54, Gresley Close
54, Gresley Close
Description & Estimates
The public record lists 54, Gresley Close, Welwyn Garden City as a freehold house sitting on a 252 m2 plot.
Comparison with its neighbours suggests a modern house with 1,282 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
54, Gresley Close, Welwyn Garden City has an estimated sale value of £660,008 and an estimated rental value of £2,555 per month, assuming reasonable condition and based on the information available.
Gresley Close, Welwyn Garden City, AL8 lies in the borough of Welwyn Hatfield, within the AL8 postal district.
Our Data Sources
54, Gresley Close, Welwyn Garden City has 21 entries in the Land Registry , most recently in July 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 54, Gresley Close, Welwyn Garden City would be worth £693,008, with a potential rental value of £2,683 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £613,807, with a rental value of £2,376 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 54, Gresley Close, Welwyn Garden City has fallen by £6,519 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £89 (3.5%). The property's estimated gross yield is currently 4.6%.
Plot Size
54, Gresley Close, Welwyn Garden City occupies a 252 m2 plot as recorded by HM Land Registry.
Of the 47 other houses in this postcode, 44 have recorded plot sizes, and this one ranks as the 24th largest.
Sold Prices
54, Gresley Close, Welwyn Garden City last changed hands on 14th July 2008, selling for £425,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 51.5% since July 2008.
- Sold Jul 2008£425,000
- Sold Oct 1996£134,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 54, Gresley Close, Welwyn Garden City across the last 2 years.
Most recently, 16, Gresley Close, Welwyn Garden City, AL8 7QB, a freehold house, sold at £725,000 on the 29th March 2022.
Read more about house prices in AL8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 54, Gresley Close, Welwyn Garden City as the 26th largest and the 29th most expensive of the 97 addresses on Gresley Close, Welwyn Garden City, AL8.
Against the AL8 postcode district average, it is £113k more expensive than the typical property.
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Schools Nearby
- 600mTemplewood Primary School
- 1.0kmHarwood Hill Junior Mixed Infant and Nursery School
- 1.1kmHomerswood Primary and Nursery School
- 1.6kmMonk's Walk School
- 1.7kmRidgeway Academy
- 2.2kmStanborough School
More reading links
Public Transport Nearby
Welwyn Garden City station is the nearest stop to 54, Gresley Close, Welwyn Garden City at 700 metres away.
- 700mWelwyn Garden City
- 2.0kmWelwyn North
- 4.9kmHatfield (Herts)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
