According to the public record, 8, Alderman Close, Hatfield is a mid-century apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Alderman Close, Welham Green, North Mymms, Hatfield, AL9 is located in the borough of Welwyn Hatfield within the AL9 postal district.
8, Alderman Close, Hatfield has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2023.
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 8 Alderman Close Hatfield as £233,062 and the rental value as £1,263 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 8 Alderman Close Hatfield has increased by £4,369 (1.9%) and its rental value has increased by £57 per month (4.5%).
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 8, Alderman Close, Hatfield is in very good condition we estimate a sale value of £244,716 and rental value of £1,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,748 and a rental value of £1,175 per month.
If you were able to purchase this property for the estimated value of £233,062, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,145 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, 8, Alderman Close, Hatfield was last sold on 24 Jan 2003 for £111,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Alderman Close, Hatfield within a radius of 1.5 kilometres over the last 2 years.
The most recent example is Flat 3, Caxton Lodge 3, Dellsome Lane, Hatfield, AL9 7DY, a Leasehold flat which sold for £240,000 in Nov 2023.
Read more about house prices in AL9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alderman Close, Welham Green, North Mymms, Hatfield, AL9 has a total of 27 addresses. According to our analysis of all the public data, 8, Alderman Close, Hatfield is the 14th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £497k less expensive than the average property in AL9.
8, Alderman Close, Hatfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 8, Alderman Close, Hatfield is Welham Green station which is 600 metres 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 8, Alderman Close, Hatfield, 32.8% of property is privately rented and 24.6% 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 8, Alderman Close, Hatfield, 17.7% of residents are recorded as possessing school level qualifications and 29.1% 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 8, Alderman Close, Hatfield, the average age was 31.1 and the most common age was 22.
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 8, Alderman Close, Hatfield, 1.5% 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 8, Alderman Close, Hatfield, 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.