16, Bessemer Fields
16, Bessemer Fields
Description & Estimates
Public records show 16, Bessemer Fields, Hitchin to be a modern freehold house with 2,163 ft2 of internal area.
In this area, houses of this size normally have 5 bedrooms with a garden.
16, Bessemer Fields, Hitchin has an estimated sale value of £957,640 and an estimated rental value of £3,249 per month, assuming reasonable condition and based on the information available.
Bessemer Fields, Fairfield, Hitchin, SG5 lies within the SG5 postal district.
Our Data Sources
16, Bessemer Fields, Hitchin has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated May 2023.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 16, Bessemer Fields, Hitchin would be worth £1,005,522, with a potential rental value of £3,411 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £890,605, with a rental value of £3,022 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Bessemer Fields, Hitchin has declined by £22,267 (2.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £23 (0.7%). The property's estimated gross yield is currently 4.1%.
Energy Efficiency
16, Bessemer Fields, Hitchin has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
16, Bessemer Fields, Hitchin last changed hands on 16th December 2022, selling for £925,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 5.2% since December 2022.
- Sold Dec 2022£925,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 16, Bessemer Fields, Hitchin across the last 2 years.
Most recently, 21, Bessemer Fields, Hitchin, SG5 4TT, a freehold house, sold at £925,000 on the 20th October 2023.
Read more about house prices in SG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Bessemer Fields, Hitchin as the 12th largest and the 11th most expensive of the 24 addresses on Bessemer Fields, Fairfield, Hitchin, SG5.
Against the SG5 postcode district average, it is £502k more expensive than the typical property.
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Schools Nearby
- 600mFairfield Park Lower School
- 1.2kmStonehill School
- 1.4kmRoecroft Lower School
- 3.1kmFearnhill School
- 3.9kmThe Highfield School
- 4.1kmThe Knights Templar School
More reading links
Public Transport Nearby
Letchworth Garden City station is the nearest stop to 16, Bessemer Fields, Hitchin at 2.9 kilometres away.
- 2.9kmLetchworth Garden City
- 2.9kmArlesey
- 4.1kmBaldock
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
