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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Rib Vale, Hertford is £974,925 and the estimated rental value is £2,991 per month.
Rib Vale, Hertford, SG14 is located in the borough of East Hertfordshire within the SG14 postal district.
2, Rib Vale, Hertford has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated October 2023.
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 2, Rib Vale, Hertford is in very good condition we estimate a sale value of £1,023,672 and a rental value of £3,140 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £906,681 and a rental value of £2,781 per month.
Over the last 12 months the sale value of 2 Rib Vale Hertford has decreased by an estimated £16,079 (1.6%) and its rental value has increased by an estimated £70 per month (2.3%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Rib Vale, Hertford sits on a plot of 737m2.
We have plot size data on 36 out of 36 other houses in the postcode and 2, Rib Vale, Hertford sits on the 4th largest plot.
2, Rib Vale, Hertford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Oct 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Rib Vale, Hertford was last sold on 12th November 2024 for £1,100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2024, the market for similar properties has dropped 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Rib Vale, Hertford within a radius of 920 metres over the last 2 years.
The most recent example is 14, Watermill Lane, Hertford, SG14 3LB, a freehold house which sold for £850,000 on the 1st August 2024.
Read more about house prices in SG14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rib Vale, Hertford, SG14 has a total of 69 addresses. According to our analysis of all the public data, 2, Rib Vale, Hertford is the 14th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £461k more expensive than the average property in SG14.
The closest station to 2, Rib Vale, Hertford is Hertford East station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Rib Vale, Hertford, 68.6% of property is privately owned outright and 25.4% is privately owned with a mortgage.
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 2, Rib Vale, Hertford, 20.9% of residents are recorded as possessing school level qualifications and 48.4% 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 2, Rib Vale, Hertford, the average age was 42.7 and the most common age was 47.
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 2, Rib Vale, Hertford, 1.9% 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 2, Rib Vale, Hertford, 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.