# HP2 5YQ Area Summary
The HP2 5YQ postcode falls within Hemel Hempstead, a major town in Hertfordshire located approximately 24 miles northwest of central London. This particular area represents a relatively affordable segment of the local property market, with an average property price of £185,081 based on 87 properties. This figure sits notably below both the wider Hemel Hempstead average and the broader Hertfordshire market, suggesting this postcode encompasses more modestly priced housing stock, likely featuring a significant proportion of flats, maisonettes, or smaller terraced properties.
The pricing in HP2 5YQ makes it an accessible option for first-time buyers, young professionals, and investors seeking rental opportunities in the Hemel Hempstead area. The town benefits from excellent transport links, including fast rail connections to London Euston (approximately 30 minutes), making it popular with commuters seeking more affordable alternatives to London property prices. With 87 properties in the dataset, this represents a reasonably sized residential area with sufficient market activity to provide buyers with choice and liquidity. The area's appeal is enhanced by Hemel Hempstead's town centre amenities, the nearby Chiltern Hills, and ongoing regeneration projects that continue to improve the town's infrastructure and attractiveness.
The average house price in HP2 5YQ, Hemel Hempstead is £185,081. Prices range from £140,000 to £285,000.
There are 87 properties in HP2 5YQ, Hemel Hempstead.
HP2 5YQ contains 86 flat / maisonette properties, 1 detached properties.
Average house prices in HP2 5YQ have risen by 45.6% from £186,000 in 2010 to £270,833 in 2024.
HP2 5YQ is located in Hemel Hempstead, Hertfordshire, England.