37a Melsted Road

    37A, MELSTED ROAD, HEMEL HEMPSTEAD, HP1 1SX

    This flat/maisonette leasehold property on Melsted Road last sold in August 2022 for £287,500. Based on price growth in the HP1 district since then, its estimated current value is £254,274 — placing it in the 38th percentile nationally and the 14th percentile within HP1. The property covers 56 m² (603 sq ft), giving an estimated value of £4,541 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £287,500

    Aug 2022

    Estimated Valuation

    £254,274

    Est. £/sq ft

    £422/sq ft

    £4,541/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateMay 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2022

    £287,500

    4 Sept 2020

    £250,000

    29 Mar 2001

    £83,750

    14 May 1999

    £61,000

    Key Metrics

    Estimated valuation£254,274
    Value per sq ft / m²£422/sq ft (£4,541/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    HP1 district percentile14th percentile
    National percentile38th percentile

    District Context — HP1

    HP1 covers Hemel Hempstead and surrounding areas in Hertfordshire, north-west of London. It is a well-established commuter territory with a mixed residential character, blending suburban estates with commercial development.

    Average Property Price - HP1

    £461,176

    76

    National percentile

    Average Net Household Income - HP1

    £44,676

    75

    National percentile

    10-Year Annualised Price Growth - HP1

    3.4%

    43

    National percentile

    10-Year Annualised Rent Growth - HP

    3.7%

    43

    National percentile

    View full analysis for HP1

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