Spring Way - HP2 7ER
Key Postcode Insights
HP2 7ER is a residential postcode situated on Spring Way, Hemel Hempstead, HP2 with 1 addresses.
It ranks as the 25th largest and 560th most expensive of the 914 postcodes in the HP2 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £397,815
- 10 Year change
- up 22.7%
- Ave. Rental Price
- £1,978pcm
- 10 Year change
- up 54.1%
- Ave. £ per ft²
- £389/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
HP2 7ER is a residential postcode situated on Spring Way, Hemel Hempstead, HP2 with 1 addresses.
It ranks as the 25th largest and 560th most expensive of the 914 postcodes in the HP2 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £397,815
- 10 Year change
- up 22.7%
- Ave. Rental Price
- £1,978pcm
- 10 Year change
- up 54.1%
- Ave. £ per ft²
- £389/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Sales Market Trends
The last sale in HP2 7ER sold for £2,220,000 on 5th July 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £397,815.
The HP2 7ER Sales Market has increased by 22.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 0% | £397,815 |
| July 2025 | 2.1% | £397,982 |
| July 2024 | -0.3% | £389,695 |
| July 2023 | -1.7% | £391,036 |
| July 2022 | 9.6% | £397,801 |
| July 2021 | 5.1% | £363,020 |
| July 2020 | 1.6% | £345,260 |
| July 2019 | -0.2% | £339,952 |
| July 2018 | -0.5% | £340,483 |
| July 2017 | 5.6% | £342,253 |
| July 2016 | 11.9% | £324,252 |
| July 2015 | 13.7% | £289,760 |
| July 2014 | 10.7% | £254,869 |
| July 2013 | 5.2% | £230,157 |
| July 2012 | 3.6% | £218,757 |
| July 2011 | -0.2% | £211,235 |
| July 2010 | 13.4% | £211,741 |
| July 2009 | -9.2% | £186,768 |
| July 2008 | -4.6% | £205,767 |
| July 2007 | 0% | £215,674 |
Rental Market Trends
The current average rental value in the postcode is £1,978.
The HP2 7ER Rental Market has increased by 54.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4.2% | £1,978pcm |
| July 2025 | 4.2% | £1,897pcm |
| July 2024 | 9% | £1,821pcm |
| July 2023 | 9.4% | £1,670pcm |
| July 2022 | 9.2% | £1,527pcm |
| July 2021 | 4.3% | £1,398pcm |
| July 2020 | 2.2% | £1,340pcm |
| July 2019 | 1.8% | £1,312pcm |
| July 2018 | -1.9% | £1,288pcm |
| July 2017 | 2.3% | £1,314pcm |
| July 2016 | 5.6% | £1,284pcm |
| July 2015 | 6.6% | £1,216pcm |
| July 2014 | 8.3% | £1,141pcm |
| July 2013 | 5.5% | £1,053pcm |
| July 2012 | 1% | £998pcm |
| July 2011 | 3.5% | £988pcm |
| July 2010 | 8.1% | £954pcm |
| July 2009 | -3.4% | £883pcm |
| July 2008 | 0% | £914pcm |
| July 2007 | 0% | £914pcm |
Sales History
The last recorded sale was on 5th July 2018 for £2,220,000 and since then the market in the area has remained stable.
HP2 7ER has had 2 sales since 1995, none of them in the last three years.
- Sold Jul 2018£2,220,000 | 3 Bed HouseUnit 3, Spring Park, Spring Way, Hemel Hempstead, HP2 7ERUnit 3, Spring Park, Spring Way, Hemel Hempstead, HP2 7ER
- Sold Jul 2018£2,150,000 | 3 Bed HouseUnit 3, Spring Park, Spring Way, Hemel Hempstead, HP2 7ERUnit 3, Spring Park, Spring Way, Hemel Hempstead, HP2 7ER
Nearby Postcodes
HP2 7ER is the 25th largest and the 560th most expensive postcode out of the 914 postcodes in the HP2 area.
- HP2 7DE, Maylands Avenue, Hemel Hempstead Industrial Estate, Hemel Hempstead, HP2HP2 7DE1 Address|120 m away
- HP2 7UP, Spring Way, Hemel Hempstead, HP2HP2 7UP1 Address|126 m away
- HP2 7DA, Sovereign Park, Hemel Hempstead Industrial Estate, Hemel Hempstead, HP2HP2 7DA9 Addresses|152 m away
- HP2 4BF, Wood Lane End, Hemel Hempstead, HP2HP2 4BF84 Addresses|171 m away
- HP2 7BL, Maxted Road, Hemel Hempstead Industrial Estate, Hemel Hempstead, HP2HP2 7BL1 Address|202 m away
Property Types
- 1 other address of unknown type
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Most Expensive Sales
- Sold Jul 2018£2,220,000 | 3 Bed HouseUnit 3, Spring Park, Spring Way, Hemel Hempstead, HP2 7ERUnit 3, Spring Park, Spring Way, Hemel Hempstead, HP2 7ER
- Sold Jul 2018£2,150,000 | 3 Bed HouseUnit 3, Spring Park, Spring Way, Hemel Hempstead, HP2 7ERUnit 3, Spring Park, Spring Way, Hemel Hempstead, HP2 7ER
Schools Nearby
- Hobletts Manor Infants' School800 m away
- Hobletts Manor Junior School900 m away
- Jupiter Primary School1.2 km away
- The Adeyfield Academy1.2 km away
- The Astley Cooper School1.7 km away
- Longdean School2.2 km away
More reading links
Public Transport Nearby
The closest station to HP2 7ER is Apsley station, which is 3.7 kilometres away.
- Apsley|3.7 km away
- Hemel Hempstead|4.2 km away
- Kings Langley|6.2 km away
- St Albans Abbey|6.8 km away
