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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 1, Vardon Drive, Bishop's Stortford to be a modern freehold house with 850 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Vardon Drive, Bishop's Stortford has an estimated sale value of £496,555 and an estimated rental value of £1,760 per month, assuming reasonable condition and based on the information available.
Vardon Drive, Bishop's Stortford, CM23 lies in the borough of East Hertfordshire, within the CM23 postal district.
1, Vardon Drive, Bishop's Stortford has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 1, Vardon Drive, Bishop's Stortford would be worth £521,383, with a potential rental value of £1,848 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £461,796, with a rental value of £1,637 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 1, Vardon Drive, Bishop's Stortford has decreased by £15,551 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £48 (2.7%). The property's estimated gross yield is currently 4.3%.
1, Vardon Drive, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
1, Vardon Drive, Bishop's Stortford last changed hands on 20th October 2022, selling for £565,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 19.4% since October 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 950 metres of 1, Vardon Drive, Bishop's Stortford across the last 2 years.
Most recently, 9, Vardon Drive, Bishop's Stortford, CM23 5FT, a freehold house, sold at £457,500 on the 28th February 2023.
Read more about house prices in CM23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 1, Vardon Drive, Bishop's Stortford as the 21st largest and the 20th most expensive of the 30 addresses on Vardon Drive, Bishop's Stortford, CM23.
Against the CM23 postcode district average, it is £23k more expensive than the typical property.
Bishops Stortford station is the nearest stop to 1, Vardon Drive, Bishop's Stortford at 1.3 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Vardon Drive, Bishop's Stortford, 59.3% of property is privately owned outright and 31.9% 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, Vardon Drive, Bishop's Stortford, 19.3% of residents are recorded as possessing school level qualifications and 47.6% 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, Vardon Drive, Bishop's Stortford, the average age was 39 and the most common age was 47.
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, Vardon Drive, Bishop's Stortford, 3.0% 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 1, Vardon Drive, 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.
