CM23 2BG is a residential postcode situated on Cannons Close, Bishop's Stortford, CM23 with 32 addresses.
It ranks as the 883rd largest and 600th most expensive of the 1,085 postcodes in the CM23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 32 properties: 32 houses.
CM23 2BG is a residential postcode situated on Cannons Close, Bishop's Stortford, CM23 with 32 addresses.
It ranks as the 883rd largest and 600th most expensive of the 1,085 postcodes in the CM23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 32 properties: 32 houses.
Sale prices range from £376,333 for 2 bedroom freehold houses with a garden (667 ft2) to £713,366 for 4 bedroom freehold houses with a garden (1,517 ft2) .
Monthly rental prices range from £1,468 pcm for 2 bed houses to £2,206 pcm for 4 bed houses.
The gross rental yield is between 3.6% and 5.0%.
The average value per square foot is £479.
The last sale in CM23 2BG sold for £437,500 on 9th February 2026. Since then prices are down an average of 0.5%.
The current average value in the postcode is £507,091.
The CM23 2BG Sales Market has increased by 17.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.8% | £507,091 |
| April 2025 | 1.4% | £521,726 |
| April 2024 | -3.6% | £514,443 |
| April 2023 | 1.4% | £533,696 |
| April 2022 | 7.8% | £526,215 |
| April 2021 | 6.2% | £488,242 |
| April 2020 | 0.7% | £459,628 |
| April 2019 | -1.1% | £456,273 |
| April 2018 | 2.9% | £461,210 |
| April 2017 | 3.9% | £448,322 |
| April 2016 | 10.9% | £431,612 |
| April 2015 | 13.9% | £389,145 |
| April 2014 | 9% | £341,537 |
| April 2013 | 5.6% | £313,450 |
| April 2012 | 2% | £296,859 |
| April 2011 | 1.7% | £290,945 |
| April 2010 | 10.6% | £286,012 |
| April 2009 | -16.3% | £258,676 |
| April 2008 | 4.6% | £309,060 |
| April 2007 | 0% | £295,565 |
The current average rental value in the postcode is £1,870.
The CM23 2BG Rental Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,870pcm |
| April 2025 | 7% | £1,825pcm |
| April 2024 | 7% | £1,706pcm |
| April 2023 | 6.5% | £1,594pcm |
| April 2022 | 7% | £1,496pcm |
| April 2021 | 2.6% | £1,399pcm |
| April 2020 | 2.4% | £1,363pcm |
| April 2019 | 1.1% | £1,332pcm |
| April 2018 | 0.2% | £1,318pcm |
| April 2017 | 4.1% | £1,315pcm |
| April 2016 | 4.3% | £1,264pcm |
| April 2015 | 8.7% | £1,212pcm |
| April 2014 | 3.7% | £1,115pcm |
| April 2013 | 4.6% | £1,075pcm |
| April 2012 | 3.5% | £1,028pcm |
| April 2011 | 4.7% | £994pcm |
| April 2010 | 3.7% | £949pcm |
| April 2009 | -6.5% | £915pcm |
| April 2008 | 5.6% | £979pcm |
| April 2007 | 0% | £927pcm |
The last sale was on 9th February 2026 for £437,500 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 41 sales since 1995.
CM23 2BG has seen 2 sales in the last three years and 1 sale in the last twelve months.
CM23 2BG is the 883rd largest and the 600th most expensive postcode out of the 1,085 postcodes in the CM23 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around CM23 2BG, 59.5% of property is privately owned outright and 26.0% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CM23 2BG, 14.2% of residents are recorded as possessing school level qualifications and 33.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CM23 2BG, the average age was 40.7 and the most common age was 27.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CM23 2BG, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CM23 2BG, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.