4, Parachute Grove
4, Parachute Grove
Description & Estimates
4, Parachute Grove, Henlow is recorded publicly as a modern leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Parachute Grove, Henlow is £112,340 and its rental estimate is £593 per month, given the available information and assuming reasonable condition.
Parachute Grove, Henlow, SG16 falls within the SG16 postal district.
Our Data Sources
4, Parachute Grove, Henlow has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated February 2020.
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
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 4, Parachute Grove, Henlow, we estimate a market value of £117,957 and a rental value of £623 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £104,477 and £552 per month respectively.
Recent Market Change
Over the last year, 4, Parachute Grove, Henlow has seen its estimated sale value move down by £2,091 (1.9%) and its estimated rental value increase by £14 per month (2.4%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
4, Parachute Grove, Henlow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2020.
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 4, Parachute Grove, Henlow completed on 22nd September 2020 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 14.6% over the period since September 2020.
- Sold Sep 2020£125,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 4, Parachute Grove, Henlow have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th July 2021, was 10, Parachute Grove, Henlow, SG16 6GT, a leasehold flat which sold for £133,000.
Read more about house prices in SG16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Parachute Grove, Henlow, SG16, 4, Parachute Grove, Henlow comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £259k less expensive than the average property across the SG16 district.
More reading links
Schools Nearby
- 200mRaynsford Church of England Academy
- 1.2kmClifton All Saints Academy
- 2.3kmDerwent Primary School
- 400mHenlow Church of England Academy
- 2.3kmSamuel Whitbread Academy
- 6.6kmFearnhill School
More reading links
Public Transport Nearby
From 4, Parachute Grove, Henlow, the nearest station is Arlesey, 1.5 kilometres away.
- 1.5kmArlesey
- 6.2kmBiggleswade
- 6.9kmLetchworth Garden City
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
