41, Melsted Road
41, Melsted Road
Description & Estimates
41, Melsted Road, Hemel Hempstead is recorded publicly as an early-century leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 41, Melsted Road, Hemel Hempstead is £255,397 and its rental estimate is £1,296 per month, given the available information and assuming reasonable condition.
41, Melsted Road is a residential building on Melsted Road, Hemel Hempstead, HP1 and falls within the HP1 postal district and the borough of Dacorum.
Our Data Sources
41, Melsted Road, Hemel Hempstead has 21 entries in the Land Registry , most recently in March 2018 and a single entry in the EPC database dated August 2017.
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.
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 41, Melsted Road, Hemel Hempstead, we estimate a market value of £268,167 and a rental value of £1,361 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,519 and £1,205 per month respectively.
Recent Market Change
Over the last year, 41, Melsted Road, Hemel Hempstead has seen its estimated sale value decrease by £3,866 (1.5%) and its estimated rental value grow by £38 per month (3.0%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
41, Melsted Road, Hemel Hempstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 2017.
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 41, Melsted Road, Hemel Hempstead completed on 28th March 2018 at £212,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 0.3% over the period since March 2018.
- Sold Mar 2018£212,500
- Sold Nov 1998£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 41, Melsted Road, Hemel Hempstead have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2025, was 35A, Melsted Road, Hemel Hempstead, HP1 1SX, a leasehold flat which sold for £280,000.
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 58 addresses on Melsted Road, Hemel Hempstead, HP1, 41, Melsted Road, Hemel Hempstead comes out as the 45th largest and the 42nd most expensive in our analysis of the public data.
It is also £178k less expensive than the average property across the HP1 district.
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Schools Nearby
- 300mGade Valley Primary School
- 400mSt Cuthbert Mayne Voluntary Catholic Junior Academy
- 700mSouth Hill Primary School
- 200mLaureate Academy
- 800mThe Hemel Hempstead School
- 1.3kmJohn F Kennedy Catholic School
More reading links
Public Transport Nearby
From 41, Melsted Road, Hemel Hempstead, the nearest station is Hemel Hempstead, 1.6 kilometres away.
- 1.6kmHemel Hempstead
- 3.0kmApsley
- 5.5kmBerkhamsted
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
