Spring Lane, Hemel Hempstead
BR

Spring Lane, Hemel Hempstead

By Brown & Merry

£ 240,000

Reviews

2 out of 5 stars

Brown & Merry says ..

CHAIN FREE!! This two-bedroom upper-floor flat, set in a quiet location, offers spacious accommodation throughout. A must view for any First Time Buyers or Investors Looking within the area! Call now to arrange your viewing!

Property Oracle says ..

The property is a 2-bedroom flat located in Hemel Hempstead, Hertfordshire. The location benefits from being relatively close to several primary and secondary schools, all within a 1km radius, which are rated ‘Good’ by Ofsted. Hemel Hempstead train station is also within reasonable proximity, providing convenient access to other areas.

Based on the provided images, the property appears to be in generally fair condition. While the bathroom seems recently updated, other areas such as the living room and bedrooms show signs of wear and tear. There is some clutter visible in several rooms, which may affect the overall perception of condition. The property also benefits from a balcony.

While the plot size isn’t specified, the external images suggest the property has some communal green space. However, there’s no evidence of a private garden.

The list price of £240,000 is significantly lower than the average house price in the area (£503,971). However, it’s important to note that the average price includes various property types, not just flats. The lack of square footage data for this property and the surrounding properties makes a precise price per square foot comparison impossible. Considering the condition and the type of property (a flat), the price may be reasonable for the location, but further information on the size of the flat is needed for a more definitive assessment. Nearby comparable flats on Spring Lane sold for between £148,000 and £205,000, suggesting the list price may be on the higher end of the range for similar properties in the immediate vicinity.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
6
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
557.00
Lot (est)
707.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
499,615.00 £
Increased by 8.56 %
from 460,210.00 £
Est sale value
504,642.00 £
Increased by 116.23 %
from 233,383.00 £
Average area rental value
1,593.00 £/mo
Increased by 5.50 %
from 1,510.00 £/mo
Est letting value
1,114.00 £/mo
Increased by 100.00 %
from 557.00 £/mo
Est rental Yield
3.83 %
Decreased by 2.79 %
from 3.94 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Brown & Merry created the listing.

Nearby Schools

NameTypeOfstedDistance
Micklem Primary SchoolCommunity SchoolGood0.29 KM
Galley Hill Primary School And NurseryCommunity SchoolGood0.52 KM
D4 Galley Hill Family CentreChildren's Centre0.52 KM
John F Kennedy Catholic SchoolVoluntary Aided SchoolGood0.94 KM
Laureate AcademyAcademy Sponsor Led0.98 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Great Sturgess Road £ 000.00 KM
School End Crescent £ 000.00 KM
Mount Close £ 000.00 KM
Lareate Way £ 575,00000.00 KM
Saint Nicholas Mount £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hemel Hempstead1391HML1.91 KM
Apsley1430APS4.38 KM
Berkhamsted1390BKM7.77 KM
Kings Langley1392KGL8.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spring Lane, Hemel Hempstead £ 240,000BUY5 / 100.00 KM
Spring Lane, Hemel Hempstead, HP1 £ 475,000BUY7 / 100.01 KM
Spring Lane, Hemel Hempstead, Hertfordshire, HP1 £ 525,000BUY6 / 100.12 KM
Furlongs, Hemel Hempstead £ 400,000BUYUnknown0.14 KM
Hasedines Road, Hemel Hempstead, HP1 £ 475,000BUY7 / 100.17 KM

Nearby Properties

AddressPriceDistance
128 Spring Lane £ 274,0000.00 KM
65 Spring Lane £ 150,0000.00 KM
146 Spring Lane £ 355,0000.00 KM
132 Spring Lane £ 216,0000.00 KM
67 Spring Lane £ 148,0000.00 KM