55a Spring Drive

    55A, SPRING DRIVE, STEVENAGE, SG2 8BD

    This terraced freehold property on Spring Drive last sold in March 2016 for £195,000. Based on price growth in the SG2 district since then, its estimated current value is £258,159 — placing it in the 39th percentile nationally and the 11th percentile within SG2. The property covers 40 m² (431 sq ft), giving an estimated value of £6,454 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £195,000

    Mar 2016

    Estimated Valuation

    £258,159

    Est. £/sq ft

    £600/sq ft

    £6,454/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formNot available
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialA
    Floor area431 sq ft (40 m²)
    EPC dateNov 2015
    WallsAverage thermal transmittance 0.14 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2016

    £195,000

    Key Metrics

    Estimated valuation£258,159
    Value per sq ft / m²£600/sq ft (£6,454/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SG2 district percentile11th percentile
    National percentile39th percentile

    District Context — SG2

    SG2 covers Letchworth Garden City and surrounding areas in north Hertfordshire, positioned between London and Cambridge. It is a residential district with a planned-town heritage, attracting families and commuters seeking suburban stability.

    Average Property Price - SG2

    £391,470

    65

    National percentile

    Average Net Household Income - SG2

    £33,597

    23

    National percentile

    10-Year Annualised Price Growth - SG2

    3.7%

    56

    National percentile

    10-Year Annualised Rent Growth - SG

    4.5%

    83

    National percentile

    View full analysis for SG2

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