Elizabeth Road - CM23 3RL
Key Postcode Insights
CM23 3RL is a residential postcode situated on Elizabeth Road, Bishop's Stortford, CM23 with 8 addresses.
It ranks as the 312th largest and 60th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £230,248
- 10 Year change
- up 2.3%
- Ave. Rental Price
- £1,219pcm
- 10 Year change
- up 31.6%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
CM23 3RL is a residential postcode situated on Elizabeth Road, Bishop's Stortford, CM23 with 8 addresses.
It ranks as the 312th largest and 60th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £230,248
- 10 Year change
- up 2.3%
- Ave. Rental Price
- £1,219pcm
- 10 Year change
- up 31.6%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin CM23 3RL
- 29 Elizabeth Road
Unknown
- 31 Elizabeth Road
Unknown
- 33 Elizabeth Road
2 Bed Mid-century Flat
- 35 Elizabeth Road
2 Bed Early-century Flat
- 37 Elizabeth Road
2 Bed Early-century Flat
Sales Market Trends
The current average value in the postcode is £230,248.
The CM23 3RL Sales Market has increased by 2.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £230,248 |
| June 2025 | 0.6% | £234,554 |
| June 2024 | -2.6% | £233,104 |
| June 2023 | -1.1% | £239,445 |
| June 2022 | 4.7% | £242,095 |
| June 2021 | 3% | £231,268 |
| June 2020 | 0.3% | £224,456 |
| June 2019 | -1.7% | £223,781 |
| June 2018 | 0.6% | £227,654 |
| June 2017 | 0.5% | £226,213 |
| June 2016 | 13% | £225,118 |
| June 2015 | 11.8% | £199,205 |
| June 2014 | 9.2% | £178,230 |
| June 2013 | 2.5% | £163,193 |
| June 2012 | 0.4% | £159,146 |
| June 2011 | 0.3% | £158,488 |
| June 2010 | 9.6% | £157,958 |
| June 2009 | -14.3% | £144,096 |
| June 2008 | -0.5% | £168,076 |
| June 2007 | 0% | £168,908 |
Rental Market Trends
The current average rental value in the postcode is £1,219.
The CM23 3RL Rental Market has increased by 31.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,219pcm |
| June 2025 | 5% | £1,172pcm |
| June 2024 | 8.7% | £1,116pcm |
| June 2023 | 4.3% | £1,027pcm |
| June 2022 | 3.8% | £984pcm |
| June 2021 | -0.3% | £948pcm |
| June 2020 | 2.2% | £950pcm |
| June 2019 | 0.4% | £930pcm |
| June 2018 | -0.9% | £926pcm |
| June 2017 | 0.8% | £935pcm |
| June 2016 | 6% | £927pcm |
| June 2015 | 7.7% | £874pcm |
| June 2014 | 1.9% | £812pcm |
| June 2013 | 3% | £797pcm |
| June 2012 | 1.1% | £774pcm |
| June 2011 | 2.9% | £765pcm |
| June 2010 | 3.2% | £744pcm |
| June 2009 | -6.7% | £720pcm |
| June 2008 | 3.6% | £772pcm |
| June 2007 | 0% | £746pcm |
Nearby Postcodes
CM23 3RL is the 312th largest and the 60th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 3PE, Havers Lane, Bishop's Stortford, CM23CM23 3PE6 Addresses|48 m away
- CM23 3WD, Merrill Place, Bishop's Stortford, CM23CM23 3WD12 Addresses|60 m away
- CM23 3PQ, Havers Parade, Bishop's Stortford, CM23CM23 3PQ2 Addresses|63 m away
- CM23 3GB, Havers Lane, Bishop's Stortford, CM23CM23 3GB13 Addresses|73 m away
- CM23 3PP, Norfolk Way, Bishop's Stortford, CM23CM23 3PP6 Addresses|90 m away
Property Types
- 1 mid-century flat built between 1936 and 1979
- 2 early-century flats built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century flat (1)
- early-century flat (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Nov 2014£662,500 | 5 Bed House36, Elizabeth Road, Bishop's Stortford, CM23 3RN36, Elizabeth Road, Bishop's Stortford, CM23 3RN
- Sold Aug 2022£440,000 | 3 Bed House20, Elizabeth Road, Bishop's Stortford, CM23 3RN20, Elizabeth Road, Bishop's Stortford, CM23 3RN
- Sold Sep 2023£415,000 | 3 Bed House12, Elizabeth Road, Bishop's Stortford, CM23 3RN12, Elizabeth Road, Bishop's Stortford, CM23 3RN
Schools Nearby
- Richard Whittington Primary School600 m away
- Thorley Hill Primary School700 m away
- St Michael's Church of England Primary School700 m away
- St Mary's Catholic School1.0 km away
- The Hertfordshire & Essex High School and Science College1.3 km away
- The Bishop's Stortford High School1.4 km away
More reading links
Public Transport Nearby
The closest station to CM23 3RL is Bishops Stortford station, which is 900 metres away.
- Bishops Stortford|900 m away
- Sawbridgeworth|5.3 km away
- Stansted Mountfitchet|5.4 km away
- Stansted Airport|7.9 km away