Flat 11, The Exchange 89
Flat 11, The Exchange 89
Description & Estimates
Public records show Flat 11, The Exchange 89, Hemel Hempstead to be a modern leasehold apartment with 409 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 11, The Exchange 89, Hemel Hempstead has an estimated sale value of £207,976 and an estimated rental value of £1,092 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Exchange, Marlowes, Hemel Hempstead, HP1.
Marlowes, Hemel Hempstead, HP1 lies in the borough of Dacorum, within the HP1 postal district.
Our Data Sources
Flat 11, The Exchange 89, Hemel Hempstead has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated March 2021.
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
In very good condition, we estimate Flat 11, The Exchange 89, Hemel Hempstead would be worth £218,374, with a potential rental value of £1,146 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £193,417, with a rental value of £1,015 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 Flat 11, The Exchange 89, Hemel Hempstead has fallen by £1,090 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £42 (3.9%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 11, The Exchange 89, Hemel Hempstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
Flat 11, The Exchange 89, Hemel Hempstead last changed hands on 29th April 2021, selling for £197,000. 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 risen by 0.8% since April 2021.
- Sold Apr 2021£197,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of Flat 11, The Exchange 89, Hemel Hempstead across the last 2 years.
Most recently, Flat 18, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH, a leasehold flat, sold at £150,000 on the 14th February 2025.
Read more about house prices in HP1.
- Sold Feb 2025£150,000 | 1 Bed FlatThe Exchange 89, MarlowesFlat 18, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH
- Sold Dec 2022£197,500 | 1 Bed FlatThe Exchange 89, MarlowesFlat 19, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH
- Sold Mar 2022£270,000 | 1 Bed FlatThe Exchange 89, MarlowesFlat 13, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH
•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 Flat 11, The Exchange 89, Hemel Hempstead as the 276th largest and the 226th most expensive of the 354 addresses on Marlowes, Hemel Hempstead, HP1.
Against the HP1 postcode district average, it is £225k less expensive than the typical property.
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Schools Nearby
- 600mSouth Hill Primary School
- 700mGeorge Street Primary School
- 900mBroadfield Academy
- 700mThe Hemel Hempstead School
- 900mLaureate Academy
- 1.6kmThe Adeyfield Academy
More reading links
Public Transport Nearby
Hemel Hempstead station is the nearest stop to Flat 11, The Exchange 89, Hemel Hempstead at 1.8 kilometres away.
- 1.8kmHemel Hempstead
- 2.4kmApsley
- 5.7kmKings Langley
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
