The Causeway - CM23 2EL
Key Postcode Insights
CM23 2EL is a residential postcode situated on The Causeway, Bishop's Stortford, CM23 with 1 addresses.
It ranks as the 7th largest and 427th most expensive of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £419,393
- 10 Year change
- up 16.1%
- Ave. Rental Price
- £1,761pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £557/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
CM23 2EL is a residential postcode situated on The Causeway, Bishop's Stortford, CM23 with 1 addresses.
It ranks as the 7th largest and 427th most expensive of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £419,393
- 10 Year change
- up 16.1%
- Ave. Rental Price
- £1,761pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £557/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Sales Market Trends
The current average value in the postcode is £419,393.
The CM23 2EL Sales Market has increased by 16.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £419,393 |
| June 2025 | 2.3% | £430,129 |
| June 2024 | -3.7% | £420,259 |
| June 2023 | 0% | £436,620 |
| June 2022 | 8.2% | £436,710 |
| June 2021 | 6.5% | £403,612 |
| June 2020 | 1.3% | £378,866 |
| June 2019 | -1.4% | £373,896 |
| June 2018 | 1.9% | £379,061 |
| June 2017 | 3% | £372,004 |
| June 2016 | 11.9% | £361,328 |
| June 2015 | 12.9% | £322,992 |
| June 2014 | 11% | £286,182 |
| June 2013 | 2.3% | £257,775 |
| June 2012 | 1.9% | £252,095 |
| June 2011 | 2.1% | £247,460 |
| June 2010 | 12.5% | £242,376 |
| June 2009 | -12.9% | £215,483 |
| June 2008 | -0.2% | £247,256 |
| June 2007 | 0% | £247,776 |
Rental Market Trends
The current average rental value in the postcode is £1,761.
The CM23 2EL Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,761pcm |
| June 2025 | 6.8% | £1,704pcm |
| June 2024 | 7.5% | £1,596pcm |
| June 2023 | 5.4% | £1,484pcm |
| June 2022 | 7.3% | £1,408pcm |
| June 2021 | 3.1% | £1,312pcm |
| June 2020 | 3.3% | £1,272pcm |
| June 2019 | 0.8% | £1,232pcm |
| June 2018 | 0.3% | £1,223pcm |
| June 2017 | 3.3% | £1,219pcm |
| June 2016 | 4.9% | £1,179pcm |
| June 2015 | 8.7% | £1,124pcm |
| June 2014 | 3.5% | £1,033pcm |
| June 2013 | 2.7% | £998pcm |
| June 2012 | 2.6% | £972pcm |
| June 2011 | 4.7% | £948pcm |
| June 2010 | 5.9% | £905pcm |
| June 2009 | -5.1% | £855pcm |
| June 2008 | 3.8% | £901pcm |
| June 2007 | 0% | £868pcm |
Nearby Postcodes
CM23 2EL is the 7th largest and the 427th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 3XQ, Jackson Square, Bishop's Stortford, CM23CM23 3XQ3 Addresses|109 m away
- CM23 2EQ, The Causeway, Bishop's Stortford, CM23CM23 2EQ31 Addresses|114 m away
- CM23 3XG, Jackson Square, Bishop's Stortford, CM23CM23 3XG1 Addresses|134 m away
- CM23 2JY, Bridge Street, Bishop's Stortford, CM23CM23 2JY3 Addresses|136 m away
- CM23 3XH, Devoils Lane, Bishop's Stortford, CM23CM23 3XH1 Addresses|147 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)
Schools Nearby
- Windhill21500 m away
- St Michael's Church of England Primary School600 m away
- St Joseph's Catholic Primary School B/S1.0 km away
- St Mary's Catholic School600 m away
- Hockerill Anglo-European College600 m away
- The Hertfordshire & Essex High School and Science College700 m away
More reading links
Public Transport Nearby
The closest station to CM23 2EL is Bishops Stortford station, which is 600 metres away.
- Bishops Stortford|600 m away
- Stansted Mountfitchet|4.2 km away
- Sawbridgeworth|6.4 km away
- Stansted Airport|7.0 km away