Parsonage Lane - CM23 5BD
Key Postcode Insights
CM23 5BD is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 11 addresses.
It ranks as the 439th largest and 784th 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 11 properties: 11 houses.
- Ave. Sale Price
- £566,002
- 10 Year change
- up 15.3%
- Ave. Rental Price
- £2,008pcm
- 10 Year change
- up 48.8%
- Ave. £ per ft²
- £466/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
CM23 5BD is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 11 addresses.
It ranks as the 439th largest and 784th 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 11 properties: 11 houses.
- Ave. Sale Price
- £566,002
- 10 Year change
- up 15.3%
- Ave. Rental Price
- £2,008pcm
- 10 Year change
- up 48.8%
- Ave. £ per ft²
- £466/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin CM23 5BD
- Lodge
4 Bed Mid-century House
- 143 Parsonage Lane
House
- 145 Parsonage Lane
House
- 147 Parsonage Lane
4 Bed Modern House
- 149 Parsonage Lane
4 Bed House
Sales Market Trends
The last sale in CM23 5BD sold for £615,000 on 24th March 2026. Since then prices are down an average of 0.5%.
The current average value in the postcode is £566,002.
The CM23 5BD Sales Market has increased by 15.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £566,002 |
| June 2025 | 1.7% | £582,972 |
| June 2024 | -3.7% | £573,458 |
| June 2023 | 0.3% | £595,197 |
| June 2022 | 7.9% | £593,660 |
| June 2021 | 6.6% | £550,371 |
| June 2020 | 2.2% | £516,073 |
| June 2019 | -1.2% | £505,096 |
| June 2018 | 1.7% | £510,984 |
| June 2017 | 2.4% | £502,406 |
| June 2016 | 10.3% | £490,704 |
| June 2015 | 11.5% | £444,939 |
| June 2014 | 9.9% | £399,024 |
| June 2013 | 0.9% | £363,204 |
| June 2012 | 2.4% | £359,987 |
| June 2011 | 2.7% | £351,684 |
| June 2010 | 14.2% | £342,515 |
| June 2009 | -11.5% | £300,028 |
| June 2008 | -0.4% | £338,925 |
| June 2007 | 0% | £340,168 |
Rental Market Trends
The current average rental value in the postcode is £2,008.
The CM23 5BD Rental Market has increased by 48.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,008pcm |
| June 2025 | 6.6% | £1,951pcm |
| June 2024 | 6.7% | £1,830pcm |
| June 2023 | 6.5% | £1,715pcm |
| June 2022 | 7% | £1,610pcm |
| June 2021 | 3.9% | £1,504pcm |
| June 2020 | 3.2% | £1,448pcm |
| June 2019 | 0.9% | £1,403pcm |
| June 2018 | 0.4% | £1,390pcm |
| June 2017 | 2.6% | £1,385pcm |
| June 2016 | 3.5% | £1,349pcm |
| June 2015 | 7.6% | £1,303pcm |
| June 2014 | 3% | £1,211pcm |
| June 2013 | 1.4% | £1,176pcm |
| June 2012 | 2.7% | £1,159pcm |
| June 2011 | 5.8% | £1,129pcm |
| June 2010 | 7.6% | £1,066pcm |
| June 2009 | -4.4% | £991pcm |
| June 2008 | 4% | £1,037pcm |
| June 2007 | 0% | £997pcm |
Sales History
The last sale was on 24th March 2026 for £615,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 13 sales since 1995.
CM23 5BD has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£615,000 | 4 Bed House151, Parsonage Lane, Bishop's Stortford, CM23 5BD151, Parsonage Lane, Bishop's Stortford, CM23 5BD
- Sold Jun 2021£592,500 | 4 Bed House147, Parsonage Lane, Bishop's Stortford, CM23 5BD147, Parsonage Lane, Bishop's Stortford, CM23 5BD
- Sold Jun 2015£425,000 | 4 Bed House149, Parsonage Lane, Bishop's Stortford, CM23 5BD149, Parsonage Lane, Bishop's Stortford, CM23 5BD
- Sold Jul 2014£355,000 | 4 Bed House159, Parsonage Lane, Bishop's Stortford, CM23 5BD159, Parsonage Lane, Bishop's Stortford, CM23 5BD
- Sold Aug 2013£356,000 | 4 Bed House151, Parsonage Lane, Bishop's Stortford, CM23 5BD151, Parsonage Lane, Bishop's Stortford, CM23 5BD
Nearby Postcodes
CM23 5BD is the 439th largest and the 784th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5BX, Heath Row, Bishop's Stortford, CM23CM23 5BX5 Addresses|66 m away
- CM23 5BT, The Copse, Bishop's Stortford, CM23CM23 5BT6 Addresses|72 m away
- CM23 5BP, Ascot Close, Bishop's Stortford, CM23CM23 5BP36 Addresses|91 m away
- CM23 5BZ, Heath Row, Bishop's Stortford, CM23CM23 5BZ9 Addresses|114 m away
- CM23 5BS, Woodlands, Bishop's Stortford, CM23CM23 5BS29 Addresses|134 m away
Property Types
- 1 modern house built after 1980
- 4 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- modern house (1)
- mid-century house (4)
- house (1)
- early-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (6)
- No EPC (5)
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
- Summercroft Primary School200 m away
- All Saints Church of England Primary School and Nursery, Bishop's Stortford400 m away
- Thorn Grove Primary School1.3 km away
- Birchwood High School100 m away
- Hockerill Anglo-European College800 m away
- The Hertfordshire & Essex High School and Science College1.0 km away
More reading links
Public Transport Nearby
The closest station to CM23 5BD is Bishops Stortford station, which is 1.4 kilometres away.
- Bishops Stortford|1.4 km away
- Stansted Mountfitchet|3.2 km away
- Stansted Airport|5.7 km away
- Elsenham (Essex)|6.0 km away
