River Mead - SG5 2TE
Key Postcode Insights
SG5 2TE is a residential postcode situated on River Mead, Hitchin, SG5 with 20 addresses.
It ranks as the 564th largest and 56th most expensive of the 896 postcodes in the SG5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 8 houses and 12 flats.
- Ave. Sale Price
- £273,415
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £1,358pcm
- 10 Year change
- up 49.5%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
SG5 2TE is a residential postcode situated on River Mead, Hitchin, SG5 with 20 addresses.
It ranks as the 564th largest and 56th most expensive of the 896 postcodes in the SG5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 8 houses and 12 flats.
- Ave. Sale Price
- £273,415
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £1,358pcm
- 10 Year change
- up 49.5%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin SG5 2TE
- 13 River Mead
2 Bed Mid-century Flat
- 15 River Mead
2 Bed Mid-century Flat
- 17 River Mead
2 Bed Mid-century Flat
- 18 River Mead
3 Bed Mid-century House
- 19 River Mead
2 Bed Mid-century Flat
Sales Market Trends
The last sale in SG5 2TE sold for £325,000 on 31st March 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £273,415.
The SG5 2TE Sales Market has increased by 18.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £273,415 |
| June 2025 | 1.6% | £274,956 |
| June 2024 | 0.3% | £270,521 |
| June 2023 | 0.6% | £269,748 |
| June 2022 | 7% | £268,224 |
| June 2021 | 4.4% | £250,633 |
| June 2020 | 0.1% | £239,973 |
| June 2019 | 0.4% | £239,689 |
| June 2018 | 0% | £238,837 |
| June 2017 | 3.8% | £238,835 |
| June 2016 | 14.6% | £230,044 |
| June 2015 | 12.2% | £200,691 |
| June 2014 | 14.9% | £178,916 |
| June 2013 | 2.8% | £155,702 |
| June 2012 | -1.2% | £151,404 |
| June 2011 | 1.7% | £153,244 |
| June 2010 | 8.5% | £150,751 |
| June 2009 | -12.4% | £138,896 |
| June 2008 | -1.8% | £158,508 |
| June 2007 | 0% | £161,435 |
Rental Market Trends
The current average rental value in the postcode is £1,358.
The SG5 2TE Rental Market has increased by 49.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,358pcm |
| June 2025 | 5.7% | £1,316pcm |
| June 2024 | 8.5% | £1,245pcm |
| June 2023 | 9.4% | £1,147pcm |
| June 2022 | 7.6% | £1,049pcm |
| June 2021 | 4.8% | £974pcm |
| June 2020 | 3.3% | £930pcm |
| June 2019 | -1.7% | £900pcm |
| June 2018 | -1.7% | £916pcm |
| June 2017 | 2.6% | £932pcm |
| June 2016 | 6.7% | £908pcm |
| June 2015 | 7.7% | £852pcm |
| June 2014 | 5.3% | £790pcm |
| June 2013 | 3.2% | £751pcm |
| June 2012 | 2.1% | £728pcm |
| June 2011 | 1.8% | £712pcm |
| June 2010 | 4.7% | £700pcm |
| June 2009 | -6.7% | £668pcm |
| June 2008 | 2.3% | £717pcm |
| June 2007 | 0% | £700pcm |
Sales History
The last sale was on 31st March 2025 for £325,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 9 sales since 1995.
SG5 2TE has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£325,000 | 3 Bed House18, River Mead, Hitchin, SG5 2TE18, River Mead, Hitchin, SG5 2TE
- Sold Feb 2024£400,000 | 3 Bed House28, River Mead, Hitchin, SG5 2TE28, River Mead, Hitchin, SG5 2TE
- Sold May 2018£315,000 | 3 Bed House18, River Mead, Hitchin, SG5 2TE18, River Mead, Hitchin, SG5 2TE
- Sold Nov 2017£330,000 | 3 Bed House26, River Mead, Hitchin, SG5 2TE26, River Mead, Hitchin, SG5 2TE
- Sold Jul 2016£300,000 | 3 Bed House32, River Mead, Hitchin, SG5 2TE32, River Mead, Hitchin, SG5 2TE
Nearby Postcodes
SG5 2TE is the 564th largest and the 56th most expensive postcode out of the 896 postcodes in the SG5 area.
- SG5 2TD, Truemans Road, Hitchin, SG5SG5 2TD24 Addresses|73 m away
- SG5 2TF, River Mead, Hitchin, SG5SG5 2TF30 Addresses|81 m away
- SG5 2TG, River Mead, Hitchin, SG5SG5 2TG14 Addresses|90 m away
- SG5 2TB, Mulberry Way, Hitchin, SG5SG5 2TB45 Addresses|98 m away
- SG5 2SQ, Westmill Road, Hitchin, SG5SG5 2SQ30 Addresses|110 m away
Property Types
- 1 modern flat built after 1980
- 8 mid-century houses built between 1936 and 1979
- 11 mid-century flats built between 1936 and 1979
- modern flat (1)
- mid-century house (8)
- mid-century flat (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (16)
- G (0)
- D (4)
- No EPC (0)
Top 3 Most Expensive Sales
Schools Nearby
- Oughton Primary and Nursery School600 m away
- Strathmore Infant and Nursery School800 m away
- Our Lady Catholic Primary School1.0 km away
- The Priory School600 m away
- Hitchin Boys' School1.4 km away
- Hitchin Girls' School2.1 km away
More reading links
Public Transport Nearby
The closest station to SG5 2TE is Hitchin station, which is 2.1 kilometres away.
- Hitchin|2.1 km away
- Letchworth Garden City|4.7 km away
- Arlesey|7.4 km away
- Baldock|7.9 km away
