According to the public record, Apartment 1, Shothanger, Hemel Hempstead is a modern leasehold apartment and with 1,386 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Shothanger, Sheethanger Lane, Felden, Hemel Hempstead, HP3.
Sheethanger Lane, Felden, Hemel Hempstead, HP3 is located in the borough of Dacorum within the HP3 postal district.
Apartment 1, Shothanger, Hemel Hempstead has a single entry in the Land Registry database from September 2019 and 2 entries in the EPC database, most recently in November 2020.
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 Apartment 1 Shothanger Hemel Hempstead as £728,632 and the rental value as £3,155 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Apartment 1 Shothanger Hemel Hempstead has decreased by £23,492 (3.2%) and its rental value has increased by £301 per month (9.5%).
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 Apartment 1, Shothanger, Hemel Hempstead is in very good condition we estimate a sale value of £765,063 and rental value of £3,312 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £677,627 and a rental value of £2,934 per month.
According to HM Land Registry, Apartment 1, Shothanger, Hemel Hempstead was last sold on 20 Sep 2019 for £2,200,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2019, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1, Shothanger, Hemel Hempstead within a radius of 1.3km over the last 2 years.
The most recent example is 19, St. Marys Place, Hemel Hempstead, HP1 1GG, a Leasehold flat which sold for £635,000 in Mar 2020.
Read more about house prices in HP3.
Our network of Estate Agents report 2 lets within a 1.1km radius of Apartment 1, Shothanger, Hemel Hempstead over the last 2 years.
Most recently 12, Bunting Close, Hemel Hempstead, HP3 0FX, a Freehold house let by Imagine for an undisclosed amount in Mar 2023.
Sheethanger Lane, Felden, Hemel Hempstead, HP3 has a total of 75 addresses. According to our analysis of all the public data, Apartment 1, Shothanger, Hemel Hempstead is the 73rd largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £266k more expensive than the average property in HP3.
Apartment 1, Shothanger, Hemel Hempstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Nov 2020.
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 Apartment 1, Shothanger, Hemel Hempstead is Hemel Hempstead station which is 700 m away.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Apartment 1, Shothanger, Hemel Hempstead, the average age was 43.3 and the most common age was 57.
The graph below shows how this compares to This region and the rest of England & Wales
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
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 Apartment 1, Shothanger, Hemel Hempstead, 48.4% of property is privately owned outright and 44.5% is privately owned with a mortgage.
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 Apartment 1, Shothanger, Hemel Hempstead, 19.6% of residents are recorded as possessing school level qualifications and 50.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London 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 Apartment 1, Shothanger, Hemel Hempstead, 3.5% of property was a second home.
Comparison figures for This region 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 Apartment 1, Shothanger, Hemel Hempstead, there are an average of 2.3 cars per household.
See below for how this compares to This region and the rest of England & Wales.