According to the public record, 5, Mayo Close, Waltham Cross is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 472 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Mayo Close, Cheshunt, Waltham Cross, EN8 is located in the borough of Broxbourne within the EN8 postal district.
5, Mayo Close, Waltham Cross has a single entry in the Land Registry database from August 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Mayo Close Waltham Cross as £214,291 and the rental value as £1,220 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 5 Mayo Close Waltham Cross has increased by £5,389 (2.5%) and its rental value has increased by £81 per month (6.6%).
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 5, Mayo Close, Waltham Cross is in very good condition we estimate a sale value of £225,006 and rental value of £1,281 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,291 and a rental value of £1,134 per month.
If you were able to purchase this property for the estimated value of £214,291, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,053 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, 5, Mayo Close, Waltham Cross was last sold on 30 Aug 2013 for £115,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 63.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mayo Close, Waltham Cross within a radius of 540 metres over the last 2 years.
The most recent example is Flat 5, Holt House, Flamstead End Road, Waltham Cross, EN8 0HR, a Leasehold flat which sold for £210,000 in Mar 2023.
Read more about house prices in EN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mayo Close, Cheshunt, Waltham Cross, EN8 has a total of 37 addresses. According to our analysis of all the public data, 5, Mayo Close, Waltham Cross is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in EN8.
The closest station to 5, Mayo Close, Waltham Cross is Cheshunt station which is 1.8 kilometres 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 5, Mayo Close, Waltham Cross, 41.6% of property is privately owned with a mortgage and 33.2% is socially rented.
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 5, Mayo Close, Waltham Cross, 25.7% of residents are recorded as possessing school level qualifications and 32.6% 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 5, Mayo Close, Waltham Cross, the average age was 40.1 and the most common age was 37.
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 5, Mayo Close, Waltham Cross, 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 5, Mayo Close, Waltham Cross, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.