Southmill Road - CM23 3FR
Key Postcode Insights
CM23 3FR is a residential postcode situated on Southmill Road, Bishop's Stortford, CM23 with 9 addresses.
It ranks as the 353rd largest and 679th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £527,987
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £2,108pcm
- 10 Year change
- up 48.3%
- Ave. £ per ft²
- £415/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
CM23 3FR is a residential postcode situated on Southmill Road, Bishop's Stortford, CM23 with 9 addresses.
It ranks as the 353rd largest and 679th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £527,987
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £2,108pcm
- 10 Year change
- up 48.3%
- Ave. £ per ft²
- £415/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin CM23 3FR
- 1 Southmill Road
4 Bed Modern House
- 3 Southmill Road
4 Bed Modern House
- 5 Southmill Road
4 Bed Modern House
- 7 Southmill Road
4 Bed Modern House
- 9 Southmill Road
4 Bed Modern House
Sales Market Trends
The last sale in CM23 3FR sold for £539,000 on 21st February 2025. Since then prices are down an average of 2.9%.
The current average value in the postcode is £527,987.
The CM23 3FR Sales Market has increased by 15.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £527,987 |
| June 2025 | 1.8% | £544,263 |
| June 2024 | -4% | £534,848 |
| June 2023 | 0.9% | £557,349 |
| June 2022 | 7.6% | £552,522 |
| June 2021 | 6.6% | £513,261 |
| June 2020 | 1.7% | £481,593 |
| June 2019 | -1% | £473,358 |
| June 2018 | 2% | £478,226 |
| June 2017 | 2.4% | £468,972 |
| June 2016 | 10.5% | £458,131 |
| June 2015 | 11.4% | £414,501 |
| June 2014 | 9.8% | £372,197 |
| June 2013 | 1.3% | £339,072 |
| June 2012 | 1.9% | £334,851 |
| June 2011 | 3.2% | £328,740 |
| June 2010 | 14.7% | £318,469 |
| June 2009 | -11.8% | £277,704 |
| June 2008 | -0.1% | £315,028 |
| June 2007 | 0% | £315,454 |
Rental Market Trends
The current average rental value in the postcode is £2,108.
The CM23 3FR Rental Market has increased by 48.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £2,108pcm |
| June 2025 | 6.2% | £2,051pcm |
| June 2024 | 7.2% | £1,931pcm |
| June 2023 | 6.4% | £1,801pcm |
| June 2022 | 6.8% | £1,693pcm |
| June 2021 | 3.1% | £1,586pcm |
| June 2020 | 3.7% | £1,538pcm |
| June 2019 | 1.1% | £1,483pcm |
| June 2018 | 0.4% | £1,467pcm |
| June 2017 | 2.7% | £1,461pcm |
| June 2016 | 3.7% | £1,422pcm |
| June 2015 | 7.3% | £1,371pcm |
| June 2014 | 2.3% | £1,278pcm |
| June 2013 | 1.7% | £1,249pcm |
| June 2012 | 2.6% | £1,228pcm |
| June 2011 | 5.8% | £1,197pcm |
| June 2010 | 8% | £1,131pcm |
| June 2009 | -4% | £1,048pcm |
| June 2008 | 3.9% | £1,092pcm |
| June 2007 | 0% | £1,051pcm |
Sales History
The last sale was on 21st February 2025 for £539,000 and since then the market in the area has decreased by 2.9%. The postcode has had a total of 19 sales since 1995.
CM23 3FR has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£539,000 | 4 Bed House1, Southmill Road, Bishop's Stortford, CM23 3FR1, Southmill Road, Bishop's Stortford, CM23 3FR
- Sold Nov 2024£565,000 | 4 Bed House17, Southmill Road, Bishop's Stortford, CM23 3FR17, 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
- Sold Sep 2023£575,000 | 4 Bed House9, Southmill Road, Bishop's Stortford, CM23 3FR9, Southmill Road, Bishop's Stortford, CM23 3FR
- Sold Oct 2022£540,000 | 4 Bed House3, Southmill Road, Bishop's Stortford, CM23 3FR3, Southmill Road, Bishop's Stortford, CM23 3FR
Nearby Postcodes
CM23 3FR is the 353rd largest and the 679th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 3DW, Kimberley Villas, Bishop's Stortford, CM23CM23 3DW5 Addresses|41 m away
- CM23 3FS, River View, Bishop's Stortford, CM23CM23 3FS61 Addresses|45 m away
- CM23 3JE, Kimberley Close, Bishop's Stortford, CM23CM23 3JE7 Addresses|82 m away
- CM23 3DA, Southmill Road, Bishop's Stortford, CM23CM23 3DA23 Addresses|87 m away
- CM23 3DQ, The Moorings, Bishop's Stortford, CM23CM23 3DQ14 Addresses|98 m away
Property Types
- 9 modern houses built after 1980
- modern house (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (9)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
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
- St Michael's Church of England Primary School800 m away
- Thorley Hill Primary School800 m away
- The Hertfordshire & Essex High School and Science College600 m away
- Hockerill Anglo-European College900 m away
- St Mary's Catholic School1.1 km away
More reading links
Public Transport Nearby
The closest station to CM23 3FR is Bishops Stortford station, which is 300 metres away.
- Bishops Stortford|300 m away
- Stansted Mountfitchet|4.8 km away
- Sawbridgeworth|5.5 km away
- Stansted Airport|7.1 km away
