CM23 3FW

Morton Peto Road, East Hertfordshire, East of England

CM23 3FWHouse Prices / East of England, East Hertfordshire, Morton Peto Road

Name: CM23 3FW
Address: CM23 3FW, East Hertfordshire, East of England, CM23 3FW, United Kingdom

Last updated May 2026

Key Postcode Insights

CM23 3FW is a residential postcode situated on Morton Peto Road, Bishop's Stortford, CM23 with 83 addresses.

It ranks as the 1080th largest and 167th 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 83 properties: 83 flats.

Properties

Flats

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Key Postcode Insights

CM23 3FW is a residential postcode situated on Morton Peto Road, Bishop's Stortford, CM23 with 83 addresses.

It ranks as the 1080th largest and 167th 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 83 properties: 83 flats.

Properties

Flats

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House Pricesin CM23 3FW

Sale prices range from £259,624 for 2 bedroom leasehold flats with a balcony (559 ft²) to £345,917 for 3 bedroom leasehold flats with a balcony (968 ft²) .

Monthly rental prices range from £1,261 pcm for 2 bed flats to £1,571 pcm for 3 bed flats.

The gross rental yield is between 5.4% and 5.8%.

The average value per square foot is £413.

Average Sale Value

£287,234

Average Rental Value

£1,349 pcm

Average Rental Yield

5.6% /year

Average Value Per Sqft

£413 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin CM23 3FW

The last sale in CM23 3FW sold for £257,500 on 29th July 2025. Since then prices are down an average of 0.9%.

The current average value in the postcode is £287,234.
The CM23 3FW Sales Market has increased by 2.9% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-2.4%	£287,234
April 2025	-0.9%	£294,148
April 2024	-4.2%	£296,766
April 2023	0.6%	£309,635
April 2022	3.9%	£307,751
April 2021	2.7%	£296,304
April 2020	0.3%	£288,449
April 2019	-0.8%	£287,661
April 2018	1.8%	£289,918
April 2017	2.1%	£284,826
April 2016	9.3%	£279,004
April 2015	11.7%	£255,275
April 2014	8.1%	£228,524
April 2013	3.8%	£211,497
April 2012	0.7%	£203,719
April 2011	0.7%	£202,403
April 2010	11.5%	£200,957
April 2009	-17.5%	£180,264
April 2008	1.9%	£218,518
April 2007	0%	£214,389

Rental Market Trendsin CM23 3FW

The current average rental value in the postcode is £1,349.
The CM23 3FW Rental Market has increased by 29.3% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	2.9%	£1,349pcm
April 2025	4.4%	£1,310pcm
April 2024	6.6%	£1,255pcm
April 2023	5.4%	£1,177pcm
April 2022	3.2%	£1,117pcm
April 2021	-1.2%	£1,082pcm
April 2020	2.3%	£1,095pcm
April 2019	1.4%	£1,070pcm
April 2018	-0.9%	£1,055pcm
April 2017	2.1%	£1,065pcm
April 2016	3%	£1,043pcm
April 2015	6.4%	£1,013pcm
April 2014	2.7%	£952pcm
April 2013	2.6%	£927pcm
April 2012	2.2%	£903pcm
April 2011	3.6%	£884pcm
April 2010	4.4%	£853pcm
April 2009	-7.4%	£818pcm
April 2008	2.7%	£883pcm
April 2007	0%	£860pcm

Explore Buildingsin CM23 3FW, Morton Peto Road, Bishop's Stortford, CM23

Carriage House, Morton Peto Road, Bishop's Stortford, CM23 Modern building 83 units

Sales History
in CM23 3FW

The last sale was on 29th July 2025 for £257,500 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 70 sales since 1995.