Flat 16, Castle Walk Lower Street, Stansted, CM24 8LY is a leasehold flat built between 1996-2002. The property offers approximately 592 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £163,246 , which equates to approximately £276 per square foot. It was last sold on 28 Feb 2013 for £105,000. Since then, the value has increased by £58,246, representing a 55.5% increase, or approximately 4.3% per year.

The current estimated value of £163,246 is:

  • 53.7% lower than the average property price on Lower Street
  • 5.1% lower than the average in the CM24 8LY postcode area
  • and 68.7% lower than the average price for Stansted as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 4 November 2024, the property was recorded as rented.

View sold house prices in CM24 8LY

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
592 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£163,246
Price Per sq ft (estimate)
£276
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 16, Castle Walk Lower Street, Stansted, Uttlesford, Essex, CM24 8LY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Nov 2024.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Jun 2012, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 58.7%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric immersion, standard tariff to electric instantaneous at point of use, with no change in energy efficiency (very poor).
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM24 8LY

4 th / 28
Price Rank
5% lower than average
7 th / 18
Size Rank
9% bigger than average
3 rd / 18
Price Per Sq FT Rank
13% lower than average

Compared to other properties in CM24 8LY , this flat's estimated value ranks 4th out of 28. Based on price per square foot, it ranks 3rd out of 18 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 7th out of 18 properties in its postcode area.

Sale History

Today
£163,246
streetscan.co.uk estimate
+55 %
28 Feb 2013
£105,000
Leasehold
-30 %
13 Apr 2007
£149,999
Leasehold
+21.5 %
16 Oct 2002
£123,500
Leasehold
+14.4 %
12 Dec 2001
£108,000
Leasehold
+53.2 %
27 Aug 1999
£70,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 560 sq ft
sale price: £180,000
sale date: 16 Aug 2024
rooms: 2
size: 581 sq ft
sale price: £130,000
sale date: 1 Aug 2017
rooms: 3
size: 635 sq ft
sale price: £210,500
sale date: 20 Apr 2017
rooms: 3
size: 527 sq ft
sale price: £120,000
sale date: 24 Jan 2014

Data Sources

The property at Flat 16, Castle Walk Lower Street, Stansted, CM24 8LY appears five times in the Land Registry records, with the latest transaction recorded on 28 Feb 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Nov 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.