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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2 The Foundry, Hemel Hempstead is a leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 The Foundry, Hemel Hempstead is £306,131 and the estimated rental value is £1,645 per month.
The apartment is within The Foundry, Dacorum Way, Hemel Hempstead, HP1.
Dacorum Way, Hemel Hempstead, HP1 is located in the borough of Dacorum within the HP1 postal district.
2 The Foundry, Hemel Hempstead has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 2 The Foundry, Hemel Hempstead is in very good condition we estimate a sale value of £321,438 and a rental value of £1,727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,702 and a rental value of £1,529 per month.
Over the last 12 months the sale value of 2 The Foundry Hemel Hempstead has decreased by an estimated £5,233 (1.7%) and its rental value has increased by an estimated £28 per month (1.7%), giving an expected gross yield of 6.4%.
2 The Foundry, Hemel Hempstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 2 The Foundry, Hemel Hempstead was last sold on 15th August 2022 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Foundry, Hemel Hempstead within a radius of 470 metres over the last 2 years.
The most recent example is 9 The Foundry, Dacorum Way, Hemel Hempstead, HP1 1BF, a leasehold flat which sold for £325,000 on the 29th November 2024.
Read more about house prices in HP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dacorum Way, Hemel Hempstead, HP1 has a total of 260 addresses. According to our analysis of all the public data, 2 The Foundry, Hemel Hempstead is the 35th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in HP1.
The closest station to 2 The Foundry, Hemel Hempstead is Hemel Hempstead station which is 1.9 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 The Foundry, Hemel Hempstead, 39.4% of property is privately owned with a mortgage and 26.5% 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 2 The Foundry, Hemel Hempstead, 20.9% of residents are recorded as possessing school level qualifications and 39.5% 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 2 The Foundry, Hemel Hempstead, the average age was 37.7 and the most common age was 32.
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 2 The Foundry, Hemel Hempstead, 0.8% 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 2 The Foundry, Hemel Hempstead, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
