FLAT 1, RIVERSIDE, BITTERN CLOSE, HEMEL HEMPSTEAD, HP3 9FG - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 1 RIVERSIDE is a small flat of 51m², built sometime between 1996 and 2002, which could now be worth an estimated £320,083. It was last sold for £310,000 in January 2022, which was around 22% above the average January 2022 flat price in the Dacorum local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

FLAT 1 RIVERSIDE Sold Prices

Land registry data shows six sales for FLAT 1 RIVERSIDE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Dacorum local authority area for the corresponding sale date. All of the six FLAT 1 RIVERSIDE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 5 JAN	£310,000	£254,360	22% above HPI
2019 13 NOV	£285,000	£243,269	17% above HPI
2018 14 SEP	£275,000	£246,875	11% above HPI
2008 18 JAN	£194,000	£184,061	5% above HPI
2002 12 NOV	£175,000	£126,627	38% above HPI
2000 24 NOV	£134,950	£91,666	47% above HPI

What might FLAT 1 RIVERSIDE be worth now?

FLAT 1 RIVERSIDE might now be worth an estimated £320,083.

This is based on house price inflation of 3.3%, between January 2022 and May 2026, for flats, in the Dacorum local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% inflationary increase is applied to the most recent sale price for FLAT 1 RIVERSIDE of £310,000 on 5th January 2022. For the value to have increased from £310,000 to £320,083 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of FLAT 1 RIVERSIDE has moved in line with the HPI for flats in the Dacorum local authority area.
• The January 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 RIVERSIDE has not materially changed since January 2022.

How Large is FLAT 1 RIVERSIDE?

FLAT 1 RIVERSIDE is 51m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of flats in Hemel Hempstead, based on EPC data. 37% of flats are smaller than FLAT 1 RIVERSIDE, and 60% of flats are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

FLAT 1 RIVERSIDE: Plot

FLAT 1 RIVERSIDE sits on a plot of roughly 1.9 acres, or 7,542m².

Where is FLAT 1 RIVERSIDE?

FLAT 1, RIVERSIDE is located on BITTERN CLOSE in HEMEL HEMPSTEAD, in the HP3 postcode district.