3 Mercers Avenue

    3, MERCERS AVENUE, BISHOP'S STORTFORD, CM23 4AG

    This detached freehold property on Mercers Avenue last sold in February 2022 for £535,000. Based on price growth in the CM23 district since then, its estimated current value is £519,229 — placing it in the 80th percentile nationally and the 65th percentile within CM23. The property covers 78 m² (840 sq ft), giving an estimated value of £6,657 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £535,000

    Feb 2022

    Estimated Valuation

    £519,229

    Est. £/sq ft

    £618/sq ft

    £6,657/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateMar 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Feb 2022

    £535,000

    2 Aug 1999

    £145,000

    29 Sept 1995

    New build

    £117,000

    Key Metrics

    Estimated valuation£519,229
    Value per sq ft / m²£618/sq ft (£6,657/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM23 district percentile65th percentile
    National percentile80th 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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