Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
1, Firefly Way, Bishop's Stortford is recorded publicly as a modern freehold house across 624 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Firefly Way, Bishop's Stortford is £348,628 and its rental estimate is £1,545 per month, given the available information and assuming reasonable condition.
Firefly Way, Bishop's Stortford, CM23 falls within the CM23 postal district, in the borough of East Hertfordshire.
1, Firefly Way, Bishop's Stortford has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Firefly Way, Bishop's Stortford, we estimate a market value of £366,060 and a rental value of £1,622 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £324,224 and £1,437 per month respectively.
Over the last year, 1, Firefly Way, Bishop's Stortford has seen its estimated sale value decrease by £10,199 (2.9%) and its estimated rental value grow by £48 per month (3.1%). This results in an estimated gross rental yield of 5.3%.
1, Firefly Way, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Firefly Way, Bishop's Stortford completed on 30th June 2022 at £380,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.2% over the period since June 2022.
Over the past 2 years 3 properties similar to 1, Firefly Way, Bishop's Stortford have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2023, was 16, Phoenix Drive, Bishop's Stortford, CM23 2UJ, a leasehold house which sold for £252,000.
Read more about house prices in CM23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Firefly Way, Bishop's Stortford, CM23, 1, Firefly Way, Bishop's Stortford comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £125k less expensive than the average property across the CM23 district.
From 1, Firefly Way, Bishop's Stortford, the nearest station is Bishops Stortford, 1.9 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Firefly Way, Bishop's Stortford, 48.9% of property is privately owned outright and 37.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 1, Firefly Way, Bishop's Stortford, 19.6% of residents are recorded as possessing school level qualifications and 50.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Firefly Way, Bishop's Stortford, the average age was 40.2 and the most common age was 52.
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 1, Firefly Way, Bishop's Stortford, 3.7% 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 1, Firefly Way, Bishop's Stortford, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
