2, Freeman Drive
2, Freeman Drive
Description & Estimates
According to the public record, 2, Freeman Drive, Letchworth Garden City is a modern freehold house with 1,097 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Freeman Drive, Letchworth Garden City is £497,557 and the estimated rental value is £2,005 per month.
Freeman Drive, Letchworth Garden City, SG6 is located in the borough of North Hertfordshire within the SG6 postal district.
Our Data Sources
2, Freeman Drive, Letchworth Garden City has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated August 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
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 2, Freeman Drive, Letchworth Garden City is in very good condition we estimate a sale value of £522,435 and a rental value of £2,105 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,728 and a rental value of £1,864 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Freeman Drive, Letchworth Garden City has decreased by £9,574 (1.9%), while its estimated rental value has grown by £46 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Energy Efficiency
2, Freeman Drive, Letchworth Garden City has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Freeman Drive, Letchworth Garden City was last sold on 8th August 2024 for £530,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has risen by 24.5%.
- Sold Aug 2024£530,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Freeman Drive, Letchworth Garden City within a radius of 580 metres over the last 2 years.
The most recent example is 3, Freeman Drive, Letchworth Garden City, SG6 2FB, a freehold house which sold for £515,000 on the 11th October 2024.
Read more about house prices in SG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Freeman Drive, Letchworth Garden City, SG6 has a total of 8 addresses. According to our analysis of all the public data, 2, Freeman Drive, Letchworth Garden City is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in SG6.
More reading links
Schools Nearby
- 300mGarden City Academy
- 600mPixmore Junior School
- 600mHillshott Infant School and Nursery
- 2.0kmThe Highfield School
- 2.1kmThe Knights Templar School
- 2.3kmFearnhill School
More reading links
Public Transport Nearby
The closest station to 2, Freeman Drive, Letchworth Garden City is Letchworth Garden City station, which is 1.3 kilometres away.
- 1.3kmLetchworth Garden City
- 2.7kmBaldock
- 4.2kmHitchin
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
