According to the public record, 7, Malting Mead, Hatfield is a mid-century leasehold apartment and with 570 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.
7, Malting Mead, Hatfield has 2 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated July 2021.
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 7 Malting Mead Hatfield as £244,130 and the rental value as £1,106 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 7 Malting Mead Hatfield has increased by £4,543 (1.9%) and its rental value has increased by £61 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 7, Malting Mead, Hatfield is in very good condition we estimate a sale value of £256,337 and rental value of £1,161 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,041 and a rental value of £1,028 per month.
If you were able to purchase this property for the estimated value of £244,130, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,200 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, 7, Malting Mead, Hatfield was last sold on 27 Jan 2023 for £272,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Malting Mead, Hatfield within a radius of 57m over the last 2 years.
The most recent example is 24, Malting Mead, Hatfield, AL10 8AR, a Leasehold flat which sold for £295,000 in Aug 2021.
Read more about house prices in AL10.
Our network of Estate Agents report 3 lets within a 474m radius of 7, 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, 7, Malting Mead, Hatfield is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in AL10.
7, Malting Mead, Hatfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2021.
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 7, 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 7, 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 7, 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 7, 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 7, 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 7, 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.