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According to the public record, 56, Musley Lane, Ware is a early-century freehold house with 4,854 ft2 of internal area.
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 56, Musley Lane, Ware is £1,325,926 and the estimated rental value is £4,203 per month.
Musley Lane, Ware, SG12 is located in the borough of East Hertfordshire within the SG12 postal district.
56, Musley Lane, Ware has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated September 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 56, Musley Lane, Ware is in very good condition we estimate a sale value of £1,392,222 and a rental value of £4,413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,233,111 and a rental value of £3,909 per month.
Over the last 12 months the sale value of 56 Musley Lane Ware has decreased by an estimated £36,725 (2.8%) and its rental value has increased by an estimated £102 per month (2.4%), giving an expected gross yield of 3.8%.
56, Musley Lane, Ware has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2017.
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, 56, Musley Lane, Ware was last sold on 15th March 2018 for £525,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2018, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 470 metres radius of 56, Musley Lane, Ware over the last 2 years.
The most recent example is 58, Musley Lane, Ware, SG12 7EP, a freehold house which sold for £720,000 on the 2nd September 2022.
Read more about house prices in SG12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Musley Lane, Ware, SG12 has a total of 77 addresses. According to our analysis of all the public data, 56, Musley Lane, Ware is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £852k more expensive than the average property in SG12.
The closest station to 56, Musley Lane, Ware is Ware (Herts) station which is 700 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 56, Musley Lane, Ware, 54.9% of property is privately owned with a mortgage and 36.3% is privately owned outright.
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 56, Musley Lane, Ware, 17.5% of residents are recorded as possessing school level qualifications and 49.0% 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 56, Musley Lane, Ware, the average age was 41 and the most common age was 42.
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 56, Musley Lane, Ware, 1.3% 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 56, Musley Lane, Ware, 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.