Paynes Park, Hitchin, SG5
ST

Paynes Park, Hitchin, SG5

By Stonegate Estates

£ 149,950

Reviews

3 out of 5 stars

Stonegate Estates says ..

A two double bedroom retirement apartment situated within this highly regarded town centre development. Set on the second floor of this ever popular development overlooking Hitchin town centre. This light and spacious, secure apartment benefits from access to the communal lounge and laundry ro...

Property Oracle says ..

This two-bedroom retirement property is located in Paynes Park, Hitchin, a town in North Hertfordshire. The property is part of a larger development, as evidenced by the exterior photos. While the exact square footage is not provided, the property appears to be of a reasonable size for a two-bedroom apartment. The interior photos show the property to be in good condition, with modern fixtures and fittings. The kitchen and bathroom appear well-maintained and updated. The property includes a communal garden area, which is a positive aspect for residents. Hitchin is a popular town with good transport links, including a train station providing access to London and other areas. The proximity to schools and other amenities would need further investigation to determine the exact distances and suitability for potential buyers. The list price of £149,950 is significantly lower than the average house price in the area (£491,094), which is noteworthy. However, this difference is likely due to the property being a retirement apartment and smaller than the average property in the area. Nearby comparable properties are also retirement properties and apartments, supporting the listed price in this context.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
0
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
616.54
Lot (est)
612.47

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
352,488.00 £
Decreased by 23.33 %
from 459,775.00 £
Est sale value
310,736.16 £
Increased by 4.78 %
from 296,555.74 £
Average area rental value
1,275.00 £/mo
Decreased by 12.25 %
from 1,453.00 £/mo
Est letting value
616.54 £/mo
Unchanged by 0.00 %
from 616.54 £/mo
Est rental Yield
4.34 %
Increased by 14.51 %
from 3.79 %
Crime Rate
30.00 %
Unchanged by 0.00 %
from 30.00 %

Agent Activity

  • Stonegate Estates marked this listing as sold.

  • Stonegate Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Hitchin Boys' SchoolAcademy ConverterOutstanding0.44 KM
Wilshere-Dacre Junior AcademyAcademy Sponsor LedGood0.67 KM
Samuel Lucas Junior Mixed And Infant SchoolCommunity SchoolOutstanding0.72 KM
Nh8 Bluebell Family CentreChildren's Centre0.78 KM
York Road Nursery SchoolLocal Authority Nursery SchoolOutstanding0.83 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Whitings Court £ 193,45700.00 KM
Exchange Yard £ 485,00000.00 KM
West Alley £ 000.00 KM
Market Place £ 465,00000.00 KM
Crabbes Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hitchin6086HIT1.99 KM
Letchworth Garden City6089LET6.71 KM
Arlesey6171ARL8.85 KM
Stevenage6092SVG9.62 KM

Nearby Listings

AddressPriceTypeScoreDistance
Paynes Park, Hitchin, SG5 £ 149,950BUY7 / 100.00 KM
Paynes Park, Hitchin, SG5 £ 140,000BUY5 / 100.00 KM
Paynes Park, Hitchin, SG5 £ 200,000BUY5 / 100.00 KM
Coopers Yard, HITCHIN, SG5 £ 275,000BUY6 / 100.01 KM
Paynes Park,Hitchin,SG5 1EJ £ 250,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
23 Tilehouse Street £ 742,0000.12 KM
74 Tilehouse Street £ 385,0000.12 KM
34 Tilehouse Street £ 190,0000.12 KM
32 Tilehouse Street £ 598,0000.12 KM
72 Tilehouse Street £ 242,5000.12 KM