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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
6, Gresley Close, Welwyn Garden City is recorded publicly as a modern freehold house across 1,227 ft2 of internal area, sitting on a 236 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 6, Gresley Close, Welwyn Garden City is £643,927 and its rental estimate is £2,527 per month, given the available information and assuming reasonable condition.
Gresley Close, Welwyn Garden City, AL8 falls within the AL8 postal district, in the borough of Welwyn Hatfield.
6, Gresley Close, Welwyn Garden City has a single entry in the Land Registry from December 2014 and a single entry in the EPC database dated August 2014.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 6, Gresley Close, Welwyn Garden City, we estimate a market value of £676,123 and a rental value of £2,653 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £598,852 and £2,350 per month respectively.
Over the last year, 6, Gresley Close, Welwyn Garden City has seen its estimated sale value fall by £6,361 (1.0%) and its estimated rental value move up by £88 per month (3.5%). This results in an estimated gross rental yield of 4.7%.
HM Land Registry records the plot of land for 6, Gresley Close, Welwyn Garden City as measuring 236 m2.
That makes it the 30th largest plot in the postcode, where 44 of the 47 other houses have recorded plot data.
6, Gresley Close, Welwyn Garden City has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 6, Gresley Close, Welwyn Garden City completed on 9th December 2014 at £565,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 12.3% over the period since December 2014.
Over the past 2 years 3 properties similar to 6, Gresley Close, Welwyn Garden City have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2022, was 3, Gresley Close, Welwyn Garden City, AL8 7QA, a freehold house which sold for £745,000.
Read more about house prices in AL8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 97 addresses on Gresley Close, Welwyn Garden City, AL8, 6, Gresley Close, Welwyn Garden City comes out as the 32nd largest and the 32nd most expensive in our analysis of the public data.
It is also £97k more expensive than the average property across the AL8 district.
From 6, Gresley Close, Welwyn Garden City, the nearest station is Welwyn Garden City, 700 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, Gresley Close, Welwyn Garden City, 39.9% of property is privately owned outright and 35.3% 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 6, Gresley Close, Welwyn Garden City, 18.6% of residents are recorded as possessing school level qualifications and 57.4% 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 6, Gresley Close, Welwyn Garden City, the average age was 41.4 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 6, Gresley Close, Welwyn Garden City, 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 6, Gresley Close, Welwyn Garden City, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
