5 Richmond Close

    5, RICHMOND CLOSE, BISHOP'S STORTFORD, CM23 4PG

    This detached freehold property on Richmond Close last sold in September 2023 for £488,000. Based on price growth in the CM23 district since then, its estimated current value is £463,307 — placing it in the 75th percentile nationally and the 53rd percentile within CM23. The property covers 77 m² (829 sq ft), giving an estimated value of £6,017 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £488,000

    Sept 2023

    Estimated Valuation

    £463,307

    Est. £/sq ft

    £559/sq ft

    £6,017/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateJun 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Sept 2023

    £488,000

    6 Jul 2006

    £244,000

    23 Jan 2003

    £229,995

    Key Metrics

    Estimated valuation£463,307
    Value per sq ft / m²£559/sq ft (£6,017/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM23 district percentile53rd percentile
    National percentile75th 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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