Norfolk Way - CM23 3PN
Key Postcode Insights
CM23 3PN is a residential postcode situated on Norfolk Way, Bishop's Stortford, CM23 with 44 addresses.
It ranks as the 1001st largest and 335th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 44 properties: 44 houses.
- Ave. Sale Price
- £388,295
- 10 Year change
- up 15.9%
- Ave. Rental Price
- £1,713pcm
- 10 Year change
- up 49.1%
- Ave. £ per ft²
- £478/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
CM23 3PN is a residential postcode situated on Norfolk Way, Bishop's Stortford, CM23 with 44 addresses.
It ranks as the 1001st largest and 335th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 44 properties: 44 houses.
- Ave. Sale Price
- £388,295
- 10 Year change
- up 15.9%
- Ave. Rental Price
- £1,713pcm
- 10 Year change
- up 49.1%
- Ave. £ per ft²
- £478/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin CM23 3PN
- 1 Norfolk Way
3 Bed Mid-century House
- 3 Norfolk Way
Unknown
- 5 Norfolk Way
3 Bed Mid-century House
- 7 Norfolk Way
3 Bed Mid-century House
- 9 Norfolk Way
Unknown
Sales Market Trends
The last sale in CM23 3PN sold for £382,500 on 28th November 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £388,295.
The CM23 3PN Sales Market has increased by 15.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £388,295 |
| June 2025 | 2.2% | £398,727 |
| June 2024 | -3.8% | £389,973 |
| June 2023 | 0.1% | £405,450 |
| June 2022 | 8.1% | £405,097 |
| June 2021 | 6.7% | £374,736 |
| June 2020 | 1.4% | £351,124 |
| June 2019 | -1.3% | £346,409 |
| June 2018 | 1.9% | £350,920 |
| June 2017 | 2.8% | £344,309 |
| June 2016 | 11.5% | £334,976 |
| June 2015 | 12.5% | £300,356 |
| June 2014 | 10.7% | £267,096 |
| June 2013 | 1.9% | £241,342 |
| June 2012 | 1.9% | £236,736 |
| June 2011 | 2.4% | £232,318 |
| June 2010 | 13% | £226,983 |
| June 2009 | -12.4% | £200,931 |
| June 2008 | -0.4% | £229,409 |
| June 2007 | 0% | £230,354 |
Rental Market Trends
The current average rental value in the postcode is £1,713.
The CM23 3PN Rental Market has increased by 49.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,713pcm |
| June 2025 | 6.7% | £1,660pcm |
| June 2024 | 7.4% | £1,556pcm |
| June 2023 | 5.6% | £1,448pcm |
| June 2022 | 7.2% | £1,372pcm |
| June 2021 | 3.3% | £1,279pcm |
| June 2020 | 3.3% | £1,239pcm |
| June 2019 | 0.8% | £1,199pcm |
| June 2018 | 0.4% | £1,189pcm |
| June 2017 | 3.2% | £1,185pcm |
| June 2016 | 4.6% | £1,149pcm |
| June 2015 | 8.4% | £1,098pcm |
| June 2014 | 3.2% | £1,013pcm |
| June 2013 | 2.4% | £982pcm |
| June 2012 | 2.6% | £959pcm |
| June 2011 | 5% | £934pcm |
| June 2010 | 6.4% | £890pcm |
| June 2009 | -4.7% | £837pcm |
| June 2008 | 3.6% | £878pcm |
| June 2007 | 0% | £847pcm |
Sales History
The last sale was on 28th November 2025 for £382,500 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 56 sales since 1995.
CM23 3PN has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£382,500 | 2 Bed House71, Norfolk Way, Bishop's Stortford, CM23 3PN71, Norfolk Way, Bishop's Stortford, CM23 3PN
- Sold May 2025£420,000 | 3 Bed House19A, Norfolk Way, Bishop's Stortford, CM23 3PN19A, Norfolk Way, Bishop's Stortford, CM23 3PN
- Sold Dec 2024£405,000 | 3 Bed House37, Norfolk Way, Bishop's Stortford, CM23 3PN37, Norfolk Way, Bishop's Stortford, CM23 3PN
- Sold Sep 2023£410,000 | 3 Bed House7, Norfolk Way, Bishop's Stortford, CM23 3PN7, Norfolk Way, Bishop's Stortford, CM23 3PN
- Sold Aug 2023£342,500 | 2 Bed House39, Norfolk Way, Bishop's Stortford, CM23 3PN39, Norfolk Way, Bishop's Stortford, CM23 3PN
Nearby Postcodes
CM23 3PN is the 1001st largest and the 335th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 3PW, Norfolk Way, Bishop's Stortford, CM23CM23 3PW25 Addresses|69 m away
- CM23 3PX, Apsley Close, Bishop's Stortford, CM23CM23 3PX22 Addresses|74 m away
- CM23 3QE, Patricia Gardens, Bishop's Stortford, CM23CM23 3QE37 Addresses|76 m away
- CM23 3PY, Norfolk Way, Bishop's Stortford, CM23CM23 3PY16 Addresses|114 m away
- CM23 3PT, Lower Park Crescent, Bishop's Stortford, CM23CM23 3PT22 Addresses|119 m away
Property Types
- 1 modern house built after 1980
- 23 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 1 early-century house built between 1912 and 1935
- 17 other addresses of unknown type
- modern house (1)
- mid-century house (23)
- house (2)
- early-century house (1)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (1)
- F (0)
- C (9)
- G (0)
- D (12)
- No EPC (19)
Top 3 Most Expensive Sales
- Sold Sep 2022£470,000 | 3 Bed House28, Norfolk Way, Bishop's Stortford, CM23 3PW28, Norfolk Way, Bishop's Stortford, CM23 3PW
- Sold May 2025£420,000 | 3 Bed House19A, Norfolk Way, Bishop's Stortford, CM23 3PN19A, Norfolk Way, Bishop's Stortford, CM23 3PN
- Sold Sep 2023£410,000 | 3 Bed House7, Norfolk Way, Bishop's Stortford, CM23 3PN7, Norfolk Way, Bishop's Stortford, CM23 3PN
Schools Nearby
- Richard Whittington Primary School300 m away
- Thorley Hill Primary School500 m away
- Manor Fields Primary School1.0 km away
- The Bishop's Stortford High School1.1 km away
- St Mary's Catholic School1.3 km away
- The Hertfordshire & Essex High School and Science College1.5 km away
More reading links
Public Transport Nearby
The closest station to CM23 3PN is Bishops Stortford station, which is 1.1 kilometres away.
- Bishops Stortford|1.1 km away
- Sawbridgeworth|5.0 km away
- Stansted Mountfitchet|5.6 km away
- Harlow Mill|7.8 km away
