39, Cavendish Lane
39, Cavendish Lane
Description & Estimates
Public records show 39, Cavendish Lane, Hitchin to be a modern leasehold apartment with 796 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
39, Cavendish Lane, Hitchin has an estimated sale value of £266,341 and an estimated rental value of £1,350 per month, assuming reasonable condition and based on the information available.
Cavendish Lane, Fairfield, Hitchin, SG5 lies within the SG5 postal district.
Our Data Sources
39, Cavendish Lane, Hitchin has a single entry in the Land Registry from December 2023 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 39, Cavendish Lane, Hitchin would be worth £279,658, with a potential rental value of £1,417 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £247,697, with a rental value of £1,255 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 39, Cavendish Lane, Hitchin has moved down by £2,366 (0.9%) over the last year. During the same period, its estimated monthly rental value has increased by £34 (2.5%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
39, Cavendish Lane, Hitchin has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 May 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
39, Cavendish Lane, Hitchin last changed hands on 20th December 2023, selling for £247,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 5.6% since December 2023.
- Sold Dec 2023£247,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 39, Cavendish Lane, Hitchin across the last 2 years.
Most recently, 17, Louise Rise, Hitchin, SG5 4SE, a leasehold flat, sold at £320,000 on the 11th November 2024.
Read more about house prices in SG5.
- Sold Nov 2024£320,000 | 2 Bed Flat17, Louise Rise, Hitchin, SG5 4SE17, Louise Rise, Hitchin, SG5 4SE
- Sold Aug 2023£250,000 | 2 Bed Flat33, Cavendish Lane, Hitchin, SG5 4SL33, Cavendish Lane, Hitchin, SG5 4SL
- Sold Aug 2023£236,000 | 2 Bed Flat43, Cavendish Lane, Hitchin, SG5 4SL43, Cavendish Lane, Hitchin, SG5 4SL
•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 39, Cavendish Lane, Hitchin as the 64th largest and the 64th most expensive of the 78 addresses on Cavendish Lane, Fairfield, Hitchin, SG5.
Against the SG5 postcode district average, it is £189k less expensive than the typical property.
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Schools Nearby
- 500mFairfield Park Lower School
- 1.0kmStonehill School
- 1.3kmRoecroft Lower School
- 2.9kmFearnhill School
- 3.7kmThe Highfield School
- 3.8kmThe Knights Templar School
More reading links
Public Transport Nearby
Letchworth Garden City station is the nearest stop to 39, Cavendish Lane, Hitchin at 2.6 kilometres away.
- 2.6kmLetchworth Garden City
- 3.1kmArlesey
- 3.8kmBaldock
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
