7, Newell Rise
7, Newell Rise
Description & Estimates
7, Newell Rise, Hemel Hempstead is recorded publicly as a modern freehold house across 430 ft2 of internal area, sitting on a 141 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 7, Newell Rise, Hemel Hempstead is £275,248 and its rental estimate is £1,223 per month, given the available information and assuming reasonable condition.
Newell Rise, Hemel Hempstead, HP3 falls within the HP3 postal district, in the borough of Dacorum.
Our Data Sources
7, Newell Rise, Hemel Hempstead has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated February 2015.
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.
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 7, Newell Rise, Hemel Hempstead, we estimate a market value of £289,011 and a rental value of £1,285 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £255,981 and £1,138 per month respectively.
Recent Market Change
Over the last year, 7, Newell Rise, Hemel Hempstead has seen its estimated sale value increase by £1,984 (0.7%) and its estimated rental value grow by £55 per month (4.5%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 7, Newell Rise, Hemel Hempstead as measuring 141 m2.
That makes it the 6th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
7, Newell Rise, Hemel Hempstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Feb 2015.
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 7, Newell Rise, Hemel Hempstead completed on 20th September 2023 at £260,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 20.4% over the period since September 2023.
- Sold Sep 2023£260,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Newell Rise, Hemel Hempstead have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th July 2024, was 4, Katherine Close, Hemel Hempstead, HP3 9QT, a freehold house which sold for £255,000.
Read more about house prices in HP3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 1 let within 480 metres of 7, Newell Rise, Hemel Hempstead.
The latest, in September 2023, was 39, Hobbs Hill Road, Hemel Hempstead, HP3 9QA, a freehold house let by Collinson Hall.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 10 addresses on Newell Rise, Hemel Hempstead, HP3, 7, Newell Rise, Hemel Hempstead comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £218k less expensive than the average property across the HP3 district.
More reading links
Schools Nearby
- 600mBelswains Primary School
- 800mTudor Primary School
- 900mLime Walk Primary School
- 1.4kmLongdean School
- 1.6kmThe Hemel Hempstead School
- 1.8kmThe Adeyfield Academy
More reading links
Public Transport Nearby
From 7, Newell Rise, Hemel Hempstead, the nearest station is Apsley, 800 metres away.
- 800mApsley
- 2.0kmHemel Hempstead
- 4.0kmKings Langley
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.
