Flat 9, Fareham House
Flat 9, Fareham House
Description & Estimates
Flat 9, Fareham House, Hemel Hempstead is recorded publicly as a mid-century leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 9, Fareham House, Hemel Hempstead is £121,777 and its rental estimate is £700 per month, given the available information and assuming reasonable condition.
Fareham House, Marlowes is a residential building on Marlowes, Hemel Hempstead, HP1 and falls within the HP1 postal district and the borough of Dacorum.
Our Data Sources
Flat 9, Fareham House, Hemel Hempstead has 41 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated October 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
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 9, Fareham House, Hemel Hempstead, we estimate a market value of £127,865 and a rental value of £735 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £113,252 and £651 per month respectively.
Recent Market Change
Over the last year, Flat 9, Fareham House, Hemel Hempstead has seen its estimated sale value decrease by £638 (0.5%) and its estimated rental value grow by £27 per month (3.9%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 9, Fareham House, Hemel Hempstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
Sold Prices
The most recent sale of Flat 9, Fareham House, Hemel Hempstead completed on 5th July 2023 at £137,650 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 54.6% over the period since July 2023.
- Sold Jul 2023£137,650
- Sold Nov 2003£100,000
- Sold Jan 2002£48,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 9, Fareham House, Hemel Hempstead have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was Flat 27, Fareham House, Marlowes, Hemel Hempstead, HP1 1DZ, a leasehold flat which sold for £105,000.
Read more about house prices in HP1.
- Sold Mar 2024£105,000 | 1 Bed FlatFareham House, MarlowesFlat 27, Fareham House, Marlowes, Hemel Hempstead, HP1 1DZ
- Sold Mar 2022£145,000 | 1 Bed FlatFareham House, MarlowesFlat 15, Fareham House, Marlowes, Hemel Hempstead, HP1 1DZ
- Sold Sep 2014£95,000 | 1 Bed FlatFareham House, MarlowesFlat 5, Fareham House, Marlowes, Hemel Hempstead, HP1 1DZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 354 addresses on Marlowes, Hemel Hempstead, HP1, Flat 9, Fareham House, Hemel Hempstead comes out as the 284th largest and the 329th most expensive in our analysis of the public data.
It is also £311k less expensive than the average property across the HP1 district.
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Schools Nearby
- 400mSouth Hill Primary School
- 700mTudor Primary School
- 1.0kmBoxmoor Primary School
- 500mThe Hemel Hempstead School
- 1.2kmLaureate Academy
- 1.7kmThe Adeyfield Academy
More reading links
Public Transport Nearby
From Flat 9, Fareham House, Hemel Hempstead, the nearest station is Hemel Hempstead, 1.5 kilometres away.
- 1.5kmHemel Hempstead
- 1.9kmApsley
- 5.3kmKings Langley
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
