Parsonage Lane - CM23 5BE
Key Postcode Insights
CM23 5BE is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 11 addresses.
It ranks as the 440th largest and 876th 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
- £661,020
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £2,114pcm
- 10 Year change
- up 48.9%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
CM23 5BE is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 11 addresses.
It ranks as the 440th largest and 876th 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
- £661,020
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £2,114pcm
- 10 Year change
- up 48.9%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Propertiesin CM23 5BE
- 2 Parsonage Lane
3 Bed Mid-century House
- 4 Parsonage Lane
5 Bed Mid-century House
- 6 Parsonage Lane
Unknown
- 8 Parsonage Lane
5 Bed Early-century House
- 10 Parsonage Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in CM23 5BE sold for £675,000 on 26th March 2021. Since then prices are up an average of 4.8%.
The current average value in the postcode is £661,020.
The CM23 5BE Sales Market has increased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £661,020 |
| June 2025 | 2% | £680,043 |
| June 2024 | -3.8% | £666,805 |
| June 2023 | 0.1% | £693,004 |
| June 2022 | 8% | £692,248 |
| June 2021 | 6.9% | £641,016 |
| June 2020 | 1.6% | £599,410 |
| June 2019 | -1.2% | £589,756 |
| June 2018 | 1.9% | £597,126 |
| June 2017 | 2.5% | £586,160 |
| June 2016 | 10.8% | £571,779 |
| June 2015 | 11.9% | £515,856 |
| June 2014 | 10.2% | £461,087 |
| June 2013 | 1.3% | £418,505 |
| June 2012 | 2.2% | £413,030 |
| June 2011 | 2.5% | £404,166 |
| June 2010 | 13.6% | £394,217 |
| June 2009 | -11.7% | £346,884 |
| June 2008 | -0.7% | £392,777 |
| June 2007 | 0% | £395,412 |
Rental Market Trends
The current average rental value in the postcode is £2,114.
The CM23 5BE Rental Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £2,114pcm |
| June 2025 | 6.7% | £2,052pcm |
| June 2024 | 7% | £1,924pcm |
| June 2023 | 6% | £1,797pcm |
| June 2022 | 7.1% | £1,696pcm |
| June 2021 | 3.8% | £1,583pcm |
| June 2020 | 3.1% | £1,524pcm |
| June 2019 | 0.9% | £1,478pcm |
| June 2018 | 0.4% | £1,465pcm |
| June 2017 | 2.8% | £1,459pcm |
| June 2016 | 4% | £1,419pcm |
| June 2015 | 7.9% | £1,364pcm |
| June 2014 | 3% | £1,265pcm |
| June 2013 | 1.8% | £1,228pcm |
| June 2012 | 2.7% | £1,206pcm |
| June 2011 | 5.4% | £1,174pcm |
| June 2010 | 7% | £1,114pcm |
| June 2009 | -4.3% | £1,041pcm |
| June 2008 | 3.5% | £1,087pcm |
| June 2007 | 0% | £1,050pcm |
Sales History
The last sale was on 26th March 2021 for £675,000 and since then the market in the area has increased by 4.8%. The postcode has had a total of 11 sales since 1995.
CM23 5BE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2021£675,000 | 4 Bed House20, Parsonage Lane, Bishop's Stortford, CM23 5BE20, Parsonage Lane, Bishop's Stortford, CM23 5BE
- Sold Nov 2020£725,000 | 5 Bed House8, Parsonage Lane, Bishop's Stortford, CM23 5BE8, Parsonage Lane, Bishop's Stortford, CM23 5BE
- Sold Sep 2019£400,000 | 5 Bed House4, Parsonage Lane, Bishop's Stortford, CM23 5BE4, Parsonage Lane, Bishop's Stortford, CM23 5BE
- Sold Feb 2017£660,000 | 5 Bed House8, Parsonage Lane, Bishop's Stortford, CM23 5BE8, Parsonage Lane, Bishop's Stortford, CM23 5BE
- Sold May 2016£475,000 | 3 Bed House2, Parsonage Lane, Bishop's Stortford, CM23 5BE2, Parsonage Lane, Bishop's Stortford, CM23 5BE
Nearby Postcodes
CM23 5BE is the 440th largest and the 876th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5BA, Parsonage Lane, Bishop's Stortford, CM23CM23 5BA20 Addresses|74 m away
- CM23 5EJ, Manston Drive, Bishop's Stortford, CM23CM23 5EJ40 Addresses|117 m away
- CM23 5BG, Parsonage Lane, Bishop's Stortford, CM23CM23 5BG11 Addresses|136 m away
- CM23 5BH, Plaw Hatch Close, Bishop's Stortford, CM23CM23 5BH44 Addresses|147 m away
- CM23 5BB, Parsonage Lane, Bishop's Stortford, CM23CM23 5BB12 Addresses|149 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (5)
- early-century house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- 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 Stortford100 m away
- Summercroft Primary School400 m away
- Thorn Grove Primary School1.2 km away
- Birchwood High School400 m away
- Hockerill Anglo-European College600 m away
- The Hertfordshire & Essex High School and Science College900 m away
More reading links
Public Transport Nearby
The closest station to CM23 5BE is Bishops Stortford station, which is 1.3 kilometres away.
- Bishops Stortford|1.3 km away
- Stansted Mountfitchet|3.3 km away
- Stansted Airport|5.9 km away
- Elsenham (Essex)|6.1 km away
