3 Merrow Drive

    3, MERROW DRIVE, HEMEL HEMPSTEAD, HP1 2LZ

    This terraced freehold property on Merrow Drive last sold in October 2016 for £380,000. Based on price growth in the HP1 district since then, its estimated current value is £473,164 — placing it in the 76th percentile nationally and the 61st percentile within HP1. The property covers 89 m² (958 sq ft), giving an estimated value of £5,316 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £380,000

    Oct 2016

    Estimated Valuation

    £473,164

    Est. £/sq ft

    £494/sq ft

    £5,316/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateOct 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Oct 2016

    £380,000

    18 Apr 2008

    £237,000

    Key Metrics

    Estimated valuation£473,164
    Value per sq ft / m²£494/sq ft (£5,316/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    HP1 district percentile61st percentile
    National percentile76th 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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