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Bricks&Logic is a trading name of Urban Markets Ltd
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, 2, Spindle Drive, Hitchin is a modern freehold house with 1,388 ft2 of internal area and sits on a 279 m2 plot.
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, Spindle Drive, Hitchin is £599,745 and the estimated rental value is £2,368 per month.
Spindle Drive, Stotfold, Hitchin, SG5 is located within the SG5 postal district.
2, Spindle Drive, Hitchin has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 2022.
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.
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, Spindle Drive, Hitchin is in very good condition we estimate a sale value of £629,732 and a rental value of £2,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £557,763 and a rental value of £2,203 per month.
Over the last 12 months the sale value of 2 Spindle Drive Hitchin has decreased by an estimated £16,107 (2.7%) and its rental value has increased by an estimated £35 per month (1.5%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 2, Spindle Drive, Hitchin sits on a plot of 279m2.
We have plot size data on 9 out of 12 other houses in the postcode and 2, Spindle Drive, Hitchin sits on the 9th largest plot.
2, Spindle Drive, Hitchin has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Spindle Drive, Hitchin was last sold on 9th December 2022 for £584,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has risen 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spindle Drive, Hitchin within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 3, Spindle Drive, Hitchin, SG5 4TP, a freehold house which sold for £599,950 on the 12th April 2023.
Read more about house prices in SG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spindle Drive, Stotfold, Hitchin, SG5 has a total of 12 addresses. According to our analysis of all the public data, 2, Spindle Drive, Hitchin is the 7th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £145k more expensive than the average property in SG5.
The closest station to 2, Spindle Drive, Hitchin is Arlesey station which is 2.4 kilometres away.
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 2, Spindle Drive, Hitchin, % of property is and % is .
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, Spindle Drive, Hitchin, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Spindle Drive, Hitchin, 0.0% 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 2, Spindle Drive, Hitchin, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
