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 %
- Est sale value
- 4,503,674.11 £Increased by 37.37 %
- Average area rental value
- 1,183.00 £/moDecreased by 12.63 %
- Est letting value
- 8,449.67 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.10 %Decreased by 7.66 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Springmead Primary School | Academy Sponsor Led | 0.35 KM | |
| Watchlytes Primary School | Community School | Good | 0.61 KM |
| Ridgeway Academy | Academy Sponsor Led | 0.75 KM | |
| Panshanger Primary School | Community School | Good | 1.12 KM |
| The Holy Family Catholic Primary School | Voluntary Aided School | Good | 1.36 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Meadow | £ 325,000 | 0 | 0.00 KM |
| Beverley Gardens | £ 0 | 0 | 0.00 KM |
| Bericot Way | £ 350,000 | 0 | 0.00 KM |
| Latimer Gardens | £ 0 | 0 | 0.00 KM |
| Elizabeth Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Welwyn North | 6096 | WLW | 3.07 KM |
| Welwyn Garden City | 6183 | WGC | 3.50 KM |
| Hatfield (Herts) | 6070 | HAT | 6.53 KM |
| Knebworth | 6088 | KBW | 7.19 KM |
| Watton-At-Stone | 6095 | WAS | 8.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| New Wood, WELWYN GARDEN CITY | £ 240,000 | BUY | 6 / 10 | 0.00 KM |
| New Wood, Welwyn Garden City | £ 230,000 | BUY | 5 / 10 | 0.00 KM |
| New Wood, Welwyn Garden City | £ 230,000 | BUY | 6 / 10 | 0.00 KM |
| Hilly Fields, Welwyn Garden City | £ 220,000 | BUY | 4 / 10 | 0.14 KM |
| Hedgebrooms, Welwyn Garden City, AL7 | £ 200,000 | BUY | 6 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 New Wood | £ 188,000 | 0.00 KM |
| 10 New Wood | £ 149,950 | 0.00 KM |
| 5 New Wood | £ 242,000 | 0.00 KM |
| 8 New Wood | £ 218,000 | 0.00 KM |
| 11 New Wood | £ 192,000 | 0.00 KM |