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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, Flat 40, The Cedars, Stevenage is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 587 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 Flat 40, The Cedars, Stevenage is £190,523 and the estimated rental value is £1,198 per month.
The apartment is within The Cedars, Burghley Close, Stevenage, SG2.
Burghley Close, Stevenage, SG2 is located in the borough of Stevenage within the SG2 postal district.
Flat 40, The Cedars, Stevenage has 51 entries in the Land Registry , most recently in April 2021 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 5 out of 5 and is considered of high 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 Flat 40, The Cedars, Stevenage is in very good condition we estimate a sale value of £200,049 and a rental value of £1,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,186 and a rental value of £1,114 per month.
Over the last 12 months the sale value of Flat 40 The Cedars Stevenage has decreased by an estimated £2,572 (1.4%) and its rental value has increased by an estimated £29 per month (2.4%), giving an expected gross yield of 7.5%.
According to HM Land Registry, Flat 40, The Cedars, Stevenage was last sold on 23rd April 2021 for £190,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since April 2021, the market for similar properties has risen 21.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, The Cedars, Stevenage within a radius of 580 metres over the last 2 years.
The most recent example is Flat 32, The Cedars, Burghley Close, Stevenage, SG2 8SZ, a leasehold flat which sold for £210,000 on the 4th February 2025.
Read more about house prices in SG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burghley Close, Stevenage, SG2 has a total of 50 addresses. According to our analysis of all the public data, Flat 40, The Cedars, Stevenage is the 50th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in SG2.
The closest station to Flat 40, The Cedars, Stevenage is Knebworth station which is 1.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Flat 40, The Cedars, Stevenage, 37.7% of property is privately owned with a mortgage and 31.5% is privately owned outright.
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 Flat 40, The Cedars, Stevenage, 27.5% of residents are recorded as possessing school level qualifications and 26.0% 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 Flat 40, The Cedars, Stevenage, the average age was 38.7 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 Flat 40, The Cedars, Stevenage, 0.3% 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 Flat 40, The Cedars, 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.
