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9 Paynes Park is a residential building situated on Paynes Park, Hitchin, SG5 with 5 addresses.
It ranks as the 267th largest and 36th most expensive of the 369 buildings in the SG5 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 5 properties: 5 flats.
9 Paynes Park is a residential building situated on Paynes Park, Hitchin, SG5 with 5 addresses.
It ranks as the 267th largest and 36th most expensive of the 369 buildings in the SG5 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 5 properties: 5 flats.
Sale prices range from £182,347 for 2 bedroom Leasehold flats (678 ft2) to £195,300 for 2 bedroom leasehold flats (624 ft2) .
Monthly rental prices range from £963 pcm for 2 bed flats to £1,146 pcm for 2 bed flats.
The gross rental yield is between 6.3% and 7.0%.
The average value per square foot is £269.
The last sale in 9 Paynes Park sold for £174,000 on 22nd June 2020. Since then prices are up an average of 3.8%.
The current average value in the building is £185,494.
The 9 Paynes Park Sales Market has increased by 8.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.6% | £185,494 |
| May 2025 | -1.2% | £188,459 |
| May 2024 | 1.3% | £190,743 |
| May 2023 | 1.9% | £188,304 |
| May 2022 | 1.5% | £184,723 |
| May 2021 | 2.5% | £182,066 |
| May 2020 | 2% | £177,669 |
| May 2019 | -2% | £174,157 |
| May 2018 | -1.4% | £177,704 |
| May 2017 | 5.3% | £180,282 |
| May 2016 | 12.2% | £171,197 |
| May 2015 | 11% | £152,582 |
| May 2014 | 11.7% | £137,487 |
| May 2013 | 0.2% | £123,140 |
| May 2012 | 0% | £122,910 |
| May 2011 | 3.2% | £122,891 |
| May 2010 | 9.7% | £119,028 |
| May 2009 | -17.2% | £108,544 |
| May 2008 | 0% | £131,033 |
| May 2007 | 0% | £131,002 |
The current average rental value in the building is £1,003.
The 9 Paynes Park Rental Market has increased by 33.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.5% | £1,003pcm |
| May 2025 | 1.6% | £988pcm |
| May 2024 | 10.4% | £973pcm |
| May 2023 | 11.9% | £881pcm |
| May 2022 | 4.1% | £787pcm |
| May 2021 | 1.8% | £756pcm |
| May 2020 | 1.7% | £743pcm |
| May 2019 | -1.1% | £730pcm |
| May 2018 | -3.3% | £738pcm |
| May 2017 | 1.5% | £763pcm |
| May 2016 | 7.5% | £752pcm |
| May 2015 | 7.8% | £699pcm |
| May 2014 | 3% | £649pcm |
| May 2013 | 0.5% | £630pcm |
| May 2012 | 1.7% | £627pcm |
| May 2011 | 4.5% | £616pcm |
| May 2010 | 1.5% | £590pcm |
| May 2009 | -7.3% | £581pcm |
| May 2008 | 1.1% | £626pcm |
| May 2007 | 0% | £620pcm |
The last sale was on 22nd June 2020 for £174,000 and since then the market in the area has increased by 3.8%. The building has had a total of 2 sales since 1995.
9, Paynes Park, Hitchin, SG5 1EH has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 9, Paynes Park, Hitchin, SG5 1EH is Hitchin station which is 1.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 9, Paynes Park, Hitchin, SG5 1EH, 45.0% of property is privately owned outright and 26.4% is privately rented.
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 9, Paynes Park, Hitchin, SG5 1EH, 11.0% of residents are recorded as possessing school level qualifications and 39.6% 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 9, Paynes Park, Hitchin, SG5 1EH, the average age was 42.8 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 9, Paynes Park, Hitchin, SG5 1EH, 1.0% 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 9, Paynes Park, Hitchin, SG5 1EH, 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, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.