Pine Grove - CM23 5NP
Key Postcode Insights
CM23 5NP is a residential postcode situated on Pine Grove, Bishop's Stortford, CM23 with 4 addresses.
It ranks as the 152nd largest and 1073rd 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 4 properties: 4 houses.
- Ave. Sale Price
- £1,527,243
- 10 Year change
- up 15.1%
- Ave. Rental Price
- £4,675pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £503/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
CM23 5NP is a residential postcode situated on Pine Grove, Bishop's Stortford, CM23 with 4 addresses.
It ranks as the 152nd largest and 1073rd 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 4 properties: 4 houses.
- Ave. Sale Price
- £1,527,243
- 10 Year change
- up 15.1%
- Ave. Rental Price
- £4,675pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £503/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin CM23 5NP
- Hellebore House
5 Bed Modern House
- Merlewood
5 Bed Period House
- Woolverstone House
5 Bed Mid-century House
- 4 Pine Grove
5 Bed Mid-century House
Sales Market Trends
The last sale in CM23 5NP sold for £1,500,000 on 24th November 2023. Since then prices are down an average of 3.9%.
The current average value in the postcode is £1,527,243.
The CM23 5NP Sales Market has increased by 15.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £1,527,243 |
| June 2025 | 1.8% | £1,578,206 |
| June 2024 | -4.2% | £1,550,831 |
| June 2023 | 0.7% | £1,619,214 |
| June 2022 | 7.6% | £1,608,528 |
| June 2021 | 7.8% | £1,494,709 |
| June 2020 | 1.4% | £1,386,957 |
| June 2019 | -1% | £1,368,330 |
| June 2018 | 2.2% | £1,381,566 |
| June 2017 | 1.9% | £1,352,354 |
| June 2016 | 9.9% | £1,327,111 |
| June 2015 | 10.6% | £1,207,618 |
| June 2014 | 9.1% | £1,091,974 |
| June 2013 | 0.6% | £1,000,890 |
| June 2012 | 2.1% | £994,920 |
| June 2011 | 3.4% | £974,240 |
| June 2010 | 15.3% | £941,931 |
| June 2009 | -10.3% | £816,665 |
| June 2008 | -1.4% | £910,654 |
| June 2007 | 0% | £923,723 |
Rental Market Trends
The current average rental value in the postcode is £4,675.
The CM23 5NP Rental Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £4,675pcm |
| June 2025 | 6.3% | £4,558pcm |
| June 2024 | 6.9% | £4,289pcm |
| June 2023 | 6.3% | £4,014pcm |
| June 2022 | 6.7% | £3,777pcm |
| June 2021 | 4.4% | £3,539pcm |
| June 2020 | 3.2% | £3,390pcm |
| June 2019 | 1.2% | £3,286pcm |
| June 2018 | 0.6% | £3,249pcm |
| June 2017 | 2.3% | £3,229pcm |
| June 2016 | 3.1% | £3,157pcm |
| June 2015 | 6.6% | £3,062pcm |
| June 2014 | 1.8% | £2,872pcm |
| June 2013 | 1% | £2,821pcm |
| June 2012 | 2.8% | £2,792pcm |
| June 2011 | 6.1% | £2,716pcm |
| June 2010 | 8.6% | £2,559pcm |
| June 2009 | -2.5% | £2,356pcm |
| June 2008 | 2.6% | £2,417pcm |
| June 2007 | 0% | £2,355pcm |
Sales History
The last sale was on 24th November 2023 for £1,500,000 and since then the market in the area has decreased by 3.9%. The postcode has had a total of 8 sales since 1995.
CM23 5NP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£1,500,000 | 5 Bed HouseHellebore House, Pine Grove, Bishop's Stortford, CM23 5NPHellebore House, Pine Grove, Bishop's Stortford, CM23 5NP
- Sold Aug 2018£745,000 | 5 Bed House4, Pine Grove, Bishop's Stortford, CM23 5NP4, Pine Grove, Bishop's Stortford, CM23 5NP
- Sold Aug 2014£1,600,000 | 5 Bed HouseMerlewood, Pine Grove, Bishop's Stortford, CM23 5NPMerlewood, Pine Grove, Bishop's Stortford, CM23 5NP
- Sold Jul 2014£945,000 | 5 Bed HouseHellebore House, Pine Grove, Bishop's Stortford, CM23 5NPHellebore House, Pine Grove, Bishop's Stortford, CM23 5NP
- Sold Dec 2013£1,200,000 | 5 Bed HouseWoolverstone House, Pine Grove, Bishop's Stortford, CM23 5NPWoolverstone House, Pine Grove, Bishop's Stortford, CM23 5NP
Nearby Postcodes
CM23 5NP is the 152nd largest and the 1073rd most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5NN, Warwick Road, Bishop's Stortford, CM23CM23 5NN10 Addresses|118 m away
- CM23 5NS, Avenue Road, Bishop's Stortford, CM23CM23 5NS8 Addresses|120 m away
- CM23 5NU, Avenue Road, Bishop's Stortford, CM23CM23 5NU10 Addresses|123 m away
- CM23 5NX, Gilbey Avenue, Bishop's Stortford, CM23CM23 5NX13 Addresses|143 m away
- CM23 5NT, Avenue Road, Bishop's Stortford, CM23CM23 5NT15 Addresses|175 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 2 mid-century houses built between 1936 and 1979
- period house (1)
- modern house (1)
- mid-century house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Aug 2014£1,600,000 | 5 Bed HouseMerlewood, Pine Grove, Bishop's Stortford, CM23 5NPMerlewood, Pine Grove, Bishop's Stortford, CM23 5NP
- Sold Nov 2023£1,500,000 | 5 Bed HouseHellebore House, Pine Grove, Bishop's Stortford, CM23 5NPHellebore House, Pine Grove, Bishop's Stortford, CM23 5NP
- Sold Mar 2007£1,300,000 | 5 Bed HouseMerlewood, Pine Grove, Bishop's Stortford, CM23 5NPMerlewood, Pine Grove, Bishop's Stortford, CM23 5NP
Schools Nearby
- Thorn Grove Primary School300 m away
- Summercroft Primary School1.0 km away
- All Saints Church of England Primary School and Nursery, Bishop's Stortford1.0 km away
- The Hertfordshire & Essex High School and Science College200 m away
- Hockerill Anglo-European College500 m away
- Birchwood High School1.2 km away
More reading links
Public Transport Nearby
The closest station to CM23 5NP is Bishops Stortford station, which is 400 metres away.
- Bishops Stortford|400 m away
- Stansted Mountfitchet|4.4 km away
- Sawbridgeworth|5.8 km away
- Stansted Airport|6.7 km away
