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According to the public record, 8, The Cornfields, Hemel Hempstead is a mid-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, The Cornfields, Hemel Hempstead is £232,814 and the estimated rental value is £1,383 per month.
The Cornfields, Hemel Hempstead, HP1 is located in the borough of Dacorum within the HP1 postal district.
8, The Cornfields, Hemel Hempstead has 3 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated November 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 8, The Cornfields, Hemel Hempstead is in very good condition we estimate a sale value of £244,454 and a rental value of £1,452 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,517 and a rental value of £1,286 per month.
Over the last 12 months the sale value of 8 The Cornfields Hemel Hempstead has decreased by an estimated £1,748 (0.8%) and its rental value has increased by an estimated £36 per month (2.6%), giving an expected gross yield of 7.1%.
8, The Cornfields, Hemel Hempstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 8, The Cornfields, Hemel Hempstead was last sold on 7th March 2022 for £205,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2022, the market for similar properties has dropped 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Cornfields, Hemel Hempstead within a radius of 580 metres over the last 2 years.
The most recent example is 72, The Cornfields, Hemel Hempstead, HP1 1UB, a leasehold flat which sold for £208,000 on the 22nd April 2021.
Read more about house prices in HP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Cornfields, Hemel Hempstead, HP1 has a total of 77 addresses. According to our analysis of all the public data, 8, The Cornfields, Hemel Hempstead is the largest and the 31st most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in HP1.
The closest station to 8, The Cornfields, Hemel Hempstead is Hemel Hempstead station which is 1.1 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 8, The Cornfields, Hemel Hempstead, 36.4% of property is socially rented and 26.5% is privately owned with a mortgage.
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 8, The Cornfields, Hemel Hempstead, 17.3% of residents are recorded as possessing school level qualifications and 33.5% 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 8, The Cornfields, Hemel Hempstead, the average age was 39.2 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 8, The Cornfields, 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 8, The Cornfields, Hemel Hempstead, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.