Norfolk Way - CM23 3PP
Key Postcode Insights
CM23 3PP is a residential postcode situated on Norfolk Way, Bishop's Stortford, CM23 with 6 addresses.
It ranks as the 242nd largest and 405th 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 6 properties: 6 houses.
- Ave. Sale Price
- £419,786
- 10 Year change
- up 16.5%
- Ave. Rental Price
- £1,669pcm
- 10 Year change
- up 49.9%
- Ave. £ per ft²
- £527/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
CM23 3PP is a residential postcode situated on Norfolk Way, Bishop's Stortford, CM23 with 6 addresses.
It ranks as the 242nd largest and 405th 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 6 properties: 6 houses.
- Ave. Sale Price
- £419,786
- 10 Year change
- up 16.5%
- Ave. Rental Price
- £1,669pcm
- 10 Year change
- up 49.9%
- Ave. £ per ft²
- £527/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin CM23 3PP
- 50 Norfolk Way
Unknown
- 52 Norfolk Way
Unknown
- 54 Norfolk Way
Unknown
- 56 Norfolk Way
Unknown
- 58 Norfolk Way
Unknown
Sales Market Trends
The last sale in CM23 3PP sold for £377,500 on 17th October 2022. Since then prices are down an average of 3.3%.
The current average value in the postcode is £419,786.
The CM23 3PP Sales Market has increased by 16.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £419,786 |
| June 2025 | 2.7% | £429,482 |
| June 2024 | -3.6% | £418,278 |
| June 2023 | -0.6% | £433,939 |
| June 2022 | 8.5% | £436,386 |
| June 2021 | 6.7% | £402,181 |
| June 2020 | 1.1% | £376,912 |
| June 2019 | -1.5% | £372,979 |
| June 2018 | 1.9% | £378,783 |
| June 2017 | 3.2% | £371,838 |
| June 2016 | 12.5% | £360,268 |
| June 2015 | 13.6% | £320,189 |
| June 2014 | 11.6% | £281,949 |
| June 2013 | 2.7% | £252,624 |
| June 2012 | 1.9% | £245,986 |
| June 2011 | 1.5% | £241,385 |
| June 2010 | 11.4% | £237,790 |
| June 2009 | -13.1% | £213,550 |
| June 2008 | -0.5% | £245,847 |
| June 2007 | 0% | £247,023 |
Rental Market Trends
The current average rental value in the postcode is £1,669.
The CM23 3PP Rental Market has increased by 49.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,669pcm |
| June 2025 | 7.2% | £1,611pcm |
| June 2024 | 7.7% | £1,504pcm |
| June 2023 | 4.9% | £1,397pcm |
| June 2022 | 7.6% | £1,332pcm |
| June 2021 | 3.3% | £1,237pcm |
| June 2020 | 3% | £1,198pcm |
| June 2019 | 0.6% | £1,164pcm |
| June 2018 | 0.3% | £1,157pcm |
| June 2017 | 3.6% | £1,153pcm |
| June 2016 | 5.6% | £1,114pcm |
| June 2015 | 9.4% | £1,055pcm |
| June 2014 | 4.1% | £964pcm |
| June 2013 | 3.1% | £926pcm |
| June 2012 | 2.6% | £898pcm |
| June 2011 | 4.1% | £875pcm |
| June 2010 | 4.9% | £840pcm |
| June 2009 | -5.5% | £802pcm |
| June 2008 | 3.6% | £848pcm |
| June 2007 | 0% | £819pcm |
Sales History
The last sale was on 17th October 2022 for £377,500 and since then the market in the area has decreased by 3.3%. The postcode has had a total of 4 sales since 1995.
CM23 3PP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2022£377,500 | 2 Bed House60, Norfolk Way, Bishop's Stortford, CM23 3PP60, Norfolk Way, Bishop's Stortford, CM23 3PP
- Sold Oct 2005£155,000 | 2 Bed House56, Norfolk Way, Bishop's Stortford, CM23 3PP56, Norfolk Way, Bishop's Stortford, CM23 3PP
- Sold Jun 2002£177,000 | 3 Bed House52, Norfolk Way, Bishop's Stortford, CM23 3PP52, Norfolk Way, Bishop's Stortford, CM23 3PP
- Sold Dec 2001£115,000 | 2 Bed House56, Norfolk Way, Bishop's Stortford, CM23 3PP56, Norfolk Way, Bishop's Stortford, CM23 3PP
Nearby Postcodes
CM23 3PP is the 242nd largest and the 405th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 3PQ, Havers Parade, Bishop's Stortford, CM23CM23 3PQ2 Addresses|34 m away
- CM23 3PR, Robinson Close, Bishop's Stortford, CM23CM23 3PR14 Addresses|44 m away
- CM23 3GB, Havers Lane, Bishop's Stortford, CM23CM23 3GB13 Addresses|47 m away
- CM23 3PF, Havers Lane, Bishop's Stortford, CM23CM23 3PF7 Addresses|59 m away
- CM23 3RL, Elizabeth Road, Bishop's Stortford, CM23CM23 3RL8 Addresses|90 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 5 other addresses of unknown type
- mid-century house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (5)
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 School500 m away
- Thorley Hill Primary School600 m away
- St Michael's Church of England Primary School800 m away
- St Mary's Catholic School1.0 km away
- The Bishop's Stortford High School1.3 km away
- The Hertfordshire & Essex High School and Science College1.3 km away
More reading links
Public Transport Nearby
The closest station to CM23 3PP is Bishops Stortford station, which is 900 metres away.
- Bishops Stortford|900 m away
- Sawbridgeworth|5.2 km away
- Stansted Mountfitchet|5.4 km away
- Stansted Airport|7.8 km away
