Southmill Road - CM23 3DP
Key Postcode Insights
CM23 3DP is a residential postcode situated on Southmill Road, Bishop's Stortford, CM23 with 22 addresses.
It ranks as the 709th largest and 514th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £451,836
- 10 Year change
- up 16.0%
- Ave. Rental Price
- £1,781pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £516/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
CM23 3DP is a residential postcode situated on Southmill Road, Bishop's Stortford, CM23 with 22 addresses.
It ranks as the 709th largest and 514th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £451,836
- 10 Year change
- up 16.0%
- Ave. Rental Price
- £1,781pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £516/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin CM23 3DP
- 2 Southmill Road
Unknown
- 4 Southmill Road
3 Bed Period House
- 6 Southmill Road
3 Bed Period House
- 8 Southmill Road
3 Bed Period House
- 10A Southmill Road
2 Bed Modern House
Sales Market Trends
The last sale in CM23 3DP sold for £470,000 on 19th November 2024. Since then prices are down an average of 1.2%.
The current average value in the postcode is £451,836.
The CM23 3DP Sales Market has increased by 16.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £451,836 |
| June 2025 | 2.3% | £463,705 |
| June 2024 | -3.8% | £453,290 |
| June 2023 | 0.1% | £471,177 |
| June 2022 | 8.1% | £470,902 |
| June 2021 | 6.6% | £435,443 |
| June 2020 | 1.3% | £408,395 |
| June 2019 | -1.3% | £403,034 |
| June 2018 | 1.9% | £408,437 |
| June 2017 | 2.9% | £400,733 |
| June 2016 | 11.7% | £389,567 |
| June 2015 | 12.7% | £348,762 |
| June 2014 | 10.8% | £309,598 |
| June 2013 | 2.1% | £279,332 |
| June 2012 | 1.9% | £273,579 |
| June 2011 | 2.2% | £268,537 |
| June 2010 | 12.8% | £262,632 |
| June 2009 | -12.6% | £232,912 |
| June 2008 | -0.3% | £266,641 |
| June 2007 | 0% | £267,428 |
Rental Market Trends
The current average rental value in the postcode is £1,781.
The CM23 3DP Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,781pcm |
| June 2025 | 6.7% | £1,724pcm |
| June 2024 | 7.5% | £1,616pcm |
| June 2023 | 5.5% | £1,503pcm |
| June 2022 | 7.3% | £1,424pcm |
| June 2021 | 3.2% | £1,328pcm |
| June 2020 | 3.3% | £1,287pcm |
| June 2019 | 0.8% | £1,246pcm |
| June 2018 | 0.3% | £1,236pcm |
| June 2017 | 3.2% | £1,232pcm |
| June 2016 | 4.8% | £1,193pcm |
| June 2015 | 8.5% | £1,139pcm |
| June 2014 | 3.3% | £1,049pcm |
| June 2013 | 2.5% | £1,015pcm |
| June 2012 | 2.6% | £990pcm |
| June 2011 | 4.8% | £965pcm |
| June 2010 | 6.2% | £921pcm |
| June 2009 | -4.9% | £867pcm |
| June 2008 | 3.7% | £912pcm |
| June 2007 | 0% | £879pcm |
Sales History
The last sale was on 19th November 2024 for £470,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 39 sales since 1995.
CM23 3DP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£470,000 | 3 Bed House24, Southmill Road, Bishop's Stortford, CM23 3DP24, Southmill Road, Bishop's Stortford, CM23 3DP
- Sold Mar 2021£495,000 | 3 Bed House8, Southmill Road, Bishop's Stortford, CM23 3DP8, Southmill Road, Bishop's Stortford, CM23 3DP
- Sold Nov 2020£420,000 | 3 Bed House10, Southmill Road, Bishop's Stortford, CM23 3DP10, Southmill Road, Bishop's Stortford, CM23 3DP
- Sold Jun 2020£420,000 | 3 Bed House16, Southmill Road, Bishop's Stortford, CM23 3DP16, Southmill Road, Bishop's Stortford, CM23 3DP
- Sold Jun 2018£450,000 | 3 Bed House42, Southmill Road, Bishop's Stortford, CM23 3DP42, Southmill Road, Bishop's Stortford, CM23 3DP
Nearby Postcodes
CM23 3DP is the 709th largest and the 514th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 3DH, Southmill Road, Bishop's Stortford, CM23CM23 3DH45 Addresses|27 m away
- CM23 3JG, South Road, Bishop's Stortford, CM23CM23 3JG11 Addresses|62 m away
- CM23 3DX, Southmill Road, Bishop's Stortford, CM23CM23 3DX5 Addresses|65 m away
- CM23 3DR, Mill Street, Bishop's Stortford, CM23CM23 3DR13 Addresses|68 m away
- CM23 3DQ, The Moorings, Bishop's Stortford, CM23CM23 3DQ14 Addresses|76 m away
Property Types
- 14 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 6 other addresses of unknown type
- period house (14)
- modern house (1)
- mid-century house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is E.
- A (0)
- E (9)
- B (0)
- F (0)
- C (1)
- G (0)
- D (6)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Apr 2022£585,000 | 4 Bed House13, Southmill Road, Bishop's Stortford, CM23 3FR13, Southmill Road, Bishop's Stortford, CM23 3FR
- Sold Sep 2023£575,000 | 4 Bed House9, Southmill Road, Bishop's Stortford, CM23 3FR9, Southmill Road, Bishop's Stortford, CM23 3FR
- Sold Apr 2024£565,000 | 4 Bed House11, Southmill Road, Bishop's Stortford, CM23 3FR11, Southmill Road, Bishop's Stortford, CM23 3FR
Schools Nearby
- Thorn Grove Primary School600 m away
- Thorley Hill Primary School700 m away
- St Michael's Church of England Primary School900 m away
- The Hertfordshire & Essex High School and Science College700 m away
- Hockerill Anglo-European College1.1 km away
- St Mary's Catholic School1.2 km away
More reading links
Public Transport Nearby
The closest station to CM23 3DP is Bishops Stortford station, which is 500 metres away.
- Bishops Stortford|500 m away
- Stansted Mountfitchet|5.0 km away
- Sawbridgeworth|5.3 km away
- Stansted Airport|7.2 km away
