According to the public record, 39, The Springs, Hertford is a modern leasehold apartment and with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Springs, Hertford, SG13 is located in the borough of East Hertfordshire within the SG13 postal district.
39, The Springs, Hertford has 71 entries in the Land Registry database, most recently in October 2020 and 2 entries in the EPC database, most recently in December 2018.
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 39 The Springs Hertford as £252,907 and the rental value as £1,334 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 39 The Springs Hertford has increased by £5,352 (2.1%) and its rental value has increased by £96 per month (7.2%).
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 39, The Springs, Hertford is in very good condition we estimate a sale value of £265,552 and rental value of £1,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,203 and a rental value of £1,241 per month.
If you were able to purchase this property for the estimated value of £252,907, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,243 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, 39, The Springs, Hertford was last sold on 28 Oct 2020 for £258,500 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Oct 2020, the market for similar properties has risen 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, The Springs, Hertford within a radius of 62m over the last 2 years.
The most recent example is 8, Stants View, Hertford, SG13 7FY, a Leasehold flat which sold for £271,000 in Oct 2023.
Read more about house prices in SG13.
The Springs, Hertford, SG13 has a total of 43 addresses. According to our analysis of all the public data, 39, The Springs, Hertford is the 16th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £293k less expensive than the average property in SG13.
39, The Springs, Hertford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 39, The Springs, Hertford is Hertford East station which is 800 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 39, The Springs, Hertford, 39.6% of property is privately owned with a mortgage and 33.9% is privately rented.
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 39, The Springs, Hertford, 18.9% of residents are recorded as possessing school level qualifications and 52.9% 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 39, The Springs, Hertford, the average age was 37 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 39, The Springs, Hertford, 1.0% 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 39, The Springs, Hertford, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.