London Road - CM23 3LS
Key Postcode Insights
CM23 3LS is a residential postcode situated on London Road, Spellbrook, Bishop's Stortford, CM23 with 18 addresses.
It ranks as the 639th largest and 282nd most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £362,743
- 10 Year change
- up 16.0%
- Ave. Rental Price
- £1,641pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £507/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
CM23 3LS is a residential postcode situated on London Road, Spellbrook, Bishop's Stortford, CM23 with 18 addresses.
It ranks as the 639th largest and 282nd most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £362,743
- 10 Year change
- up 16.0%
- Ave. Rental Price
- £1,641pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £507/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin CM23 3LS
- 241 London Road
2 Bed Early-century House
- 243 London Road
2 Bed Early-century House
- 245 London Road
2 Bed Early-century House
- 247 London Road
Unknown
- 249 London Road
3 Bed Early-century House
Sales Market Trends
The last sale in CM23 3LS sold for £390,000 on 14th April 2022. Since then prices are down an average of 2.7%.
The current average value in the postcode is £362,743.
The CM23 3LS Sales Market has increased by 16.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £362,743 |
| June 2025 | 2.3% | £372,254 |
| June 2024 | -3.8% | £363,944 |
| June 2023 | 0% | £378,165 |
| June 2022 | 8.2% | £378,130 |
| June 2021 | 6.6% | £349,609 |
| June 2020 | 1.4% | £327,869 |
| June 2019 | -1.3% | £323,391 |
| June 2018 | 1.9% | £327,683 |
| June 2017 | 2.9% | £321,627 |
| June 2016 | 11.7% | £312,676 |
| June 2015 | 12.6% | £280,009 |
| June 2014 | 10.8% | £248,597 |
| June 2013 | 2.1% | £224,309 |
| June 2012 | 1.9% | £219,768 |
| June 2011 | 2.2% | £215,688 |
| June 2010 | 12.7% | £211,008 |
| June 2009 | -12.6% | £187,224 |
| June 2008 | -0.3% | £214,190 |
| June 2007 | 0% | £214,877 |
Rental Market Trends
The current average rental value in the postcode is £1,641.
The CM23 3LS Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,641pcm |
| June 2025 | 6.8% | £1,589pcm |
| June 2024 | 7.4% | £1,488pcm |
| June 2023 | 5.5% | £1,385pcm |
| June 2022 | 7.3% | £1,313pcm |
| June 2021 | 3.2% | £1,224pcm |
| June 2020 | 3.3% | £1,185pcm |
| June 2019 | 0.8% | £1,148pcm |
| June 2018 | 0.3% | £1,139pcm |
| June 2017 | 3.2% | £1,135pcm |
| June 2016 | 4.8% | £1,100pcm |
| June 2015 | 8.6% | £1,050pcm |
| June 2014 | 3.4% | £967pcm |
| June 2013 | 2.5% | £935pcm |
| June 2012 | 2.6% | £912pcm |
| June 2011 | 4.8% | £889pcm |
| June 2010 | 6.1% | £848pcm |
| June 2009 | -4.9% | £799pcm |
| June 2008 | 3.8% | £840pcm |
| June 2007 | 0% | £810pcm |
Sales History
The last sale was on 14th April 2022 for £390,000 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 11 sales since 1995.
CM23 3LS has seen no sales in the last three years and no sales in the last twelve months.
- Sold Apr 2022£390,000 | 3 Bed House251, London Road, Bishop's Stortford, CM23 3LS251, London Road, Bishop's Stortford, CM23 3LS
- Sold Jun 2021£310,000 | 2 Bed House263, London Road, Bishop's Stortford, CM23 3LS263, London Road, Bishop's Stortford, CM23 3LS
- Sold Nov 2017£350,000 | 4 Bed House273, London Road, Bishop's Stortford, CM23 3LS273, London Road, Bishop's Stortford, CM23 3LS
- Sold Sep 2015£365,000 | 3 Bed House275, London Road, Bishop's Stortford, CM23 3LS275, London Road, Bishop's Stortford, CM23 3LS
- Sold Nov 2008£210,000 | 3 Bed House275, London Road, Bishop's Stortford, CM23 3LS275, London Road, Bishop's Stortford, CM23 3LS
Nearby Postcodes
CM23 3LS is the 639th largest and the 282nd most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 3LR, Burley Road, Bishop's Stortford, CM23CM23 3LR39 Addresses|50 m away
- CM23 3NX, Mitre Gardens, Bishop's Stortford, CM23CM23 3NX32 Addresses|72 m away
- CM23 3ND, Thorley Hill, Bishop's Stortford, CM23CM23 3ND17 Addresses|151 m away
- CM23 3LU, London Road, Spellbrook, Bishop's Stortford, CM23CM23 3LU1 Addresses|152 m away
- CM23 3NH, Park Lane, Bishop's Stortford, CM23CM23 3NH29 Addresses|171 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 14 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- mid-century house (1)
- early-century house (14)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (13)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Nov 2022£1,300,000 | 5 Bed HouseLarkrise, London Road, Bishop's Stortford, CM23 4BALarkrise, London Road, Bishop's Stortford, CM23 4BA
- Sold Mar 2022£1,200,000 | 5 Bed HouseMeadowsweet, London Road, Bishop's Stortford, CM23 4AUMeadowsweet, London Road, Bishop's Stortford, CM23 4AU
- Sold Dec 2023£1,185,000 | 5 Bed HouseMadalenes, London Road, Bishop's Stortford, CM23 4AUMadalenes, London Road, Bishop's Stortford, CM23 4AU
Schools Nearby
- Thorley Hill Primary School300 m away
- Richard Whittington Primary School800 m away
- Thorn Grove Primary School1.0 km away
- The Bishop's Stortford High School1.1 km away
- The Hertfordshire & Essex High School and Science College1.2 km away
- Hockerill Anglo-European College1.6 km away
More reading links
Public Transport Nearby
The closest station to CM23 3LS is Bishops Stortford station, which is 1.0 kilometres away.
- Bishops Stortford|1.0 km away
- Sawbridgeworth|4.8 km away
- Stansted Mountfitchet|5.5 km away
- Stansted Airport|7.5 km away
