7, Forest Gate
7, Forest Gate
Description & Estimates
7, Forest Gate, Bishop's Stortford is recorded publicly as a modern freehold house across 1,410 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Forest Gate, Bishop's Stortford is £621,309 and its rental estimate is £2,144 per month, given the available information and assuming reasonable condition.
Forest Gate, Takeley, Bishop's Stortford, CM22 falls within the CM22 postal district, in the borough of Uttlesford.
Our Data Sources
7, Forest Gate, Bishop's Stortford has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated November 2023.
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
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 7, Forest Gate, Bishop's Stortford, we estimate a market value of £652,375 and a rental value of £2,251 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £577,817 and £1,994 per month respectively.
Recent Market Change
Over the last year, 7, Forest Gate, Bishop's Stortford has seen its estimated sale value decline by £17,549 (2.8%) and its estimated rental value climb by £57 per month (2.7%). This results in an estimated gross rental yield of 4.1%.
Energy Efficiency
7, Forest Gate, Bishop's Stortford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 7, Forest Gate, Bishop's Stortford completed on 22nd March 2024 at £646,000 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 2.4% over the period since March 2024.
- Sold Mar 2024£646,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Forest Gate, Bishop's Stortford have sold within a radius of 3.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th January 2024, was 6, Forest Gate, Bishop's Stortford, CM22 6YR, a freehold house which sold for £635,000.
Read more about house prices in CM22.
- Sold Jan 2024£635,000 | 4 Bed House6, Forest Gate, Bishop's Stortford, CM22 6YR6, Forest Gate, Bishop's Stortford, CM22 6YR
- Sold Dec 2023£560,000 | 4 Bed House5, Forest Gate, Bishop's Stortford, CM22 6YR5, Forest Gate, Bishop's Stortford, CM22 6YR
- Sold Jun 2023£525,000 | 4 Bed House4, Forest Gate, Bishop's Stortford, CM22 6YR4, Forest Gate, Bishop's Stortford, CM22 6YR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on Forest Gate, Takeley, Bishop's Stortford, CM22, 7, Forest Gate, Bishop's Stortford comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £89k more expensive than the average property across the CM22 district.
More reading links
Schools Nearby
- 2.6kmRoseacres Primary School
- 3.4kmBirchanger Church of England Voluntary Controlled Primary School
- 3.4kmTakeley Primary School
- 3.3kmForest Hall School
- 3.5kmBirchwood High School
- 4.2kmHockerill Anglo-European College
More reading links
Public Transport Nearby
From 7, Forest Gate, Bishop's Stortford, the nearest station is Stansted Airport, 2.9 kilometres away.
- 2.9kmStansted Airport
- 4.2kmStansted Mountfitchet
- 4.6kmBishops Stortford
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
