Lower Road - HP3 8RT
Key Postcode Insights
HP3 8RT is a residential postcode situated on Lower Road, Nash Mills, Hemel Hempstead, HP3 with 11 addresses.
It ranks as the 231st largest and 281st most expensive of the 721 postcodes in the HP3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 10 houses and 1 flat.
- Ave. Sale Price
- £424,733
- 10 Year change
- up 16.2%
- Ave. Rental Price
- £1,899pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £528/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
HP3 8RT is a residential postcode situated on Lower Road, Nash Mills, Hemel Hempstead, HP3 with 11 addresses.
It ranks as the 231st largest and 281st most expensive of the 721 postcodes in the HP3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 10 houses and 1 flat.
- Ave. Sale Price
- £424,733
- 10 Year change
- up 16.2%
- Ave. Rental Price
- £1,899pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £528/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin HP3 8RT
- Shafford Cottages
Period Building | 10 Units
- Shafford Knoll Farm
4 Bed Mid-century House
Sales Market Trends
The last sale in HP3 8RT sold for £375,000 on 1st December 2023. Since then prices are up an average of 2.2%.
The current average value in the postcode is £424,733.
The HP3 8RT Sales Market has increased by 16.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £424,733 |
| June 2025 | 0.9% | £426,266 |
| June 2024 | -0.7% | £422,588 |
| June 2023 | 1.4% | £425,709 |
| June 2022 | 4.9% | £419,736 |
| June 2021 | 8.7% | £400,289 |
| June 2020 | -0.7% | £368,141 |
| June 2019 | -0.6% | £370,792 |
| June 2018 | -0.1% | £373,076 |
| June 2017 | 2.2% | £373,342 |
| June 2016 | 12.8% | £365,483 |
| June 2015 | 10.8% | £323,883 |
| June 2014 | 14.7% | £292,248 |
| June 2013 | 0.9% | £254,735 |
| June 2012 | 1.3% | £252,562 |
| June 2011 | 1.4% | £249,233 |
| June 2010 | 11.7% | £245,724 |
| June 2009 | -11% | £220,035 |
| June 2008 | 0.2% | £247,216 |
| June 2007 | 0% | £246,625 |
Rental Market Trends
The current average rental value in the postcode is £1,899.
The HP3 8RT Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,899pcm |
| June 2025 | 6.8% | £1,821pcm |
| June 2024 | 5.7% | £1,705pcm |
| June 2023 | 11.3% | £1,614pcm |
| June 2022 | 8.8% | £1,450pcm |
| June 2021 | 5.6% | £1,333pcm |
| June 2020 | 0.9% | £1,262pcm |
| June 2019 | -0.5% | £1,251pcm |
| June 2018 | 0.4% | £1,257pcm |
| June 2017 | 0.7% | £1,252pcm |
| June 2016 | 2.4% | £1,244pcm |
| June 2015 | 9.2% | £1,214pcm |
| June 2014 | 6.2% | £1,112pcm |
| June 2013 | 2% | £1,047pcm |
| June 2012 | 3.5% | £1,027pcm |
| June 2011 | 5.2% | £992pcm |
| June 2010 | 9% | £943pcm |
| June 2009 | -8.8% | £865pcm |
| June 2008 | 2.6% | £949pcm |
| June 2007 | 0% | £924pcm |
Sales History
The last sale was on 1st December 2023 for £375,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 25 sales since 1995.
HP3 8RT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£375,000 | 3 Bed House1 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT1 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT
- Sold Jun 2022£465,000 | 3 Bed House6 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT6 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT
- Sold Apr 2019£350,000 | 3 Bed House2 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT2 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT
- Sold Mar 2019£360,000 | 3 Bed House5 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT5 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT
- Sold Apr 2018£330,000 | 3 Bed House6 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT6 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT
Nearby Postcodes
HP3 8RT is the 231st largest and the 281st most expensive postcode out of the 721 postcodes in the HP3 area.
- HP3 8RU, Lower Road, Nash Mills, Hemel Hempstead, HP3HP3 8RU11 Addresses|180 m away
- HP3 8RX, Parkside, Nash Mills, Hemel Hempstead, HP3HP3 8RX9 Addresses|216 m away
- HP3 8RY, Hyde Lane, Nash Mills, Hemel Hempstead, HP3HP3 8RY28 Addresses|289 m away
- HP3 9BP, Rose Lane, Nash Mills Wharf, Hemel Hempstead, HP3HP3 9BP2 Addresses|317 m away
- HP3 8RS, Abbots Hill, Nash Mills, Hemel Hempstead, HP3HP3 8RS1 Addresses|319 m away
Property Types
- 10 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- period house (10)
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (2)
- C (0)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jun 2022£465,000 | 3 Bed House6 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT6 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT
- Sold Mar 2017£375,000 | 3 Bed House8 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT8 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT
- Sold Dec 2023£375,000 | 3 Bed House1 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT1 Shafford Cottages, Lower Road, Hemel Hempstead, HP3 8RT
Schools Nearby
- Nash Mills Church of England Primary School800 m away
- Kings Langley Primary School1.1 km away
- Belswains Primary School1.4 km away
- Kings Langley School1.5 km away
- Longdean School1.8 km away
- The Adeyfield Academy3.0 km away
More reading links
Public Transport Nearby
The closest station to HP3 8RT is Apsley station, which is 1.3 kilometres away.
- Apsley|1.3 km away
- Kings Langley|2.3 km away
- Hemel Hempstead|3.5 km away
- Garston (Hertfordshire)|6.3 km away