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Parachute Grove is a residential street with 11 addresses.
It ranks as the 81st largest and 2nd most expensive of the 228 streets in the SG16 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 11 properties: 5 houses and 6 flats.
Parachute Grove is a residential street with 11 addresses.
It ranks as the 81st largest and 2nd most expensive of the 228 streets in the SG16 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 11 properties: 5 houses and 6 flats.
Sale prices range from £102,886 for 2 bedroom leasehold flats (570 ft2) to £217,827 for 4 bedroom leasehold houses with a garden (1,184 ft2) .
Monthly rental prices range from £547 pcm for 2 bed flats to £1,003 pcm for 4 bed houses.
The gross rental yield is between 5.5% and 6.5%.
The average value per square foot is £178.
The last sale on Parachute Grove sold for £114,000 on 31st July 2024. Since then prices are down an average of 1.7%.
The current average value in the street is £151,696.
The Parachute Grove Sales Market has increased by 19.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.1% | £151,696 |
| May 2025 | 0.1% | £154,947 |
| May 2024 | -2.5% | £154,758 |
| May 2023 | 2.4% | £158,757 |
| May 2022 | 7.8% | £154,964 |
| May 2021 | 5.9% | £143,719 |
| May 2020 | -1.1% | £135,774 |
| May 2019 | 0.1% | £137,299 |
| May 2018 | -0.1% | £137,187 |
| May 2017 | 7.8% | £137,277 |
| May 2016 | 12.6% | £127,401 |
| May 2015 | 10.8% | £113,178 |
| May 2014 | 9.1% | £102,117 |
| May 2013 | 3% | £93,559 |
| May 2012 | -1.7% | £90,824 |
| May 2011 | 0.8% | £92,364 |
| May 2010 | 6.2% | £91,598 |
| May 2009 | -11.1% | £86,259 |
| May 2008 | -2.6% | £97,050 |
| May 2007 | 0% | £99,673 |
The current average rental value in the street is £745.
The Parachute Grove Rental Market has increased by 43.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.1% | £745pcm |
| May 2025 | 6% | £729pcm |
| May 2024 | 8.9% | £688pcm |
| May 2023 | 8.1% | £632pcm |
| May 2022 | 5.6% | £585pcm |
| May 2021 | 4.6% | £554pcm |
| May 2020 | 3.4% | £529pcm |
| May 2019 | -1.4% | £512pcm |
| May 2018 | -2.3% | £519pcm |
| May 2017 | 2.2% | £531pcm |
| May 2016 | 5.3% | £520pcm |
| May 2015 | 6.3% | £493pcm |
| May 2014 | 3.5% | £464pcm |
| May 2013 | 3.8% | £448pcm |
| May 2012 | 1.9% | £432pcm |
| May 2011 | 2.2% | £424pcm |
| May 2010 | 6% | £415pcm |
| May 2009 | -7% | £391pcm |
| May 2008 | 2.3% | £420pcm |
| May 2007 | 0% | £411pcm |
The last sale was on 31st July 2024 for £114,000 and since then the market in the area has decreased by 1.7%. The street has had a total of 7 sales since 1995.
Parachute Grove, Henlow, SG16 has seen 1 sale in the last three years and no sales in the last twelve months.
Parachute Grove, Henlow, SG16 is the 81st largest and the 2nd most expensive street in the SG16 area.
There is 1 postcode on Parachute Grove, Henlow, SG16.
The closest station to Parachute Grove, Henlow, SG16 is Arlesey station, which is 1.5 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Parachute Grove, Henlow, SG16, 37.6% of property is privately owned with a mortgage and 35.7% is privately owned outright.
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 Parachute Grove, Henlow, SG16, 20.0% of residents are recorded as possessing school level qualifications and 38.6% 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 Parachute Grove, Henlow, SG16, the average age was 41.3 and the most common age was 57.
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 Parachute Grove, Henlow, SG16, 1.5% 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 Parachute Grove, Henlow, SG16, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.