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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, 194D, Chells Way, Stevenage is a modern Leasehold apartment with 796 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 194D, Chells Way, Stevenage is £254,123 and the estimated rental value is £1,325 per month.
The apartment is within 194, Chells Way, Stevenage, SG2.
Chells Way, Stevenage, SG2 is located in the borough of Stevenage within the SG2 postal district.
194D, Chells Way, Stevenage has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated August 2024.
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.
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 194D, Chells Way, Stevenage is in very good condition we estimate a sale value of £266,829 and a rental value of £1,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,334 and a rental value of £1,233 per month.
Over the last 12 months the sale value of 194D Chells Way Stevenage has decreased by an estimated £3,030 (1.2%) and its rental value has increased by an estimated £38 per month (2.9%), giving an expected gross yield of 6.3%.
194D, Chells Way, Stevenage has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Aug 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 194D, Chells Way, Stevenage was last sold on 22nd November 2024 for £260,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2024, the market for similar properties has dropped 25.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 194D, Chells Way, Stevenage within a radius of 550 metres over the last 2 years.
The most recent example is 194A, Chells Way, Stevenage, SG2 0LZ, a leasehold flat which sold for £245,000 on the 6th September 2024.
Read more about house prices in SG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chells Way, Stevenage, SG2 has a total of 223 addresses. According to our analysis of all the public data, 194D, Chells Way, Stevenage is the 209th largest and the 214th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in SG2.
The closest station to 194D, Chells Way, Stevenage is Stevenage station which is 2.4 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 194D, Chells Way, Stevenage, 37.4% of property is privately owned outright and 35.9% 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 194D, Chells Way, Stevenage, 17.9% of residents are recorded as possessing school level qualifications and 32.5% 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 194D, Chells Way, Stevenage, the average age was 38.2 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 194D, Chells Way, Stevenage, 0.6% 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 194D, Chells Way, Stevenage, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
