40, Gray Court
40, Gray Court
Description & Estimates
40, Gray Court, Stevenage is recorded publicly as a modern leasehold apartment across 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Gray Court, Stevenage is £226,246 and its rental estimate is £1,140 per month, given the available information and assuming reasonable condition.
Gray Court, Stevenage, SG1 falls within the SG1 postal district, in the borough of Stevenage.
Our Data Sources
40, Gray Court, Stevenage has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 40, Gray Court, Stevenage, we estimate a market value of £237,559 and a rental value of £1,197 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £210,409 and £1,060 per month respectively.
Recent Market Change
Over the last year, 40, Gray Court, Stevenage has seen its estimated sale value fall by £3,855 (1.7%) and its estimated rental value move up by £25 per month (2.2%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
40, Gray Court, Stevenage has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 40, Gray Court, Stevenage completed on 21st October 2024 at £225,000 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 5.1% over the period since October 2024.
- Sold Oct 2024£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Gray Court, Stevenage have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was 44, Gray Court, Stevenage, SG1 3UH, a leasehold flat which sold for £215,000.
Read more about house prices in SG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 44 addresses on Gray Court, Stevenage, SG1, 40, Gray Court, Stevenage comes out as the 27th largest and the 27th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the SG1 district.
More reading links
Schools Nearby
- 200mFairlands Primary School
- 700mLetchmore Infants' and Nursery School
- 800mBroom Barns Primary School
- 1.0kmBarclay Academy
- 1.1kmThe Thomas Alleyne Academy
- 1.5kmMarriotts School
More reading links
Public Transport Nearby
From 40, Gray Court, Stevenage, the nearest station is Stevenage, 1.0 kilometres away.
- 1.0kmStevenage
- 4.6kmKnebworth
- 6.8kmHitchin
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
