394, Galley Hill
394, Galley Hill
Description & Estimates
394, Galley Hill, Hemel Hempstead is recorded publicly as a mid-century leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 394, Galley Hill, Hemel Hempstead is £252,714 and its rental estimate is £1,425 per month, given the available information and assuming reasonable condition.
Galley Hill, Hemel Hempstead, HP1 falls within the HP1 postal district, in the borough of Dacorum.
Our Data Sources
394, Galley Hill, Hemel Hempstead has 41 entries in the Land Registry , most recently in May 2018 and a single entry in the EPC database dated December 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 394, Galley Hill, Hemel Hempstead, we estimate a market value of £265,350 and a rental value of £1,497 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £235,024 and £1,326 per month respectively.
Recent Market Change
Over the last year, 394, Galley Hill, Hemel Hempstead has seen its estimated sale value move down by £3,653 (1.4%) and its estimated rental value increase by £40 per month (2.8%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
394, Galley Hill, Hemel Hempstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 394, Galley Hill, Hemel Hempstead completed on 25th May 2018 at £251,250 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 4.1% over the period since May 2018.
- Sold May 2018£251,250
- Sold Aug 2010£150,000
- Sold Jul 2006£144,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 394, Galley Hill, Hemel Hempstead have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st March 2023, was 2, Pudding Lane, Hemel Hempstead, HP1 3JS, a leasehold flat which sold for £230,000.
Read more about house prices in HP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 140 addresses on Galley Hill, Hemel Hempstead, HP1, 394, Galley Hill, Hemel Hempstead comes out as the 105th largest and the 101st most expensive in our analysis of the public data.
It is also £180k less expensive than the average property across the HP1 district.
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Schools Nearby
- 200mGalley Hill Primary School and Nursery
- 700mMicklem Primary School
- 800mSt Cuthbert Mayne Voluntary Catholic Junior Academy
- 700mJohn F Kennedy Catholic School
- 1.0kmLaureate Academy
- 1.9kmThe Hemel Hempstead School
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Public Transport Nearby
From 394, Galley Hill, Hemel Hempstead, the nearest station is Hemel Hempstead, 2.4 kilometres away.
- 2.4kmHemel Hempstead
- 4.0kmApsley
- 4.8kmBerkhamsted
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
