According to the public record, 3 Red Lion Court, Hatfield is a modern Leasehold apartment and with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Red Lion Court, Great North Road, Hatfield, AL9.
Great North Road, Hatfield, AL9 is located in the borough of Welwyn Hatfield within the AL9 postal district.
3 Red Lion Court, Hatfield has 2 entries in the Land Registry database, most recently in June 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 3 Red Lion Court Hatfield as £296,588 and the rental value as £1,358 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 3 Red Lion Court Hatfield has increased by £4,921 (1.7%) and its rental value has increased by £72 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 3 Red Lion Court, Hatfield is in very good condition we estimate a sale value of £311,418 and rental value of £1,426 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,827 and a rental value of £1,263 per month.
If you were able to purchase this property for the estimated value of £296,588, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,458 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, 3 Red Lion Court, Hatfield was last sold on 14 Jun 2022 for £310,000 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 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Red Lion Court, Hatfield within a radius of 47m over the last 2 years.
The most recent example is Flat 25, 71, Great North Road, Hatfield, AL9 5EN, a Leasehold flat which sold for £315,000 in Jun 2023.
Read more about house prices in AL9.
Our network of Estate Agents report 3 lets within a 491m radius of 3 Red Lion Court, Hatfield 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, 3 Red Lion Court, Hatfield is the 108th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £434k less expensive than the average property in AL9.
3 Red Lion Court, Hatfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2013.
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 3 Red Lion Court, Hatfield is Hatfield (Herts) station which is 400 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 3 Red Lion Court, Hatfield, 38.7% of property is privately owned outright and 35.5% 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 3 Red Lion Court, Hatfield, 12.6% of residents are recorded as possessing school level qualifications and 53.4% 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 3 Red Lion Court, 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 3 Red Lion Court, Hatfield, 1.0% 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 3 Red Lion Court, 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.