Flats/Maisonettes 2 sales on record

56 PRINCIPAL COURT

LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 1FL

£280,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Eastholm 0.1 miles
Shop Motorcycle Pit Stop 0.4 miles
Train station Letchworth Garden City 0.7 miles
Hospital Unknown 6.6 miles
University University of Bedfordshire 8.2 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

2

Floor area

66 m²

EPC rating

C

Year built

England and Wales: 2007-2011

Last sold

£280,000 Mar 2026

Price per m²

£4,242/m²

Local average

£198,633 (15 sales)

Street crime

177 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 04/07/2016

Expiry date: 03/07/2026 (expired)

Current heating cost: £228/year

Potential heating cost: £233/year

Recommendations

  • Low energy lighting for all fixed outlets (30)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 13/03/2026 £280,000 Flat +19.1% £285,091 to April 2026 View transaction
Sold 06/09/2018 £235,000 Flat £239,273 to April 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
55 PRINCIPAL COURT, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 1FL £275,000 22/02/2023 Flat
30 PRINCIPAL COURT, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 1FL £270,000 06/09/2022 Flat
53 PRINCIPAL COURT, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 1FL £280,000 04/10/2021 Flat
31 PRINCIPAL COURT, LETCHWORTH GARDEN CITY, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG6 1FL £228,000 29/09/2021 Flat

Area average: £263,250 (4 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -2.8%
10y growth 12.8%

House Price Index (HM Land Registry — official index, not sold-price averages): North Hertfordshire. Series: Flats and maisonettes. As of April 2026.

1y (index) -1.2%
5y (index) 2.5%
10y (index) 14.3%

Rental Range

Estimated market rent for North Hertfordshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,279/mo
Realistic £1,421/mo
Optimistic £1,563/mo

Based on Local Authority from postcode lookup → North Hertfordshire.

LHA (30th percentile) floor for Stevenage & North Herts: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Haysman Close, SG6 £1,250/mo 2 0.27 miles OpenRent
2 Bed Flat, Icknield Way., SG6 £750/mo 2 0.29 miles OpenRent
2 Bed Flat, Kristiansand Way, SG6 £1,250/mo 2 0.5 miles OpenRent
2 Bed Flat, Park View, SG6 £1,450/mo 2 0.64 miles OpenRent
2 Bed End Terrace, Pix Road, SG6 £1,500/mo 2 0.69 miles OpenRent
2 Bed Terraced House, Sanderling Close, SG6 £1,400/mo 2 0.71 miles OpenRent
2 Bed Flat, Norton Way South, SG6 £1,695/mo 2 0.75 miles OpenRent
2 Bed Flat, Norton Way South, SG6 £1,500/mo 2 0.75 miles OpenRent
2 Bed Flat, Eastcheap, SG6 £1,295/mo 2 0.85 miles OpenRent

Average rent: £1,343/mo (9 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.5%
Max investor price (0.8%) £175,000
Target investor price (1%) £140,000
Gross yield 6%
Cost-to-rent ratio 16.7×
Monthly cashflow £132/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 54
Anti-social behaviour 52
Criminal damage and arson 17
Shoplifting 15
Other theft 10
Public order 9
Drugs 8
Burglary 4
Robbery 3
Vehicle crime 3
Possession of weapons 2
Total incidents 177

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Northfields Infants and Nursery School Primary 0.4 miles Requires improvement — 23 Jun 2024
The Grange Academy Primary 0.5 miles Good — 2 Mar 2022
Norton St Nicholas CofE (VA) Primary School Primary 0.6 miles Good — 19 Dec 2012
Hillshott Infant School and Nursery Primary 0.7 miles Good — 16 Feb 2011
Stonehill School Primary 0.8 miles Good — 16 Mar 2018

FENSA

No FENSA certificates found for this address.