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Locally, apartments of this size are normally studios with a garden.
Our estimate of the sale value of 129, Penn Road, Stevenage is £118,285 and its rental estimate is £793 per month, given the available information and assuming reasonable condition.
Penn Road, Stevenage, SG1 falls within the SG1 postal district, in the borough of Stevenage.
129, Penn Road, Stevenage has no records in the the Land Registry and a single entry in the EPC database dated April 2025.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 129, Penn Road, Stevenage, we estimate a market value of £124,199 and a rental value of £833 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,005 and £737 per month respectively.
Over the last year, 129, Penn Road, Stevenage has seen its estimated sale value drop by £1,103 (0.9%) and its estimated rental value rise by £25 per month (3.1%). This results in an estimated gross rental yield of 8.0%.
129, Penn Road, Stevenage has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 129, Penn Road, Stevenage have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was 123, Penn Road, Stevenage, SG1 1HZ, a leasehold flat which sold for £130,000.
Read more about house prices in SG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 116 addresses on Penn Road, Stevenage, SG1, 129, Penn Road, Stevenage comes out as the 114th largest and the 97th most expensive in our analysis of the public data.
It is also £214k less expensive than the average property across the SG1 district.
From 129, Penn Road, Stevenage, the nearest station is Stevenage, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 129, Penn Road, Stevenage, 42.5% of property is socially rented and 36.3% 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 129, Penn Road, Stevenage, 17.8% of residents are recorded as possessing school level qualifications and 44.8% 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 129, Penn Road, Stevenage, the average age was 36.7 and the most common age was 32.
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 129, Penn Road, Stevenage, 0.9% 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 129, Penn Road, Stevenage, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.