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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
According to the public record, 5, Old School Close, Hitchin is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Old School Close, Hitchin is £265,450 and the estimated rental value is £1,377 per month.
Old School Close, Codicote, Hitchin, SG4 is located in the borough of North Hertfordshire within the SG4 postal district.
5, Old School Close, Hitchin has 2 entries in the Land Registry , most recently in August 2020 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 5, Old School Close, Hitchin is in very good condition we estimate a sale value of £278,723 and a rental value of £1,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,869 and a rental value of £1,280 per month.
Over the last 12 months the sale value of 5 Old School Close Hitchin has decreased by an estimated £3,288 (1.2%) and its rental value has increased by an estimated £47 per month (3.4%), giving an expected gross yield of 6.2%.
According to HM Land Registry, 5, Old School Close, Hitchin was last sold on 13th August 2020 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2020, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 5, Old School Close, Hitchin within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 227, Valley Road South, Hitchin, SG4 8UH, a leasehold flat which sold for £240,000 on the 14th June 2019.
Read more about house prices in SG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old School Close, Codicote, Hitchin, SG4 has a total of 52 addresses. According to our analysis of all the public data, 5, Old School Close, Hitchin is the 21st largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in SG4.
The closest station to 5, Old School Close, Hitchin is Knebworth station which is 3.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Old School Close, Hitchin, 44.0% of property is privately owned outright and 38.4% 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 5, Old School Close, Hitchin, 18.9% of residents are recorded as possessing school level qualifications and 59.9% 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 5, Old School Close, Hitchin, the average age was 43.9 and the most common age was 57.
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 5, Old School Close, Hitchin, 3.0% 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 5, Old School Close, Hitchin, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
