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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Forge Lane, Welwyn is a modern freehold house with 861 ft2 of internal area and sits on a 159 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Forge Lane, Welwyn is £651,227 and the estimated rental value is £2,249 per month.
Forge Lane, Welwyn, AL6 is located in the borough of Welwyn Hatfield within the AL6 postal district.
2, Forge Lane, Welwyn has a single entry in the Land Registry from July 2014 and a single entry in the EPC database dated September 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 2, Forge Lane, Welwyn is in very good condition we estimate a sale value of £683,788 and a rental value of £2,361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £605,641 and a rental value of £2,091 per month.
Over the last 12 months the sale value of 2 Forge Lane Welwyn has decreased by an estimated £6,558 (1.0%) and its rental value has increased by an estimated £74 per month (3.3%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 2, Forge Lane, Welwyn sits on a plot of 159m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Forge Lane, Welwyn sits on the 3rd largest plot.
2, Forge Lane, Welwyn has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Sep 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Forge Lane, Welwyn was last sold on 23rd July 2014 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2014, the market for similar properties has risen 78.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Forge Lane, Welwyn within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 37, Welwyn Hall Gardens, Welwyn, AL6 9LF, a freehold house which sold for £660,000 on the 14th August 2023.
Read more about house prices in AL6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 1.3 kilometres radius of 2, Forge Lane, Welwyn over the last 2 years.
Most recently 5, Wilga Road, Welwyn, AL6 9PT, a freehold house let by Collinson Hall in November 2023.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Lane, Welwyn, AL6 has a total of 3 addresses. According to our analysis of all the public data, 2, Forge Lane, Welwyn is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in AL6.
The closest station to 2, Forge Lane, Welwyn is Welwyn North station which is 1.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Forge Lane, Welwyn, 68.3% of property is privately owned outright and 22.8% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 2, Forge Lane, Welwyn, 12.8% of residents are recorded as possessing school level qualifications and 46.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Forge Lane, Welwyn, the average age was 41 and the most common age was 47.
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 2, Forge Lane, Welwyn, 1.9% 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 2, Forge Lane, Welwyn, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
