Our Data Sources
3, Merchant Grove, Bishop's Stortford has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Merchant Grove, Bishop's Stortford would be worth £618,295, with a potential rental value of £2,451 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £547,633, with a rental value of £2,171 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
3, Merchant Grove, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Merchant Grove, Bishop's Stortford last changed hands on 28th March 2022, selling for £620,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 5.3% since March 2022.
- Sold Mar 2022£620,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 171 sales of comparable properties within 1.2 kilometres of 3, Merchant Grove, Bishop's Stortford across the last 2 years.
Most recently, 8, Corn Road, Bishop's Stortford, CM23 1FU, a freehold house, sold at £685,000 on the 20th November 2023.
Read more about house prices in CM23.
- Sold Nov 2023£685,000 | 4 Bed House8, Corn Road, Bishop's Stortford, CM23 1FU8, Corn Road, Bishop's Stortford, CM23 1FU
- Sold Sep 2023£660,000 | 4 Bed House5, Corn Road, Bishop's Stortford, CM23 1FU5, Corn Road, Bishop's Stortford, CM23 1FU
- Sold Aug 2022£605,000 | 4 Bed House16, Kitchener Road, Bishop's Stortford, CM23 1EN16, Kitchener Road, Bishop's Stortford, CM23 1EN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Merchant Grove, Bishop's Stortford as the 2nd largest and the 2nd most expensive of the 10 addresses on Merchant Grove, Bishop's Stortford, CM23.
Against the CM23 postcode district average, it is £109k more expensive than the typical property.
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Schools Nearby
- Avanti Meadows Primary School300 m away
- All Saints Church of England Primary School and Nursery, Bishop's Stortford1.5 km away
- Northgate Primary School1.6 km away
- Avanti Grange Secondary School1.0 km away
- Hockerill Anglo-European College1.8 km away
- Birchwood High School1.8 km away
More reading links
Public Transport Nearby
- Bishops Stortford|2.3 km away
- Stansted Mountfitchet|2.8 km away
- Elsenham (Essex)|5.7 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
