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According to the public record, 16, Arran Close, Hemel Hempstead is a mid-century leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Arran Close, Hemel Hempstead is £159,864 and the estimated rental value is £893 per month.
Arran Close, Hemel Hempstead, HP3 is located in the borough of Dacorum within the HP3 postal district.
16, Arran Close, Hemel Hempstead has 2 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Arran Close, Hemel Hempstead is in very good condition we estimate a sale value of £167,857 and a rental value of £938 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,673 and a rental value of £831 per month.
Over the last 12 months the sale value of 16 Arran Close Hemel Hempstead has increased by an estimated £2,068 (1.3%) and its rental value has increased by an estimated £39 per month (4.3%), giving an expected gross yield of 6.7%.
16, Arran Close, Hemel Hempstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Arran Close, Hemel Hempstead was last sold on 20th April 2018 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2018, the market for similar properties has risen 31.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 16, Arran Close, Hemel Hempstead within a radius of 790 metres over the last 2 years.
The most recent example is 24, Flatfield Road, Hemel Hempstead, HP3 8EX, a leasehold flat which sold for £170,000 on the 4th May 2023.
Read more about house prices in HP3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arran Close, Hemel Hempstead, HP3 has a total of 23 addresses. According to our analysis of all the public data, 16, Arran Close, Hemel Hempstead is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £333k less expensive than the average property in HP3.
The closest station to 16, Arran Close, Hemel Hempstead is Apsley station which is 2.2 kilometres away.
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 16, Arran Close, Hemel Hempstead, 36.1% of property is privately owned with a mortgage and 27.1% 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 16, Arran Close, Hemel Hempstead, 21.3% of residents are recorded as possessing school level qualifications and 27.3% 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 16, Arran Close, Hemel Hempstead, the average age was 42.5 and the most common age was 42.
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 16, Arran Close, Hemel Hempstead, 0.0% 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 16, Arran Close, Hemel Hempstead, 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.