According to the public record, 37, Chapman Way, Hitchin is a mid-century leasehold apartment and with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Chapman Way, Hitchin, SG4 is located in the borough of North Hertfordshire within the SG4 postal district.
37, Chapman Way, Hitchin has a single entry in the Land Registry database from October 2023 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 37 Chapman Way Hitchin as £345,225 and the rental value as £1,329 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 37 Chapman Way Hitchin has increased by £6,528 (1.9%) and its rental value has increased by £97 per month (7.3%).
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 37, Chapman Way, Hitchin is in very good condition we estimate a sale value of £362,486 and rental value of £1,395 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,059 and a rental value of £1,236 per month.
If you were able to purchase this property for the estimated value of £345,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,697 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, 37, Chapman Way, Hitchin was last sold on 09 Oct 2023 for £340,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2023, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Chapman Way, Hitchin within a radius of 0m over the last 2 years.
The most recent example is 45, Chapman Way, Hitchin, SG4 0LF, a Leasehold flat which sold for £365,000 in Oct 2023.
Read more about house prices in SG4.
Our network of Estate Agents report 1 let within a 191m radius of 37, Chapman Way, Hitchin over the last 2 years.
Most recently 53, Coleridge Close, Hitchin, SG4 0QX, a Freehold house let by The Letting Quarter for an undisclosed amount in Aug 2024.
Chapman Way, Hitchin, SG4 has a total of 35 addresses. According to our analysis of all the public data, 37, Chapman Way, Hitchin is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in SG4.
37, Chapman Way, Hitchin has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 37, Chapman Way, Hitchin is Hitchin station which is 400 m 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 37, Chapman Way, Hitchin, % of property is and % is .
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 37, Chapman Way, Hitchin, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London 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 37, Chapman Way, Hitchin, 0.0% of property was a second home.
Comparison figures for This region 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 37, Chapman Way, Hitchin, there are an average of 0.0 cars per household.
See below for how this compares to This region and the rest of England & Wales.