3 Mill Race Drive

    3, MILL RACE DRIVE, TAKELEY, BISHOP'S STORTFORD, CM22 6YS

    This detached freehold property on Mill Race Drive last sold in January 2024 for £525,000. Based on price growth in the CM22 district since then, its estimated current value is £549,958 — placing it in the 83rd percentile nationally and the 57th percentile within CM22. The property covers 75 m² (807 sq ft), giving an estimated value of £7,333 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £525,000

    Jan 2024

    Estimated Valuation

    £549,958

    Est. £/sq ft

    £681/sq ft

    £7,333/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2024
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area807 sq ft (75 m²)
    EPC dateJun 2024
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    31 Jan 2024

    New build

    £525,000

    Key Metrics

    Estimated valuation£549,958
    Value per sq ft / m²£681/sq ft (£7,333/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM22 district percentile57th percentile
    National percentile83rd percentile

    District Context — CM22

    CM22 covers the mid-Essex area, situated north of London and encompassing towns and villages in the region. It is a commuter-oriented district with a mixed suburban and semi-rural character, appealing to families and professionals seeking proximity to the capital.

    Average Property Price - CM22

    £535,125

    84

    National percentile

    Average Net Household Income - CM22

    £49,247

    87

    National percentile

    10-Year Annualised Price Growth - CM22

    1.7%

    7

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM22

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