CM23 2TX is a residential postcode situated on Ashby Rise, Bishop's Stortford, CM23 with 5 addresses.
It ranks as the 178th largest and 907th most expensive of the 1,085 postcodes in the CM23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
CM23 2TX is a residential postcode situated on Ashby Rise, Bishop's Stortford, CM23 with 5 addresses.
It ranks as the 178th largest and 907th most expensive of the 1,085 postcodes in the CM23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
Sale prices range from £661,946 for 4 bedroom freehold houses with a garden (1,457 ft2) to £762,009 for 5 bedroom freehold houses with a garden (1,862 ft2) .
Monthly rental prices range from £2,144 pcm for 4 bed houses to £2,567 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 4.0%.
The average value per square foot is £433.
The last sale in CM23 2TX sold for £623,000 on 11th September 2020. Since then prices are up an average of 8.1%.
The current average value in the postcode is £698,916.
The CM23 2TX Sales Market has increased by 15.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.7% | £698,916 |
| May 2025 | 1.3% | £725,620 |
| May 2024 | -3.4% | £716,604 |
| May 2023 | 1.2% | £742,079 |
| May 2022 | 7.3% | £733,243 |
| May 2021 | 7.3% | £683,234 |
| May 2020 | 1.4% | £636,938 |
| May 2019 | -1% | £628,372 |
| May 2018 | 2.6% | £635,029 |
| May 2017 | 2.2% | £618,947 |
| May 2016 | 10.3% | £605,729 |
| May 2015 | 11.5% | £549,282 |
| May 2014 | 8% | £492,655 |
| May 2013 | 1.1% | £456,136 |
| May 2012 | 2.3% | £450,991 |
| May 2011 | 3.8% | £441,026 |
| May 2010 | 14.4% | £424,977 |
| May 2009 | -12.7% | £371,532 |
| May 2008 | 1.4% | £425,598 |
| May 2007 | 0% | £419,641 |
The current average rental value in the postcode is £2,284.
The CM23 2TX Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £2,284pcm |
| May 2025 | 6.4% | £2,233pcm |
| May 2024 | 7.2% | £2,099pcm |
| May 2023 | 6.7% | £1,957pcm |
| May 2022 | 6.6% | £1,835pcm |
| May 2021 | 3.7% | £1,722pcm |
| May 2020 | 2.9% | £1,660pcm |
| May 2019 | 1.2% | £1,613pcm |
| May 2018 | 0.4% | £1,593pcm |
| May 2017 | 2.6% | £1,587pcm |
| May 2016 | 3.3% | £1,547pcm |
| May 2015 | 7.2% | £1,498pcm |
| May 2014 | 2.1% | £1,397pcm |
| May 2013 | 0.9% | £1,368pcm |
| May 2012 | 3.1% | £1,356pcm |
| May 2011 | 6.6% | £1,316pcm |
| May 2010 | 7.5% | £1,235pcm |
| May 2009 | -3.9% | £1,148pcm |
| May 2008 | 3.9% | £1,195pcm |
| May 2007 | 0% | £1,151pcm |
The last sale was on 11th September 2020 for £623,000 and since then the market in the area has increased by 8.1%. The postcode has had a total of 8 sales since 1995.
CM23 2TX has seen no sales in the last three years and no sales in the last twelve months.
CM23 2TX is the 178th largest and the 907th 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 2TX, 52.0% of property is privately owned with a mortgage and 34.4% is privately owned outright.
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 2TX, 21.6% of residents are recorded as possessing school level qualifications and 44.2% 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 2TX, 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 2TX, 4.3% 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 2TX, there are an average of 1.7 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, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.