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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, 3, Old Forge Close, Welwyn is a mid-century freehold house with 2,249 ft2 of internal area and sits on a 1,190 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 3, Old Forge Close, Welwyn is £1,109,197 and the estimated rental value is £3,234 per month.
Old Forge Close, Welwyn, AL6 is located in the borough of Welwyn Hatfield within the AL6 postal district.
3, Old Forge Close, Welwyn has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 3, Old Forge Close, Welwyn is in very good condition we estimate a sale value of £1,164,657 and a rental value of £3,396 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,031,553 and a rental value of £3,007 per month.
Over the last 12 months the sale value of 3 Old Forge Close Welwyn has decreased by an estimated £24,417 (2.2%) and its rental value has increased by an estimated £73 per month (2.3%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 3, Old Forge Close, Welwyn sits on a plot of 1190m2.
We have plot size data on 10 out of 10 other houses in the postcode and 3, Old Forge Close, Welwyn sits on the 3rd largest plot.
3, Old Forge Close, Welwyn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Mar 2022.
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, 3, Old Forge Close, Welwyn was last sold on 9th September 2022 for £1,200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Old Forge Close, Welwyn within a radius of 790 metres over the last 2 years.
The most recent example is Tsalta, Digswell Lane, Welwyn, AL6 0SN, a freehold house which sold for £918,000 on the 19th June 2020.
Read more about house prices in AL6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Forge Close, Welwyn, AL6 has a total of 10 addresses. According to our analysis of all the public data, 3, Old Forge Close, Welwyn is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £333k more expensive than the average property in AL6.
The closest station to 3, Old Forge Close, Welwyn is Welwyn North station which is 600 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 3, Old Forge Close, Welwyn, 48.0% of property is privately owned outright and 40.7% 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 3, Old Forge Close, Welwyn, 18.9% of residents are recorded as possessing school level qualifications and 53.3% 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 3, Old Forge Close, Welwyn, the average age was 45.8 and the most common age was 57.
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 3, Old Forge Close, Welwyn, 1.6% 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 3, Old Forge Close, Welwyn, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
