According to the public record, 77, Newfields, Welwyn Garden City is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 850 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Newfields, Welwyn Garden City, AL8 is located in the borough of Welwyn Hatfield within the AL8 postal district.
77, Newfields, Welwyn Garden City has 31 entries in the Land Registry database, most recently in May 2006 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 77 Newfields Welwyn Garden City as £480,957 and the rental value as £2,153 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 77 Newfields Welwyn Garden City has increased by £9,601 (2.0%) and its rental value has increased by £116 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 77, Newfields, Welwyn Garden City is in very good condition we estimate a sale value of £505,004 and rental value of £2,261 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,290 and a rental value of £2,002 per month.
If you were able to purchase this property for the estimated value of £480,957, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,364 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, 77, Newfields, Welwyn Garden City was last sold on 10 May 2006 for £215,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Newfields, Welwyn Garden City within a radius of 184m over the last 2 years.
The most recent example is 57, Newfields, Welwyn Garden City, AL8 6YS, a Freehold house which sold for £434,000 in Aug 2023.
Read more about house prices in AL8.
Newfields, Welwyn Garden City, AL8 has a total of 76 addresses. According to our analysis of all the public data, 77, Newfields, Welwyn Garden City is the 28th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in AL8.
The closest station to 77, Newfields, Welwyn Garden City is Welwyn Garden City station which is 1.6 km 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 77, Newfields, Welwyn Garden City, 37.2% of property is privately owned with a mortgage and 28.9% 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 77, Newfields, Welwyn Garden City, 22.8% of residents are recorded as possessing school level qualifications and 36.3% 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 77, Newfields, Welwyn Garden City, the average age was 45.1 and the most common age was 57.
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 77, Newfields, Welwyn Garden City, 1.2% 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 77, Newfields, Welwyn Garden City, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.