According to the public record, 4, Home Ley, Welwyn Garden City is a modern apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Home Ley, Welwyn Garden City, AL7 is located in the borough of Welwyn Hatfield within the AL7 postal district.
4, Home Ley, Welwyn Garden City has no records in the Land Registry database and a single entry in the EPC database dated January 2022.
We combine this information with public data 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 4 Home Ley Welwyn Garden City as £206,634 and the rental value as £1,114 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 4 Home Ley Welwyn Garden City has increased by £3,885 (1.9%) and its rental value has increased by £60 per month (5.4%).
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 4, Home Ley, Welwyn Garden City is in very good condition we estimate a sale value of £216,966 and rental value of £1,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,169 and a rental value of £1,036 per month.
If you were able to purchase this property for the estimated value of £206,634, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,016 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Home Ley, Welwyn Garden City within a radius of 298m over the last 2 years.
The most recent example is 27, Duncan Close, Welwyn Garden City, AL7 3XP, a Leasehold flat which sold for £212,500 in Apr 2023.
Read more about house prices in AL7.
Home Ley, Welwyn Garden City, AL7 has a total of 26 addresses. According to our analysis of all the public data, 4, Home Ley, Welwyn Garden City is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in AL7.
4, Home Ley, Welwyn Garden City has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2022.
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 4, Home Ley, Welwyn Garden City is Welwyn Garden City station which is 700 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 4, Home Ley, Welwyn Garden City, 63.6% of property is socially rented and 14.6% 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 4, Home Ley, Welwyn Garden City, 22.8% of residents are recorded as possessing school level qualifications and 23.8% 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 4, Home Ley, Welwyn Garden City, the average age was 34.7 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 4, Home Ley, Welwyn Garden City, 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 4, Home Ley, Welwyn Garden City, 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.