According to the public record, 16, The Ridgeway, Hitchin is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 966 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
The Ridgeway, Hitchin, SG5 is located in the borough of North Hertfordshire within the SG5 postal district.
16, The Ridgeway, Hitchin has a single entry in the Land Registry database from February 2008 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 The Ridgeway Hitchin as £594,382 and the rental value as £1,829 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 16 The Ridgeway Hitchin has decreased by £4,912 (0.8%) and its rental value has increased by £81 per month (4.4%).
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 16, The Ridgeway, Hitchin is in very good condition we estimate a sale value of £624,101 and rental value of £1,921 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,775 and a rental value of £1,701 per month.
If you were able to purchase this property for the estimated value of £594,382, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,921 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 16, The Ridgeway, Hitchin was last sold on 27 Feb 2008 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2008, the market for similar properties has risen 76.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, The Ridgeway, Hitchin within a radius of 890 metres over the last 2 years.
The most recent example is 3, Hawthorn Close, Hitchin, SG5 2BW, a Freehold house which sold for £552,500 in Apr 2024.
Read more about house prices in SG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridgeway, Hitchin, SG5 has a total of 30 addresses. According to our analysis of all the public data, 16, The Ridgeway, Hitchin is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £167k more expensive than the average property in SG5.
The closest station to 16, The Ridgeway, Hitchin is Hitchin station which is 2.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, The Ridgeway, Hitchin, 57.0% of property is privately owned outright and 37.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 16, The Ridgeway, Hitchin, 24.5% of residents are recorded as possessing school level qualifications and 59.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, The Ridgeway, Hitchin, the average age was 42.8 and the most common age was 47.
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 16, The Ridgeway, Hitchin, 0.9% 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 16, The Ridgeway, Hitchin, 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.