According to the public record, 74, Wedgewood Road, Hitchin is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 483 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wedgewood Road, Hitchin, SG4 is located in the borough of North Hertfordshire within the SG4 postal district.
74, Wedgewood Road, Hitchin has 41 entries in the Land Registry database, most recently in September 2018 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 74 Wedgewood Road Hitchin as £197,942 and the rental value as £987 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 74 Wedgewood Road Hitchin has increased by £3,749 (1.9%) and its rental value has increased by £72 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 74, Wedgewood Road, Hitchin is in very good condition we estimate a sale value of £207,839 and rental value of £1,037 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,086 and a rental value of £918 per month.
If you were able to purchase this property for the estimated value of £197,942, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £973 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, 74, Wedgewood Road, Hitchin was last sold on 18 Sep 2018 for £150,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2018, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Wedgewood Road, Hitchin within a radius of 38m over the last 2 years.
The most recent example is 87, Wedgewood Road, Hitchin, SG4 0HB, a Leasehold flat which sold for £100,000 in Nov 2023.
Read more about house prices in SG4.
Our network of Estate Agents report 1 let within a 363m radius of 74, Wedgewood Road, 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.
Wedgewood Road, Hitchin, SG4 has a total of 89 addresses. According to our analysis of all the public data, 74, Wedgewood Road, Hitchin is the 35th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £299k less expensive than the average property in SG4.
The closest station to 74, Wedgewood Road, Hitchin is Hitchin station which is 700 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 74, Wedgewood Road, Hitchin, 42.6% of property is privately rented and 38.0% 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 74, Wedgewood Road, Hitchin, 19.1% of residents are recorded as possessing school level qualifications and 56.3% 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 74, Wedgewood Road, Hitchin, the average age was 41.2 and the most common age was 42.
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 74, Wedgewood Road, Hitchin, 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 74, Wedgewood Road, Hitchin, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.