CM23 3WD is a residential postcode situated on Merrill Place, Bishop's Stortford, CM23 with 12 addresses.
It ranks as the 468th largest and 238th most expensive of the 1,085 postcodes in the CM23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
CM23 3WD is a residential postcode situated on Merrill Place, Bishop's Stortford, CM23 with 12 addresses.
It ranks as the 468th largest and 238th most expensive of the 1,085 postcodes in the CM23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
Sale prices range from £313,371 for 3 bedroom freehold houses with a garden (721 ft2) to £386,070 for 3 bedroom freehold houses with a garden (1,022 ft2) .
Monthly rental prices range from £1,552 pcm for 3 bed houses to £1,818 pcm for 3 bed houses.
The gross rental yield is between 5.7% and 5.9%.
The average value per square foot is £420.
The current average value in the postcode is £347,757.
The CM23 3WD Sales Market has increased by 18.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.5% | £347,757 |
| April 2025 | 1.6% | £356,506 |
| April 2024 | -3.8% | £350,788 |
| April 2023 | 1.5% | £364,644 |
| April 2022 | 7.8% | £359,304 |
| April 2021 | 6.3% | £333,406 |
| April 2020 | 0.3% | £313,725 |
| April 2019 | -1.2% | £312,871 |
| April 2018 | 3% | £316,583 |
| April 2017 | 4.3% | £307,471 |
| April 2016 | 11.4% | £294,687 |
| April 2015 | 14.7% | £264,479 |
| April 2014 | 9.5% | £230,566 |
| April 2013 | 5.9% | £210,517 |
| April 2012 | 1.1% | £198,880 |
| April 2011 | 1.7% | £196,699 |
| April 2010 | 10.5% | £193,421 |
| April 2009 | -17% | £175,072 |
| April 2008 | 4.4% | £210,833 |
| April 2007 | 0% | £201,859 |
The current average rental value in the postcode is £1,685.
The CM23 3WD Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,685pcm |
| April 2025 | 7.1% | £1,638pcm |
| April 2024 | 7% | £1,530pcm |
| April 2023 | 6.4% | £1,430pcm |
| April 2022 | 7.1% | £1,345pcm |
| April 2021 | 2.3% | £1,256pcm |
| April 2020 | 2.2% | £1,227pcm |
| April 2019 | 1% | £1,201pcm |
| April 2018 | 0.2% | £1,189pcm |
| April 2017 | 4.4% | £1,186pcm |
| April 2016 | 5% | £1,136pcm |
| April 2015 | 9.3% | £1,083pcm |
| April 2014 | 4.1% | £990pcm |
| April 2013 | 4.6% | £951pcm |
| April 2012 | 2.7% | £909pcm |
| April 2011 | 4.6% | £885pcm |
| April 2010 | 3.5% | £847pcm |
| April 2009 | -6.9% | £818pcm |
| April 2008 | 5.3% | £879pcm |
| April 2007 | 0% | £835pcm |
CM23 3WD is the 468th largest and the 238th most expensive postcode out of the 1,085 postcodes in the CM23 area.
Be the first Estate
Agent here!
The closest station to CM23 3WD is Bishops Stortford station which is 900 metres away.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around CM23 3WD, 37.4% of property is socially rented and 25.3% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CM23 3WD, 20.8% of residents are recorded as possessing school level qualifications and 29.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CM23 3WD, the average age was 39.5 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CM23 3WD, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CM23 3WD, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.