According to the public record, 31, Malting Mead, Hatfield is a mid-century leasehold apartment and with 710 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.
31, Malting Mead, Hatfield has 21 entries in the Land Registry database, most recently in October 2007 and a single entry in the EPC database dated June 2013.
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 31 Malting Mead Hatfield as £277,431 and the rental value as £1,206 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 31 Malting Mead Hatfield has increased by £5,162 (1.9%) and its rental value has increased by £67 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 31, Malting Mead, Hatfield is in very good condition we estimate a sale value of £291,302 and rental value of £1,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,010 and a rental value of £1,122 per month.
If you were able to purchase this property for the estimated value of £277,431, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,363 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, 31, Malting Mead, Hatfield was last sold on 23 Oct 2007 for £192,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2007, the market for similar properties has risen 38.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Malting Mead, Hatfield within a radius of 203m over the last 2 years.
The most recent example is 2, St. Etheldredas Drive, Hatfield, AL10 8BZ, a Leasehold flat which sold for £220,000 in Apr 2023.
Read more about house prices in AL10.
Our network of Estate Agents report 3 lets within a 503m radius of 31, Malting Mead, 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.
Malting Mead, Hatfield, AL10 has a total of 34 addresses. According to our analysis of all the public data, 31, Malting Mead, Hatfield is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in AL10.
31, Malting Mead, Hatfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jun 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 31, 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 31, 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 31, 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 31, 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 31, 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 31, 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.