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Cherry Tree Farm Cherry Tree Lane is a residential building situated on Cherry Tree Lane, Hemel Hempstead, HP2 with 3 addresses.
It ranks as the 258th largest and 372nd most expensive of the 389 buildings in the HP2 area.
The building contains a total of 3 properties: 3 flats.
Cherry Tree Farm Cherry Tree Lane is a residential building situated on Cherry Tree Lane, Hemel Hempstead, HP2 with 3 addresses.
It ranks as the 258th largest and 372nd most expensive of the 389 buildings in the HP2 area.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £240,809 for 3 bedroom leasehold flats (828 ft2) to £1,226,895 for 5 bedroom freehold houses with a garden (2,147 ft2) .
Monthly rental prices range from £1,376 pcm for 3 bed flats to £4,749 pcm for 5 bed houses.
The gross rental yield is between 4.6% and 6.9%.
The average value per square foot is £384.
The last sale in Cherry Tree Farm Cherry Tree Lane sold for £391,000 on 17th February 2017. Since then prices are up an average of 82.0%.
The current average value in the building is £621,363.
The Cherry Tree Farm Cherry Tree Lane Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.2% | £621,363 |
| May 2025 | 1.2% | £622,638 |
| May 2024 | -1% | £615,385 |
| May 2023 | -0.2% | £621,509 |
| May 2022 | 9.5% | £622,568 |
| May 2021 | 4.9% | £568,376 |
| May 2020 | 1% | £541,891 |
| May 2019 | -0.5% | £536,359 |
| May 2018 | 0.8% | £539,259 |
| May 2017 | 4.8% | £534,902 |
| May 2016 | 11.5% | £510,317 |
| May 2015 | 11.5% | £457,546 |
| May 2014 | 8.4% | £410,310 |
| May 2013 | 3.5% | £378,450 |
| May 2012 | 2.3% | £365,807 |
| May 2011 | 2.8% | £357,476 |
| May 2010 | 14.3% | £347,896 |
| May 2009 | -11% | £304,407 |
| May 2008 | -0.6% | £342,092 |
| May 2007 | 0% | £344,188 |
The current average rental value in the building is £2,698.
The Cherry Tree Farm Cherry Tree Lane Rental Market has increased by 51.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £2,698pcm |
| May 2025 | 5.1% | £2,623pcm |
| May 2024 | 8.6% | £2,495pcm |
| May 2023 | 9% | £2,298pcm |
| May 2022 | 9.2% | £2,109pcm |
| May 2021 | 4% | £1,932pcm |
| May 2020 | 1.9% | £1,857pcm |
| May 2019 | 1.8% | £1,822pcm |
| May 2018 | -1.4% | £1,789pcm |
| May 2017 | 2.2% | £1,814pcm |
| May 2016 | 3.3% | £1,776pcm |
| May 2015 | 5.9% | £1,719pcm |
| May 2014 | 6.2% | £1,624pcm |
| May 2013 | 3.6% | £1,529pcm |
| May 2012 | 1.6% | £1,476pcm |
| May 2011 | 6.1% | £1,453pcm |
| May 2010 | 9% | £1,370pcm |
| May 2009 | -4% | £1,256pcm |
| May 2008 | 1.3% | £1,308pcm |
| May 2007 | 0% | £1,292pcm |
The last sale was on 17th February 2017 for £391,000 and since then the market in the area has increased by 82.0%. The building has had a total of 2 sales since 1995.
Cherry Tree Farm, Cherry Tree Lane, Hemel Hempstead, HP2 7HS has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Cherry Tree Farm, Cherry Tree Lane, Hemel Hempstead, HP2 7HS is Apsley station which is 5.1 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Cherry Tree Farm, Cherry Tree Lane, Hemel Hempstead, HP2 7HS, 42.3% of property is privately owned outright and 27.8% is privately owned with a mortgage.
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 Cherry Tree Farm, Cherry Tree Lane, Hemel Hempstead, HP2 7HS, 17.5% of residents are recorded as possessing school level qualifications and 49.0% 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 Cherry Tree Farm, Cherry Tree Lane, Hemel Hempstead, HP2 7HS, the average age was 43.6 and the most common age was 47.
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 Cherry Tree Farm, Cherry Tree Lane, Hemel Hempstead, HP2 7HS, 2.3% 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 Cherry Tree Farm, Cherry Tree Lane, Hemel Hempstead, HP2 7HS, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.