2, Markwell Place
2, Markwell Place
Description & Estimates
According to the public record, 2, Markwell Place, Bishop's Stortford is a modern freehold house with 3,369 ft2 of internal area and sits on a 810 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Markwell Place, Bishop's Stortford is £444,050 and the estimated rental value is £2,053 per month.
Markwell Place, Bishop's Stortford, CM23 is located in the borough of East Hertfordshire within the CM23 postal district.
Our Data Sources
2, Markwell Place, Bishop's Stortford has a single entry in the Land Registry from February 2013 and a single entry in the EPC database dated November 2013.
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.
Price Range & Condition
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, Markwell Place, Bishop's Stortford is in very good condition we estimate a sale value of £466,252 and a rental value of £2,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,966 and a rental value of £1,909 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Markwell Place, Bishop's Stortford has declined by £15,596 (3.5%), while its estimated rental value has climbed by £44 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Plot Size
According to data from HM Land Registry, 2, Markwell Place, Bishop's Stortford sits on a plot of 810 m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, Markwell Place, Bishop's Stortford sits on the 3rd largest plot.
Energy Efficiency
2, Markwell Place, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Markwell Place, Bishop's Stortford was last sold on 13th February 2013 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2013, the market for similar properties has risen by 26.8%.
- Sold Feb 2013£240,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Markwell Place, Bishop's Stortford within a radius of 630 metres over the last 2 years.
The most recent example is 1, Markwell Place, Bishop's Stortford, CM23 2FQ, a freehold house which sold for £340,000 on the 13th September 2013.
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
Markwell Place, Bishop's Stortford, CM23 has a total of 6 addresses. According to our analysis of all the public data, 2, Markwell Place, Bishop's Stortford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in CM23.
More reading links
Schools Nearby
- 300mWindhill21
- 400mSt Michael's Church of England Primary School
- 400mSt Joseph's Catholic Primary School B/S
- 100mSt Mary's Catholic School
- 1.3kmHockerill Anglo-European College
- 1.4kmThe Hertfordshire & Essex High School and Science College
More reading links
Public Transport Nearby
The closest station to 2, Markwell Place, Bishop's Stortford is Bishops Stortford station, which is 1.0 kilometres away.
- 1.0kmBishops Stortford
- 4.7kmStansted Mountfitchet
- 6.4kmSawbridgeworth
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
