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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 12, Edison Way, Hitchin is a modern Leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Edison Way, Hitchin is £297,412 and the estimated rental value is £1,398 per month.
Edison Way, Fairfield, Hitchin, SG5 is located within the SG5 postal district.
12, Edison Way, Hitchin has 3 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, Edison Way, Hitchin is in very good condition we estimate a sale value of £312,283 and a rental value of £1,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,593 and a rental value of £1,300 per month.
Over the last 12 months the sale value of 12 Edison Way Hitchin has decreased by an estimated £2,641 (0.9%) and its rental value has increased by an estimated £35 per month (2.5%), giving an expected gross yield of 5.6%.
12, Edison Way, Hitchin has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Edison Way, Hitchin was last sold on 7th November 2024 for £310,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2024, the market for similar properties has dropped 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Edison Way, Hitchin within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 16, Charlotte Avenue, Hitchin, SG5 4HF, a leasehold flat which sold for £210,000 on the 14th March 2025.
Read more about house prices in SG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edison Way, Fairfield, Hitchin, SG5 has a total of 11 addresses. According to our analysis of all the public data, 12, Edison Way, Hitchin is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in SG5.
The closest station to 12, Edison Way, Hitchin is Letchworth Garden City station which is 2.5 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Edison Way, Hitchin, 51.8% of property is privately owned with a mortgage and 27.0% 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 12, Edison Way, Hitchin, 27.2% of residents are recorded as possessing school level qualifications and 55.0% 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 12, Edison Way, Hitchin, the average age was 38.9 and the most common age was 42.
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 12, Edison Way, Hitchin, 2.0% 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 12, Edison Way, Hitchin, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
