Butt Lane - CM23 1BL
Key Postcode Insights
CM23 1BL is a residential postcode situated on Butt Lane, Manuden, Bishop's Stortford, CM23 with 1 addresses.
It ranks as the largest and 980th most expensive of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £849,114
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £2,766pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £502/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
CM23 1BL is a residential postcode situated on Butt Lane, Manuden, Bishop's Stortford, CM23 with 1 addresses.
It ranks as the largest and 980th most expensive of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £849,114
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £2,766pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £502/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Sales Market Trends
The last sale in CM23 1BL sold for £375,000 on 16th June 2006. Since then prices are down an average of 0.0%.
The current average value in the postcode is £849,114.
The CM23 1BL Sales Market has increased by 13.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £849,114 |
| June 2025 | 0.9% | £876,608 |
| June 2024 | -2.3% | £869,143 |
| June 2023 | -2.2% | £889,677 |
| June 2022 | 8.1% | £909,290 |
| June 2021 | 7.3% | £841,517 |
| June 2020 | 4.1% | £784,620 |
| June 2019 | -2.8% | £753,844 |
| June 2018 | 0.8% | £775,709 |
| June 2017 | 2.9% | £769,645 |
| June 2016 | 8.6% | £747,868 |
| June 2015 | 10.9% | £688,609 |
| June 2014 | 9.2% | £620,837 |
| June 2013 | -1.6% | £568,291 |
| June 2012 | 5.3% | £577,643 |
| June 2011 | 1.7% | £548,687 |
| June 2010 | 14.2% | £539,740 |
| June 2009 | -8.6% | £472,713 |
| June 2008 | -2.1% | £517,244 |
| June 2007 | 0% | £528,292 |
Rental Market Trends
The current average rental value in the postcode is £2,766.
The CM23 1BL Rental Market has increased by 49.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £2,766pcm |
| June 2025 | 7.4% | £2,693pcm |
| June 2024 | 4.8% | £2,506pcm |
| June 2023 | 7.6% | £2,391pcm |
| June 2022 | 7.4% | £2,222pcm |
| June 2021 | 7.7% | £2,069pcm |
| June 2020 | 1.4% | £1,922pcm |
| June 2019 | 0.5% | £1,896pcm |
| June 2018 | 0.6% | £1,887pcm |
| June 2017 | 1.5% | £1,876pcm |
| June 2016 | 1.9% | £1,849pcm |
| June 2015 | 6.9% | £1,815pcm |
| June 2014 | 4% | £1,698pcm |
| June 2013 | -0.4% | £1,632pcm |
| June 2012 | 3.5% | £1,639pcm |
| June 2011 | 6.7% | £1,585pcm |
| June 2010 | 8% | £1,485pcm |
| June 2009 | -3.7% | £1,375pcm |
| June 2008 | 3.1% | £1,427pcm |
| June 2007 | 0% | £1,385pcm |
Sales History
The last sale was on 16th June 2006 for £375,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
CM23 1BL has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
CM23 1BL is the largest and the 980th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 1BZ, Butt Lane, Manuden, Bishop's Stortford, CM23CM23 1BZ2 Addresses|19 m away
- CM23 1DL, Butt Lane, Manuden, Bishop's Stortford, CM23CM23 1DL20 Addresses|144 m away
- CM23 1DR, Stewarts Way, Manuden, Bishop's Stortford, CM23CM23 1DR35 Addresses|166 m away
- CM23 1DP, Mailers Lane, Manuden, Bishop's Stortford, CM23CM23 1DP29 Addresses|270 m away
- CM23 1DT, The Street, Manuden, Bishop's Stortford, CM23CM23 1DT7 Addresses|280 m away
Property Types
- 1 other address of unknown type
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jun 2021£905,000 | 5 Bed House26, Butt Lane, Bishop's Stortford, CM23 1DL26, Butt Lane, Bishop's Stortford, CM23 1DL
- Sold Dec 2010£706,250 | 5 Bed HouseClockhouse, Butt Lane, Bishop's Stortford, CM23 1BNClockhouse, Butt Lane, Bishop's Stortford, CM23 1BN
- Sold Mar 2006£650,000 | 5 Bed House26, Butt Lane, Bishop's Stortford, CM23 1DL26, Butt Lane, Bishop's Stortford, CM23 1DL
Schools Nearby
- Manuden Primary School800 m away
- Farnham Church of England Primary School2.2 km away
- Bentfield Primary School and Nursery2.8 km away
- Avanti Grange Secondary School4.0 km away
- Forest Hall School4.6 km away
- Birchwood High School5.4 km away
More reading links
Public Transport Nearby
The closest station to CM23 1BL is Stansted Mountfitchet station, which is 3.6 kilometres away.
- Stansted Mountfitchet|3.6 km away
- Elsenham (Essex)|4.8 km away
- Bishops Stortford|6.0 km away
- Newport (Essex)|7.7 km away
