London Road - CM23 3LU
Key Postcode Insights
CM23 3LU is a residential postcode situated on London Road, Spellbrook, Bishop's Stortford, CM23 with 1 addresses.
It ranks as the 14th largest and 765th most expensive of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £573,684
- 10 Year change
- up 15.3%
- Ave. Rental Price
- £2,125pcm
- 10 Year change
- up 48.3%
- Ave. £ per ft²
- £427/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
CM23 3LU is a residential postcode situated on London Road, Spellbrook, Bishop's Stortford, CM23 with 1 addresses.
It ranks as the 14th largest and 765th most expensive of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £573,684
- 10 Year change
- up 15.3%
- Ave. Rental Price
- £2,125pcm
- 10 Year change
- up 48.3%
- Ave. £ per ft²
- £427/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Sales Market Trends
The current average value in the postcode is £573,684.
The CM23 3LU Sales Market has increased by 15.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £573,684 |
| June 2025 | 1.7% | £591,368 |
| June 2024 | -4% | £581,247 |
| June 2023 | 0.8% | £605,492 |
| June 2022 | 7.7% | £600,497 |
| June 2021 | 6.6% | £557,775 |
| June 2020 | 1.8% | £523,320 |
| June 2019 | -1% | £514,076 |
| June 2018 | 1.9% | £519,279 |
| June 2017 | 2.4% | £509,423 |
| June 2016 | 10.5% | £497,690 |
| June 2015 | 11.3% | £450,478 |
| June 2014 | 9.8% | £404,600 |
| June 2013 | 1.2% | £368,654 |
| June 2012 | 1.9% | £364,225 |
| June 2011 | 3.2% | £357,528 |
| June 2010 | 14.6% | £346,428 |
| June 2009 | -11.8% | £302,186 |
| June 2008 | -0.2% | £342,528 |
| June 2007 | 0% | £343,079 |
Rental Market Trends
The current average rental value in the postcode is £2,125.
The CM23 3LU Rental Market has increased by 48.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £2,125pcm |
| June 2025 | 6.2% | £2,067pcm |
| June 2024 | 7.2% | £1,946pcm |
| June 2023 | 6.4% | £1,816pcm |
| June 2022 | 6.8% | £1,707pcm |
| June 2021 | 3.2% | £1,599pcm |
| June 2020 | 3.7% | £1,549pcm |
| June 2019 | 1.1% | £1,494pcm |
| June 2018 | 0.4% | £1,478pcm |
| June 2017 | 2.7% | £1,472pcm |
| June 2016 | 3.7% | £1,433pcm |
| June 2015 | 7.3% | £1,383pcm |
| June 2014 | 2.4% | £1,289pcm |
| June 2013 | 1.6% | £1,259pcm |
| June 2012 | 2.6% | £1,238pcm |
| June 2011 | 5.9% | £1,207pcm |
| June 2010 | 8% | £1,140pcm |
| June 2009 | -4.1% | £1,056pcm |
| June 2008 | 3.9% | £1,101pcm |
| June 2007 | 0% | £1,059pcm |
Nearby Postcodes
CM23 3LU is the 14th largest and the 765th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 3NH, Park Lane, Bishop's Stortford, CM23CM23 3NH29 Addresses|123 m away
- CM23 3NX, Mitre Gardens, Bishop's Stortford, CM23CM23 3NX32 Addresses|124 m away
- CM23 3LS, London Road, Spellbrook, Bishop's Stortford, CM23CM23 3LS18 Addresses|152 m away
- CM23 3HE, Proctors Way, Bishop's Stortford, CM23CM23 3HE24 Addresses|155 m away
- CM23 3HF, Proctors Way, Bishop's Stortford, CM23CM23 3HF30 Addresses|166 m away
Property Types
- 1 other address of unknown type
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
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 School200 m away
- Richard Whittington Primary School600 m away
- Thorn Grove Primary School1.1 km away
- The Bishop's Stortford High School1.0 km away
- The Hertfordshire & Essex High School and Science College1.4 km away
- St Mary's Catholic School1.6 km away
More reading links
Public Transport Nearby
The closest station to CM23 3LU is Bishops Stortford station, which is 1.1 kilometres away.
- Bishops Stortford|1.1 km away
- Sawbridgeworth|4.7 km away
- Stansted Mountfitchet|5.6 km away
- Stansted Airport|7.6 km away