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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Orchid Place, Stansted is £358,436 and its rental estimate is £1,554 per month, given the available information and assuming reasonable condition.
Orchid Place, Stansted, CM24 falls within the CM24 postal district, in the borough of Uttlesford.
5, Orchid Place, Stansted has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated November 2019.
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, Orchid Place, Stansted, we estimate a market value of £376,357 and a rental value of £1,632 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £333,345 and £1,446 per month respectively.
Over the last year, 5, Orchid Place, Stansted has seen its estimated sale value decrease by £7,896 (2.2%) and its estimated rental value grow by £47 per month (3.0%). This results in an estimated gross rental yield of 5.2%.
5, Orchid Place, Stansted has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2019.
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, Orchid Place, Stansted completed on 20th December 2019 at £332,950 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 0.8% over the period since December 2019.
Over the past 2 years 3 properties similar to 5, Orchid Place, Stansted have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 11, Bugle Close, Stansted, CM24 8XU, a leasehold house which sold for £360,000.
Read more about house prices in CM24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 13 addresses on Orchid Place, Stansted, CM24, 5, Orchid Place, Stansted comes out as the 9th largest and the 4th most expensive in our analysis of the public data.
It is also £91k less expensive than the average property across the CM24 district.
From 5, Orchid Place, Stansted, the nearest station is Stansted Mountfitchet, 1.3 kilometres 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, Orchid Place, Stansted, 47.9% of property is privately owned with a mortgage and 31.5% is privately owned outright.
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, Orchid Place, Stansted, 20.7% of residents are recorded as possessing school level qualifications and 36.8% 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, Orchid 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, Orchid Place, Stansted, 0.5% 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, Orchid 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.