According to the public record, 18, Jay Close, Hemel Hempstead is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Jay Close, Hemel Hempstead, HP3 is located in the borough of Dacorum within the HP3 postal district.
18, Jay Close, Hemel Hempstead has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 18 Jay Close Hemel Hempstead as £164,073 and the rental value as £885 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 18 Jay Close Hemel Hempstead has decreased by £4,155 (2.5%) and its rental value has increased by £88 per month (9.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 18, Jay Close, Hemel Hempstead is in very good condition we estimate a sale value of £172,277 and rental value of £929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,588 and a rental value of £823 per month.
If you were able to purchase this property for the estimated value of £164,073, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £806 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 18, Jay Close, Hemel Hempstead was last sold on 14 Apr 2022 for £147,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 3.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 18, Jay Close, Hemel Hempstead within a radius of 630 metres over the last 2 years.
The most recent example is 17, Jay Close, Hemel Hempstead, HP3 0GJ, a Leasehold flat which sold for £191,750 in Mar 2022.
Read more about house prices in HP3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 630 metres radius of 18, Jay Close, Hemel Hempstead over the last 2 years.
Most recently 12, Bunting Close, Hemel Hempstead, HP3 0FX, a Freehold house let by Imagine in Mar 2023.
Jay Close, Hemel Hempstead, HP3 has a total of 24 addresses. According to our analysis of all the public data, 18, Jay Close, Hemel Hempstead is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £298k less expensive than the average property in HP3.
18, Jay Close, Hemel Hempstead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 18, Jay Close, Hemel Hempstead is Apsley station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Jay Close, Hemel Hempstead, 63.8% of property is privately owned with a mortgage and 27.6% is privately owned outright.
The graph below shows how this compares to Greater London 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 18, Jay Close, Hemel Hempstead, 16.5% of residents are recorded as possessing school level qualifications and 49.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Jay Close, Hemel Hempstead, the average age was 39.2 and the most common age was 32.
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 18, Jay Close, Hemel Hempstead, 0.6% 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 18, Jay Close, Hemel Hempstead, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.