3, Hobbs Gardens
3, Hobbs Gardens
Description & Estimates
3, Hobbs Gardens, Stamford is recorded publicly as a modern freehold house across 850 ft2 of internal area, sitting on a 199 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Hobbs Gardens, Stamford is £324,160 and its rental estimate is £1,361 per month, given the available information and assuming reasonable condition.
Hobbs Gardens, Stamford, PE9 falls within the PE9 postal district, in the borough of South Kesteven.
Our Data Sources
3, Hobbs Gardens, Stamford has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 3, Hobbs Gardens, Stamford, we estimate a market value of £340,368 and a rental value of £1,429 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £301,468 and £1,265 per month respectively.
Recent Market Change
Over the last year, 3, Hobbs Gardens, Stamford has seen its estimated sale value move down by £10,043 (3.1%) and its estimated rental value increase by £19 per month (1.4%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 3, Hobbs Gardens, Stamford as measuring 199 m2.
That makes it the 2nd largest plot in the postcode, where 4 of the 8 other houses have recorded plot data.
Energy Efficiency
3, Hobbs Gardens, Stamford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Hobbs Gardens, Stamford completed on 6th December 2022 at £339,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 16.4% over the period since December 2022.
- Sold Dec 2022£339,950
- Sold Nov 2018£285,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Hobbs Gardens, Stamford have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th August 2024, was 35, Kingsdown Drive, Stamford, PE9 2WA, a freehold house which sold for £370,000.
Read more about house prices in PE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on Hobbs Gardens, Stamford, PE9, 3, Hobbs Gardens, Stamford comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £62k less expensive than the average property across the PE9 district.
More reading links
Schools Nearby
- 400mMalcolm Sargent Primary School
- 1.4kmStamford St Gilberts Church of England Primary School
- 1.9kmThe Bluecoat School
- 2.0kmStamford Welland Academy
- 2.6kmCasterton College Rutland
- 13.8kmArthur Mellows Village College
More reading links
Public Transport Nearby
From 3, Hobbs Gardens, Stamford, the nearest station is Stamford (Lincs), 1.8 kilometres away.
- 1.8kmStamford (Lincs)
- 15.6kmOakham
- 19.3kmPeterborough
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
