CM23 2XL is a residential postcode situated on Lovett Close, Bishop's Stortford, CM23 with 14 addresses.
It ranks as the 526th largest and 137th 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 14 properties: 4 houses and 10 flats.
CM23 2XL is a residential postcode situated on Lovett Close, Bishop's Stortford, CM23 with 14 addresses.
It ranks as the 526th largest and 137th 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 14 properties: 4 houses and 10 flats.
Sale prices range from £223,502 for 2 bedroom leasehold flats (473 ft2) to £537,356 for 4 bedroom freehold houses with a garden (1,227 ft2) .
Monthly rental prices range from £1,185 pcm for 2 bed flats to £2,130 pcm for 4 bed houses.
The gross rental yield is between 4.8% and 6.4%.
The average value per square foot is £472.
The last sale in CM23 2XL sold for £500,000 on 16th July 2019. Since then prices are up an average of 4.8%.
The current average value in the postcode is £297,643.
The CM23 2XL Sales Market has increased by 13.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £297,643 |
| April 2025 | 0.9% | £304,970 |
| April 2024 | -3.3% | £302,120 |
| April 2023 | 1% | £312,550 |
| April 2022 | 6.5% | £309,323 |
| April 2021 | 5.2% | £290,465 |
| April 2020 | 0.6% | £276,107 |
| April 2019 | -0.9% | £274,570 |
| April 2018 | 2.3% | £277,043 |
| April 2017 | 3% | £270,736 |
| April 2016 | 10.6% | £262,898 |
| April 2015 | 13.3% | £237,675 |
| April 2014 | 8.3% | £209,849 |
| April 2013 | 5.2% | £193,784 |
| April 2012 | 1.6% | £184,269 |
| April 2011 | 1.4% | £181,326 |
| April 2010 | 10.7% | £178,787 |
| April 2009 | -16.5% | £161,482 |
| April 2008 | 4.1% | £193,284 |
| April 2007 | 0% | £185,686 |
The current average rental value in the postcode is £1,407.
The CM23 2XL Rental Market has increased by 42.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,407pcm |
| April 2025 | 6.4% | £1,368pcm |
| April 2024 | 7.4% | £1,286pcm |
| April 2023 | 6% | £1,197pcm |
| April 2022 | 5.7% | £1,129pcm |
| April 2021 | 1.5% | £1,068pcm |
| April 2020 | 2.3% | £1,052pcm |
| April 2019 | 1.2% | £1,028pcm |
| April 2018 | -0.3% | £1,016pcm |
| April 2017 | 3.1% | £1,019pcm |
| April 2016 | 4.1% | £988pcm |
| April 2015 | 8% | £949pcm |
| April 2014 | 3% | £879pcm |
| April 2013 | 4% | £854pcm |
| April 2012 | 3.2% | £820pcm |
| April 2011 | 4.3% | £795pcm |
| April 2010 | 3.9% | £762pcm |
| April 2009 | -6.6% | £734pcm |
| April 2008 | 5% | £785pcm |
| April 2007 | 0% | £748pcm |
The last sale was on 16th July 2019 for £500,000 and since then the market in the area has increased by 4.8%. The postcode has had a total of 2 sales since 1995.
CM23 2XL has seen no sales in the last three years and no sales in the last twelve months.
CM23 2XL is the 526th largest and the 137th most expensive postcode out of the 1,085 postcodes in the CM23 area.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CM23 2XL, % of property is and % is .
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 2XL, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2XL, 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 2XL, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.