4, Markwell Place
4, Markwell Place
Description & Estimates
Public records show 4, Markwell Place, Bishop's Stortford to be a modern freehold house with 3,369 ft2 of internal area, sitting on a 892 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
4, Markwell Place, Bishop's Stortford has an estimated sale value of £444,050 and an estimated rental value of £2,053 per month, assuming reasonable condition and based on the information available.
Markwell Place, Bishop's Stortford, CM23 lies in the borough of East Hertfordshire, within the CM23 postal district.
Our Data Sources
4, 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 October 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
In very good condition, we estimate 4, Markwell Place, Bishop's Stortford would be worth £466,252, with a potential rental value of £2,155 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £412,966, with a rental value of £1,909 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Markwell Place, Bishop's Stortford has dropped by £15,596 (3.5%) over the last year. During the same period, its estimated monthly rental value has risen by £44 (2.1%). The property's estimated gross yield is currently 5.5%.
Plot Size
4, Markwell Place, Bishop's Stortford occupies a 892 m2 plot as recorded by HM Land Registry.
All 6 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
4, Markwell Place, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Oct 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
4, Markwell Place, Bishop's Stortford last changed hands on 13th February 2013, selling for £240,000. 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 risen by 26.8% since February 2013.
- Sold Feb 2013£240,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 4, Markwell Place, Bishop's Stortford across the last 2 years.
Most recently, 1, Markwell Place, Bishop's Stortford, CM23 2FQ, a freehold house, sold at £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.
More reading links
Location Comparison
Our analysis of the public data ranks 4, Markwell Place, Bishop's Stortford as the 3rd largest and the 3rd most expensive of the 6 addresses on Markwell Place, Bishop's Stortford, CM23.
Against the CM23 postcode district average, it is £30k less expensive than the typical property.
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
Bishops Stortford station is the nearest stop to 4, Markwell Place, Bishop's Stortford at 1.0 kilometres away.
- 1.0kmBishops Stortford
- 4.7kmStansted Mountfitchet
- 6.4kmSawbridgeworth
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
