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7 Malvern Way is a residential building situated on Malvern Way, Hemel Hempstead, HP2 with 3 addresses.
It ranks as the 252nd largest and 373rd most expensive of the 389 buildings in the HP2 area. The dominant property type is a modern house built after 1980.
The building contains a total of 3 properties: 3 flats.
7 Malvern Way is a residential building situated on Malvern Way, Hemel Hempstead, HP2 with 3 addresses.
It ranks as the 252nd largest and 373rd most expensive of the 389 buildings in the HP2 area. The dominant property type is a modern house built after 1980.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £198,738 for 3 bedroom Leasehold flats (892 ft2) to £404,167 for 4 bedroom freehold houses with a garden (1,350 ft2) .
Monthly rental prices range from £1,238 pcm for 3 bed flats to £2,115 pcm for 4 bed houses.
The gross rental yield is between 6.3% and 7.5%.
The average value per square foot is £294.
The last sale in 7 Malvern Way sold for £380,000 on 22nd February 2023. Since then prices are up an average of 69.4%.
The current average value in the building is £333,151.
The 7 Malvern Way Sales Market has increased by 16.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.2% | £333,151 |
| May 2025 | 0.9% | £332,420 |
| May 2024 | -0.4% | £329,544 |
| May 2023 | -1.3% | £330,716 |
| May 2022 | 8.4% | £335,065 |
| May 2021 | 2.9% | £309,222 |
| May 2020 | 1.3% | £300,624 |
| May 2019 | -2.2% | £296,908 |
| May 2018 | -0.1% | £303,669 |
| May 2017 | 5.8% | £304,008 |
| May 2016 | 14.2% | £287,249 |
| May 2015 | 14.5% | £251,471 |
| May 2014 | 8.3% | £219,655 |
| May 2013 | 4.5% | £202,873 |
| May 2012 | 2% | £194,093 |
| May 2011 | 0.6% | £190,324 |
| May 2010 | 9.8% | £189,123 |
| May 2009 | -13.6% | £172,246 |
| May 2008 | -1.4% | £199,296 |
| May 2007 | 0% | £202,105 |
The current average rental value in the building is £1,810.
The 7 Malvern Way Rental Market has increased by 42.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £1,810pcm |
| May 2025 | 4.1% | £1,755pcm |
| May 2024 | 10% | £1,686pcm |
| May 2023 | 7.9% | £1,532pcm |
| May 2022 | 6.8% | £1,421pcm |
| May 2021 | 2.6% | £1,330pcm |
| May 2020 | 1.7% | £1,297pcm |
| May 2019 | 1% | £1,276pcm |
| May 2018 | -3.3% | £1,263pcm |
| May 2017 | 3% | £1,306pcm |
| May 2016 | 6.5% | £1,269pcm |
| May 2015 | 7.1% | £1,191pcm |
| May 2014 | 8.4% | £1,112pcm |
| May 2013 | 4.2% | £1,026pcm |
| May 2012 | -0.1% | £984pcm |
| May 2011 | 4% | £985pcm |
| May 2010 | 4.2% | £948pcm |
| May 2009 | -5.7% | £909pcm |
| May 2008 | 0.9% | £964pcm |
| May 2007 | 0% | £956pcm |
The last sale was on 22nd February 2023 for £380,000 and since then the market in the area has increased by 69.4%. The building has had a total of 3 sales since 1995.
7, Malvern Way, Hemel Hempstead, HP2 5RB has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 7, Malvern Way, Hemel Hempstead, HP2 5RB is Hemel Hempstead station which is 3.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Malvern Way, Hemel Hempstead, HP2 5RB, 29.9% of property is socially rented and 27.0% is privately owned outright.
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 7, Malvern Way, Hemel Hempstead, HP2 5RB, 18.0% of residents are recorded as possessing school level qualifications and 22.0% 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 7, Malvern Way, Hemel Hempstead, HP2 5RB, the average age was 37.5 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 7, Malvern Way, Hemel Hempstead, HP2 5RB, 0.9% 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 7, Malvern Way, Hemel Hempstead, HP2 5RB, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.