Prestwick Drive - CM23 5ER
Key Postcode Insights
CM23 5ER is a residential postcode situated on Prestwick Drive, Bishop's Stortford, CM23 with 38 addresses.
It ranks as the 954th largest and 672nd 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 38 properties: 38 houses.
- Ave. Sale Price
- £557,174
- 10 Year change
- up 15.5%
- Ave. Rental Price
- £2,043pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £482/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
CM23 5ER is a residential postcode situated on Prestwick Drive, Bishop's Stortford, CM23 with 38 addresses.
It ranks as the 954th largest and 672nd 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 38 properties: 38 houses.
- Ave. Sale Price
- £557,174
- 10 Year change
- up 15.5%
- Ave. Rental Price
- £2,043pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £482/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin CM23 5ER
- 1 Prestwick Drive
House
- 3 Prestwick Drive
House
- 5 Prestwick Drive
4 Bed Mid-century House
- 7 Prestwick Drive
4 Bed Mid-century House
- 9 Prestwick Drive
House
Sales Market Trends
The last sale in CM23 5ER sold for £650,000 on 23rd August 2023. Since then prices are down an average of 3.1%.
The current average value in the postcode is £557,174.
The CM23 5ER Sales Market has increased by 15.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £557,174 |
| June 2025 | 1.9% | £573,005 |
| June 2024 | -3.6% | £562,364 |
| June 2023 | -0.2% | £583,163 |
| June 2022 | 8.1% | £584,154 |
| June 2021 | 6.8% | £540,540 |
| June 2020 | 1.9% | £506,043 |
| June 2019 | -1.4% | £496,408 |
| June 2018 | 1.7% | £503,354 |
| June 2017 | 2.6% | £494,899 |
| June 2016 | 10.7% | £482,313 |
| June 2015 | 12% | £435,604 |
| June 2014 | 10.3% | £389,047 |
| June 2013 | 1.1% | £352,872 |
| June 2012 | 2.5% | £348,966 |
| June 2011 | 2.3% | £340,435 |
| June 2010 | 13.5% | £332,820 |
| June 2009 | -11.6% | £293,237 |
| June 2008 | -0.7% | £331,787 |
| June 2007 | 0% | £334,027 |
Rental Market Trends
The current average rental value in the postcode is £2,043.
The CM23 5ER Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £2,043pcm |
| June 2025 | 6.8% | £1,982pcm |
| June 2024 | 6.8% | £1,856pcm |
| June 2023 | 6.1% | £1,737pcm |
| June 2022 | 7.2% | £1,637pcm |
| June 2021 | 4.1% | £1,527pcm |
| June 2020 | 2.9% | £1,466pcm |
| June 2019 | 0.8% | £1,424pcm |
| June 2018 | 0.4% | £1,413pcm |
| June 2017 | 2.8% | £1,408pcm |
| June 2016 | 3.9% | £1,370pcm |
| June 2015 | 8% | £1,318pcm |
| June 2014 | 3.3% | £1,221pcm |
| June 2013 | 1.7% | £1,181pcm |
| June 2012 | 2.8% | £1,162pcm |
| June 2011 | 5.5% | £1,130pcm |
| June 2010 | 6.9% | £1,072pcm |
| June 2009 | -4.5% | £1,003pcm |
| June 2008 | 3.7% | £1,050pcm |
| June 2007 | 0% | £1,013pcm |
Sales History
The last sale was on 23rd August 2023 for £650,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 25 sales since 1995.
CM23 5ER has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£650,000 | 4 Bed House7, Prestwick Drive, Bishop's Stortford, CM23 5ER7, Prestwick Drive, Bishop's Stortford, CM23 5ER
- Sold Oct 2022£500,000 | 3 Bed House49, Prestwick Drive, Bishop's Stortford, CM23 5ER49, Prestwick Drive, Bishop's Stortford, CM23 5ER
- Sold Aug 2019£417,000 | 3 Bed House49, Prestwick Drive, Bishop's Stortford, CM23 5ER49, Prestwick Drive, Bishop's Stortford, CM23 5ER
- Sold Jul 2019£420,000 | 3 Bed House19, Prestwick Drive, Bishop's Stortford, CM23 5ER19, Prestwick Drive, Bishop's Stortford, CM23 5ER
- Sold Oct 2018£530,000 | 5 Bed House23, Prestwick Drive, Bishop's Stortford, CM23 5ER23, Prestwick Drive, Bishop's Stortford, CM23 5ER
Nearby Postcodes
CM23 5ER is the 954th largest and the 672nd most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5ES, Prestwick Drive, Bishop's Stortford, CM23CM23 5ES31 Addresses|36 m away
- CM23 5DF, Heath Row, Bishop's Stortford, CM23CM23 5DF19 Addresses|79 m away
- CM23 5ET, Rochford Road, Bishop's Stortford, CM23CM23 5ET20 Addresses|89 m away
- CM23 5DL, Heath Row, Bishop's Stortford, CM23CM23 5DL4 Addresses|102 m away
- CM23 5DJ, Heath Row, Bishop's Stortford, CM23CM23 5DJ8 Addresses|123 m away
Property Types
- 14 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 23 other addresses of unknown type
- mid-century house (14)
- house (1)
- Unknown (23)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (9)
- No EPC (24)
Top 3 Most Expensive Sales
- Sold Sep 2025£730,000 | 4 Bed House22, Prestwick Drive, Bishop's Stortford, CM23 5ES22, Prestwick Drive, Bishop's Stortford, CM23 5ES
- Sold Aug 2023£650,000 | 4 Bed House7, Prestwick Drive, Bishop's Stortford, CM23 5ER7, Prestwick Drive, Bishop's Stortford, CM23 5ER
- Sold Aug 2024£630,000 | 4 Bed House58, Prestwick Drive, Bishop's Stortford, CM23 5ES58, Prestwick Drive, Bishop's Stortford, CM23 5ES
Schools Nearby
- All Saints Church of England Primary School and Nursery, Bishop's Stortford400 m away
- Summercroft Primary School700 m away
- Birchanger Church of England Voluntary Controlled Primary School1.3 km away
- Birchwood High School600 m away
- Hockerill Anglo-European College900 m away
- The Hertfordshire & Essex High School and Science College1.2 km away
More reading links
Public Transport Nearby
The closest station to CM23 5ER is Bishops Stortford station, which is 1.5 kilometres away.
- Bishops Stortford|1.5 km away
- Stansted Mountfitchet|3.0 km away
- Elsenham (Essex)|5.9 km away
- Stansted Airport|5.9 km away
