Basbow Lane - CM23 2TW
Key Postcode Insights
CM23 2TW is a residential postcode situated on Basbow Lane, Bishop's Stortford, CM23 with 26 addresses.
It ranks as the 789th largest and 220th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 3 houses and 23 flats.
- Ave. Sale Price
- £337,634
- 10 Year change
- up 3.2%
- Ave. Rental Price
- £1,472pcm
- 10 Year change
- up 32.8%
- Ave. £ per ft²
- £383/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
CM23 2TW is a residential postcode situated on Basbow Lane, Bishop's Stortford, CM23 with 26 addresses.
It ranks as the 789th largest and 220th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 3 houses and 23 flats.
- Ave. Sale Price
- £337,634
- 10 Year change
- up 3.2%
- Ave. Rental Price
- £1,472pcm
- 10 Year change
- up 32.8%
- Ave. £ per ft²
- £383/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin CM23 2TW
- Sworders Court
Modern Building | 6 Units
- Tees House
Building | 3 Flats
- Tissimans Court
Modern Building | 12 Units
- 2 Basbow Lane
3 Bed Period Flat
- 4 Basbow Lane
3 Bed Period Flat
Sales Market Trends
The last sale in CM23 2TW sold for £338,000 on 11th April 2025. Since then prices are down an average of 4.7%.
The current average value in the postcode is £337,634.
The CM23 2TW Sales Market has increased by 3.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £337,634 |
| June 2025 | 0.6% | £351,991 |
| June 2024 | -3.9% | £349,882 |
| June 2023 | -0.1% | £364,183 |
| June 2022 | 5.7% | £364,695 |
| June 2021 | 3.7% | £344,965 |
| June 2020 | 0.9% | £332,674 |
| June 2019 | -1.2% | £329,648 |
| June 2018 | 1.4% | £333,710 |
| June 2017 | 0.6% | £329,171 |
| June 2016 | 10.7% | £327,062 |
| June 2015 | 11.3% | £295,542 |
| June 2014 | 10.1% | £265,652 |
| June 2013 | 1.9% | £241,340 |
| June 2012 | 2% | £236,819 |
| June 2011 | 1.1% | £232,211 |
| June 2010 | 12.6% | £229,614 |
| June 2009 | -14.1% | £203,905 |
| June 2008 | -2.4% | £237,424 |
| June 2007 | 0% | £243,237 |
Rental Market Trends
The current average rental value in the postcode is £1,472.
The CM23 2TW Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £1,472pcm |
| June 2025 | 5% | £1,448pcm |
| June 2024 | 7.3% | £1,379pcm |
| June 2023 | 5.3% | £1,285pcm |
| June 2022 | 4.8% | £1,220pcm |
| June 2021 | 0.3% | £1,164pcm |
| June 2020 | 2.9% | £1,160pcm |
| June 2019 | 0.9% | £1,127pcm |
| June 2018 | -0.2% | £1,117pcm |
| June 2017 | 1% | £1,119pcm |
| June 2016 | 3.8% | £1,108pcm |
| June 2015 | 7.2% | £1,067pcm |
| June 2014 | 2.6% | £996pcm |
| June 2013 | 2.3% | £970pcm |
| June 2012 | 2.7% | £948pcm |
| June 2011 | 3.7% | £923pcm |
| June 2010 | 6% | £890pcm |
| June 2009 | -6.5% | £840pcm |
| June 2008 | 1.6% | £898pcm |
| June 2007 | 0% | £884pcm |
Sales History
The last sale was on 11th April 2025 for £338,000 and since then the market in the area has decreased by 4.7%. The postcode has had a total of 30 sales since 1995.
CM23 2TW has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£338,000 | 3 Bed Flat10 Tissimans Court, Basbow Lane, Bishop's Stortford, CM23 2TW10 Tissimans Court, Basbow Lane, Bishop's Stortford, CM23 2TW
- Sold Feb 2025£344,000 | 3 Bed Flat2, Basbow Lane, Bishop's Stortford, CM23 2TW2, Basbow Lane, Bishop's Stortford, CM23 2TW
- Sold Feb 2025£344,000 | 3 Bed Flat4, Basbow Lane, Bishop's Stortford, CM23 2TW4, Basbow Lane, Bishop's Stortford, CM23 2TW
- Sold Aug 2024£350,000 | 2 Bed FlatFlat 1, Sworders Court, Basbow Lane, Bishop's Stortford, CM23 2TWFlat 1, Sworders Court, Basbow Lane, Bishop's Stortford, CM23 2TW
- Sold Nov 2022£410,000 | 3 Bed FlatFlat 5, Sworders Court, Basbow Lane, Bishop's Stortford, CM23 2TWFlat 5, Sworders Court, Basbow Lane, Bishop's Stortford, CM23 2TW
Nearby Postcodes
CM23 2TW is the 789th largest and the 220th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 2NA, Basbow Lane, Bishop's Stortford, CM23CM23 2NA15 Addresses|36 m away
- CM23 2TN, North Street, Bishop's Stortford, CM23CM23 2TN1 Addresses|40 m away
- CM23 2LT, High Street, Bishop's Stortford, CM23CM23 2LT5 Addresses|40 m away
- CM23 2FS, The George Courtyard, Bishop's Stortford, CM23CM23 2FS8 Addresses|42 m away
- CM23 2FG, William Searing Close, Bishop's Stortford, CM23CM23 2FG6 Addresses|46 m away
Property Types
- 2 period flats built between 1800 and 1911
- 3 modern houses built after 1980
- 21 modern flats built after 1980
- period flat (2)
- modern house (3)
- modern flat (21)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is B.
- A (0)
- E (2)
- B (15)
- F (0)
- C (2)
- G (0)
- D (4)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Feb 2022£695,000 | 3 Bed FlatApartment 2, Tees House , Basbow Lane, Bishop's Stortford, CM23 2TWApartment 2, Tees House , Basbow Lane, Bishop's Stortford, CM23 2TW
- Sold Feb 2015£495,000 | 3 Bed FlatApartment 3, Tees House , Basbow Lane, Bishop's Stortford, CM23 2TWApartment 3, Tees House , Basbow Lane, Bishop's Stortford, CM23 2TW
- Sold Aug 2022£495,000 | 3 Bed House43, Basbow Lane, Bishop's Stortford, CM23 2NA43, Basbow Lane, Bishop's Stortford, CM23 2NA
Schools Nearby
- Windhill21300 m away
- St Michael's Church of England Primary School400 m away
- Northgate Primary School700 m away
- St Mary's Catholic School300 m away
- Hockerill Anglo-European College900 m away
- The Hertfordshire & Essex High School and Science College1.0 km away
More reading links
Public Transport Nearby
The closest station to CM23 2TW is Bishops Stortford station, which is 700 metres away.
- Bishops Stortford|700 m away
- Stansted Mountfitchet|4.4 km away
- Sawbridgeworth|6.4 km away
- Elsenham (Essex)|7.3 km away
