According to the public record, Flat 1, John Eccles House, Welwyn Garden City is a modern leasehold apartment and with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in John Eccles House, Ludwick Way, Welwyn Garden City, AL7.
Ludwick Way, Welwyn Garden City, AL7 is located in the borough of Welwyn Hatfield within the AL7 postal district.
Flat 1, John Eccles House, Welwyn Garden City has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated October 2016.
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 Flat 1 John Eccles House Welwyn Garden City as £214,922 and the rental value as £1,057 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 1 John Eccles House Welwyn Garden City has increased by £3,853 (1.8%) and its rental value has increased by £56 per month (5.3%).
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 Flat 1, John Eccles House, Welwyn Garden City is in very good condition we estimate a sale value of £225,668 and rental value of £1,110 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,878 and a rental value of £983 per month.
If you were able to purchase this property for the estimated value of £214,922, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,056 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, Flat 1, John Eccles House, Welwyn Garden City was last sold on 28 Jun 2021 for £202,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, John Eccles House, Welwyn Garden City within a radius of 308m 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.
Ludwick Way, Welwyn Garden City, AL7 has a total of 185 addresses. According to our analysis of all the public data, Flat 1, John Eccles House, Welwyn Garden City is the 150th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in AL7.
Flat 1, John Eccles House, Welwyn Garden City has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2016.
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 Flat 1, John Eccles House, Welwyn Garden City is Welwyn Garden City station which is 800 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 Flat 1, John Eccles House, 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 Flat 1, John Eccles House, 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 Flat 1, John Eccles House, 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 Flat 1, John Eccles House, 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 Flat 1, John Eccles House, 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.