Flat 9, 7
Flat 9, 7
Description & Estimates
Flat 9, 7, Market Place, Stevenage is recorded publicly as a mid-century leasehold apartment across 355 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 9, 7, Market Place, Stevenage is £117,595 and its rental estimate is £807 per month, given the available information and assuming reasonable condition.
7, Market Place is a residential building on Market Place, Stevenage, SG1 and falls within the SG1 postal district and the borough of Stevenage.
Our Data Sources
Flat 9, 7, Market Place, Stevenage has a single entry in the Land Registry from February 2020 and a single entry in the EPC database dated April 2019.
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.
Price Range & Condition
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 Flat 9, 7, Market Place, Stevenage, we estimate a market value of £123,475 and a rental value of £847 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £109,363 and £750 per month respectively.
Recent Market Change
Over the last year, Flat 9, 7, Market Place, Stevenage has seen its estimated sale value move down by £1,375 (1.2%) and its estimated rental value increase by £19 per month (2.3%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
Flat 9, 7, Market Place, Stevenage has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 9, 7, Market Place, Stevenage completed on 20th February 2020 at £125,000 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 19.3% over the period since February 2020.
- Sold Feb 2020£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 9, 7, Market Place, Stevenage have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th January 2017, was Flat 10, Market Place Chambers 1, Market Place, Stevenage, SG1 1DD, a leasehold flat which sold for £135,000.
Read more about house prices in SG1.
- Sold Jan 2017£135,000 | 1 Bed FlatMarket Place Chambers 1, Market PlaceFlat 10, Market Place Chambers 1, Market Place, Stevenage, SG1 1DD
- Sold Nov 2013£94,500 | 1 Bed Flat7, Market PlaceFlat 3, 7, Market Place, Stevenage, SG1 1DG
- Sold Oct 2011£88,000 | 1 Bed FlatMarket Place Chambers 1, Market PlaceFlat 4, Market Place Chambers 1, Market Place, Stevenage, SG1 1DD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 25 addresses on Market Place, Stevenage, SG1, Flat 9, 7, Market Place, Stevenage comes out as the 16th largest and the 15th most expensive in our analysis of the public data.
It is also £215k less expensive than the average property across the SG1 district.
More reading links
Schools Nearby
- 400mBroom Barns Primary School
- 900mFairlands Primary School
- 1.1kmSt Nicholas CofE (VA) Primary School and Nursery
- 1.6kmBarclay Academy
- 1.6kmThe Thomas Alleyne Academy
- 1.7kmMarriotts School
More reading links
Public Transport Nearby
From Flat 9, 7, Market Place, Stevenage, the nearest station is Stevenage, 500 metres away.
- 500mStevenage
- 3.9kmKnebworth
- 7.2kmHitchin
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
