Parsonage Lane - CM23 5BG
Key Postcode Insights
CM23 5BG is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 11 addresses.
It ranks as the 441st largest of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 11 properties: 6 houses and 5 other properties.
- Ave. Sale Price
- £817,591
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £2,503pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £463/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
CM23 5BG is a residential postcode situated on Parsonage Lane, Bishop's Stortford, CM23 with 11 addresses.
It ranks as the 441st largest of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 11 properties: 6 houses and 5 other properties.
- Ave. Sale Price
- £817,591
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £2,503pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £463/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Properties in CM23 5BG
- 24 Parsonage Lane
House
- 26 Parsonage Lane
5 Bed Early-century House
- 28 Parsonage Lane
House
- 30 Parsonage Lane
5 Bed Mid-century House
- 32 Parsonage Lane
4 Bed Early-century House
Sales Market Trends
The last sale in CM23 5BG sold for £910,000 on 23rd April 2026. Since then prices are down an average of 0.2%.
The current average value in the postcode is £817,591.
The CM23 5BG Sales Market has increased by 15.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.1% | £817,591 |
| July 2025 | 1.9% | £835,470 |
| July 2024 | -3.5% | £820,178 |
| July 2023 | -0.3% | £850,140 |
| July 2022 | 7.8% | £852,971 |
| July 2021 | 6.8% | £791,074 |
| July 2020 | 1.8% | £740,605 |
| July 2019 | -1.2% | £727,534 |
| July 2018 | 1.2% | £736,690 |
| July 2017 | 2.6% | £728,291 |
| July 2016 | 10.4% | £709,555 |
| July 2015 | 11.1% | £642,915 |
| July 2014 | 11.6% | £578,848 |
| July 2013 | 1.4% | £518,790 |
| July 2012 | 2% | £511,816 |
| July 2011 | 2.2% | £501,601 |
| July 2010 | 13.6% | £490,846 |
| July 2009 | -9.4% | £432,177 |
| July 2008 | -3.3% | £476,759 |
| July 2007 | 0% | £492,978 |
Rental Market Trends
The current average rental value in the postcode is £2,503.
The CM23 5BG Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.7% | £2,503pcm |
| July 2025 | 6.7% | £2,436pcm |
| July 2024 | 6.3% | £2,283pcm |
| July 2023 | 5% | £2,146pcm |
| July 2022 | 8.7% | £2,043pcm |
| July 2021 | 3.7% | £1,880pcm |
| July 2020 | 2.1% | £1,812pcm |
| July 2019 | 1.6% | £1,775pcm |
| July 2018 | 0.3% | £1,747pcm |
| July 2017 | 2.7% | £1,742pcm |
| July 2016 | 3.4% | £1,696pcm |
| July 2015 | 7.7% | £1,640pcm |
| July 2014 | 3.9% | £1,522pcm |
| July 2013 | 1.5% | £1,465pcm |
| July 2012 | 2.4% | £1,443pcm |
| July 2011 | 6% | £1,409pcm |
| July 2010 | 7.8% | £1,330pcm |
| July 2009 | -3.9% | £1,233pcm |
| July 2008 | 2.7% | £1,283pcm |
| July 2007 | 0% | £1,250pcm |
Sales History
The last recorded sale was on 23rd April 2026 for £910,000 and since then the market in the area has decreased by 0.2%.
CM23 5BG has had 3 sales since 1995, with 2 in the last three years and 1 in the last twelve months.
- Sold Apr 2026£910,000 | 5 Bed House40, Parsonage Lane, Bishop's Stortford, CM23 5BG40, Parsonage Lane, Bishop's Stortford, CM23 5BG
- Sold Nov 2023£925,000 | 5 Bed House34, Parsonage Lane, Bishop's Stortford, CM23 5BG34, Parsonage Lane, Bishop's Stortford, CM23 5BG
- Sold Mar 2022£740,000 | 4 Bed House32, Parsonage Lane, Bishop's Stortford, CM23 5BG32, Parsonage Lane, Bishop's Stortford, CM23 5BG
Nearby Postcodes
CM23 5BG is the 441st largest and the 986th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5BB, Parsonage Lane, Bishop's Stortford, CM23CM23 5BB12 Addresses|49 m away
- CM23 5BN, Plaw Hatch Close, Bishop's Stortford, CM23CM23 5BN32 Addresses|72 m away
- CM23 5BZ, Heath Row, Bishop's Stortford, CM23CM23 5BZ9 Addresses|126 m away
- CM23 5BL, Plaw Hatch Close, Bishop's Stortford, CM23CM23 5BL39 Addresses|133 m away
- CM23 5BE, Parsonage Lane, Bishop's Stortford, CM23CM23 5BE11 Addresses|136 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- 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
- All Saints Church of England Primary School and Nursery, Bishop's Stortford200 m away
- Summercroft Primary School300 m away
- Thorn Grove Primary School1.2 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 5BG is Bishops Stortford station, which is 1.3 kilometres away.
- Bishops Stortford|1.3 km away
- Stansted Mountfitchet|3.3 km away
- Stansted Airport|5.8 km away
- Elsenham (Essex)|6.1 km away
