Flat 2, 1-5
Flat 2, 1-5
Description & Estimates
According to the public record, Flat 2, 1-5, Park Street, Hatfield is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 622 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 1-5, Park Street, Hatfield is £275,935 and the estimated rental value is £1,500 per month.
The apartment is within 1-5, Park Street, Hatfield, AL9.
Park Street, Hatfield, AL9 is located in the borough of Welwyn Hatfield within the AL9 postal district.
Our Data Sources
Flat 2, 1-5, Park Street, Hatfield has a single entry in the Land Registry from July 2022 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Flat 2, 1-5, Park Street, Hatfield is in very good condition we estimate a sale value of £289,732 and a rental value of £1,575 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,619 and a rental value of £1,395 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 1-5, Park Street, Hatfield has dropped by £2,963 (1.1%), while its estimated rental value has risen by £50 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Sold Prices
According to HM Land Registry, Flat 2, 1-5, Park Street, Hatfield was last sold on 15th July 2022 for £280,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has dropped by 14.6%.
- Sold Jul 2022£280,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1-5, Park Street, Hatfield within a radius of 740 metres over the last 2 years.
The most recent example is Flat 23, Blackhorse House 36, Salisbury Square, Hatfield, AL9 5FE, a leasehold flat which sold for £325,000 on the 11th August 2023.
Read more about house prices in AL9.
- Sold Aug 2023£325,000 | 2 Bed FlatBlackhorse House 36, Salisbury SquareFlat 23, Blackhorse House 36, Salisbury Square, Hatfield, AL9 5FE
- Sold Aug 2023£275,000 | 2 Bed FlatBlackhorse House 36, Salisbury SquareFlat 5, Blackhorse House 36, Salisbury Square, Hatfield, AL9 5FE
- Sold Aug 2023£369,500 | 2 Bed FlatBlackhorse House 36, Salisbury SquareFlat 25, Blackhorse House 36, Salisbury Square, Hatfield, AL9 5FE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Park Street, Hatfield, AL9 has a total of 44 addresses. According to our analysis of all the public data, Flat 2, 1-5, Park Street, Hatfield is the 25th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £445k less expensive than the average property in AL9.
More reading links
Schools Nearby
- 400mCountess Anne Church of England School
- 1.0kmSt Philip Howard Catholic Primary School
- 1.0kmOak View Primary and Nursery School
- 600mOnslow St Audrey's School
- 1.0kmBishop's Hatfield Girls' School
- 3.1kmStanborough School
More reading links
Public Transport Nearby
The closest station to Flat 2, 1-5, Park Street, Hatfield is Hatfield (Herts) station, which is 200 metres away.
- 200mHatfield (Herts)
- 3.0kmWelham Green
- 4.3kmWelwyn Garden City
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
