2, Paynes Park
Key Building Insights
2, Paynes Park is a residential building situated on Paynes Park, Hitchin, SG5 with 3 addresses.
It ranks as the 184th largest and 132nd most expensive of the 370 buildings in the SG5 area. The most common property type is a modern house built after 1980.
The building contains a total of 3 properties: 1 house, 1 flat and 1 other property.
- Ave. Sale Price
- £272,501
- 10 Year change
- up 14.9%
- Ave. Rental Price
- £1,375pcm
- 10 Year change
- up 42.5%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Building Insights
2, Paynes Park is a residential building situated on Paynes Park, Hitchin, SG5 with 3 addresses.
It ranks as the 184th largest and 132nd most expensive of the 370 buildings in the SG5 area. The most common property type is a modern house built after 1980.
The building contains a total of 3 properties: 1 house, 1 flat and 1 other property.
- Ave. Sale Price
- £272,501
- 10 Year change
- up 14.9%
- Ave. Rental Price
- £1,375pcm
- 10 Year change
- up 42.5%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Properties on Paynes Park, Hitchin, SG5
- Green Hythe 2A Paynes Park
4 Bed Modern House
- 2 Whitings Court Paynes Park
2 Bed Modern Flat
- 2 Paynes Park
Modern Flat
Sales Market Trends
The last sale in 2, Paynes Park sold for £197,000 on 3rd October 2025. Since then prices are down an average of 1.4%.
The current average value in the building is £272,501.
The 2, Paynes Park Sales Market has increased by 14.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £272,501 |
| June 2025 | -0.2% | £279,395 |
| June 2024 | 0.9% | £280,090 |
| June 2023 | 2% | £277,500 |
| June 2022 | 3.4% | £272,090 |
| June 2021 | 4.6% | £263,227 |
| June 2020 | 2.4% | £251,670 |
| June 2019 | -1.1% | £245,675 |
| June 2018 | -0.5% | £248,313 |
| June 2017 | 5.3% | £249,651 |
| June 2016 | 11.2% | £237,167 |
| June 2015 | 10.5% | £213,221 |
| June 2014 | 12.5% | £192,972 |
| June 2013 | 1.8% | £171,504 |
| June 2012 | 1.2% | £168,446 |
| June 2011 | 2.2% | £166,451 |
| June 2010 | 14% | £162,829 |
| June 2009 | -14.8% | £142,856 |
| June 2008 | -2.1% | £167,680 |
| June 2007 | 0% | £171,199 |
Rental Market Trends
The current average rental value in the building is £1,375.
The 2, Paynes Park Rental Market has increased by 42.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £1,375pcm |
| June 2025 | 2.2% | £1,360pcm |
| June 2024 | 9.5% | £1,330pcm |
| June 2023 | 12.9% | £1,215pcm |
| June 2022 | 6.1% | £1,076pcm |
| June 2021 | 4.5% | £1,014pcm |
| June 2020 | 1.8% | £971pcm |
| June 2019 | -0.2% | £953pcm |
| June 2018 | -2.1% | £955pcm |
| June 2017 | 1.1% | £976pcm |
| June 2016 | 6.9% | £965pcm |
| June 2015 | 7.6% | £903pcm |
| June 2014 | 3.8% | £840pcm |
| June 2013 | 1.8% | £809pcm |
| June 2012 | 2.3% | £795pcm |
| June 2011 | 4.2% | £777pcm |
| June 2010 | 6% | £746pcm |
| June 2009 | -6.4% | £704pcm |
| June 2008 | 0.8% | £752pcm |
| June 2007 | 0% | £746pcm |
Sales History
The last recorded sale was on 3rd October 2025 for £197,000 and since then the market in the area has decreased by 1.4%.
2, Paynes Park, Hitchin, SG5 1EH has had 3 sales since 1995, 1 of them in the last twelve months.
- Sold Oct 2025£197,000 | 2 Bed Flat2 Whitings Court, Paynes Park, Hitchin, SG5 1EJ2 Whitings Court, Paynes Park, Hitchin, SG5 1EJ
- Sold Sep 2016£205,000 | 2 Bed Flat2 Whitings Court, Paynes Park, Hitchin, SG5 1EJ2 Whitings Court, Paynes Park, Hitchin, SG5 1EJ
- Sold Jan 2008£215,000 | 4 Bed HouseGreen Hythe 2A, Paynes Park, Hitchin, SG5 1EHGreen Hythe 2A, Paynes Park, Hitchin, SG5 1EH
Property Types
- 1 modern house built after 1980
- 1 modern flat built after 1980
- 1 other address of unknown type
- modern house (1)
- modern flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Feb 2020£300,000 | 2 Bed Flat1 Whitings Court, Paynes Park, Hitchin, SG5 1EJ1 Whitings Court, Paynes Park, Hitchin, SG5 1EJ
- Sold Mar 2020£300,000 | 2 Bed Flat24 Whitings Court, Paynes Park, Hitchin, SG5 1EJ24 Whitings Court, Paynes Park, Hitchin, SG5 1EJ
- Sold Dec 2019£295,000 | 2 Bed Flat11 Whitings Court, Paynes Park, Hitchin, SG5 1EJ11 Whitings Court, Paynes Park, Hitchin, SG5 1EJ
Schools Nearby
- Samuel Lucas Junior Mixed and Infant School500 m away
- Wilshere-Dacre Junior Academy600 m away
- Highbury Infant School and Nursery600 m away
- Hitchin Boys' School300 m away
- Hitchin Girls' School800 m away
- The Priory School1.5 km away
More reading links
Public Transport Nearby
The closest station to 2, Paynes Park, Hitchin, SG5 1EH is Hitchin station, which is 1.3 kilometres away.
- Hitchin|1.3 km away
- Letchworth Garden City|4.9 km away
- Stevenage|7.3 km away
- Baldock|8.0 km away
