Parsonage Lane - CM23 5BB
Key Postcode Insights
CM23 5BB is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 12 addresses.
It ranks as the 480th largest and 975th 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 12 properties: 12 houses.
- Ave. Sale Price
- £808,453
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £2,600pcm
- 10 Year change
- up 48.9%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
CM23 5BB is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 12 addresses.
It ranks as the 480th largest and 975th 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 12 properties: 12 houses.
- Ave. Sale Price
- £808,453
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £2,600pcm
- 10 Year change
- up 48.9%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Propertiesin CM23 5BB
- 119 Parsonage Lane
Unknown
- 121 Parsonage Lane
5 Bed Early-century House
- 123 Parsonage Lane
5 Bed Early-century House
- 125 Parsonage Lane
5 Bed Mid-century House
- 127 Parsonage Lane
5 Bed Early-century House
Sales Market Trends
The last sale in CM23 5BB sold for £599,995 on 11th September 2025. Since then prices are down an average of 1.6%.
The current average value in the postcode is £808,453.
The CM23 5BB Sales Market has increased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £808,453 |
| June 2025 | 2% | £831,719 |
| June 2024 | -3.8% | £815,528 |
| June 2023 | 0.1% | £847,571 |
| June 2022 | 8% | £846,646 |
| June 2021 | 6.9% | £783,988 |
| June 2020 | 1.6% | £733,102 |
| June 2019 | -1.2% | £721,294 |
| June 2018 | 1.9% | £730,309 |
| June 2017 | 2.5% | £716,897 |
| June 2016 | 10.8% | £699,308 |
| June 2015 | 11.9% | £630,912 |
| June 2014 | 10.2% | £563,928 |
| June 2013 | 1.3% | £511,848 |
| June 2012 | 2.2% | £505,152 |
| June 2011 | 2.5% | £494,311 |
| June 2010 | 13.6% | £482,143 |
| June 2009 | -11.7% | £424,252 |
| June 2008 | -0.7% | £480,381 |
| June 2007 | 0% | £483,604 |
Rental Market Trends
The current average rental value in the postcode is £2,600.
The CM23 5BB Rental Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £2,600pcm |
| June 2025 | 6.7% | £2,524pcm |
| June 2024 | 7% | £2,366pcm |
| June 2023 | 6% | £2,211pcm |
| June 2022 | 7.1% | £2,086pcm |
| June 2021 | 3.8% | £1,947pcm |
| June 2020 | 3.1% | £1,875pcm |
| June 2019 | 0.9% | £1,819pcm |
| June 2018 | 0.4% | £1,803pcm |
| June 2017 | 2.8% | £1,795pcm |
| June 2016 | 4% | £1,746pcm |
| June 2015 | 7.9% | £1,678pcm |
| June 2014 | 3% | £1,556pcm |
| June 2013 | 1.8% | £1,511pcm |
| June 2012 | 2.7% | £1,484pcm |
| June 2011 | 5.4% | £1,444pcm |
| June 2010 | 7% | £1,370pcm |
| June 2009 | -4.3% | £1,280pcm |
| June 2008 | 3.5% | £1,337pcm |
| June 2007 | 0% | £1,292pcm |
Sales History
The last sale was on 11th September 2025 for £599,995 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 18 sales since 1995.
CM23 5BB has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£599,995 | 4 Bed House139, Parsonage Lane, Bishop's Stortford, CM23 5BB139, Parsonage Lane, Bishop's Stortford, CM23 5BB
- Sold Mar 2025£745,000 | 4 Bed House133, Parsonage Lane, Bishop's Stortford, CM23 5BB133, Parsonage Lane, Bishop's Stortford, CM23 5BB
- Sold Jul 2024£920,000 | 5 Bed House121, Parsonage Lane, Bishop's Stortford, CM23 5BB121, Parsonage Lane, Bishop's Stortford, CM23 5BB
- Sold May 2023£900,000 | 5 Bed House127, Parsonage Lane, Bishop's Stortford, CM23 5BB127, Parsonage Lane, Bishop's Stortford, CM23 5BB
- Sold Dec 2020£460,000 | 4 Bed House139, Parsonage Lane, Bishop's Stortford, CM23 5BB139, Parsonage Lane, Bishop's Stortford, CM23 5BB
Nearby Postcodes
CM23 5BB is the 480th largest and the 975th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5BG, Parsonage Lane, Bishop's Stortford, CM23CM23 5BG11 Addresses|49 m away
- CM23 5BZ, Heath Row, Bishop's Stortford, CM23CM23 5BZ9 Addresses|82 m away
- CM23 5BX, Heath Row, Bishop's Stortford, CM23CM23 5BX5 Addresses|110 m away
- CM23 5BN, Plaw Hatch Close, Bishop's Stortford, CM23CM23 5BN32 Addresses|118 m away
- CM23 5BU, Heath Row, Bishop's Stortford, CM23CM23 5BU5 Addresses|126 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (5)
- house (1)
- early-century house (4)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (9)
- No EPC (3)
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 Stortford200 m away
- Summercroft Primary School300 m away
- Thorn Grove Primary School1.3 km away
- Birchwood High School200 m away
- Hockerill Anglo-European College700 m away
- The Hertfordshire & Essex High School and Science College1.0 km away
More reading links
Public Transport Nearby
The closest station to CM23 5BB is Bishops Stortford station, which is 1.4 kilometres away.
- Bishops Stortford|1.4 km away
- Stansted Mountfitchet|3.2 km away
- Stansted Airport|5.8 km away
- Elsenham (Essex)|6.1 km away
