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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 48, Mill Lane, Welwyn is a period freehold house with 828 ft2 of internal area and sits on a 154 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 48, Mill Lane, Welwyn is £636,160 and the estimated rental value is £2,203 per month.
Mill Lane, Welwyn, AL6 is located in the borough of Welwyn Hatfield within the AL6 postal district.
48, Mill Lane, Welwyn has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated April 2017.
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 48, Mill Lane, Welwyn is in very good condition we estimate a sale value of £667,968 and a rental value of £2,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £591,629 and a rental value of £2,049 per month.
Over the last 12 months the sale value of 48 Mill Lane Welwyn has decreased by an estimated £2,542 (0.4%) and its rental value has increased by an estimated £90 per month (4.1%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 48, Mill Lane, Welwyn sits on a plot of 154m2.
We have plot size data on 4 out of 7 other houses in the postcode and 48, Mill Lane, Welwyn sits on the 3rd largest plot.
48, Mill Lane, Welwyn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 2017.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 48, Mill Lane, Welwyn was last sold on 12th February 2021 for £575,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2021, the market for similar properties has risen 39.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Mill Lane, Welwyn within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 6, Ellesfield, Welwyn, AL6 9HB, a freehold house which sold for £486,500 on the 8th October 2024.
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 1.2 kilometres radius of 48, Mill 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.
Mill Lane, Welwyn, AL6 has a total of 47 addresses. According to our analysis of all the public data, 48, Mill Lane, Welwyn is the 31st largest and the 17th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in AL6.
The closest station to 48, Mill Lane, Welwyn is Welwyn North station which is 1.6 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Mill Lane, Welwyn, 37.4% of property is privately owned outright and 37.4% 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 48, Mill Lane, Welwyn, 16.8% of residents are recorded as possessing school level qualifications and 40.1% 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 48, Mill 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 48, Mill Lane, Welwyn, 1.2% 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 48, Mill Lane, Welwyn, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
