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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, 4, Edison Way, Hitchin is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,877 ft2 of internal area and sits on a 543 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Edison Way, Hitchin is £645,453 and the estimated rental value is £2,726 per month.
Edison Way, Fairfield, Hitchin, SG5 is located within the SG5 postal district.
4, Edison Way, Hitchin has a single entry in the Land Registry from September 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, Edison Way, Hitchin is in very good condition we estimate a sale value of £677,725 and a rental value of £2,862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £600,271 and a rental value of £2,535 per month.
Over the last 12 months the sale value of 4 Edison Way Hitchin has decreased by an estimated £15,008 (2.3%) and its rental value has increased by an estimated £19 per month (0.7%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 4, Edison Way, Hitchin sits on a plot of 543m2.
We have plot size data on 10 out of 10 other houses in the postcode and 4, Edison Way, Hitchin sits on the 2nd largest plot.
According to HM Land Registry, 4, Edison Way, Hitchin was last sold on 24th September 2009 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2009, the market for similar properties has risen 119.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Edison Way, Hitchin within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 73, Charlotte Avenue, Hitchin, SG5 4GQ, a freehold house which sold for £575,000 on the 30th August 2024.
Read more about house prices in SG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edison Way, Fairfield, Hitchin, SG5 has a total of 11 addresses. According to our analysis of all the public data, 4, Edison Way, Hitchin is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £190k more expensive than the average property in SG5.
The closest station to 4, Edison Way, Hitchin is Letchworth Garden City station which is 2.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Edison Way, Hitchin, 51.8% of property is privately owned with a mortgage and 27.0% is privately owned outright.
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 4, Edison Way, Hitchin, 27.2% of residents are recorded as possessing school level qualifications and 55.0% 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 4, Edison Way, Hitchin, the average age was 38.9 and the most common age was 42.
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 4, Edison Way, Hitchin, 2.0% 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 4, Edison Way, Hitchin, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
