According to the public record, Flat 2, Walby House 23, Hatfield is a modern leasehold apartment and with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Walby House, Park Street, Hatfield, AL9.
Park Street, Hatfield, AL9 is located in the borough of Welwyn Hatfield within the AL9 postal district.
Flat 2, Walby House 23, Hatfield has a single entry in the Land Registry database from June 2021 and no records in the EPC database.
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 good condition, we estimate the current sale value for Flat 2 Walby House 23 Hatfield as £258,777 and the rental value as £1,276 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 2 Walby House 23 Hatfield has increased by £4,294 (1.7%) and its rental value has increased by £67 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 2, Walby House 23, Hatfield is in very good condition we estimate a sale value of £271,716 and rental value of £1,340 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,663 and a rental value of £1,187 per month.
If you were able to purchase this property for the estimated value of £258,777, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,272 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 2, Walby House 23, Hatfield was last sold on 29 Jun 2021 for £310,000 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 dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Walby House 23, Hatfield within a radius of 257m over the last 2 years.
The most recent example is 21 Parkgate House, Great North Road, Hatfield, AL9 5FA, a Leasehold flat which sold for £262,500 in Dec 2022.
Read more about house prices in AL9.
Our network of Estate Agents report 1 let of a property similar to Flat 2, Walby House 23, Hatfield within a radius of 257m 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.
Park Street, Hatfield, AL9 has a total of 42 addresses. According to our analysis of all the public data, Flat 2, Walby House 23, Hatfield is the 28th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £471k less expensive than the average property in AL9.
Flat 2, Walby House 23, Hatfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 2, Walby House 23, Hatfield is Hatfield (Herts) station which is 200 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 2, Walby House 23, Hatfield, 48.4% of property is privately rented and 30.1% 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 2, Walby House 23, Hatfield, 13.2% of residents are recorded as possessing school level qualifications and 53.1% 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 Flat 2, Walby House 23, 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 Flat 2, Walby House 23, Hatfield, 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 2, Walby House 23, Hatfield, 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.