3, The Grove
3, The Grove
Description & Estimates
According to the public record, 3, The Grove, Bishop's Stortford is a modern freehold house with 5,155 ft2 of internal area and sits on a 1,504 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 3, The Grove, Bishop's Stortford is £2,139,098 and the estimated rental value is £6,526 per month.
The Grove, Bishop's Stortford, CM23 is located in the borough of East Hertfordshire within the CM23 postal district.
Our Data Sources
3, The Grove, Bishop's Stortford has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated March 2015.
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.
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 3, The Grove, Bishop's Stortford is in very good condition we estimate a sale value of £2,246,052 and a rental value of £6,852 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,989,361 and a rental value of £6,069 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, The Grove, Bishop's Stortford has moved down by £75,129 (3.5%), while its estimated rental value has increased by £140 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 3.7%.
Plot Size
According to data from HM Land Registry, 3, The Grove, Bishop's Stortford sits on a plot of 1,504 m2.
We have plot size data on 4 out of 4 other houses in the postcode and 3, The Grove, Bishop's Stortford sits on the 3rd largest plot.
Energy Efficiency
3, The Grove, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 3, The Grove, Bishop's Stortford was last sold on 30th September 2015 for £1,850,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2015, the market for similar properties has risen by 7.6%.
- Sold Sep 2015£1,850,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, The Grove, Bishop's Stortford within a radius of 900 metres over the last 2 years.
The most recent example is 28, Chantry Road, Bishop's Stortford, CM23 2SF, a freehold house which sold for £1,595,000 on the 29th June 2021.
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
The Grove, Bishop's Stortford, CM23 has a total of 4 addresses. According to our analysis of all the public data, 3, The Grove, Bishop's Stortford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £1.665m more expensive than the average property in CM23.
More reading links
Schools Nearby
- 700mNorthgate Primary School
- 900mAvanti Meadows Primary School
- 1.1kmAvanti Brook Primary School
- 600mAvanti Grange Secondary School
- 1.2kmSt Mary's Catholic School
- 1.5kmHockerill Anglo-European College
More reading links
Public Transport Nearby
The closest station to 3, The Grove, Bishop's Stortford is Bishops Stortford station, which is 1.7 kilometres away.
- 1.7kmBishops Stortford
- 3.7kmStansted Mountfitchet
- 6.6kmElsenham (Essex)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
