CM23 2QR is a residential postcode situated on Hadham Road, Bishop's Stortford, CM23 with 12 addresses.
It ranks as the 454th largest and 8th most expensive of the 1,085 postcodes in the CM23 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
CM23 2QR is a residential postcode situated on Hadham Road, Bishop's Stortford, CM23 with 12 addresses.
It ranks as the 454th largest and 8th most expensive of the 1,085 postcodes in the CM23 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £139,878 for 1 bedroom leasehold flats (452 ft2) to £638,004 for 3 bedroom leasehold flats (1,614 ft2) .
Monthly rental prices range from £814 pcm for 1 bed flats to £2,574 pcm for 3 bed flats.
The gross rental yield is between 4.8% and 7.1%.
The average value per square foot is £309.
The last sale in CM23 2QR sold for £110,000 on 30th August 2024. Since then prices are up an average of 0.7%.
The current average value in the postcode is £249,766.
The CM23 2QR Sales Market has increased by 5.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.9% | £249,766 |
| April 2025 | 0.2% | £252,107 |
| April 2024 | -2.5% | £251,493 |
| April 2023 | -0.4% | £257,946 |
| April 2022 | 4.3% | £258,902 |
| April 2021 | 3.2% | £248,162 |
| April 2020 | -0.2% | £240,433 |
| April 2019 | -1.2% | £240,834 |
| April 2018 | 1.5% | £243,733 |
| April 2017 | 1.6% | £240,095 |
| April 2016 | 11.3% | £236,419 |
| April 2015 | 12.6% | £212,443 |
| April 2014 | 7.6% | £188,649 |
| April 2013 | 3.6% | £175,373 |
| April 2012 | 0.4% | £169,279 |
| April 2011 | 0.6% | £168,678 |
| April 2010 | 10.1% | £167,670 |
| April 2009 | -17.1% | £152,262 |
| April 2008 | 2.8% | £183,694 |
| April 2007 | 0% | £178,765 |
The current average rental value in the postcode is £1,193.
The CM23 2QR Rental Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.4% | £1,193pcm |
| April 2025 | 5.6% | £1,142pcm |
| April 2024 | 8.5% | £1,082pcm |
| April 2023 | 4.4% | £997pcm |
| April 2022 | 3.7% | £955pcm |
| April 2021 | -0.7% | £922pcm |
| April 2020 | 1.8% | £928pcm |
| April 2019 | 1% | £911pcm |
| April 2018 | -1.2% | £902pcm |
| April 2017 | 1.6% | £913pcm |
| April 2016 | 4.9% | £899pcm |
| April 2015 | 7.3% | £857pcm |
| April 2014 | 2.2% | £799pcm |
| April 2013 | 2.4% | £782pcm |
| April 2012 | 1.9% | £763pcm |
| April 2011 | 3.4% | £749pcm |
| April 2010 | 3.1% | £724pcm |
| April 2009 | -7% | £702pcm |
| April 2008 | 3.5% | £755pcm |
| April 2007 | 0% | £729pcm |
The last sale was on 30th August 2024 for £110,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 27 sales since 1995.
CM23 2QR has seen 2 sales in the last three years and no sales in the last twelve months.
CM23 2QR is the 454th largest and the 8th most expensive postcode out of the 1,085 postcodes in the CM23 area.
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