According to the public record, 494, Grace Way, Stevenage is a mid-century freehold house and with 1,129 ft2 of internal area and sits on a 186 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Grace Way, Stevenage, SG1 is located in the borough of Stevenage within the SG1 postal district.
494, Grace Way, Stevenage has 41 entries in the Land Registry database, most recently in April 2013 and a single entry in the EPC database dated September 2010.
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 494 Grace Way Stevenage as £345,627 and the rental value as £1,707 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 494 Grace Way Stevenage has increased by £2,300 (0.7%) and its rental value has increased by £79 per month (4.6%).
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 494, Grace Way, Stevenage is in very good condition we estimate a sale value of £362,909 and rental value of £1,792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,433 and a rental value of £1,587 per month.
If you were able to purchase this property for the estimated value of £345,627, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,699 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, 494, Grace Way, Stevenage sits on a plot of 186m2.
We have plot size data on 9 out of 13 other houses in the postcode and 494, Grace Way, Stevenage sits on the 6th largest plot.
According to HM Land Registry, 494, Grace Way, Stevenage was last sold on 30 Apr 2013 for £188,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2013, the market for similar properties has risen 80.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 494, Grace Way, Stevenage within a radius of 107m over the last 2 years.
The most recent example is 430, Grace Way, Stevenage, SG1 5AS, a Freehold house which sold for £375,000 in Feb 2024.
Read more about house prices in SG1.
Grace Way, Stevenage, SG1 has a total of 312 addresses. According to our analysis of all the public data, 494, Grace Way, Stevenage is the 64th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in SG1.
494, Grace Way, Stevenage has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Sep 2010.
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 494, Grace Way, Stevenage is Stevenage station which is 1.6 km 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 494, Grace Way, Stevenage, 34.2% of property is privately owned outright and 30.1% is socially 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 494, Grace Way, Stevenage, 14.2% of residents are recorded as possessing school level qualifications and 24.3% 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 494, Grace Way, Stevenage, the average age was 40.2 and the most common age was 32.
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 494, Grace Way, Stevenage, 0.0% 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 494, Grace Way, Stevenage, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.