Raynham Road - CM23 5PD
Key Postcode Insights
CM23 5PD is a residential postcode situated on Raynham Road, Bishop's Stortford, CM23 with 3 addresses.
It ranks as the 98th largest and 767th most expensive of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £491,469
- 10 Year change
- up 15.7%
- Ave. Rental Price
- £1,951pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £459/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
CM23 5PD is a residential postcode situated on Raynham Road, Bishop's Stortford, CM23 with 3 addresses.
It ranks as the 98th largest and 767th most expensive of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £491,469
- 10 Year change
- up 15.7%
- Ave. Rental Price
- £1,951pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £459/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Sales Market Trends
The last sale in CM23 5PD sold for £1,044,750 on 8th October 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £491,469.
The CM23 5PD Sales Market has increased by 15.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.7% | £491,469 |
| July 2025 | 1.9% | £500,187 |
| July 2024 | -3.2% | £490,711 |
| July 2023 | -0.6% | £507,123 |
| July 2022 | 8.1% | £510,128 |
| July 2021 | 6.6% | £471,814 |
| July 2020 | 1.7% | £442,761 |
| July 2019 | -1.5% | £435,287 |
| July 2018 | 1.2% | £442,015 |
| July 2017 | 2.9% | £436,876 |
| July 2016 | 11% | £424,609 |
| July 2015 | 12.3% | £382,624 |
| July 2014 | 12.6% | £340,735 |
| July 2013 | 2% | £302,677 |
| July 2012 | 2.1% | £296,636 |
| July 2011 | 1.3% | £290,548 |
| July 2010 | 12.3% | £286,829 |
| July 2009 | -10.2% | £255,311 |
| July 2008 | -3.2% | £284,460 |
| July 2007 | 0% | £293,914 |
Rental Market Trends
The current average rental value in the postcode is £1,951.
The CM23 5PD Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.2% | £1,951pcm |
| July 2025 | 6.8% | £1,891pcm |
| July 2024 | 6.7% | £1,771pcm |
| July 2023 | 4.8% | £1,661pcm |
| July 2022 | 9% | £1,585pcm |
| July 2021 | 3.5% | £1,454pcm |
| July 2020 | 2% | £1,405pcm |
| July 2019 | 1.3% | £1,377pcm |
| July 2018 | 0.3% | £1,360pcm |
| July 2017 | 3% | £1,356pcm |
| July 2016 | 4% | £1,316pcm |
| July 2015 | 8.9% | £1,266pcm |
| July 2014 | 4.9% | £1,162pcm |
| July 2013 | 2.2% | £1,109pcm |
| July 2012 | 2.5% | £1,085pcm |
| July 2011 | 5.1% | £1,059pcm |
| July 2010 | 6.7% | £1,008pcm |
| July 2009 | -4.9% | £945pcm |
| July 2008 | 2.8% | £993pcm |
| July 2007 | 0% | £966pcm |
Sales History
The last recorded sale was on 8th October 2024 for £1,044,750 and since then the market in the area has remained stable.
CM23 5PD has had 2 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Oct 2024£1,044,750 | 2 Bed HouseStansted House, Raynham Road, Bishop's Stortford, CM23 5PDStansted House, Raynham Road, Bishop's Stortford, CM23 5PD
- Sold Jun 2017£1,170,000 | 2 Bed HouseStansted House, Raynham Road, Bishop's Stortford, CM23 5PDStansted House, Raynham Road, Bishop's Stortford, CM23 5PD
Nearby Postcodes
CM23 5PD is the 98th largest and the 767th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5PE, Raynham Road, Bishop's Stortford, CM23CM23 5PE4 Addresses|71 m away
- CM23 5PJ, Raynham Close, Bishop's Stortford, CM23CM23 5PJ4 Addresses|77 m away
- CM23 5JZ, Myson Way, Bishop's Stortford, CM23CM23 5JZ1 Address|121 m away
- CM23 5BJ, Plaw Hatch Close, Bishop's Stortford, CM23CM23 5BJ45 Addresses|147 m away
- CM23 5PB, Raynham Road, Bishop's Stortford, CM23CM23 5PB1 Address|179 m away
Property Types
- 3 other addresses of unknown type
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Feb 2018£13,925,000 | 3 Bed House29, Raynham Road, Bishop's Stortford, CM23 5PE29, Raynham Road, Bishop's Stortford, CM23 5PE
- Sold Jun 2017£1,170,000 | 2 Bed HouseStansted House, Raynham Road, Bishop's Stortford, CM23 5PDStansted House, Raynham Road, Bishop's Stortford, CM23 5PD
- Sold Oct 2024£1,044,750 | 2 Bed HouseStansted House, Raynham Road, Bishop's Stortford, CM23 5PDStansted House, Raynham Road, Bishop's Stortford, CM23 5PD
Schools Nearby
- Summercroft Primary School300 m away
- All Saints Church of England Primary School and Nursery, Bishop's Stortford400 m away
- Thorn Grove Primary School900 m away
- Birchwood High School400 m away
- Hockerill Anglo-European College400 m away
- The Hertfordshire & Essex High School and Science College700 m away
More reading links
Public Transport Nearby
The closest station to CM23 5PD is Bishops Stortford station, which is 1.1 kilometres away.
- Bishops Stortford|1.1 km away
- Stansted Mountfitchet|3.6 km away
- Stansted Airport|6.0 km away
- Elsenham (Essex)|6.4 km away
