Our Data Sources
5, Merchant Grove, Bishop's Stortford has a single entry in the Land Registry from April 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
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 5, Merchant Grove, Bishop's Stortford is in very good condition we estimate a sale value of £562,830 and a rental value of £2,300 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £498,506 and a rental value of £2,037 per month.
Energy Efficiency
5, Merchant Grove, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 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
According to HM Land Registry, 5, Merchant Grove, Bishop's Stortford was last sold on 4th April 2022 for £539,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has dropped by 6.2%.
- Sold Apr 2022£539,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 185 sales of properties similar to 5, Merchant Grove, Bishop's Stortford within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 6, Corn Road, Bishop's Stortford, CM23 1FU, a freehold house which sold for £565,000 on the 26th January 2024.
Read more about house prices in CM23.
- Sold Jan 2024£565,000 | 4 Bed House6, Corn Road, Bishop's Stortford, CM23 1FU6, Corn Road, Bishop's Stortford, CM23 1FU
- Sold Nov 2023£520,000 | 4 Bed House9, Corn Road, Bishop's Stortford, CM23 1FU9, Corn Road, Bishop's Stortford, CM23 1FU
- Sold Sep 2022£550,000 | 4 Bed House20, Kitchener Road, Bishop's Stortford, CM23 1EN20, Kitchener Road, Bishop's Stortford, CM23 1EN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Merchant Grove, Bishop's Stortford, CM23 has a total of 10 addresses. According to our analysis of all the public data, 5, Merchant Grove, Bishop's Stortford is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in CM23.
More reading links
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
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
