Flat 2, Welcombe House 1
Flat 2, Welcombe House 1
Description & Estimates
Public records show Flat 2, Welcombe House 1, Harpenden to be a modern leasehold apartment with 2,281 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 2, Welcombe House 1, Harpenden has an estimated sale value of £1,868,427 and an estimated rental value of £5,271 per month, assuming reasonable condition and based on the information available.
The apartment sits within Welcombe House, Gibbs Close, Harpenden, AL5.
Gibbs Close, Harpenden, AL5 lies in the borough of St. Albans, within the AL5 postal district.
Our Data Sources
Flat 2, Welcombe House 1, Harpenden has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, Welcombe House 1, Harpenden would be worth £1,961,848, with a potential rental value of £5,535 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,737,637, with a rental value of £4,902 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, Welcombe House 1, Harpenden has declined by £4,392 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £149 (2.8%). The property's estimated gross yield is currently 3.4%.
Energy Efficiency
Flat 2, Welcombe House 1, Harpenden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2018.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, Welcombe House 1, Harpenden last changed hands on 27th August 2021, selling for £1,499,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 43.0% since August 2021.
- Sold Aug 2021£1,499,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 640 metres of Flat 2, Welcombe House 1, Harpenden across the last 2 years.
Most recently, Flat 5, Welcombe House 1, Gibbs Close, Harpenden, AL5 1FA, a leasehold flat, sold at £1,350,000 on the 30th April 2021.
Read more about house prices in AL5.
- Sold Apr 2021£1,350,000 | 3 Bed FlatFlat 5, Welcombe House 1, Gibbs Close, Harpenden, AL5 1FAFlat 5, Welcombe House 1, Gibbs Close, Harpenden, AL5 1FA
- Sold Dec 2019£1,795,000 | 3 Bed FlatFlat 4, Welcombe House 1, Gibbs Close, Harpenden, AL5 1FAFlat 4, Welcombe House 1, Gibbs Close, Harpenden, AL5 1FA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, Welcombe House 1, Harpenden as the largest and the most expensive of the 37 addresses on Gibbs Close, Harpenden, AL5.
Against the AL5 postcode district average, it is £909k more expensive than the typical property.
More reading links
Schools Nearby
- 100mSt Dominic Catholic Primary School
- 300mHarpenden Academy
- 600mSt Nicholas CofE VA Primary School
- 1.0kmSt George's School
- 1.1kmSir John Lawes School
- 1.6kmRoundwood Park School
More reading links
Public Transport Nearby
Harpenden station is the nearest stop to Flat 2, Welcombe House 1, Harpenden at 200 metres away.
- 200mHarpenden
- 7.2kmSt Albans City
- 7.3kmLuton Airport Parkway
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
