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Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 499, Archer Road, Stevenage is £165,700 and its rental estimate is £1,021 per month, given the available information and assuming reasonable condition.
Archer Road, Stevenage, SG1 falls within the SG1 postal district, in the borough of Stevenage.
499, Archer Road, Stevenage has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated October 2012.
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.
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 499, Archer Road, Stevenage, we estimate a market value of £173,985 and a rental value of £1,073 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,101 and £950 per month respectively.
Over the last year, 499, Archer Road, Stevenage has seen its estimated sale value drop by £1,937 (1.2%) and its estimated rental value rise by £24 per month (2.3%). This results in an estimated gross rental yield of 7.4%.
499, Archer Road, Stevenage has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 499, Archer Road, Stevenage completed on 19th April 2013 at £97,000 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 65.7% over the period since April 2013.
Over the past 2 years 3 properties similar to 499, Archer Road, Stevenage have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th July 2024, was 197, Archer Road, Stevenage, SG1 5HD, a leasehold flat which sold for £155,000.
Read more about house prices in SG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 539 addresses on Archer Road, Stevenage, SG1, 499, Archer Road, Stevenage comes out as the 512th largest and the 454th most expensive in our analysis of the public data.
It is also £167k less expensive than the average property across the SG1 district.
From 499, Archer Road, Stevenage, the nearest station is Stevenage, 1.9 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 499, Archer Road, Stevenage, 58.4% of property is socially rented and 20.2% is privately owned with a mortgage.
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 499, Archer Road, Stevenage, 23.7% of residents are recorded as possessing school level qualifications and 21.9% 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 499, Archer Road, Stevenage, the average age was 40.2 and the most common age was 32.
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 499, Archer Road, Stevenage, 0.5% 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 499, Archer Road, Stevenage, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.