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Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Spring Place, Bishop's Stortford is a modern freehold house with 4,036 ft2 of internal area and sits on a 1,118 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, Spring Place, Bishop's Stortford is £1,658,133 and the estimated rental value is £5,119 per month.
Spring Place, Bishop's Stortford, CM23 is located in the borough of East Hertfordshire within the CM23 postal district.
2, Spring Place, Bishop's Stortford has a single entry in the Land Registry from April 2015 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Spring Place, Bishop's Stortford is in very good condition we estimate a sale value of £1,741,040 and a rental value of £5,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,542,064 and a rental value of £4,760 per month.
Over the last 12 months the sale value of 2 Spring Place Bishop's Stortford has decreased by an estimated £56,350 (3.4%) and its rental value has increased by an estimated £85 per month (1.7%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Spring Place, Bishop's Stortford sits on a plot of 1118m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Spring Place, Bishop's Stortford sits on the 2nd largest plot.
2, Spring Place, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jun 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 2, Spring Place, Bishop's Stortford was last sold on 9th April 2015 for £650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2015, the market for similar properties has risen 37.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spring Place, Bishop's Stortford within a radius of 780 metres over the last 2 years.
The most recent example is 3, Spring Place, Bishop's Stortford, CM23 2FT, a freehold house which sold for £1,950,000 on the 9th August 2022.
Read more about house prices in CM23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Place, Bishop's Stortford, CM23 has a total of 3 addresses. According to our analysis of all the public data, 2, Spring 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 £1.184m more expensive than the average property in CM23.
The closest station to 2, Spring Place, Bishop's Stortford is Bishops Stortford station which is 1.6 kilometres 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, Spring Place, 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 2, Spring Place, 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 2, Spring Place, 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 2, Spring Place, 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 2, Spring Place, 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.
