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2 Grove Road is a residential building situated on Grove Road, Hitchin, SG5 with 2 addresses.
It ranks as the 56th largest and 9th most expensive of the 369 buildings in the SG5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
2 Grove Road is a residential building situated on Grove Road, Hitchin, SG5 with 2 addresses.
It ranks as the 56th largest and 9th most expensive of the 369 buildings in the SG5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £141,890 for 1 bedroom leasehold flats (269 ft2) to £144,806 for 1 bedroom leasehold flats (279 ft2) .
Monthly rental prices range from £739 pcm for 1 bed flats to £754 pcm for 1 bed flats.
The gross rental yield is between 6.2% and 6.2%.
The average value per square foot is £522.
The current average value in the building is £143,348.
The 2 Grove Road Sales Market has increased by 11.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.4% | £143,348 |
| May 2025 | 0.3% | £143,950 |
| May 2024 | 2% | £143,546 |
| May 2023 | 1% | £140,675 |
| May 2022 | 1.9% | £139,253 |
| May 2021 | 3.2% | £136,617 |
| May 2020 | 1.1% | £132,409 |
| May 2019 | -2.1% | £130,990 |
| May 2018 | -1.5% | £133,752 |
| May 2017 | 5.9% | £135,766 |
| May 2016 | 12.7% | £128,220 |
| May 2015 | 11.3% | £113,788 |
| May 2014 | 12.9% | £102,255 |
| May 2013 | 0% | £90,553 |
| May 2012 | -0.5% | £90,584 |
| May 2011 | 2% | £91,006 |
| May 2010 | 8.7% | £89,236 |
| May 2009 | -16.8% | £82,060 |
| May 2008 | 1% | £98,642 |
| May 2007 | 0% | £97,699 |
The current average rental value in the building is £747.
The 2 Grove Road Rental Market has increased by 37.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.6% | £747pcm |
| May 2025 | 3.1% | £727pcm |
| May 2024 | 11.2% | £705pcm |
| May 2023 | 10.9% | £634pcm |
| May 2022 | 4.6% | £572pcm |
| May 2021 | 2.6% | £547pcm |
| May 2020 | 0.8% | £533pcm |
| May 2019 | -1.2% | £529pcm |
| May 2018 | -3.3% | £535pcm |
| May 2017 | 2% | £554pcm |
| May 2016 | 8% | £543pcm |
| May 2015 | 8.1% | £503pcm |
| May 2014 | 4.2% | £465pcm |
| May 2013 | 0.3% | £446pcm |
| May 2012 | 1.2% | £445pcm |
| May 2011 | 3.2% | £440pcm |
| May 2010 | 0.6% | £426pcm |
| May 2009 | -6.9% | £423pcm |
| May 2008 | 2% | £454pcm |
| May 2007 | 0% | £446pcm |
The closest station to 2, Grove Road, Hitchin, SG5 1SE is Hitchin station which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Grove Road, Hitchin, SG5 1SE, 32.1% of property is socially rented and 25.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 2, Grove Road, Hitchin, SG5 1SE, 12.8% of residents are recorded as possessing school level qualifications and 37.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Grove Road, Hitchin, SG5 1SE, the average age was 38 and the most common age was 32.
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 2, Grove Road, Hitchin, SG5 1SE, 0.8% 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 2, Grove Road, Hitchin, SG5 1SE, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.