Elstree Road - HP2 7QW
Key Postcode Insights
HP2 7QW is a residential postcode situated on Elstree Road, Hemel Hempstead, HP2 with 19 addresses.
It ranks as the 484th largest and 89th most expensive of the 908 postcodes in the HP2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 19 properties: 2 houses, 10 flats and 7 other properties.
- Ave. Sale Price
- £295,594
- 10 Year change
- up 18.0%
- Ave. Rental Price
- £1,621pcm
- 10 Year change
- up 47.2%
- Ave. £ per ft²
- £352/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
HP2 7QW is a residential postcode situated on Elstree Road, Hemel Hempstead, HP2 with 19 addresses.
It ranks as the 484th largest and 89th most expensive of the 908 postcodes in the HP2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 19 properties: 2 houses, 10 flats and 7 other properties.
- Ave. Sale Price
- £295,594
- 10 Year change
- up 18.0%
- Ave. Rental Price
- £1,621pcm
- 10 Year change
- up 47.2%
- Ave. £ per ft²
- £352/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Properties in HP2 7QW
- 115 Elstree Road
2 Bed Mid-century Flat
- 117 Elstree Road
2 Bed Mid-century Flat
- 119 Elstree Road
2 Bed Mid-century Flat
- 121 Elstree Road
2 Bed Mid-century Flat
- 123 Elstree Road
2 Bed Mid-century Flat
Sales Market Trends
The last sale in HP2 7QW sold for £205,000 on 28th August 2024. Since then prices are up an average of 0.2%.
The current average value in the postcode is £295,594.
The HP2 7QW Sales Market has increased by 18.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £295,594 |
| June 2025 | 1.4% | £295,225 |
| June 2024 | -0.1% | £291,221 |
| June 2023 | -1.8% | £291,488 |
| June 2022 | 8.7% | £296,705 |
| June 2021 | 3.8% | £273,033 |
| June 2020 | 1.5% | £262,919 |
| June 2019 | -1.3% | £259,115 |
| June 2018 | -0.5% | £262,642 |
| June 2017 | 5.4% | £264,036 |
| June 2016 | 12.9% | £250,501 |
| June 2015 | 13.5% | £221,825 |
| June 2014 | 9.7% | £195,401 |
| June 2013 | 4.6% | £178,055 |
| June 2012 | 2.6% | £170,287 |
| June 2011 | 0.4% | £165,942 |
| June 2010 | 11.6% | £165,240 |
| June 2009 | -11.4% | £148,060 |
| June 2008 | -3.1% | £167,058 |
| June 2007 | 0% | £172,382 |
Rental Market Trends
The current average rental value in the postcode is £1,621.
The HP2 7QW Rental Market has increased by 47.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,621pcm |
| June 2025 | 3.9% | £1,557pcm |
| June 2024 | 9.5% | £1,498pcm |
| June 2023 | 8.6% | £1,368pcm |
| June 2022 | 7.8% | £1,259pcm |
| June 2021 | 3.3% | £1,168pcm |
| June 2020 | 1.7% | £1,131pcm |
| June 2019 | 1.5% | £1,112pcm |
| June 2018 | -3% | £1,095pcm |
| June 2017 | 2.5% | £1,129pcm |
| June 2016 | 5.8% | £1,101pcm |
| June 2015 | 6.6% | £1,041pcm |
| June 2014 | 8.3% | £976pcm |
| June 2013 | 4.6% | £902pcm |
| June 2012 | 0.3% | £862pcm |
| June 2011 | 4% | £859pcm |
| June 2010 | 6% | £826pcm |
| June 2009 | -4.5% | £780pcm |
| June 2008 | 0.5% | £816pcm |
| June 2007 | 0% | £812pcm |
Sales History
The last recorded sale was on 28th August 2024 for £205,000 and since then the market in the area has increased by 0.2%.
HP2 7QW has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Aug 2024£205,000 | 2 Bed Flat133, Elstree Road, Hemel Hempstead, HP2 7QW133, Elstree Road, Hemel Hempstead, HP2 7QW
- Sold Aug 2024£170,000 | 2 Bed Flat135, Elstree Road, Hemel Hempstead, HP2 7QW135, Elstree Road, Hemel Hempstead, HP2 7QW
- Sold Sep 2020£185,000 | 2 Bed Flat117, Elstree Road, Hemel Hempstead, HP2 7QW117, Elstree Road, Hemel Hempstead, HP2 7QW
Nearby Postcodes
HP2 7QW is the 484th largest and the 89th most expensive postcode out of the 908 postcodes in the HP2 area.
- HP2 7QN, Elstree Road, Hemel Hempstead, HP2HP2 7QN24 Addresses|32 m away
- HP2 7QP, Elstree Road, Hemel Hempstead, HP2HP2 7QP23 Addresses|78 m away
- HP2 7NY, Aston View, Hemel Hempstead, HP2HP2 7NY41 Addresses|82 m away
- HP2 7PA, Roydon Court, Hemel Hempstead, HP2HP2 7PA45 Addresses|105 m away
- HP2 7QD, Dunster Road, Hemel Hempstead, HP2HP2 7QD5 Addresses|105 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 10 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 7 other addresses of unknown type
- mid-century house (1)
- mid-century flat (10)
- house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (6)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Mar 2025£520,000 | 4 Bed House4, Elstree Road, Hemel Hempstead, HP2 7NE4, Elstree Road, Hemel Hempstead, HP2 7NE
- Sold Jan 2019£485,000 | 4 Bed House98, Elstree Road, Hemel Hempstead, HP2 7QP98, Elstree Road, Hemel Hempstead, HP2 7QP
- Sold Feb 2021£475,000 | 4 Bed House6, Elstree Road, Hemel Hempstead, HP2 7NE6, Elstree Road, Hemel Hempstead, HP2 7NE
Schools Nearby
- Holtsmere End Junior School500 m away
- Holtsmere End Infant and Nursery School500 m away
- Brockswood Primary School600 m away
- The Astley Cooper School600 m away
- The Adeyfield Academy3.1 km away
- Laureate Academy3.7 km away
More reading links
Public Transport Nearby
The closest station to HP2 7QW is Hemel Hempstead station, which is 5.3 kilometres away.
- Hemel Hempstead|5.3 km away
- Apsley|5.5 km away
- Harpenden|7.4 km away
- St Albans Abbey|8.1 km away
