According to the public record, 40, Old Park Road, Hitchin is a period freehold house with 559 ft2 of internal area and sits on a 118 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Old Park Road, Hitchin, SG5 is located in the borough of North Hertfordshire within the SG5 postal district.
40, Old Park Road, Hitchin has 4 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated December 2022.
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 40 Old Park Road Hitchin as £351,516 and the rental value as £1,264 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 40 Old Park Road Hitchin has increased by £1,619 (0.5%) and its rental value has increased by £73 per month (5.8%).
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 40, Old Park Road, Hitchin is in very good condition we estimate a sale value of £369,092 and rental value of £1,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,910 and a rental value of £1,176 per month.
If you were able to purchase this property for the estimated value of £351,516, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,728 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 data from HM Land Registry, 40, Old Park Road, Hitchin sits on a plot of 118m2.
We have plot size data on 17 out of 22 other houses in the postcode and 40, Old Park Road, Hitchin sits on the 16th largest plot.
According to HM Land Registry, 40, Old Park Road, Hitchin was last sold on 08 Dec 2023 for £360,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2023, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Old Park Road, Hitchin within a radius of 530 metres over the last 2 years.
The most recent example is 9, Kent Place, Hitchin, SG5 2LE, a Freehold house which sold for £390,000 in May 2023.
Read more about house prices in SG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 530 metres radius of 40, Old Park Road, Hitchin over the last 2 years.
Most recently Apartment 4, Church View, Portmill Lane, Hitchin, SG5 1EU, a Leasehold flat let by The Letting Quarter in Sep 2024.
Old Park Road, Hitchin, SG5 has a total of 134 addresses. According to our analysis of all the public data, 40, Old Park Road, Hitchin is the 93rd largest and the 55th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in SG5.
40, Old Park Road, Hitchin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 40, Old Park Road, Hitchin is Hitchin station which is 1.4 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 40, Old Park Road, Hitchin, 45.0% of property is privately owned outright and 26.4% 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 40, Old Park Road, Hitchin, 11.0% of residents are recorded as possessing school level qualifications and 39.6% 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 40, Old Park Road, 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 40, Old Park Road, Hitchin, 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 40, Old Park Road, Hitchin, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.