2, Fray Close
2, Fray Close
Description & Estimates
2, Fray Close, Bishop's Stortford is recorded publicly as a modern freehold house across 904 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Fray Close, Bishop's Stortford is £384,902 and its rental estimate is £1,784 per month, given the available information and assuming reasonable condition.
Fray Close, Bishop's Stortford, CM23 falls within the CM23 postal district, in the borough of East Hertfordshire.
Our Data Sources
2, Fray Close, Bishop's Stortford has a single entry in the Land Registry from May 2020 and a single entry in the EPC database dated February 2020.
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.
Price Range & Condition
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 2, Fray Close, Bishop's Stortford, we estimate a market value of £404,147 and a rental value of £1,873 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £357,959 and £1,659 per month respectively.
Recent Market Change
Over the last year, 2, Fray Close, Bishop's Stortford has seen its estimated sale value move down by £12,055 (3.1%) and its estimated rental value increase by £49 per month (2.7%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
2, Fray Close, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Feb 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Fray Close, Bishop's Stortford completed on 29th May 2020 at £397,500 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 risen by 11.2% over the period since May 2020.
- Sold May 2020£397,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Fray Close, Bishop's Stortford have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th April 2025, was 2, Grant Road, Bishop's Stortford, CM23 1FL, a freehold house which sold for £410,000.
Read more about house prices in CM23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 8 addresses on Fray Close, Bishop's Stortford, CM23, 2, Fray Close, Bishop's Stortford comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £89k less expensive than the average property across the CM23 district.
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Schools Nearby
- 600mAvanti Meadows Primary School
- 1.4kmBirchanger Church of England Voluntary Controlled Primary School
- 1.4kmAll Saints Church of England Primary School and Nursery, Bishop's Stortford
- 1.4kmAvanti Grange Secondary School
- 1.7kmBirchwood High School
- 1.8kmHockerill Anglo-European College
More reading links
Public Transport Nearby
From 2, Fray Close, Bishop's Stortford, the nearest station is Bishops Stortford, 2.4 kilometres away.
- 2.4kmBishops Stortford
- 2.5kmStansted Mountfitchet
- 5.4kmElsenham (Essex)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
