Average Price for property in Bishop's Stortford is around £401,970 which varies based on type of property you are interested in and ranges from £561,664 for detached house to around £350,681 for semi-detached. Similarly terraced house is around £273,825 and a flat is worth £206,934. Values have been changing and have risen £3,616 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,576 in last 6 months, £36,526 in last 1 year, £57,037 in last 2 years, £64,407 in last 3 years, £55,289 in last 4 years and £63,247 in last 5 years.
Currently average asking price of a property in Bishop's Stortford is around £530,927 based on approximately 798 properties for sale. Same is the case with rental options based on 63 properties up for rent, average asking rent is around £1,064 per month.
Estimated property value in Bishop's Stortford is £401,970. Average asking price is £530,927 while average price paid is £344,053 which is up by £36,526 and Avg. asking rent £1,064.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bishop's Stortford area. In last 1 year alone average price buyer paid is around £344,053 based on approximately 798 sales in Bishop's Stortford area alone. If you compare it to last 3 years sales of 2,490 properties where buyers paid around £320,733. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £317,772 for 4,001 and average amount paid for purchase of approx. 5,430 properties sold in last 7 years comes to about £308,930 per sale.