Pine Grove - CM23 5NR
Key Postcode Insights
CM23 5NR is a residential postcode situated on Pine Grove, Bishop's Stortford, CM23 with 4 addresses.
It ranks as the 153rd largest and 1060th 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
- £1,292,574
- 10 Year change
- up 15.1%
- Ave. Rental Price
- £3,956pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £514/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
CM23 5NR is a residential postcode situated on Pine Grove, Bishop's Stortford, CM23 with 4 addresses.
It ranks as the 153rd largest and 1060th 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
- £1,292,574
- 10 Year change
- up 15.1%
- Ave. Rental Price
- £3,956pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £514/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin CM23 5NR
- Clayhanger
Unknown
- 18 Pine Grove
Unknown
- 20 Pine Grove
Unknown
- 22 Pine Grove
5 Bed Mid-century House
Sales Market Trends
The last sale in CM23 5NR sold for £970,000 on 25th April 2016. Since then prices are up an average of 16.8%.
The current average value in the postcode is £1,292,574.
The CM23 5NR Sales Market has increased by 15.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £1,292,574 |
| June 2025 | 1.8% | £1,335,706 |
| June 2024 | -4.2% | £1,312,538 |
| June 2023 | 0.7% | £1,370,413 |
| June 2022 | 7.6% | £1,361,369 |
| June 2021 | 7.8% | £1,265,039 |
| June 2020 | 1.4% | £1,173,843 |
| June 2019 | -1% | £1,158,078 |
| June 2018 | 2.2% | £1,169,281 |
| June 2017 | 1.9% | £1,144,558 |
| June 2016 | 9.9% | £1,123,193 |
| June 2015 | 10.6% | £1,022,061 |
| June 2014 | 9.1% | £924,187 |
| June 2013 | 0.6% | £847,098 |
| June 2012 | 2.1% | £842,045 |
| June 2011 | 3.4% | £824,542 |
| June 2010 | 15.3% | £797,198 |
| June 2009 | -10.3% | £691,180 |
| June 2008 | -1.4% | £770,727 |
| June 2007 | 0% | £781,788 |
Rental Market Trends
The current average rental value in the postcode is £3,956.
The CM23 5NR Rental Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £3,956pcm |
| June 2025 | 6.3% | £3,858pcm |
| June 2024 | 6.9% | £3,630pcm |
| June 2023 | 6.3% | £3,397pcm |
| June 2022 | 6.7% | £3,197pcm |
| June 2021 | 4.4% | £2,995pcm |
| June 2020 | 3.2% | £2,869pcm |
| June 2019 | 1.2% | £2,781pcm |
| June 2018 | 0.6% | £2,749pcm |
| June 2017 | 2.3% | £2,733pcm |
| June 2016 | 3.1% | £2,672pcm |
| June 2015 | 6.6% | £2,591pcm |
| June 2014 | 1.8% | £2,431pcm |
| June 2013 | 1% | £2,388pcm |
| June 2012 | 2.8% | £2,363pcm |
| June 2011 | 6.1% | £2,298pcm |
| June 2010 | 8.6% | £2,166pcm |
| June 2009 | -2.5% | £1,994pcm |
| June 2008 | 2.6% | £2,045pcm |
| June 2007 | 0% | £1,993pcm |
Sales History
The last sale was on 25th April 2016 for £970,000 and since then the market in the area has increased by 16.8%. The postcode has had a total of 5 sales since 1995.
CM23 5NR has seen no sales in the last three years and no sales in the last twelve months.
- Sold Apr 2016£970,000 | 5 Bed House22, Pine Grove, Bishop's Stortford, CM23 5NR22, Pine Grove, Bishop's Stortford, CM23 5NR
- Sold Aug 2010£725,000 | 5 Bed House22, Pine Grove, Bishop's Stortford, CM23 5NR22, Pine Grove, Bishop's Stortford, CM23 5NR
- Sold Jan 2006£520,000 | 5 Bed House22, Pine Grove, Bishop's Stortford, CM23 5NR22, Pine Grove, Bishop's Stortford, CM23 5NR
- Sold Oct 2005£685,000 | 5 Bed HouseClayhanger, Pine Grove, Bishop's Stortford, CM23 5NRClayhanger, Pine Grove, Bishop's Stortford, CM23 5NR
- Sold Mar 2005£460,000 | 5 Bed House22, Pine Grove, Bishop's Stortford, CM23 5NR22, Pine Grove, Bishop's Stortford, CM23 5NR
Nearby Postcodes
CM23 5NR is the 153rd largest and the 1060th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5FH, Madigan Place, Bishop's Stortford, CM23CM23 5FH4 Addresses|78 m away
- CM23 5NX, Gilbey Avenue, Bishop's Stortford, CM23CM23 5NX13 Addresses|81 m away
- CM23 5LB, Thorn Grove, Bishop's Stortford, CM23CM23 5LB9 Addresses|86 m away
- CM23 5LD, Thorn Grove, Bishop's Stortford, CM23CM23 5LD15 Addresses|96 m away
- CM23 5LZ, Lime Park, Bishop's Stortford, CM23CM23 5LZ3 Addresses|119 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (3)
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 School200 m away
- Summercroft Primary School1.1 km away
- St Michael's Church of England Primary School1.1 km away
- The Hertfordshire & Essex High School and Science College300 m away
- Hockerill Anglo-European College700 m away
- Birchwood High School1.3 km away
More reading links
Public Transport Nearby
The closest station to CM23 5NR is Bishops Stortford station, which is 500 metres away.
- Bishops Stortford|500 m away
- Stansted Mountfitchet|4.5 km away
- Sawbridgeworth|5.6 km away
- Stansted Airport|6.7 km away
