7b Market Place

    7B, MARKET PLACE, HITCHIN, SG5 1DR

    This flat/maisonette leasehold property on Market Place last sold in May 2017 for £275,000. Based on price growth in the SG5 district since then, its estimated current value is £309,411 — placing it in the 51st percentile nationally and the 20th percentile within SG5. The property covers 53 m² (570 sq ft), giving an estimated value of £5,838 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £275,000

    May 2017

    Estimated Valuation

    £309,411

    Est. £/sq ft

    £542/sq ft

    £5,838/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateSept 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 May 2017

    £275,000

    Key Metrics

    Estimated valuation£309,411
    Value per sq ft / m²£542/sq ft (£5,838/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SG5 district percentile20th percentile
    National percentile51st percentile

    District Context — SG5

    SG5 covers Letchworth Garden City and surrounding settlements in north Hertfordshire, positioned between Cambridge and London. The area combines planned-town heritage with commuter appeal and established residential communities.

    Average Property Price - SG5

    £488,627

    79

    National percentile

    Average Net Household Income - SG5

    £49,246

    87

    National percentile

    10-Year Annualised Price Growth - SG5

    4.1%

    70

    National percentile

    10-Year Annualised Rent Growth - SG

    4.5%

    83

    National percentile

    View full analysis for SG5

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