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According to the public record, 2, Malbec Close, Harpenden is a modern freehold house with 2,863 ft2 of internal area and sits on a 439 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Malbec Close, Harpenden is £2,000,089 and the estimated rental value is £4,633 per month.
Malbec Close, Harpenden, AL5 is located in the borough of St. Albans within the AL5 postal district.
2, Malbec Close, Harpenden has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated March 2021.
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, Malbec Close, Harpenden is in very good condition we estimate a sale value of £2,100,094 and a rental value of £4,864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,860,083 and a rental value of £4,308 per month.
Over the last 12 months the sale value of 2 Malbec Close Harpenden has increased by an estimated £3,392 (0.2%) and its rental value has increased by an estimated £63 per month (1.4%), giving an expected gross yield of 2.8%.
According to data from HM Land Registry, 2, Malbec Close, Harpenden sits on a plot of 439m2.
We have plot size data on 7 out of 7 other houses in the postcode and 2, Malbec Close, Harpenden sits on the 7th largest plot.
2, Malbec Close, Harpenden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Malbec Close, Harpenden was last sold on 1st July 2022 for £2,030,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has dropped 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Malbec Close, Harpenden within a radius of 680 metres over the last 2 years.
The most recent example is 15, Jameson Road, Harpenden, AL5 4HG, a freehold house which sold for £1,100,000 on the 17th November 2021.
Read more about house prices in AL5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malbec Close, Harpenden, AL5 has a total of 7 addresses. According to our analysis of all the public data, 2, Malbec Close, Harpenden is the largest and the most expensive property on the street.
When compared to the postcode district it is £1.031m more expensive than the average property in AL5.
The closest station to 2, Malbec Close, Harpenden is Harpenden station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, Malbec Close, Harpenden, 53.4% of property is privately owned outright and 35.6% 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, Malbec Close, Harpenden, 42.9% of residents are recorded as possessing school level qualifications and 65.5% 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, Malbec Close, Harpenden, the average age was 38.9 and the most common age was 12.
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, Malbec Close, Harpenden, 3.1% 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, Malbec Close, Harpenden, 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.
