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Fairacre is a residential street with 5 addresses.
It ranks as the 42nd largest and 151st most expensive of the 433 streets in the HP3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 5 properties: 5 houses.
Fairacre is a residential street with 5 addresses.
It ranks as the 42nd largest and 151st most expensive of the 433 streets in the HP3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 5 properties: 5 houses.
Sale prices range from £380,421 for 3 bedroom freehold houses with a garden (785 ft2) to £520,311 for 4 bedroom freehold houses with a garden (1,377 ft2) .
Monthly rental prices range from £1,862 pcm for 3 bed houses to £2,342 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 5.9%.
The average value per square foot is £443.
The last sale on Fairacre sold for £338,000 on 9th October 2019. Since then prices are up an average of 20.6%.
The current average value in the street is £433,048.
The Fairacre Sales Market has increased by 23.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.4% | £433,048 |
| May 2025 | 1.9% | £431,127 |
| May 2024 | -0.6% | £422,890 |
| May 2023 | 1% | £425,362 |
| May 2022 | 7.4% | £421,025 |
| May 2021 | 8% | £392,159 |
| May 2020 | 0.4% | £363,267 |
| May 2019 | -1.8% | £361,836 |
| May 2018 | 1.3% | £368,497 |
| May 2017 | 3.9% | £363,750 |
| May 2016 | 13.9% | £349,976 |
| May 2015 | 14.1% | £307,333 |
| May 2014 | 13.1% | £269,325 |
| May 2013 | 1.1% | £238,122 |
| May 2012 | 2.3% | £235,419 |
| May 2011 | 1.1% | £230,085 |
| May 2010 | 10.9% | £227,651 |
| May 2009 | -12.1% | £205,226 |
| May 2008 | 1.6% | £233,568 |
| May 2007 | 0% | £229,794 |
The current average rental value in the street is £2,042.
The Fairacre Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.2% | £2,042pcm |
| May 2025 | 6.3% | £1,960pcm |
| May 2024 | 6.4% | £1,844pcm |
| May 2023 | 13.3% | £1,734pcm |
| May 2022 | 6.4% | £1,530pcm |
| May 2021 | 7.7% | £1,439pcm |
| May 2020 | -0.1% | £1,335pcm |
| May 2019 | 0.3% | £1,336pcm |
| May 2018 | -0.4% | £1,333pcm |
| May 2017 | 1.2% | £1,338pcm |
| May 2016 | 4.8% | £1,323pcm |
| May 2015 | 9.2% | £1,262pcm |
| May 2014 | 6.6% | £1,155pcm |
| May 2013 | 3.1% | £1,083pcm |
| May 2012 | 3.2% | £1,051pcm |
| May 2011 | 3.8% | £1,018pcm |
| May 2010 | 7.9% | £980pcm |
| May 2009 | -5.7% | £909pcm |
| May 2008 | 2.3% | £964pcm |
| May 2007 | 0% | £942pcm |
The last sale was on 9th October 2019 for £338,000 and since then the market in the area has increased by 20.6%. The street has had a total of 5 sales since 1995.
Fairacre, Hemel Hempstead, HP3 has seen no sales in the last three years and no sales in the last twelve months.
Fairacre, Hemel Hempstead, HP3 is the 42nd largest and the 151st most expensive street in the HP3 area.
There is 1 postcode on Fairacre, Hemel Hempstead, HP3.
The closest station to Fairacre, Hemel Hempstead, HP3 is Apsley station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Fairacre, Hemel Hempstead, HP3, 37.3% of property is privately owned with a mortgage and 34.5% is socially rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Fairacre, Hemel Hempstead, HP3, 27.3% of residents are recorded as possessing school level qualifications and 26.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Fairacre, Hemel Hempstead, HP3, the average age was 37.1 and the most common age was 37.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Fairacre, Hemel Hempstead, HP3, 0.7% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Fairacre, Hemel Hempstead, HP3, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.