2 Spring Place

    2, SPRING PLACE, BISHOP'S STORTFORD, CM23 2FT

    This detached freehold property on Spring Place last sold in April 2015 for £650,000. Based on price growth in the CM23 district since then, its estimated current value is £753,066 — placing it in the 92nd percentile nationally and the 89th percentile within CM23. The property covers 375 m² (4,037 sq ft), giving an estimated value of £2,008 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    4,036 sq ft

    375 m²

    Last Sale Price

    £650,000

    Apr 2015

    Estimated Valuation

    £753,066

    Est. £/sq ft

    £187/sq ft

    £2,008/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area4,036 sq ft (375 m²)
    EPC dateJun 2016
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    9 Apr 2015

    New build

    £650,000

    Key Metrics

    Estimated valuation£753,066
    Value per sq ft / m²£187/sq ft (£2,008/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM23 district percentile89th percentile
    National percentile92nd 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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