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Company No. 11113204
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15, Phoenix Drive, Bishop's Stortford is recorded publicly as a modern freehold house across 1,065 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Phoenix Drive, Bishop's Stortford is £500,319 and its rental estimate is £2,017 per month, given the available information and assuming reasonable condition.
Phoenix Drive, Bishop's Stortford, CM23 falls within the CM23 postal district, in the borough of East Hertfordshire.
15, Phoenix Drive, Bishop's Stortford has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated November 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.
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 15, Phoenix Drive, Bishop's Stortford, we estimate a market value of £525,334 and a rental value of £2,118 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £465,296 and £1,876 per month respectively.
Over the last year, 15, Phoenix Drive, Bishop's Stortford has seen its estimated sale value move down by £15,669 (3.1%) and its estimated rental value increase by £55 per month (2.7%). This results in an estimated gross rental yield of 4.8%.
15, Phoenix Drive, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Nov 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 15, Phoenix Drive, Bishop's Stortford completed on 30th November 2022 at £560,000 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 6.5% over the period since November 2022.
Over the past 2 years 3 properties similar to 15, Phoenix Drive, Bishop's Stortford have sold within a radius of 850 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2022, was 13, Phoenix Drive, Bishop's Stortford, CM23 2UJ, a freehold house which sold for £560,000.
Read more about house prices in CM23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 24 addresses on Phoenix Drive, Bishop's Stortford, CM23, 15, Phoenix Drive, Bishop's Stortford comes out as the 11th largest and the 8th most expensive in our analysis of the public data.
It is also £26k more expensive than the average property across the CM23 district.
From 15, Phoenix Drive, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Phoenix Drive, 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 15, Phoenix Drive, 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 15, Phoenix Drive, 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 15, Phoenix Drive, 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 15, Phoenix 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.
