Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 71, Gresley Close, Welwyn Garden City is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,359 ft2 of internal area and sits on a 286 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 71, Gresley Close, Welwyn Garden City is £697,919 and the estimated rental value is £2,583 per month.
Gresley Close, Welwyn Garden City, AL8 is located in the borough of Welwyn Hatfield within the AL8 postal district.
71, Gresley Close, Welwyn Garden City has a single entry in the Land Registry from March 2009 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 71, Gresley Close, Welwyn Garden City is in very good condition we estimate a sale value of £732,815 and a rental value of £2,713 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £649,065 and a rental value of £2,403 per month.
Over the last 12 months the sale value of 71 Gresley Close Welwyn Garden City has decreased by an estimated £6,894 (1.0%) and its rental value has increased by an estimated £90 per month (3.5%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 71, Gresley Close, Welwyn Garden City sits on a plot of 286m2.
We have plot size data on 44 out of 50 other houses in the postcode and 71, Gresley Close, Welwyn Garden City sits on the 16th largest plot.
According to HM Land Registry, 71, Gresley Close, Welwyn Garden City was last sold on 9th March 2009 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2009, the market for similar properties has risen 67.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Gresley Close, Welwyn Garden City within a radius of 670 metres over the last 2 years.
The most recent example is 16, Gresley Close, Welwyn Garden City, AL8 7QB, a freehold house which sold for £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.
Gresley Close, Welwyn Garden City, AL8 has a total of 97 addresses. According to our analysis of all the public data, 71, Gresley Close, Welwyn Garden City is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in AL8.
The closest station to 71, Gresley Close, Welwyn Garden City is Welwyn Garden City 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.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around 71, 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 71, 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 71, 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 71, 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 71, 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.
