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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
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According to the public record, 7, New Place, Welwyn is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,433 ft2 of internal area and sits on a 943 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, New Place, Welwyn is £918,069 and the estimated rental value is £3,487 per month.
New Place, Welwyn, AL6 is located in the borough of Welwyn Hatfield within the AL6 postal district.
7, New Place, Welwyn has a single entry in the Land Registry from September 2007 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 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 7, New Place, Welwyn is in very good condition we estimate a sale value of £963,972 and a rental value of £3,661 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £853,804 and a rental value of £3,243 per month.
Over the last 12 months the sale value of 7 New Place Welwyn has decreased by an estimated £15,326 (1.7%) and its rental value has increased by an estimated £102 per month (2.9%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 7, New Place, Welwyn sits on a plot of 943m2.
We have plot size data on 7 out of 8 other houses in the postcode and 7, New Place, Welwyn sits on the largest plot.
According to HM Land Registry, 7, New Place, Welwyn was last sold on 17th September 2007 for £827,200 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has risen 54.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, New Place, Welwyn within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 16, Blakes Way, Welwyn, AL6 9RE, a freehold house which sold for £947,500 on the 24th October 2023.
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 1.1 kilometres radius of 7, New Place, 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.
New Place, Welwyn, AL6 has a total of 8 addresses. According to our analysis of all the public data, 7, New Place, Welwyn is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £131k more expensive than the average property in AL6.
The closest station to 7, New Place, Welwyn is Welwyn North station which is 1.9 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 7, New Place, Welwyn, 46.7% of property is privately owned outright and 34.8% 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 7, New Place, Welwyn, 18.9% of residents are recorded as possessing school level qualifications and 46.8% 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 7, New Place, 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 7, New Place, Welwyn, 2.6% 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 7, New Place, Welwyn, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
