Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
Flat 4, The Exchange 89, Hemel Hempstead is recorded publicly as a modern leasehold apartment across 462 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, The Exchange 89, Hemel Hempstead is £221,744 and its rental estimate is £1,164 per month, given the available information and assuming reasonable condition.
The Exchange, Marlowes is a residential building on Marlowes, Hemel Hempstead, HP1 and falls within the HP1 postal district and the borough of Dacorum.
Flat 4, The Exchange 89, Hemel Hempstead has a single entry in the Land Registry from August 2022 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4, The Exchange 89, Hemel Hempstead, we estimate a market value of £232,831 and a rental value of £1,222 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £206,222 and £1,083 per month respectively.
Over the last year, Flat 4, The Exchange 89, Hemel Hempstead has seen its estimated sale value fall by £1,162 (0.5%) and its estimated rental value move up by £45 per month (3.9%). This results in an estimated gross rental yield of 6.3%.
Flat 4, 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.
The most recent sale of Flat 4, The Exchange 89, Hemel Hempstead completed on 5th August 2022 at £310,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.3% over the period since August 2022.
Over the past 2 years 3 properties similar to Flat 4, The Exchange 89, Hemel Hempstead have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2024, was Flat 34, The Exchange 89, Marlowes, Hemel Hempstead, HP1 1EH, a leasehold flat which sold for £230,000.
Read more about house prices in HP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 354 addresses on Marlowes, Hemel Hempstead, HP1, Flat 4, The Exchange 89, Hemel Hempstead comes out as the 230th largest and the 197th most expensive in our analysis of the public data.
It is also £211k less expensive than the average property across the HP1 district.
From Flat 4, The Exchange 89, Hemel Hempstead, the nearest station is Hemel Hempstead, 1.8 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, The Exchange 89, Hemel Hempstead, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 4, The Exchange 89, Hemel Hempstead, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 4, The Exchange 89, Hemel Hempstead, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 4, The Exchange 89, Hemel Hempstead, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
