Sold STC Terraced

17 PEARTREE WAY

STEVENAGE, HERTFORDSHIRE SG2 9DZ

3 beds 2 baths 883 sq ft Listed 18 May 2017 (-3318d)

£260,000

Reduced on 29 Jun 2017

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Property details

Tenure

FREEHOLD

Floor area

82 m²

EPC rating

E

Year built

England and Wales: 1950-1966

Last sold

£255,000 Aug 2017

Price per m²

£3,171/m²

Local average

£339,992 (-23.5%)

Deprivation

Decile 6 (17,966 of 33,755)

Street crime

322 incidents within 1 mile (Apr 2026)

Key features

  • *CHAIN FREE*
  • QUIET LOCATION
  • THREE BEDROOMS
  • LARGE LOUNGE/DINER
  • DOWNSTAIRS CLOAKROOM
  • UTILITY ROOM

Additional details

Garden
Yes

Description

A fantastic opportunity to purchase a well maintained three bedroom family home with generous living space, offered *CHAIN FREE*

The current owner has lived in the property for more than 60 years a similar time frame to some of the neighbours in this friendly neighbourhood. Local parks including Peartree park and Fairlands Valley park and local amenities are within walking distance, the location also offers easy access to transport links and good schools.

The entrance hallway leads through to the large lounge/diner with a door onto the rear garden. leading on from the lounge, the spacious kitchen offers a range of base and eye level units and a large pantry cupboard, there are doors to the back garden and side lobby. There is a useful utility room with downstairs W.C and a door to the front of the property.

On the first floor there are two double bedrooms and one single bedroom, all of which have built-in storage. There is a separate W.C and Shower Room with an adapted walk-in Shower and vanity basin.

Outside to the rear of the property is a small private garden with a gate leading to a footpath. The garden is mainly laid to lawn with a sheltered patio area , a good range of shrubs and a shed.

To the front of the property there are steps up to the entrance with a pretty mature range of shrubs and rockery.

Property ref: 121_2177_4421465

Listed by

Stevenage

Wrights Estate Agents

Reference: 66455276

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 17/05/2017

Expiry date: 16/05/2027

Current heating cost: £962/year

Potential heating cost: £625/year

Recommendations

  • Floor insulation (solid floor) (6,000)
  • Increase hot water cylinder insulation (30)
  • Low energy lighting for all fixed outlets (10)
  • Replace boiler with new condensing boiler (3,000)
  • Solar water heating (6,000)
  • Solar photovoltaic panels, 2.5 kWp (8,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Floorplan 2

Floorplan 2

EPC Graphs

EER

EER

EIR

EIR

Price history

Event Date Price % change
Sold 25/08/2017 (8 years ago) £255,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

Address Price Date Type
92 THE PADDOCKS, STEVENAGE, HERTFORDSHIRE, SG2 9UB £357,000 16/12/2025 Terraced
46 ELM WALK, STEVENAGE, HERTFORDSHIRE, SG2 9UZ £310,000 27/03/2025 Terraced
79 PEARTREE WAY, STEVENAGE, HERTFORDSHIRE, SG2 9EA £289,000 23/01/2025 Terraced
Same street 47 PEARTREE WAY, STEVENAGE, HERTFORDSHIRE, SG2 9DZ £315,000 29/11/2023 Terraced
9 LOWER SEAN, STEVENAGE, HERTFORDSHIRE, SG2 9XN £275,000 31/10/2023 Terraced
17 LONG LEAVES, STEVENAGE, HERTFORDSHIRE, SG2 9AZ £355,000 27/10/2023 Terraced
196 VALLEY WAY, STEVENAGE, HERTFORDSHIRE, SG2 9BU £315,000 17/10/2023 Terraced
143 VALLEY WAY, STEVENAGE, HERTFORDSHIRE, SG2 9DD £360,000 29/09/2023 Terraced
114 VALLEY WAY, STEVENAGE, HERTFORDSHIRE, SG2 9DE £330,000 13/07/2023 Terraced
16 PADDOCKS CLOSE, STEVENAGE, HERTFORDSHIRE, SG2 9UD £295,000 02/12/2022 Terraced
39 WILLIAM PLACE, STEVENAGE, HERTFORDSHIRE, SG2 9DJ £340,000 24/11/2022 Terraced
5 SCHOOL CLOSE, STEVENAGE, HERTFORDSHIRE, SG2 9TY £330,000 04/11/2022 Terraced
Same street 8A PEARTREE WAY, STEVENAGE, HERTFORDSHIRE, SG2 9DZ £285,000 24/10/2022 Terraced
19 SCHOOL CLOSE, STEVENAGE, HERTFORDSHIRE, SG2 9TY £330,000 06/10/2022 Terraced
14 WILTSHIRE ROAD, STEVENAGE, HERTFORDSHIRE, SG2 9DU £330,000 03/10/2022 Terraced
1 THE MUNTINGS, STEVENAGE, HERTFORDSHIRE, SG2 9DW £380,000 28/09/2022 Terraced
155A VALLEY WAY, STEVENAGE, HERTFORDSHIRE, SG2 9DD £342,000 26/09/2022 Terraced
38 UPPER SEAN, STEVENAGE, HERTFORDSHIRE, SG2 9XW £345,000 23/09/2022 Terraced
6 NEWGATE, STEVENAGE, HERTFORDSHIRE, SG2 9DS £337,500 20/09/2022 Terraced
19 THE MUNTINGS, STEVENAGE, HERTFORDSHIRE, SG2 9DN £303,000 23/08/2022 Terraced
50 HYDEAN WAY, STEVENAGE, HERTFORDSHIRE, SG2 9XL £375,000 10/08/2022 Terraced
8 SCHOOL CLOSE, STEVENAGE, HERTFORDSHIRE, SG2 9TY £308,000 29/07/2022 Terraced
Same street 35 PEARTREE WAY, STEVENAGE, HERTFORDSHIRE, SG2 9DZ £380,000 14/04/2022 Semi-detached
Same street 31 PEARTREE WAY, STEVENAGE, HERTFORDSHIRE, SG2 9DZ £355,000 24/01/2022 Semi-detached
Same street 51 PEARTREE WAY, STEVENAGE, HERTFORDSHIRE, SG2 9DZ £335,000 11/01/2022 Terraced
Same street 53 PEARTREE WAY, STEVENAGE, HERTFORDSHIRE, SG2 9DZ £272,500 28/06/2021 Terraced

Street average: £323,750 (6 sales)

Area average: £330,325 (20 sales)

Capital growth trend

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

5y growth 10.3%
10y growth 39.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Stevenage. Series: Terraced. As of March 2026.

1y (index) 1.9%
5y (index) 15.1%
10y (index) 34%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: MAISHA HOUSING LTD (10696838)

Rental Range

Estimated market rent for Stevenage. 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 → Stevenage.

LHA (30th percentile) floor for Stevenage & North Herts: £1,247/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Peartree Way 0.1 miles
Shop Stop & Shop 0.4 miles
Shop Unknown 0.7 miles
Train station Stevenage 1.3 miles
Train station Knebworth 1.9 miles
Hospital Unknown 5.5 miles
University University of Bedfordshire : Putteridge Bury Campus 8.5 miles
University University of Hertfordshire 9.1 miles
Hospital Widecombe Nursing Home 10.8 miles

Street-level crime

Category Count
Violence and sexual offences 125
Shoplifting 59
Anti-social behaviour 39
Other theft 20
Criminal damage and arson 17
Vehicle crime 14
Drugs 12
Public order 10
Burglary 8
Other crime 6
Bicycle theft 4
Robbery 4
Possession of weapons 3
Theft from the person 1
Total incidents 322

Within 1 mile during Apr 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
Peartree Way Nursery School Nursery 0.1 miles Good — 3 Nov 2014
Peartree Spring Primary School Primary 0.2 miles Good — 19 Apr 2017
Greenside School Other 0.3 miles Good — 15 Mar 2013
Barnwell School Secondary 0.4 miles Good — 18 Jan 2022
St Nicholas CofE (VA) Primary School and Nursery Primary 0.4 miles Requires improvement — 18 May 2023

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
3 Bed Terraced House, Valley Way, SG2 £1,600/mo 3 0.12 miles OpenRent
3 Bed Terraced House, Valley Way, SG2 £1,600/mo 3 0.14 miles OpenRent
3 Bed Semi-Detached House, Newgate, SG2 £1,750/mo 3 0.18 miles OpenRent
3 Bed Semi-Detached House, Hyde Green, SG2 £1,700/mo 3 0.22 miles OpenRent
3 Bed End Terrace, Stephenson Mews, SG2 £1,650/mo 3 0.34 miles OpenRent
3 Bed Terraced House, Shephall View, SG1 £700/mo 3 0.41 miles OpenRent
3 Bed Semi-Detached House, Oakfields, SG2 £2,250/mo 3 0.7 miles OpenRent

Average rent: £1,607/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.63%
Max investor price (0.8%) £206,250
Target investor price (1%) £165,000
Gross yield 7.6%
Cost-to-rent ratio 13.1×
Monthly cashflow £436/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 6.9%
  • 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).