Flat 33, The Exchange 89
Flat 33, The Exchange 89
Description & Estimates
Public records show Flat 33, The Exchange 89, Hemel Hempstead to be a modern leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 33, The Exchange 89, Hemel Hempstead has an estimated sale value of £271,092 and an estimated rental value of £1,465 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 33, The Exchange 89, Hemel Hempstead has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated March 2023.
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 33, The Exchange 89, Hemel Hempstead would be worth £284,647, with a potential rental value of £1,538 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £252,116, with a rental value of £1,362 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 33, The Exchange 89, Hemel Hempstead has moved down by £3,919 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £41 (2.8%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
Flat 33, The Exchange 89, Hemel Hempstead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 33, The Exchange 89, Hemel Hempstead last changed hands on 15th March 2023, selling for £315,000. 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 3.9% since March 2023.
- Sold Mar 2023£315,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of Flat 33, The Exchange 89, Hemel Hempstead across the last 2 years.
Most recently, Flat 12, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH, a leasehold flat, sold at £182,500 on the 26th September 2025.
Read more about house prices in HP1.
- Sold Sep 2025£182,500 | 2 Bed FlatThe Exchange 89, MarlowesFlat 12, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH
- Sold Mar 2023£304,500 | 2 Bed FlatThe Exchange 89, MarlowesFlat 37, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH
- Sold Mar 2023£309,500 | 2 Bed FlatThe Exchange 89, MarlowesFlat 41, 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 33, The Exchange 89, Hemel Hempstead as the 125th largest and the 74th most expensive of the 354 addresses on Marlowes, Hemel Hempstead, HP1.
Against the HP1 postcode district average, it is £162k 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 33, 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.
