Thornfield Road, Bishop's Stortford, CM23

Street Guide For Thornfield Road, Bishop's Stortford, CM23

 
 

Thornfield Road, Bishop's Stortford, CM23 Map

Estimated Price: £748,451
Average Asking Price: £387,132
Price change in last one year: £62,162
Average Price Paid: £464,600
Average Rent Rates: £1,057

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Property Prices Breakdown in Thornfield Road, Bishop's Stortford, CM23

Average Price for property in Thornfield Road, Bishop's Stortford, CM23 is around £748,451 which varies based on type of property you are interested in and ranges from £841,148 for detached house to around £516,707 for semi-detached. Values have been changing and have risen £1,264 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,674 in last 6 months, £62,162 in last 1 year, £82,465 in last 2 years, £107,639 in last 3 years, £93,725 in last 4 years and £100,081 in last 5 years.

Currently average asking price of a property in Thornfield Road, Bishop's Stortford, CM23 is around £387,132 based on approximately 1 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,057 per month.

Estimated property value in Thornfield Road, Bishop's Stortford, CM23 is £748,451. Average asking price is £387,132 while average price paid is £875,000 which is up by £62,162 and Avg. asking rent £1,057.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 Thornfield Road, Bishop's Stortford, CM23 area. In last 1 year alone average price buyer paid is around £875,000 based on approximately 1 sales in Thornfield Road, Bishop's Stortford, CM23 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £536,000. 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 £464,600 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £414,285 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £150,000, £300,312 for a 2 bedroom house, £371,246 for a 3 bedroom house, £549,000 for a 4 bedroom house and £639,499 for a 5 bedroom house. For a flat similarly the prices varies from £138,203 for a single bedroom to £317,279 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £539,998. To sum up the asking prices for properties in Thornfield Road, Bishop's Stortford, CM23 it comes to around average £139,110 for 1 bedroom property, £307,584 for 2 bedroom, £389,996 for 3 bedroom, £549,000 for 4 bedroom and £639,499 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £581 for 1 bedroom to £936 for 2 bedrooms, £1,104 for 3 bedrooms, £1,597 for 4 bedrooms and £1,492 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £708. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £914. You should be generally be expecting around average £648 rent per month for single bedroom property, £921 for 2 bedroom, £1,104 for 3 bedroom, £1,597 for 4 bedroom and approximately £1,492 for a 5 bedroom property in Thornfield Road, Bishop's Stortford, CM23 area.

Popular Houses in Thornfield Road, Bishop's Stortford, CM23

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Thornfield Road, Bishop's Stortford, CM23