Parsonage Lane - CM23 5AA
Key Postcode Insights
CM23 5AA is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 8 addresses.
It ranks as the 322nd largest and 317th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £410,553
- 10 Year change
- up 15.9%
- Ave. Rental Price
- £1,856pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
CM23 5AA is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 8 addresses.
It ranks as the 322nd largest and 317th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £410,553
- 10 Year change
- up 15.9%
- Ave. Rental Price
- £1,856pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin CM23 5AA
- Hill House 1A Parsonage Lane
4 Bed Modern House
- 1 Parsonage Lane
4 Bed Period House
- 3 Parsonage Lane
Unknown
- 5 Parsonage Lane
Unknown
Sales Market Trends
The last sale in CM23 5AA sold for £390,000 on 11th November 2024. Since then prices are down an average of 1.2%.
The current average value in the postcode is £410,553.
The CM23 5AA Sales Market has increased by 15.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £410,553 |
| June 2025 | 2.1% | £421,466 |
| June 2024 | -3.6% | £412,692 |
| June 2023 | -0.1% | £428,216 |
| June 2022 | 8.2% | £428,530 |
| June 2021 | 6.5% | £396,224 |
| June 2020 | 1.7% | £371,916 |
| June 2019 | -1.3% | £365,752 |
| June 2018 | 1.8% | £370,710 |
| June 2017 | 2.8% | £364,252 |
| June 2016 | 11.4% | £354,276 |
| June 2015 | 12.5% | £318,082 |
| June 2014 | 10.7% | £282,671 |
| June 2013 | 1.8% | £255,282 |
| June 2012 | 2.1% | £250,781 |
| June 2011 | 2.1% | £245,577 |
| June 2010 | 12.8% | £240,435 |
| June 2009 | -12.4% | £213,100 |
| June 2008 | -0.3% | £243,334 |
| June 2007 | 0% | £243,976 |
Rental Market Trends
The current average rental value in the postcode is £1,856.
The CM23 5AA Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,856pcm |
| June 2025 | 6.8% | £1,798pcm |
| June 2024 | 7.2% | £1,683pcm |
| June 2023 | 5.8% | £1,570pcm |
| June 2022 | 7.3% | £1,484pcm |
| June 2021 | 3.5% | £1,383pcm |
| June 2020 | 3.2% | £1,337pcm |
| June 2019 | 0.8% | £1,296pcm |
| June 2018 | 0.3% | £1,286pcm |
| June 2017 | 3.1% | £1,282pcm |
| June 2016 | 4.5% | £1,243pcm |
| June 2015 | 8.5% | £1,189pcm |
| June 2014 | 3.5% | £1,096pcm |
| June 2013 | 2.3% | £1,059pcm |
| June 2012 | 2.7% | £1,035pcm |
| June 2011 | 5% | £1,008pcm |
| June 2010 | 6.3% | £960pcm |
| June 2009 | -5.1% | £904pcm |
| June 2008 | 3.9% | £952pcm |
| June 2007 | 0% | £916pcm |
Sales History
The last sale was on 11th November 2024 for £390,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 9 sales since 1995.
CM23 5AA has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£390,000 | 4 Bed House1, Parsonage Lane, Bishop's Stortford, CM23 5AA1, Parsonage Lane, Bishop's Stortford, CM23 5AA
- Sold Jun 2023£492,000 | 4 Bed HouseHill House 1A, Parsonage Lane, Bishop's Stortford, CM23 5AAHill House 1A, Parsonage Lane, Bishop's Stortford, CM23 5AA
- Sold Jul 2017£409,050 | 3 Bed House7, Parsonage Lane, Bishop's Stortford, CM23 5AA7, Parsonage Lane, Bishop's Stortford, CM23 5AA
- Sold Feb 2006£230,000 | 4 Bed HouseCorner House 1B, Parsonage Lane, Bishop's Stortford, CM23 5AACorner House 1B, Parsonage Lane, Bishop's Stortford, CM23 5AA
- Sold Jul 2001£205,000 | 4 Bed HouseCorner House 1B, Parsonage Lane, Bishop's Stortford, CM23 5AACorner House 1B, Parsonage Lane, Bishop's Stortford, CM23 5AA
Nearby Postcodes
CM23 5AA is the 322nd largest and the 317th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 2AS, Orchard Road, Bishop's Stortford, CM23CM23 2AS16 Addresses|64 m away
- CM23 2AT, Stansted Road, Birchanger, Bishop's Stortford, CM23CM23 2AT18 Addresses|69 m away
- CM23 5EG, Boyd Close, Bishop's Stortford, CM23CM23 5EG29 Addresses|76 m away
- CM23 2FP, Legions Way, Bishop's Stortford, CM23CM23 2FP45 Addresses|110 m away
- CM23 5EE, Heath Row, Bishop's Stortford, CM23CM23 5EE6 Addresses|113 m away
Property Types
- 3 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 4 other addresses of unknown type
- period house (3)
- modern house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2016£2,500,000 | 2 Bed Flat6 Limetree Court, Parsonage Lane, Bishop's Stortford, CM23 5FL6 Limetree Court, Parsonage Lane, Bishop's Stortford, CM23 5FL
- Sold Nov 2023£925,000 | 5 Bed House34, Parsonage Lane, Bishop's Stortford, CM23 5BG34, Parsonage Lane, Bishop's Stortford, CM23 5BG
- Sold Jul 2024£920,000 | 5 Bed House121, Parsonage Lane, Bishop's Stortford, CM23 5BB121, Parsonage Lane, Bishop's Stortford, CM23 5BB
Schools Nearby
- All Saints Church of England Primary School and Nursery, Bishop's Stortford300 m away
- Summercroft Primary School700 m away
- Thorn Grove Primary School1.3 km away
- Hockerill Anglo-European College600 m away
- Birchwood High School800 m away
- The Hertfordshire & Essex High School and Science College900 m away
More reading links
Public Transport Nearby
The closest station to CM23 5AA is Bishops Stortford station, which is 1.2 kilometres away.
- Bishops Stortford|1.2 km away
- Stansted Mountfitchet|3.4 km away
- Elsenham (Essex)|6.3 km away
- Stansted Airport|6.3 km away
