New Wood, Welwyn Garden City
WI

New Wood, Welwyn Garden City

By William H. Brown

£ 230,000

Reviews

2 out of 5 stars

William H. Brown says ..

This second floor two bedroom apartment is located in the very popular New Wood in Panshanger, Welwyn Garden City. Ideal first time buyers or as an investment purchase.

Property Oracle says ..

The property is a 2-bedroom flat located in New Wood, Welwyn Garden City, Hertfordshire. It is listed at £230,000 and has a plot size of 784.69 sqft. The average house price in the area is significantly higher at £413,125, and the average price per sqft is £454. Considering the provided images, the property appears to be in need of some modernisation and updating. The kitchen and bathroom, in particular, show signs of wear and tear. The living areas also appear cluttered, making it difficult to fully assess the condition of the flooring and walls. However, the property itself seems structurally sound. The property benefits from a small area of lawn outside. While not extensive, it provides some outdoor space. Given the list price of £230,000, significantly below the average for the area, and considering the property’s condition and relatively small plot size, the price might seem reasonable for a buyer looking for a project. However, the need for renovations should be factored into any offer. The property’s location near several schools and transportation links is a positive aspect.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
0
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
8,449.67
Lot (est)
784.69

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
346,250.00 £
Decreased by 5.43 %
from 366,145.00 £
Est sale value
4,503,674.11 £
Increased by 37.37 %
from 3,278,471.96 £
Average area rental value
1,183.00 £/mo
Decreased by 12.63 %
from 1,354.00 £/mo
Est letting value
8,449.67 £/mo
Unchanged by 0.00 %
from 8,449.67 £/mo
Est rental Yield
4.10 %
Decreased by 7.66 %
from 4.44 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Springmead Primary SchoolAcademy Sponsor Led0.35 KM
Watchlytes Primary SchoolCommunity SchoolGood0.61 KM
Ridgeway AcademyAcademy Sponsor Led0.75 KM
Panshanger Primary SchoolCommunity SchoolGood1.12 KM
The Holy Family Catholic Primary SchoolVoluntary Aided SchoolGood1.36 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Meadow £ 325,00000.00 KM
Beverley Gardens £ 000.00 KM
Bericot Way £ 350,00000.00 KM
Latimer Gardens £ 000.00 KM
Elizabeth Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Welwyn North6096WLW3.07 KM
Welwyn Garden City6183WGC3.50 KM
Hatfield (Herts)6070HAT6.53 KM
Knebworth6088KBW7.19 KM
Watton-At-Stone6095WAS8.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Wood, WELWYN GARDEN CITY £ 240,000BUY6 / 100.00 KM
New Wood, Welwyn Garden City £ 230,000BUY5 / 100.00 KM
New Wood, Welwyn Garden City £ 230,000BUY6 / 100.00 KM
Hilly Fields, Welwyn Garden City £ 220,000BUY4 / 100.14 KM
Hedgebrooms, Welwyn Garden City, AL7 £ 200,000BUY6 / 100.16 KM

Nearby Properties

AddressPriceDistance
15 New Wood £ 188,0000.00 KM
10 New Wood £ 149,9500.00 KM
5 New Wood £ 242,0000.00 KM
8 New Wood £ 218,0000.00 KM
11 New Wood £ 192,0000.00 KM