87 The Foundry, Hemel Hempstead
87 The Foundry, Hemel Hempstead
Description & Estimates
Public records show 87 The Foundry, Hemel Hempstead to be a leasehold apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
87 The Foundry, Hemel Hempstead has an estimated sale value of £245,529 and an estimated rental value of £1,307 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Foundry, Dacorum Way, Hemel Hempstead, HP1.
Dacorum Way, Hemel Hempstead, HP1 lies in the borough of Dacorum, within the HP1 postal district.
Our Data Sources
87 The Foundry, Hemel Hempstead has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated October 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.
Price Range & Condition
In very good condition, we estimate 87 The Foundry, Hemel Hempstead would be worth £257,806, with a potential rental value of £1,372 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £228,342, with a rental value of £1,215 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 87 The Foundry, Hemel Hempstead has fallen by £4,881 (2.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £36 (2.7%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
87 The Foundry, Hemel Hempstead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
87 The Foundry, Hemel Hempstead last changed hands on 21st October 2022, selling for £250,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 4.9% since October 2022.
- Sold Oct 2022£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 470 metres of 87 The Foundry, Hemel Hempstead across the last 2 years.
Most recently, 37 The Foundry, Dacorum Way, Hemel Hempstead, HP1 1BF, a leasehold flat, sold at £235,000 on the 20th May 2025.
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
Our analysis of the public data ranks 87 The Foundry, Hemel Hempstead as the 245th largest and the 213th most expensive of the 260 addresses on Dacorum Way, Hemel Hempstead, HP1.
Against the HP1 postcode district average, it is £187k less expensive than the typical property.
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Schools Nearby
- 600mGeorge Street Primary School
- 600mGade Valley Primary School
- 700mSt Cuthbert Mayne Voluntary Catholic Junior Academy
- 600mLaureate Academy
- 800mThe Hemel Hempstead School
- 1.8kmThe Adeyfield Academy
More reading links
Public Transport Nearby
Hemel Hempstead station is the nearest stop to 87 The Foundry, Hemel Hempstead at 1.9 kilometres away.
- 1.9kmHemel Hempstead
- 2.7kmApsley
- 6.0kmKings Langley
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
