Rectory Lane - CM23 1HU
Key Postcode Insights
CM23 1HU is a residential postcode situated on Rectory Lane, Farnham, Bishop's Stortford, CM23 with 21 addresses.
It ranks as the 690th largest and 412th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £490,125
- 10 Year change
- up 14.2%
- Ave. Rental Price
- £1,833pcm
- 10 Year change
- up 50.5%
- Ave. £ per ft²
- £498/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
CM23 1HU is a residential postcode situated on Rectory Lane, Farnham, Bishop's Stortford, CM23 with 21 addresses.
It ranks as the 690th largest and 412th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £490,125
- 10 Year change
- up 14.2%
- Ave. Rental Price
- £1,833pcm
- 10 Year change
- up 50.5%
- Ave. £ per ft²
- £498/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin CM23 1HU
- 4 Rectory Lane
3 Bed Early-century House
- 6 Rectory Lane
3 Bed Early-century House
- 8 Rectory Lane
Unknown
- 10 Rectory Lane
3 Bed Early-century House
- 12 Rectory Lane
Unknown
Sales Market Trends
The last sale in CM23 1HU sold for £725,000 on 26th September 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £490,125.
The CM23 1HU Sales Market has increased by 14.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £490,125 |
| June 2025 | 1.2% | £503,330 |
| June 2024 | -1.9% | £497,175 |
| June 2023 | -2.7% | £506,982 |
| June 2022 | 8.5% | £520,822 |
| June 2021 | 6.4% | £480,137 |
| June 2020 | 4.1% | £451,290 |
| June 2019 | -3.1% | £433,415 |
| June 2018 | 0.6% | £447,203 |
| June 2017 | 3.6% | £444,659 |
| June 2016 | 9.9% | £429,045 |
| June 2015 | 12.5% | £390,376 |
| June 2014 | 10.5% | £347,122 |
| June 2013 | -0.6% | £314,027 |
| June 2012 | 5.1% | £315,829 |
| June 2011 | 0.7% | £300,429 |
| June 2010 | 12.2% | £298,214 |
| June 2009 | -10.3% | £265,774 |
| June 2008 | -1.3% | £296,444 |
| June 2007 | 0% | £300,252 |
Rental Market Trends
The current average rental value in the postcode is £1,833.
The CM23 1HU Rental Market has increased by 50.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,833pcm |
| June 2025 | 7.8% | £1,775pcm |
| June 2024 | 5.2% | £1,646pcm |
| June 2023 | 7% | £1,564pcm |
| June 2022 | 7.8% | £1,461pcm |
| June 2021 | 6.8% | £1,355pcm |
| June 2020 | 1.4% | £1,269pcm |
| June 2019 | 0.2% | £1,251pcm |
| June 2018 | 0.4% | £1,249pcm |
| June 2017 | 2.2% | £1,244pcm |
| June 2016 | 3.1% | £1,218pcm |
| June 2015 | 8.4% | £1,181pcm |
| June 2014 | 5.3% | £1,089pcm |
| June 2013 | 0.6% | £1,035pcm |
| June 2012 | 3.3% | £1,029pcm |
| June 2011 | 5.8% | £996pcm |
| June 2010 | 6.1% | £942pcm |
| June 2009 | -5.5% | £887pcm |
| June 2008 | 3.9% | £939pcm |
| June 2007 | 0% | £903pcm |
Sales History
The last sale was on 26th September 2025 for £725,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 24 sales since 1995.
CM23 1HU has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£725,000 | 5 Bed House18, Rectory Lane, Bishop's Stortford, CM23 1HU18, Rectory Lane, Bishop's Stortford, CM23 1HU
- Sold Apr 2024£735,000 | 5 Bed House28, Rectory Lane, Bishop's Stortford, CM23 1HU28, Rectory Lane, Bishop's Stortford, CM23 1HU
- Sold Jun 2021£650,000 | 5 Bed House16, Rectory Lane, Bishop's Stortford, CM23 1HU16, Rectory Lane, Bishop's Stortford, CM23 1HU
- Sold Jan 2021£744,000 | 5 Bed House30, Rectory Lane, Bishop's Stortford, CM23 1HU30, Rectory Lane, Bishop's Stortford, CM23 1HU
- Sold Jul 2015£625,000 | 5 Bed House30, Rectory Lane, Bishop's Stortford, CM23 1HU30, Rectory Lane, Bishop's Stortford, CM23 1HU
Nearby Postcodes
CM23 1HU is the 690th largest and the 412th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 1HW, Rectory Drive, Farnham, Bishop's Stortford, CM23CM23 1HW5 Addresses|65 m away
- CM23 1HT, Rectory Lane, Farnham, Bishop's Stortford, CM23CM23 1HT19 Addresses|90 m away
- CM23 1HS, Globe Crescent, Farnham, Bishop's Stortford, CM23CM23 1HS14 Addresses|163 m away
- CM23 1HX, Thrimley Lane, Farnham, Bishop's Stortford, CM23CM23 1HX21 Addresses|214 m away
- CM23 1HR, Farnham Road, Farnham, Bishop's Stortford, CM23CM23 1HR4 Addresses|233 m away
Property Types
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 13 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- modern house (2)
- mid-century house (1)
- early-century house (13)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is E.
- A (0)
- E (8)
- B (0)
- F (1)
- C (3)
- G (0)
- D (4)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Jan 2021£744,000 | 5 Bed House30, Rectory Lane, Bishop's Stortford, CM23 1HU30, Rectory Lane, Bishop's Stortford, CM23 1HU
- Sold Apr 2024£735,000 | 5 Bed House28, Rectory Lane, Bishop's Stortford, CM23 1HU28, Rectory Lane, Bishop's Stortford, CM23 1HU
- Sold Sep 2025£725,000 | 5 Bed House18, Rectory Lane, Bishop's Stortford, CM23 1HU18, Rectory Lane, Bishop's Stortford, CM23 1HU
Schools Nearby
- Farnham Church of England Primary School200 m away
- Avanti Meadows Primary School2.0 km away
- Manuden Primary School2.3 km away
- Avanti Grange Secondary School2.0 km away
- St Mary's Catholic School3.6 km away
- Hockerill Anglo-European College4.0 km away
More reading links
Public Transport Nearby
The closest station to CM23 1HU is Stansted Mountfitchet station, which is 3.8 kilometres away.
- Stansted Mountfitchet|3.8 km away
- Bishops Stortford|4.2 km away
- Elsenham (Essex)|6.1 km away
- Stansted Airport|8.2 km away
