Thorn Grove - CM23 5LB
Key Postcode Insights
CM23 5LB is a residential postcode situated on Thorn Grove, Bishop's Stortford, CM23 with 9 addresses.
It ranks as the 374th largest and 1064th 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 9 properties: 9 houses.
- Ave. Sale Price
- £1,290,548
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £3,941pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £566/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
CM23 5LB is a residential postcode situated on Thorn Grove, Bishop's Stortford, CM23 with 9 addresses.
It ranks as the 374th largest and 1064th 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 9 properties: 9 houses.
- Ave. Sale Price
- £1,290,548
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £3,941pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £566/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin CM23 5LB
- 1 Thorn Grove
Unknown
- 3 Thorn Grove
5 Bed Modern House
- 5 Thorn Grove
Unknown
- 7 Thorn Grove
5 Bed Modern House
- 9 Thorn Grove
5 Bed Mid-century House
Sales Market Trends
The last sale in CM23 5LB sold for £1,835,000 on 8th March 2023. Since then prices are down an average of 5.1%.
The current average value in the postcode is £1,290,548.
The CM23 5LB Sales Market has increased by 15.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £1,290,548 |
| June 2025 | 1.8% | £1,331,698 |
| June 2024 | -4.1% | £1,308,614 |
| June 2023 | 0.7% | £1,364,425 |
| June 2022 | 7.7% | £1,354,795 |
| June 2021 | 7.2% | £1,258,408 |
| June 2020 | 1.6% | £1,174,394 |
| June 2019 | -1% | £1,156,013 |
| June 2018 | 2% | £1,167,605 |
| June 2017 | 2.1% | £1,144,314 |
| June 2016 | 10.2% | £1,120,231 |
| June 2015 | 11% | £1,016,338 |
| June 2014 | 9.5% | £915,452 |
| June 2013 | 0.9% | £836,272 |
| June 2012 | 2% | £828,579 |
| June 2011 | 3.3% | £812,230 |
| June 2010 | 14.9% | £786,546 |
| June 2009 | -11.1% | £684,499 |
| June 2008 | -0.8% | £769,921 |
| June 2007 | 0% | £775,907 |
Rental Market Trends
The current average rental value in the postcode is £3,941.
The CM23 5LB Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £3,941pcm |
| June 2025 | 6.3% | £3,837pcm |
| June 2024 | 7% | £3,612pcm |
| June 2023 | 6.3% | £3,375pcm |
| June 2022 | 6.8% | £3,174pcm |
| June 2021 | 3.8% | £2,973pcm |
| June 2020 | 3.4% | £2,864pcm |
| June 2019 | 1.1% | £2,770pcm |
| June 2018 | 0.5% | £2,739pcm |
| June 2017 | 2.5% | £2,726pcm |
| June 2016 | 3.4% | £2,659pcm |
| June 2015 | 7% | £2,571pcm |
| June 2014 | 2.2% | £2,403pcm |
| June 2013 | 1.4% | £2,352pcm |
| June 2012 | 2.7% | £2,320pcm |
| June 2011 | 6% | £2,259pcm |
| June 2010 | 8.2% | £2,132pcm |
| June 2009 | -3.4% | £1,970pcm |
| June 2008 | 3.3% | £2,039pcm |
| June 2007 | 0% | £1,973pcm |
Sales History
The last sale was on 8th March 2023 for £1,835,000 and since then the market in the area has decreased by 5.1%. The postcode has had a total of 18 sales since 1995.
CM23 5LB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£1,835,000 | 5 Bed House7, Thorn Grove, Bishop's Stortford, CM23 5LB7, Thorn Grove, Bishop's Stortford, CM23 5LB
- Sold Apr 2022£1,976,000 | 5 Bed House3, Thorn Grove, Bishop's Stortford, CM23 5LB3, Thorn Grove, Bishop's Stortford, CM23 5LB
- Sold Oct 2021£1,440,000 | 5 Bed House9, Thorn Grove, Bishop's Stortford, CM23 5LB9, Thorn Grove, Bishop's Stortford, CM23 5LB
- Sold Mar 2021£975,000 | 4 Bed House13, Thorn Grove, Bishop's Stortford, CM23 5LB13, Thorn Grove, Bishop's Stortford, CM23 5LB
- Sold Aug 2016£1,675,000 | 5 Bed House7, Thorn Grove, Bishop's Stortford, CM23 5LB7, Thorn Grove, Bishop's Stortford, CM23 5LB
Nearby Postcodes
CM23 5LB is the 374th largest and the 1064th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5LZ, Lime Park, Bishop's Stortford, CM23CM23 5LZ3 Addresses|52 m away
- CM23 5NR, Pine Grove, Bishop's Stortford, CM23CM23 5NR4 Addresses|86 m away
- CM23 5NX, Gilbey Avenue, Bishop's Stortford, CM23CM23 5NX13 Addresses|86 m away
- CM23 5JX, Pryors Close, Bishop's Stortford, CM23CM23 5JX12 Addresses|115 m away
- CM23 5GN, Avenue Place, Bishop's Stortford, CM23CM23 5GN2 Addresses|120 m away
Property Types
- 2 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (2)
- mid-century house (4)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Apr 2022£1,976,000 | 5 Bed House3, Thorn Grove, Bishop's Stortford, CM23 5LB3, Thorn Grove, Bishop's Stortford, CM23 5LB
- Sold Mar 2023£1,835,000 | 5 Bed House7, Thorn Grove, Bishop's Stortford, CM23 5LB7, Thorn Grove, Bishop's Stortford, CM23 5LB
- Sold Nov 2009£1,800,000 | 5 Bed House10, Thorn Grove, Bishop's Stortford, CM23 5LD10, Thorn Grove, Bishop's Stortford, CM23 5LD
Schools Nearby
- Thorn Grove Primary School200 m away
- Thorley Hill Primary School1.1 km away
- St Michael's Church of England Primary School1.1 km away
- The Hertfordshire & Essex High School and Science College400 m away
- Hockerill Anglo-European College700 m away
- St Mary's Catholic School1.3 km away
More reading links
Public Transport Nearby
The closest station to CM23 5LB is Bishops Stortford station, which is 500 metres away.
- Bishops Stortford|500 m away
- Stansted Mountfitchet|4.6 km away
- Sawbridgeworth|5.6 km away
- Stansted Airport|6.8 km away
