2023 | -1.7% | £330,908 |
| June 2022 | 8.5% | £336,774 |
| June 2021 | 3.4% | £310,283 |
| June 2020 | 1.5% | £300,207 |
| June 2019 | -1.8% | £295,762 |
| June 2018 | -0.6% | £301,278 |
| June 2017 | 5.8% | £303,214 |
| June 2016 | 14% | £286,697 |
| June 2015 | 14.6% | £251,446 |
| June 2014 | 10.1% | £219,317 |
| June 2013 | 4.8% | £199,257 |
| June 2012 | 2.5% | £190,043 |
| June 2011 | -0.3% | £185,362 |
| June 2010 | 10.2% | £185,986 |
| June 2009 | -12.4% | £168,804 |
| June 2008 | -3.2% | £192,682 |
| June 2007 | 0% | £199,097 |
Rental Market Trends
The current average rental value in the postcode is £1,809.
The HP2 5RZ Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,809pcm |
| June 2025 | 3.9% | £1,734pcm |
| June 2024 | 9.6% | £1,669pcm |
| June 2023 | 8.7% | £1,522pcm |
| June 2022 | 7.6% | £1,400pcm |
| June 2021 | 2.8% | £1,301pcm |
| June 2020 | 1.7% | £1,266pcm |
| June 2019 | 1.1% | £1,245pcm |
| June 2018 | -3.2% | £1,232pcm |
| June 2017 | 2.9% | £1,272pcm |
| June 2016 | 7% | £1,237pcm |
| June 2015 | 7.5% | £1,157pcm |
| June 2014 | 8.9% | £1,076pcm |
| June 2013 | 5% | £988pcm |
| June 2012 | 0% | £941pcm |
| June 2011 | 3.2% | £941pcm |
| June 2010 | 4.7% | £912pcm |
| June 2009 | -5.6% | £871pcm |
| June 2008 | 0.4% | £923pcm |
| June 2007 | 0% | £919pcm |
Sales History
The last recorded sale was on 28th August 2025 for £325,000 and since then the market in the area has increased by 1.1%.
HP2 5RZ has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Aug 2025£325,000 | 3 Bed House130, Fletcher Way, Hemel Hempstead, HP2 5RZ130, Fletcher Way, Hemel Hempstead, HP2 5RZ
- Sold Oct 2024£425,000 | 4 Bed House137, Fletcher Way, Hemel Hempstead, HP2 5RZ137, Fletcher Way, Hemel Hempstead, HP2 5RZ
- Sold Aug 2024£330,000 | 3 Bed Flat143, Fletcher Way, Hemel Hempstead, HP2 5RZ143, Fletcher Way, Hemel Hempstead, HP2 5RZ
Nearby Postcodes
HP2 5RZ is the 724th largest and the 338th most expensive postcode out of the 908 postcodes in the HP2 area.
- HP2 5RY, Glanfield, Hemel Hempstead, HP2HP2 5RY6 Addresses|75 m away
- HP2 5SD, Bowmans Court, Hemel Hempstead, HP2HP2 5SD35 Addresses|81 m away
- HP2 5RT, Bathurst Road, Hemel Hempstead, HP2HP2 5RT42 Addresses|97 m away
- HP2 5BA, Paston Road, Hemel Hempstead, HP2HP2 5BA34 Addresses|99 m away
- HP2 5AZ, Paston Road, Hemel Hempstead, HP2HP2 5AZ27 Addresses|123 m away
Property Types
- 16 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 7 other addresses of unknown type
- mid-century house (16)
- mid-century flat (8)
- house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 25 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (1)
- C (16)
- G (0)
- D (6)
- No EPC (8)
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 School400 m away
- George Street Primary School600 m away
- Jupiter Primary School800 m away
- Laureate Academy1.5 km away
- The Astley Cooper School1.7 km away
- The Adeyfield Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to HP2 5RZ is Hemel Hempstead station, which is 3.1 kilometres away.
- Hemel Hempstead|3.1 km away
- Apsley|3.6 km away
- Berkhamsted|6.6 km away
- Kings Langley|6.8 km away
