Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Springfield, Hemel Hempstead is recorded publicly as a modern freehold house across 2,190 ft2 of internal area, sitting on a 592 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Springfield, Hemel Hempstead is £1,208,389 and its rental estimate is £3,890 per month, given the available information and assuming reasonable condition.
Vicarage Lane, Bovingdon, Hemel Hempstead, HP3 falls within the HP3 postal district, in the borough of Dacorum.
Springfield, Hemel Hempstead has a single entry in the Land Registry from February 2008 and a single entry in the EPC database dated August 2010.
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 Springfield, Hemel Hempstead, we estimate a market value of £1,268,808 and a rental value of £4,085 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,123,802 and £3,618 per month respectively.
Over the last year, Springfield, Hemel Hempstead has seen its estimated sale value decline by £32,327 (2.7%) and its estimated rental value climb by £45 per month (1.2%). This results in an estimated gross rental yield of 3.9%.
HM Land Registry records the plot of land for Springfield, Hemel Hempstead as measuring 592 m2.
That makes it the 7th largest plot in the postcode, where 11 of the 15 other houses have recorded plot data.
Springfield, Hemel Hempstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Aug 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
The most recent sale of Springfield, Hemel Hempstead completed on 15th February 2008 at £750,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 25.3% over the period since February 2008.
Over the past 2 years 3 properties similar to Springfield, Hemel Hempstead have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2023, was The Fieldhouse, Chipperfield Road, Hemel Hempstead, HP3 0JW, a freehold house which sold for £1,180,000.
Read more about house prices in HP3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 41 addresses on Vicarage Lane, Bovingdon, Hemel Hempstead, HP3, Springfield, Hemel Hempstead comes out as the 4th largest and the 3rd most expensive in our analysis of the public data.
It is also £715k more expensive than the average property across the HP3 district.
From Springfield, Hemel Hempstead, the nearest station is Hemel Hempstead, 3.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around Springfield, Hemel Hempstead, 51.5% of property is privately owned outright and 34.6% is privately owned with a mortgage.
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 Springfield, Hemel Hempstead, 11.4% of residents are recorded as possessing school level qualifications and 46.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Springfield, Hemel Hempstead, the average age was 43.3 and the most common age was 57.
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 Springfield, 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 Springfield, Hemel Hempstead, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
