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According to the public record, 2, Meridian Way, Ware is a modern freehold house with 1,151 ft2 of internal area and sits on a 212 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, Meridian Way, Ware is £600,342 and the estimated rental value is £2,159 per month.
Meridian Way, Stanstead Abbotts, Ware, SG12 is located in the borough of East Hertfordshire within the SG12 postal district.
2, Meridian Way, Ware has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Meridian Way, Ware is in very good condition we estimate a sale value of £630,359 and a rental value of £2,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £558,318 and a rental value of £2,008 per month.
Over the last 12 months the sale value of 2 Meridian Way Ware has decreased by an estimated £13,846 (2.3%) and its rental value has increased by an estimated £58 per month (2.7%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 2, Meridian Way, Ware sits on a plot of 212m2.
We have plot size data on 21 out of 22 other houses in the postcode and 2, Meridian Way, Ware sits on the 20th largest plot.
2, Meridian Way, Ware has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Apr 2018.
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, Meridian Way, Ware was last sold on 8th July 2019 for £605,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has dropped 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Meridian Way, Ware within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1, Timber Close, Ware, SG12 8FB, a freehold house which sold for £562,500 on the 8th December 2022.
Read more about house prices in SG12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meridian Way, Stanstead Abbotts, Ware, SG12 has a total of 22 addresses. According to our analysis of all the public data, 2, Meridian Way, Ware is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in SG12.
The closest station to 2, Meridian Way, Ware is St Margarets (Herts) station which is 400 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Meridian Way, Ware, 41.6% of property is privately owned with a mortgage and 36.4% is privately rented.
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, Meridian Way, Ware, 13.3% of residents are recorded as possessing school level qualifications and 45.4% 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, Meridian Way, Ware, the average age was 41.3 and the most common age was 17.
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, Meridian Way, Ware, 0.4% 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, Meridian Way, Ware, 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.