2 Merchant Grove

    2, MERCHANT GROVE, BISHOP'S STORTFORD, CM23 1FS

    This semi-detached freehold property on Merchant Grove last sold in June 2022 for £370,000. Based on price growth in the CM23 district since then, its estimated current value is £371,497 — placing it in the 63rd percentile nationally and the 31st percentile within CM23. The property covers 59 m² (635 sq ft), giving an estimated value of £6,297 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £370,000

    Jun 2022

    Estimated Valuation

    £371,497

    Est. £/sq ft

    £585/sq ft

    £6,297/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area635 sq ft (59 m²)
    EPC dateApr 2022
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jun 2022

    New build

    £370,000

    Key Metrics

    Estimated valuation£371,497
    Value per sq ft / m²£585/sq ft (£6,297/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM23 district percentile31st percentile
    National percentile63rd percentile

    District Context — CM23

    CM23 covers Stansted, Birchanger, and the surrounding parishes in north-west Essex, positioned between Cambridge and London. It is a commuter-oriented area with good transport links, appealing to families and professionals seeking suburban accessibility.

    Average Property Price - CM23

    £476,252

    78

    National percentile

    Average Net Household Income - CM23

    £49,575

    88

    National percentile

    10-Year Annualised Price Growth - CM23

    2.6%

    17

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM23

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