7 Elbow Lane

    7, ELBOW LANE, STEVENAGE, SG2 8LP

    This terraced freehold property on Elbow Lane last sold in April 2016 for £240,000. Based on price growth in the SG2 district since then, its estimated current value is £317,734 — placing it in the 53rd percentile nationally and the 30th percentile within SG2. The property covers 95 m² (1,023 sq ft), giving an estimated value of £3,345 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £240,000

    Apr 2016

    Estimated Valuation

    £317,734

    Est. £/sq ft

    £311/sq ft

    £3,345/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,023 sq ft (95 m²)
    EPC dateAug 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Apr 2016

    £240,000

    Key Metrics

    Estimated valuation£317,734
    Value per sq ft / m²£311/sq ft (£3,345/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SG2 district percentile30th percentile
    National percentile53rd 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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