Norfolk Way - CM23 3PW
Key Postcode Insights
CM23 3PW is a residential postcode situated on Norfolk Way, Bishop's Stortford, CM23 with 25 addresses.
It ranks as the 780th largest and 247th 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 25 properties: 25 houses.
- Ave. Sale Price
- £360,299
- 10 Year change
- up 15.9%
- Ave. Rental Price
- £1,671pcm
- 10 Year change
- up 49.1%
- Ave. £ per ft²
- £485/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
CM23 3PW is a residential postcode situated on Norfolk Way, Bishop's Stortford, CM23 with 25 addresses.
It ranks as the 780th largest and 247th 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 25 properties: 25 houses.
- Ave. Sale Price
- £360,299
- 10 Year change
- up 15.9%
- Ave. Rental Price
- £1,671pcm
- 10 Year change
- up 49.1%
- Ave. £ per ft²
- £485/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin CM23 3PW
- 2A Norfolk Way
2 Bed Modern House
- 2 Norfolk Way
2 Bed Mid-century House
- 4 Norfolk Way
Unknown
- 6 Norfolk Way
3 Bed Early-century House
- 8 Norfolk Way
Unknown
Sales Market Trends
The last sale in CM23 3PW sold for £388,000 on 15th January 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £360,299.
The CM23 3PW Sales Market has increased by 15.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £360,299 |
| June 2025 | 2.2% | £369,979 |
| June 2024 | -3.8% | £361,856 |
| June 2023 | 0.1% | £376,217 |
| June 2022 | 8.1% | £375,889 |
| June 2021 | 6.7% | £347,717 |
| June 2020 | 1.4% | £325,808 |
| June 2019 | -1.3% | £321,433 |
| June 2018 | 1.9% | £325,619 |
| June 2017 | 2.8% | £319,485 |
| June 2016 | 11.5% | £310,825 |
| June 2015 | 12.5% | £278,701 |
| June 2014 | 10.7% | £247,839 |
| June 2013 | 1.9% | £223,941 |
| June 2012 | 1.9% | £219,668 |
| June 2011 | 2.4% | £215,568 |
| June 2010 | 13% | £210,618 |
| June 2009 | -12.4% | £186,444 |
| June 2008 | -0.4% | £212,869 |
| June 2007 | 0% | £213,746 |
Rental Market Trends
The current average rental value in the postcode is £1,671.
The CM23 3PW Rental Market has increased by 49.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,671pcm |
| June 2025 | 6.7% | £1,619pcm |
| June 2024 | 7.4% | £1,517pcm |
| June 2023 | 5.6% | £1,412pcm |
| June 2022 | 7.2% | £1,338pcm |
| June 2021 | 3.3% | £1,248pcm |
| June 2020 | 3.3% | £1,208pcm |
| June 2019 | 0.8% | £1,170pcm |
| June 2018 | 0.4% | £1,160pcm |
| June 2017 | 3.2% | £1,156pcm |
| June 2016 | 4.6% | £1,121pcm |
| June 2015 | 8.4% | £1,071pcm |
| June 2014 | 3.2% | £988pcm |
| June 2013 | 2.4% | £958pcm |
| June 2012 | 2.6% | £935pcm |
| June 2011 | 5% | £911pcm |
| June 2010 | 6.4% | £868pcm |
| June 2009 | -4.7% | £816pcm |
| June 2008 | 3.6% | £856pcm |
| June 2007 | 0% | £826pcm |
Sales History
The last sale was on 15th January 2026 for £388,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 44 sales since 1995.
CM23 3PW has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Jan 2026£388,000 | 3 Bed House24, Norfolk Way, Bishop's Stortford, CM23 3PW24, Norfolk Way, Bishop's Stortford, CM23 3PW
- Sold Nov 2024£370,000 | 3 Bed House26, Norfolk Way, Bishop's Stortford, CM23 3PW26, Norfolk Way, Bishop's Stortford, CM23 3PW
- Sold Sep 2024£370,000 | 3 Bed House20, Norfolk Way, Bishop's Stortford, CM23 3PW20, Norfolk Way, Bishop's Stortford, CM23 3PW
- Sold Jul 2023£287,000 | 2 Bed House14, Norfolk Way, Bishop's Stortford, CM23 3PW14, Norfolk Way, Bishop's Stortford, CM23 3PW
- Sold Nov 2022£342,000 | 3 Bed House38, Norfolk Way, Bishop's Stortford, CM23 3PW38, Norfolk Way, Bishop's Stortford, CM23 3PW
Nearby Postcodes
CM23 3PW is the 780th largest and the 247th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 3PT, Lower Park Crescent, Bishop's Stortford, CM23CM23 3PT22 Addresses|51 m away
- CM23 3PN, Norfolk Way, Bishop's Stortford, CM23CM23 3PN44 Addresses|69 m away
- CM23 3PX, Apsley Close, Bishop's Stortford, CM23CM23 3PX22 Addresses|70 m away
- CM23 3PU, Lower Park Crescent, Bishop's Stortford, CM23CM23 3PU28 Addresses|86 m away
- CM23 3QE, Patricia Gardens, Bishop's Stortford, CM23CM23 3QE37 Addresses|111 m away
Property Types
- 1 modern house built after 1980
- 14 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 9 other addresses of unknown type
- modern house (1)
- mid-century house (14)
- early-century house (1)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (0)
- C (7)
- G (0)
- D (8)
- No EPC (9)
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 School400 m away
- St Michael's Church of England 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 College1.4 km away
More reading links
Public Transport Nearby
The closest station to CM23 3PW 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
