Flat 35, The Exchange 89
Flat 35, The Exchange 89
Description & Estimates
According to the public record, Flat 35, The Exchange 89, Hemel Hempstead is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 35, The Exchange 89, Hemel Hempstead is £219,052 and the estimated rental value is £1,150 per month.
The apartment is within The Exchange, Marlowes, Hemel Hempstead, HP1.
Marlowes, Hemel Hempstead, HP1 is located in the borough of Dacorum within the HP1 postal district.
Our Data Sources
Flat 35, 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 February 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
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 Flat 35, The Exchange 89, Hemel Hempstead is in very good condition we estimate a sale value of £230,004 and a rental value of £1,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,718 and a rental value of £1,069 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 35, The Exchange 89, Hemel Hempstead has declined by £1,148 (0.5%), while its estimated rental value has climbed by £44 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
Flat 35, 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.
Sold Prices
According to HM Land Registry, Flat 35, The Exchange 89, Hemel Hempstead was last sold on 17th March 2023 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped by 3.5%.
- Sold Mar 2023£230,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 35, The Exchange 89, Hemel Hempstead within a radius of 430 metres over the last 2 years.
The most recent example is Flat 34, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH, a leasehold flat which sold for £230,000 on the 31st July 2024.
Read more about house prices in HP1.
- Sold Jul 2024£230,000 | 1 Bed FlatThe Exchange 89, MarlowesFlat 34, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH
- 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
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Marlowes, Hemel Hempstead, HP1 has a total of 354 addresses. According to our analysis of all the public data, Flat 35, The Exchange 89, Hemel Hempstead is the 237th largest and the 200th most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in HP1.
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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
The closest station to Flat 35, The Exchange 89, Hemel Hempstead is Hemel Hempstead station, which is 1.8 kilometres away.
- 1.8kmHemel Hempstead
- 2.4kmApsley
- 5.7kmKings Langley
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
