Penningtons - CM23 4LE
Key Postcode Insights
CM23 4LE is a residential postcode situated on Penningtons, Bishop's Stortford, CM23 with 30 addresses.
It ranks as the 863rd largest and 773rd most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £590,296
- 10 Year change
- up 15.5%
- Ave. Rental Price
- £2,136pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £463/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
CM23 4LE is a residential postcode situated on Penningtons, Bishop's Stortford, CM23 with 30 addresses.
It ranks as the 863rd largest and 773rd most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £590,296
- 10 Year change
- up 15.5%
- Ave. Rental Price
- £2,136pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £463/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin CM23 4LE
- 1 Penningtons
4 Bed Modern House
- 2 Penningtons
3 Bed Modern House
- 3 Penningtons
House
- 4 Penningtons
4 Bed Modern House
- 5 Penningtons
House
Sales Market Trends
The last sale in CM23 4LE sold for £570,000 on 29th August 2025. Since then prices are down an average of 1.8%.
The current average value in the postcode is £590,296.
The CM23 4LE Sales Market has increased by 15.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £590,296 |
| June 2025 | 1.9% | £608,017 |
| June 2024 | -4% | £596,696 |
| June 2023 | 0.5% | £621,310 |
| June 2022 | 7.8% | £618,053 |
| June 2021 | 6.8% | £573,391 |
| June 2020 | 1.6% | £536,701 |
| June 2019 | -1.1% | £528,045 |
| June 2018 | 1.9% | £533,719 |
| June 2017 | 2.4% | £523,729 |
| June 2016 | 10.7% | £511,235 |
| June 2015 | 11.5% | £461,847 |
| June 2014 | 9.9% | £414,193 |
| June 2013 | 1.3% | £376,856 |
| June 2012 | 1.9% | £371,980 |
| June 2011 | 3% | £365,090 |
| June 2010 | 14.2% | £354,445 |
| June 2009 | -11.6% | £310,424 |
| June 2008 | -0.5% | £351,321 |
| June 2007 | 0% | £353,154 |
Rental Market Trends
The current average rental value in the postcode is £2,136.
The CM23 4LE Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,136pcm |
| June 2025 | 6.4% | £2,076pcm |
| June 2024 | 7.2% | £1,952pcm |
| June 2023 | 6.1% | £1,821pcm |
| June 2022 | 6.9% | £1,716pcm |
| June 2021 | 3.5% | £1,605pcm |
| June 2020 | 3.4% | £1,551pcm |
| June 2019 | 1% | £1,500pcm |
| June 2018 | 0.4% | £1,484pcm |
| June 2017 | 2.8% | £1,478pcm |
| June 2016 | 3.9% | £1,438pcm |
| June 2015 | 7.5% | £1,385pcm |
| June 2014 | 2.5% | £1,288pcm |
| June 2013 | 1.7% | £1,257pcm |
| June 2012 | 2.7% | £1,235pcm |
| June 2011 | 5.6% | £1,203pcm |
| June 2010 | 7.6% | £1,139pcm |
| June 2009 | -4% | £1,059pcm |
| June 2008 | 3.6% | £1,102pcm |
| June 2007 | 0% | £1,064pcm |
Sales History
The last sale was on 29th August 2025 for £570,000 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 34 sales since 1995.
CM23 4LE has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£570,000 | 3 Bed House20, Penningtons, Bishop's Stortford, CM23 4LE20, Penningtons, Bishop's Stortford, CM23 4LE
- Sold Jan 2025£715,000 | 4 Bed House16, Penningtons, Bishop's Stortford, CM23 4LE16, Penningtons, Bishop's Stortford, CM23 4LE
- Sold Aug 2024£469,450 | 3 Bed House11, Penningtons, Bishop's Stortford, CM23 4LE11, Penningtons, Bishop's Stortford, CM23 4LE
- Sold May 2022£610,000 | 4 Bed House1, Penningtons, Bishop's Stortford, CM23 4LE1, Penningtons, Bishop's Stortford, CM23 4LE
- Sold Oct 2020£462,500 | 3 Bed House20, Penningtons, Bishop's Stortford, CM23 4LE20, Penningtons, Bishop's Stortford, CM23 4LE
Nearby Postcodes
CM23 4LE is the 863rd largest and the 773rd most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 4FR, Brewers Close, Bishop's Stortford, CM23CM23 4FR13 Addresses|83 m away
- CM23 4LF, Penningtons, Bishop's Stortford, CM23CM23 4LF41 Addresses|123 m away
- CM23 4FW, Cutlers Close, Bishop's Stortford, CM23CM23 4FW30 Addresses|126 m away
- CM23 4FL, The Thatchers, Bishop's Stortford, CM23CM23 4FL30 Addresses|136 m away
- CM23 4GU, The Thatchers, Bishop's Stortford, CM23CM23 4GU35 Addresses|167 m away
Property Types
- 9 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 17 other addresses of unknown type
- modern house (9)
- mid-century house (4)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (0)
- C (3)
- G (0)
- D (9)
- No EPC (17)
Top 3 Most Expensive Sales
- Sold Dec 2017£725,000 | 4 Bed House52, Penningtons, Bishop's Stortford, CM23 4LF52, Penningtons, Bishop's Stortford, CM23 4LF
- Sold Jan 2025£715,000 | 4 Bed House16, Penningtons, Bishop's Stortford, CM23 4LE16, Penningtons, Bishop's Stortford, CM23 4LE
- Sold Aug 2019£648,500 | 5 Bed House27, Penningtons, Bishop's Stortford, CM23 4LE27, Penningtons, Bishop's Stortford, CM23 4LE
Schools Nearby
- Manor Fields Primary School0 m away
- Richard Whittington Primary School1.0 km away
- St Joseph's Catholic Primary School B/S1.1 km away
- The Bishop's Stortford High School1.5 km away
- St Mary's Catholic School1.5 km away
- The Hertfordshire & Essex High School and Science College2.3 km away
More reading links
Public Transport Nearby
The closest station to CM23 4LE is Bishops Stortford station, which is 1.9 kilometres away.
- Bishops Stortford|1.9 km away
- Sawbridgeworth|5.3 km away
- Stansted Mountfitchet|6.2 km away
- Harlow Mill|7.8 km away
