According to the public record, 12 Parkgate House, Hatfield is a modern leasehold apartment and with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Parkgate House, Great North Road, Hatfield, AL9.
Great North Road, Hatfield, AL9 is located in the borough of Welwyn Hatfield within the AL9 postal district.
12 Parkgate House, Hatfield has 2 entries in the Land Registry database, most recently in July 2022 and no records in the EPC database.
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 reasonable condition, we estimate the current sale value for 12 Parkgate House Hatfield as £243,315 and the rental value as £1,375 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 12 Parkgate House Hatfield has increased by £4,037 (1.7%) and its rental value has increased by £73 per month (5.3%).
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 12 Parkgate House, Hatfield is in very good condition we estimate a sale value of £255,480 and rental value of £1,444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,282 and a rental value of £1,279 per month.
If you were able to purchase this property for the estimated value of £243,315, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,196 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, 12 Parkgate House, Hatfield was last sold on 29 Jul 2022 for £245,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12 Parkgate House, Hatfield within a radius of 0m over the last 2 years.
The most recent example is 21 Parkgate House, Great North Road, Hatfield, AL9 5FA, a Leasehold flat which sold for £262,500 in Dec 2022.
Read more about house prices in AL9.
Our network of Estate Agents report 2 lets of properties similar to 12 Parkgate House, Hatfield within a radius of 0m over the last 2 years.
Most recently 6 Parkgate House, Great North Road, Hatfield, AL9 5FA, a Leasehold flat let by Collinson Hall for an undisclosed amount in May 2024.
Great North Road, Hatfield, AL9 has a total of 170 addresses. According to our analysis of all the public data, 12 Parkgate House, Hatfield is the 164th largest and the 164th most expensive property on the street.
When compared to the postcode district it is £487k less expensive than the average property in AL9.
12 Parkgate House, Hatfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to 12 Parkgate House, Hatfield is Hatfield (Herts) station which is 200 m 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 12 Parkgate House, Hatfield, 48.4% of property is privately rented and 30.1% 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 12 Parkgate House, Hatfield, 13.2% of residents are recorded as possessing school level qualifications and 53.1% 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 12 Parkgate House, Hatfield, the average age was 39.8 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 12 Parkgate House, Hatfield, 0.0% 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 12 Parkgate House, Hatfield, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.