Flat 8 The Exchange, 89 Marlowes

    FLAT 8 THE EXCHANGE, 89, MARLOWES, HEMEL HEMPSTEAD, HP1 1EH

    This flat/maisonette leasehold property on Marlowes last sold in July 2023 for £260,000. Based on price growth in the HP1 district since then, its estimated current value is £266,315 — placing it in the 41st percentile nationally and the 16th percentile within HP1. The property covers 48 m² (517 sq ft), giving an estimated value of £5,548 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £260,000

    Jul 2023

    Estimated Valuation

    £266,315

    Est. £/sq ft

    £515/sq ft

    £5,548/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentD
    EPC potentialD
    Floor area517 sq ft (48 m²)
    EPC dateMar 2021
    WallsAverage thermal transmittance 0.33 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    21 Jul 2023

    New build

    £260,000

    Key Metrics

    Estimated valuation£266,315
    Value per sq ft / m²£515/sq ft (£5,548/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    HP1 district percentile16th percentile
    National percentile41st 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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