CM23 2XP is a residential postcode situated on Hockerill Street, Bishop's Stortford, CM23 with 12 addresses.
It ranks as the 457th largest and 17th 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: 6 houses and 6 flats.
CM23 2XP is a residential postcode situated on Hockerill Street, Bishop's Stortford, CM23 with 12 addresses.
It ranks as the 457th largest and 17th 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: 6 houses and 6 flats.
Sale prices range from £111,332 for 1 bedroom leasehold flats (301 ft2) to £332,300 for 3 bedroom freehold houses with a garden (893 ft2) .
Monthly rental prices range from £658 pcm for 1 bed flats to £1,599 pcm for 3 bed houses.
The gross rental yield is between 5.8% and 7.1%.
The average value per square foot is £371.
The last sale in CM23 2XP sold for £210,000 on 31st January 2020. Since then prices are up an average of 6.6%.
The current average value in the postcode is £198,321.
The CM23 2XP Sales Market has increased by 12.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.4% | £198,321 |
| April 2025 | 1.1% | £201,219 |
| April 2024 | -3% | £199,037 |
| April 2023 | 0.5% | £205,243 |
| April 2022 | 6.2% | £204,226 |
| April 2021 | 4.9% | £192,374 |
| April 2020 | 0% | £183,356 |
| April 2019 | -1.4% | £183,320 |
| April 2018 | 2.2% | £185,858 |
| April 2017 | 3.3% | £181,780 |
| April 2016 | 11.6% | £176,050 |
| April 2015 | 13.9% | £157,771 |
| April 2014 | 8.4% | £138,469 |
| April 2013 | 4.7% | £127,723 |
| April 2012 | 0.7% | £121,982 |
| April 2011 | 1.1% | £121,181 |
| April 2010 | 9.9% | £119,835 |
| April 2009 | -16.9% | £109,027 |
| April 2008 | 3.9% | £131,256 |
| April 2007 | 0% | £126,350 |
The current average rental value in the postcode is £1,040.
The CM23 2XP Rental Market has increased by 41.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £1,040pcm |
| April 2025 | 6.5% | £1,001pcm |
| April 2024 | 7.9% | £940pcm |
| April 2023 | 5.3% | £872pcm |
| April 2022 | 5.5% | £828pcm |
| April 2021 | 1% | £785pcm |
| April 2020 | 2% | £777pcm |
| April 2019 | 0.8% | £762pcm |
| April 2018 | -0.5% | £756pcm |
| April 2017 | 3.3% | £760pcm |
| April 2016 | 5.2% | £735pcm |
| April 2015 | 8.5% | £699pcm |
| April 2014 | 3% | £644pcm |
| April 2013 | 3.5% | £625pcm |
| April 2012 | 2.2% | £604pcm |
| April 2011 | 4% | £591pcm |
| April 2010 | 2.9% | £568pcm |
| April 2009 | -6.8% | £552pcm |
| April 2008 | 4.7% | £593pcm |
| April 2007 | 0% | £566pcm |
The last sale was on 31st January 2020 for £210,000 and since then the market in the area has increased by 6.6%. The postcode has had a total of 30 sales since 1995.
CM23 2XP has seen no sales in the last three years and no sales in the last twelve months.
CM23 2XP is the 457th largest and the 17th most expensive postcode out of the 1,085 postcodes in the CM23 area.
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