6, Cole Way
6, Cole Way
Description & Estimates
6, Cole Way, Bishop's Stortford is described in the public record as a modern house with 527 ft2 of internal area, sitting on a 108 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 6, Cole Way, Bishop's Stortford is £300,356 and its rental estimate is £1,363 per month, given the available information and assuming reasonable condition.
Cole Way, Bishop's Stortford, CM23 falls within the CM23 postal district, in the borough of East Hertfordshire.
Our Data Sources
6, Cole Way, Bishop's Stortford has no records in the the Land Registry and a single entry in the EPC database dated February 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 6, Cole Way, Bishop's Stortford, we estimate a market value of £315,374 and a rental value of £1,431 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £279,331 and £1,267 per month respectively.
Recent Market Change
Over the last year, 6, Cole Way, Bishop's Stortford has seen its estimated sale value drop by £8,787 (2.9%) and its estimated rental value rise by £43 per month (3.1%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 6, Cole Way, Bishop's Stortford as measuring 108 m2.
That makes it the 22nd largest plot in the postcode, where 26 of the 31 other houses have recorded plot data.
Energy Efficiency
6, Cole Way, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Cole Way, Bishop's Stortford have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd March 2021, was 12, Cole Way, Bishop's Stortford, CM23 2YE, a freehold house which sold for £308,000.
Read more about house prices in CM23.
- Sold Mar 2021£308,000 | 2 Bed House12, Cole Way, Bishop's Stortford, CM23 2YE12, Cole Way, Bishop's Stortford, CM23 2YE
- Sold Mar 2021£308,000 | 2 Bed House10, Cole Way, Bishop's Stortford, CM23 2YE10, Cole Way, Bishop's Stortford, CM23 2YE
- Sold Mar 2021£305,000 | 2 Bed House8, Cole Way, Bishop's Stortford, CM23 2YE8, Cole Way, Bishop's Stortford, CM23 2YE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 31 addresses on Cole Way, Bishop's Stortford, CM23, 6, Cole Way, Bishop's Stortford comes out as the 31st largest and the 31st most expensive in our analysis of the public data.
It is also £174k less expensive than the average property across the CM23 district.
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Schools Nearby
- 300mAvanti Brook Primary School
- 600mNorthgate Primary School
- 1.2kmHillmead Primary School
- 700mAvanti Grange Secondary School
- 1.3kmSt Mary's Catholic School
- 2.1kmHockerill Anglo-European College
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Public Transport Nearby
From 6, Cole Way, Bishop's Stortford, the nearest station is Bishops Stortford, 2.1 kilometres away.
- 2.1kmBishops Stortford
- 4.5kmStansted Mountfitchet
- 7.3kmElsenham (Essex)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
