According to the public record, Flat 3, Welcombe House 1, Harpenden is a modern leasehold apartment with 1,915 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Welcombe House, Gibbs Close, Harpenden, AL5.
Gibbs Close, Harpenden, AL5 is located in the borough of St. Albans within the AL5 postal district.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Flat 3 Welcombe House 1 Harpenden as £1,588,676 and the rental value as £3,784 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of Flat 3 Welcombe House 1 Harpenden has increased by £29,308 (1.8%) and its rental value has increased by £335 per month (8.8%).
Flat 3, Welcombe House 1, Harpenden has a single entry in the Land Registry database from September 2020 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.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
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 3, Welcombe House 1, Harpenden is in very good condition we estimate a sale value of £1,668,110 and rental value of £3,974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,477,468 and a rental value of £3,519 per month.
If you were able to purchase this property for the estimated value of £1,588,676, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,808 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 3, Welcombe House 1, Harpenden was last sold on 30 Sep 2020 for £1,400,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 3, Welcombe House 1, Harpenden within a radius of 640 metres over the last 2 years.
The most recent example is Flat 4, Welcombe House 1, Gibbs Close, Harpenden, AL5 1FA, a Leasehold flat which sold for £1,795,000 in Dec 2019.
Read more about house prices in AL5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gibbs Close, Harpenden, AL5 has a total of 37 addresses. According to our analysis of all the public data, Flat 3, Welcombe House 1, Harpenden is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £659k more expensive than the average property in AL5.
Flat 3, Welcombe House 1, Harpenden has an Energy Performance Rating (EPC) of B. 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 a boiler and radiators.
The closest station to Flat 3, Welcombe House 1, Harpenden is Harpenden station which is 200 metres away.
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 Flat 3, Welcombe House 1, Harpenden, 32.2% of property is privately rented and 27.2% is privately owned outright.
The graph below shows how this compares to Greater London 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 Flat 3, Welcombe House 1, Harpenden, 21.5% of residents are recorded as possessing school level qualifications and 61.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 3, Welcombe House 1, Harpenden, the average age was 42 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 Flat 3, Welcombe House 1, Harpenden, 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 Flat 3, Welcombe House 1, Harpenden, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.