Bancroft - SG5 1LA
Key Postcode Insights
SG5 1LA is a residential postcode situated on Bancroft, Hitchin, SG5 with 21 addresses.
It ranks as the 580th largest and 242nd most expensive of the 896 postcodes in the SG5 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 21 properties: 21 flats.
- Ave. Sale Price
- £365,256
- 10 Year change
- up 6.5%
- Ave. Rental Price
- £1,674pcm
- 10 Year change
- up 32.1%
- Ave. £ per ft²
- £478/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
SG5 1LA is a residential postcode situated on Bancroft, Hitchin, SG5 with 21 addresses.
It ranks as the 580th largest and 242nd most expensive of the 896 postcodes in the SG5 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 21 properties: 21 flats.
- Ave. Sale Price
- £365,256
- 10 Year change
- up 6.5%
- Ave. Rental Price
- £1,674pcm
- 10 Year change
- up 32.1%
- Ave. £ per ft²
- £478/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin SG5 1LA
- 42 Bancroft
Modern Building | 14 Units
- 43 Bancroft
Modern Building | 5 Units
- 47 Bancroft
Building | 2 Flats
Sales Market Trends
The last sale in SG5 1LA sold for £370,000 on 18th December 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £365,256.
The SG5 1LA Sales Market has increased by 6.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £365,256 |
| June 2025 | -1.6% | £377,126 |
| June 2024 | 0.5% | £383,242 |
| June 2023 | 2% | £381,381 |
| June 2022 | 1.7% | £373,795 |
| June 2021 | 2% | £367,715 |
| June 2020 | 2.7% | £360,396 |
| June 2019 | -1% | £350,919 |
| June 2018 | -1.8% | £354,290 |
| June 2017 | 5.2% | £360,712 |
| June 2016 | 10.8% | £342,959 |
| June 2015 | 10.3% | £309,538 |
| June 2014 | 11.9% | £280,561 |
| June 2013 | 0.7% | £250,736 |
| June 2012 | 0.5% | £248,955 |
| June 2011 | 2.6% | £247,611 |
| June 2010 | 10.4% | £241,405 |
| June 2009 | -15.6% | £218,724 |
| June 2008 | -3.1% | £259,219 |
| June 2007 | 0% | £267,416 |
Rental Market Trends
The current average rental value in the postcode is £1,674.
The SG5 1LA Rental Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £1,674pcm |
| June 2025 | 0.8% | £1,668pcm |
| June 2024 | 9% | £1,654pcm |
| June 2023 | 12.9% | £1,517pcm |
| June 2022 | 4.4% | £1,343pcm |
| June 2021 | 1.9% | £1,287pcm |
| June 2020 | 2.1% | £1,263pcm |
| June 2019 | -0.1% | £1,237pcm |
| June 2018 | -3.3% | £1,238pcm |
| June 2017 | 1% | £1,280pcm |
| June 2016 | 6.4% | £1,268pcm |
| June 2015 | 7.4% | £1,191pcm |
| June 2014 | 3.2% | £1,109pcm |
| June 2013 | 0.7% | £1,074pcm |
| June 2012 | 1.6% | £1,067pcm |
| June 2011 | 4.6% | £1,050pcm |
| June 2010 | 2.6% | £1,004pcm |
| June 2009 | -7.3% | £979pcm |
| June 2008 | -0.2% | £1,056pcm |
| June 2007 | 0% | £1,058pcm |
Sales History
The last sale was on 18th December 2025 for £370,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 31 sales since 1995.
SG5 1LA has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£370,000 | 2 Bed FlatApartment 12, 42, Bancroft, Hitchin, SG5 1LAApartment 12, 42, Bancroft, Hitchin, SG5 1LA
- Sold Mar 2025£380,000 | 2 Bed FlatApartment 11, 42, Bancroft, Hitchin, SG5 1LAApartment 11, 42, Bancroft, Hitchin, SG5 1LA
- Sold Aug 2023£510,000 | 3 Bed FlatApartment 7, 42, Bancroft, Hitchin, SG5 1LAApartment 7, 42, Bancroft, Hitchin, SG5 1LA
- Sold Mar 2022£550,000 | 2 Bed Flat47A, Bancroft, Hitchin, SG5 1LA47A, Bancroft, Hitchin, SG5 1LA
- Sold Feb 2021£325,000 | 2 Bed FlatApartment 12, 42, Bancroft, Hitchin, SG5 1LAApartment 12, 42, Bancroft, Hitchin, SG5 1LA
Nearby Postcodes
SG5 1LA is the 580th largest and the 242nd most expensive postcode out of the 896 postcodes in the SG5 area.
- SG5 1GB, Bancroft, Hitchin, SG5SG5 1GB11 Addresses|34 m away
- SG5 1LH, Bancroft Court, Hitchin, SG5SG5 1LH1 Addresses|38 m away
- SG5 1LN, Bancroft, Hitchin, SG5SG5 1LN23 Addresses|44 m away
- SG5 1NJ, Bancroft, Hitchin, SG5SG5 1NJ8 Addresses|78 m away
- SG5 1NQ, Bancroft, Hitchin, SG5SG5 1NQ27 Addresses|92 m away
Property Types
- 21 modern flats built after 1980
- modern flat (21)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (4)
- F (0)
- C (8)
- G (0)
- D (1)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Feb 2026£3,500,000 | 3 Bed House14, Bancroft, Hitchin, SG5 1JQ14, Bancroft, Hitchin, SG5 1JQ
- Sold Oct 2021£1,800,000 | 5 Bed HouseGarden House, Manor Courtyard Rear Of 26, Bancroft, Hitchin, SG5 1JWGarden House, Manor Courtyard Rear Of 26, Bancroft, Hitchin, SG5 1JW
- Sold Sep 2021£1,750,000 | 5 Bed HouseWhiston House, Manor Courtyard Rear Of 26, Bancroft, Hitchin, SG5 1JWWhiston House, Manor Courtyard Rear Of 26, Bancroft, Hitchin, SG5 1JW
Schools Nearby
- Wilshere-Dacre Junior Academy400 m away
- Samuel Lucas Junior Mixed and Infant School700 m away
- Highbury Infant School and Nursery700 m away
- Hitchin Boys' School100 m away
- Hitchin Girls' School600 m away
- The Priory School1.3 km away
More reading links
Public Transport Nearby
The closest station to SG5 1LA is Hitchin station, which is 900 metres away.
- Hitchin|900 m away
- Letchworth Garden City|4.5 km away
- Stevenage|7.3 km away
- Baldock|7.6 km away