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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
5, Grange Place, Stansted is recorded publicly as a modern freehold house across 3,207 ft2 of internal area, sitting on a 1,831 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 5, Grange Place, Stansted is £1,586,685 and its rental estimate is £4,423 per month, given the available information and assuming reasonable condition.
Grange Place, Stansted, CM24 falls within the CM24 postal district, in the borough of Uttlesford.
5, Grange Place, Stansted has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated March 2022.
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.
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 5, Grange Place, Stansted, we estimate a market value of £1,666,020 and a rental value of £4,644 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,475,617 and £4,113 per month respectively.
Over the last year, 5, Grange Place, Stansted has seen its estimated sale value decrease by £51,082 (3.2%) and its estimated rental value grow by £98 per month (2.2%). This results in an estimated gross rental yield of 3.3%.
HM Land Registry records the plot of land for 5, Grange Place, Stansted as measuring 1,831 m2.
That makes it the largest plot in the postcode, where 3 of the 6 other houses have recorded plot data.
5, Grange Place, Stansted has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 5, Grange Place, Stansted completed on 13th May 2021 at £750,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 16.2% over the period since May 2021.
Over the past 2 years 3 properties similar to 5, Grange Place, Stansted have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th May 2022, was 4, Grange Place, Stansted, CM24 8YG, a freehold house which sold for £1,650,000.
Read more about house prices in CM24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Grange Place, Stansted, CM24, 5, Grange Place, Stansted comes out as the largest and the most expensive in our analysis of the public data.
It is also £1.137m more expensive than the average property across the CM24 district.
From 5, Grange Place, Stansted, the nearest station is Stansted Mountfitchet, 600 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Grange Place, Stansted, 52.0% of property is privately owned outright and 33.3% 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 5, Grange Place, Stansted, 13.7% of residents are recorded as possessing school level qualifications and 34.8% 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 5, Grange Place, Stansted, the average age was 41.2 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 5, Grange Place, Stansted, 2.1% 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 5, Grange Place, Stansted, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
