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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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68, Mendip Way, Stevenage appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 850 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 68, Mendip Way, Stevenage is £296,161 and its rental estimate is £1,411 per month, given the available information and assuming reasonable condition.
Mendip Way, Stevenage, SG1 falls within the SG1 postal district, in the borough of North Hertfordshire.
68, Mendip Way, Stevenage has 2 entries in the Land Registry , most recently in October 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 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 68, Mendip Way, Stevenage, we estimate a market value of £310,969 and a rental value of £1,482 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £275,429 and £1,312 per month respectively.
Over the last year, 68, Mendip Way, Stevenage has seen its estimated sale value fall by £5,850 (2.0%) and its estimated rental value move up by £30 per month (2.1%). This results in an estimated gross rental yield of 5.7%.
The most recent sale of 68, Mendip Way, Stevenage completed on 1st October 2020 at £328,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 3.4% over the period since October 2020.
Over the past 2 years 3 properties similar to 68, Mendip Way, Stevenage have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2022, was 10, Haybluff Drive, Stevenage, SG1 6HA, a leasehold flat which sold for £252,500.
Read more about house prices in SG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 187 addresses on Mendip Way, Stevenage, SG1, 68, Mendip Way, Stevenage comes out as the 117th largest and the 136th most expensive in our analysis of the public data.
It is also £36k less expensive than the average property across the SG1 district.
From 68, Mendip Way, Stevenage, the nearest station is Stevenage, 4.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 68, Mendip Way, Stevenage, % of property is and % is .
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 68, Mendip Way, Stevenage, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 68, Mendip Way, Stevenage, 0.0% 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 68, Mendip Way, Stevenage, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
