2 Switchyard House, Bishop's Stortford
2 Switchyard House, Bishop's Stortford
Description & Estimates
2 Switchyard House, Bishop's Stortford is recorded publicly as a modern leasehold apartment across 904 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of 2 Switchyard House, Bishop's Stortford is £329,248 and its rental estimate is £1,493 per month, given the available information and assuming reasonable condition.
Switchyard House, Deltic Close is a residential building on Deltic Close, Bishop's Stortford, CM23 and falls within the CM23 postal district and the borough of East Hertfordshire.
Our Data Sources
2 Switchyard House, Bishop's Stortford has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 Switchyard House, Bishop's Stortford, we estimate a market value of £345,710 and a rental value of £1,568 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £306,200 and £1,389 per month respectively.
Recent Market Change
Over the last year, 2 Switchyard House, Bishop's Stortford has seen its estimated sale value drop by £12,269 (3.7%) and its estimated rental value rise by £37 per month (2.5%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
2 Switchyard House, Bishop's Stortford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 2 Switchyard House, Bishop's Stortford completed on 1st August 2024 at £370,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.5% over the period since August 2024.
- Sold Aug 2024£370,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Switchyard House, Bishop's Stortford have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th September 2024, was 18 Switchyard House, Deltic Close, Bishop's Stortford, CM23 3ZH, a leasehold flat which sold for £375,000.
Read more about house prices in CM23.
- Sold Sep 2024£375,000 | 3 Bed FlatDeltic Close18 Switchyard House, Deltic Close, Bishop's Stortford, CM23 3ZH
- Sold Aug 2024£369,000 | 3 Bed FlatDeltic Close10 Switchyard House, Deltic Close, Bishop's Stortford, CM23 3ZH
- Sold Aug 2024£380,000 | 3 Bed FlatDeltic Close26 Switchyard House, Deltic Close, Bishop's Stortford, CM23 3ZH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 37 addresses on Deltic Close, Bishop's Stortford, CM23, 2 Switchyard House, Bishop's Stortford comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £145k less expensive than the average property across the CM23 district.
More reading links
Schools Nearby
- 600mSt Michael's Church of England Primary School
- 700mThorn Grove Primary School
- 700mWindhill21
- 500mThe Hertfordshire & Essex High School and Science College
- 700mHockerill Anglo-European College
- 900mSt Mary's Catholic School
More reading links
Public Transport Nearby
From 2 Switchyard House, Bishop's Stortford, the nearest station is Bishops Stortford, 100 metres away.
- 100mBishops Stortford
- 4.6kmStansted Mountfitchet
- 5.7kmSawbridgeworth
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
