Flat 34, The Exchange 89
Flat 34, The Exchange 89
Description & Estimates
The public record describes Flat 34, The Exchange 89, Hemel Hempstead as a modern apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 34, The Exchange 89, Hemel Hempstead has an estimated sale value of £219,052 and an estimated rental value of £1,150 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 34, The Exchange 89, Hemel Hempstead has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
We combine this information with public data 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 34, The Exchange 89, Hemel Hempstead would be worth £230,004, with a potential rental value of £1,207 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £203,718, with a rental value of £1,069 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 34, The Exchange 89, Hemel Hempstead has decreased by £1,148 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £44 (3.9%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 34, The Exchange 89, Hemel Hempstead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of Flat 34, The Exchange 89, Hemel Hempstead across the last 2 years.
Most recently, Flat 31, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH, a leasehold flat, sold at £225,000 on the 31st July 2024.
Read more about house prices in HP1.
- Sold Jul 2024£225,000 | 1 Bed FlatThe Exchange 89, MarlowesFlat 31, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH
- Sold Aug 2023£227,500 | 1 Bed FlatThe Exchange 89, MarlowesFlat 25, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH
- Sold May 2023£220,000 | 1 Bed FlatThe Exchange 89, MarlowesFlat 29, 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 34, The Exchange 89, Hemel Hempstead as the 238th largest and the 201st most expensive of the 354 addresses on Marlowes, Hemel Hempstead, HP1.
Against the HP1 postcode district average, it is £214k 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
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Public Transport Nearby
Hemel Hempstead station is the nearest stop to Flat 34, 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.
