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By comparing it to neighbours, we estimate that it is a modern house with 2,960 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Grange Place, Stansted is £1,392,271 and the estimated rental value is £3,881 per month.
Grange Place, Stansted, CM24 is located in the borough of Uttlesford within the CM24 postal district.
2, Grange Place, Stansted has a single entry in the Land Registry from June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Grange Place, Stansted is in very good condition we estimate a sale value of £1,461,884 and a rental value of £4,075 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,294,812 and a rental value of £3,609 per month.
Over the last 12 months the sale value of 2 Grange Place Stansted has decreased by an estimated £44,823 (3.2%) and its rental value has increased by an estimated £86 per month (2.2%), giving an expected gross yield of 3.3%.
According to HM Land Registry, 2, Grange Place, Stansted was last sold on 30th June 2021 for £1,300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Grange Place, Stansted within a radius of 870 metres over the last 2 years.
The most recent example is 4, Grange Place, Stansted, CM24 8YG, a freehold house which sold for £1,650,000 on the 27th May 2022.
Read more about house prices in CM24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grange Place, Stansted, CM24 has a total of 6 addresses. According to our analysis of all the public data, 2, Grange Place, Stansted is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £943k more expensive than the average property in CM24.
The closest station to 2, Grange Place, Stansted is Stansted Mountfitchet station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Grange Place, Stansted, 52.0% of property is privately owned outright and 33.3% 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 2, Grange Place, Stansted, 13.7% of residents are recorded as possessing school level qualifications and 34.8% 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 2, Grange Place, Stansted, the average age was 41.2 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 2, Grange Place, Stansted, 2.1% 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 2, Grange Place, Stansted, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.