8, Cole Way
8, Cole Way
Description & Estimates
Public records show 8, Cole Way, Bishop's Stortford to be a modern freehold house with 527 ft2 of internal area, sitting on a 95.3 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
8, Cole Way, Bishop's Stortford has an estimated sale value of £300,356 and an estimated rental value of £1,363 per month, assuming reasonable condition and based on the information available.
Cole Way, Bishop's Stortford, CM23 lies in the borough of East Hertfordshire, within the CM23 postal district.
Our Data Sources
8, Cole Way, Bishop's Stortford has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that 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
In very good condition, we estimate 8, Cole Way, Bishop's Stortford would be worth £315,374, with a potential rental value of £1,431 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £279,331, with a rental value of £1,267 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Cole Way, Bishop's Stortford has moved down by £8,787 (2.9%) over the last year. During the same period, its estimated monthly rental value has increased by £43 (3.1%). The property's estimated gross yield is currently 5.4%.
Plot Size
8, Cole Way, Bishop's Stortford occupies a 95 m2 plot as recorded by HM Land Registry.
Of the 31 other houses in this postcode, 26 have recorded plot sizes, and this one ranks as the 25th largest.
Energy Efficiency
8, 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.
Sold Prices
8, Cole Way, Bishop's Stortford last changed hands on 3rd March 2021, selling for £305,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 2.7% since March 2021.
- Sold Mar 2021£305,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 880 metres of 8, Cole Way, Bishop's Stortford across the last 2 years.
Most recently, 6, Cole Way, Bishop's Stortford, CM23 2YE, a freehold house, sold at £310,000 on the 22nd March 2021.
Read more about house prices in CM23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Cole Way, Bishop's Stortford as the 30th largest and the 30th most expensive of the 31 addresses on Cole Way, Bishop's Stortford, CM23.
Against the CM23 postcode district average, it is £174k less expensive than the typical property.
More reading links
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
More reading links
Public Transport Nearby
Bishops Stortford station is the nearest stop to 8, Cole Way, Bishop's Stortford at 2.1 kilometres away.
- 2.1kmBishops Stortford
- 4.5kmStansted Mountfitchet
- 7.3kmElsenham (Essex)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
