According to the public record, 21, Malting Mead, Hatfield is a mid-century leasehold apartment and with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Malting Mead, Hatfield, AL10 is located in the borough of Welwyn Hatfield within the AL10 postal district.
21, Malting Mead, Hatfield has 21 entries in the Land Registry database, most recently in June 2022 and 2 entries in the EPC database, most recently in September 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 reasonable condition, we estimate the current sale value for 21 Malting Mead Hatfield as £267,437 and the rental value as £1,178 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 21 Malting Mead Hatfield has increased by £4,976 (1.9%) and its rental value has increased by £65 per month (5.5%).
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 21, Malting Mead, Hatfield is in very good condition we estimate a sale value of £280,809 and rental value of £1,237 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,717 and a rental value of £1,095 per month.
If you were able to purchase this property for the estimated value of £267,437, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,314 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, 21, Malting Mead, Hatfield was last sold on 28 Jun 2022 for £229,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Malting Mead, Hatfield within a radius of 38m over the last 2 years.
The most recent example is 7, Malting Mead, Hatfield, AL10 8AR, a Leasehold flat which sold for £272,500 in Jan 2023.
Read more about house prices in AL10.
Our network of Estate Agents report 3 lets within a 504m radius of 21, Malting Mead, Hatfield over the last 2 years.
Most recently 5 Parkgate House, Great North Road, Hatfield, AL9 5FA, a Leasehold flat let by Collinson Hall for an undisclosed amount in Dec 2023.
Malting Mead, Hatfield, AL10 has a total of 34 addresses. According to our analysis of all the public data, 21, Malting Mead, Hatfield is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in AL10.
21, Malting Mead, Hatfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 21, Malting Mead, Hatfield is Hatfield (Herts) station which is 100 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 21, Malting Mead, Hatfield, 43.4% of property is privately owned outright and 41.6% 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 21, Malting Mead, Hatfield, 20.5% of residents are recorded as possessing school level qualifications and 50.0% 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 21, Malting Mead, 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 21, Malting Mead, Hatfield, 0.7% 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 21, Malting Mead, Hatfield, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.