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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
CM23 5PEHouse Prices / East of England, East Hertfordshire, Raynham Road
Last updated May 2026
Key Postcode Insights
CM23 5PE is a residential postcode situated on Raynham Road, Bishop's Stortford, CM23 with 4 addresses.
It ranks as the 158th largest and 463rd most expensive of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
CM23 5PE is a residential postcode situated on Raynham Road, Bishop's Stortford, CM23 with 4 addresses.
It ranks as the 158th largest and 463rd most expensive of the 1,085 postcodes in the CM23 area.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
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House Pricesin CM23 5PE
Sale prices range from £418,239 for 3 bedroom freehold houses with a garden (904 ft2) to £418,239 for 3 bedroom freehold houses with a garden (904 ft2) .
Monthly rental prices range from £1,742 pcm for 3 bed houses to £1,742 pcm for 3 bed houses.
The gross rental yield is between 5.0% and 5.0%.
The average value per square foot is £463.
Average Sale Value
£418,239
Average Rental Value
£1,742 pcm
Average Rental Yield
5.0% /year
Average Value Per Sqft
£463 /ft2
Sales Market Trendsin CM23 5PE
The last sale in CM23 5PE sold for £335,000 on 22nd March 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £418,239.
The CM23 5PE Sales Market has increased by 17.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.6% | £418,239 |
| April 2025 | 1.5% | £429,530 |
| April 2024 | -3.7% | £423,264 |
| April 2023 | 1.4% | £439,447 |
| April 2022 | 7.9% | £433,528 |
| April 2021 | 6.2% | £401,773 |
| April 2020 | 0.6% | £378,349 |
| April 2019 | -1.1% | £376,065 |
| April 2018 | 2.9% | £380,338 |
| April 2017 | 4.1% | £369,763 |
| April 2016 | 11.2% | £355,333 |
| April 2015 | 14.3% | £319,457 |
| April 2014 | 9.3% | £279,486 |
| April 2013 | 5.5% | £255,592 |
| April 2012 | 1.6% | £242,205 |
| April 2011 | 1.6% | £238,424 |
| April 2010 | 10.4% | £234,600 |
| April 2009 | -16.5% | £212,524 |
| April 2008 | 4.4% | £254,441 |
| April 2007 | 0% | £243,636 |
Rental Market Trendsin CM23 5PE
The current average rental value in the postcode is £1,742.
The CM23 5PE Rental Market has increased by 48.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,742pcm |
| April 2025 | 7.1% | £1,698pcm |
| April 2024 | 6.9% | £1,585pcm |
| April 2023 | 6.5% | £1,483pcm |
| April 2022 | 7.1% | £1,392pcm |
| April 2021 | 2.6% | £1,301pcm |
| April 2020 | 2.2% | £1,268pcm |
| April 2019 | 1% | £1,240pcm |
| April 2018 | 0.2% | £1,228pcm |
| April 2017 | 4.3% | £1,226pcm |
| April 2016 | 4.6% | £1,175pcm |
| April 2015 | 9.1% | £1,124pcm |
| April 2014 | 4% | £1,030pcm |
| April 2013 | 4.5% | £990pcm |
| April 2012 | 3% | £947pcm |
| April 2011 | 4.6% | £919pcm |
| April 2010 | 3.6% | £879pcm |
| April 2009 | -6.8% | £848pcm |
| April 2008 | 5.5% | £910pcm |
| April 2007 | 0% | £863pcm |
Explore Propertiesin CM23 5PE, Raynham Road, Bishop's Stortford, CM23
Sales Historyin CM23 5PE
The last sale was on 22nd March 2022 for £335,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
CM23 5PE has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto CM23 5PE
CM23 5PE is the 158th largest and the 463rd most expensive postcode out of the 1,085 postcodes in the CM23 area.
- 71 mCM23 5PD, Raynham Road, Bishop's Stortford, CM23CM23 5PD3 Addresses
- 92 mCM23 5JZ, Myson Way, Bishop's Stortford, CM23CM23 5JZ1 Addresses
- 126 mCM23 5PB, Raynham Road, Bishop's Stortford, CM23CM23 5PB1 Addresses
- 132 mCM23 5AN, Stortford Hall Park, Bishop's Stortford, CM23CM23 5AN29 Addresses
- 145 mCM23 5PJ, Raynham Close, Bishop's Stortford, CM23CM23 5PJ4 Addresses
- 160 mCM23 5GB, Stortford Hall Park, Bishop's Stortford, CM23CM23 5GB12 Addresses
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Property Typesin CM23 5PE
- 4 other addresses of unknown type
- Unknown (4)
Energy Efficiencyof properties in CM23 5PE
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Saleson Raynham Road
- Sold Feb 2018£13,925,000 | 3 Bed HouseRaynham Road29, Raynham Road, Bishop's Stortford, CM23 5PE
- Sold Jun 2017£1,170,000 | 2 Bed HouseRaynham RoadStansted House, Raynham Road, Bishop's Stortford, CM23 5PD
- Sold Oct 2024£1,044,750 | 2 Bed HouseRaynham RoadStansted House, Raynham Road, Bishop's Stortford, CM23 5PD
Schools Nearbyto CM23 5PE
The nearest primary school to CM23 5PE is Summercroft Primary School which is 334 metres away.
- 334mSummercroft Primary School
- 348mAll Saints Church of England Primary School and Nursery, Bishop's Stortford
- 882mThorn Grove Primary School
The nearest secondary school is Hockerill Anglo-European College which is 376 metres away.
- 376mHockerill Anglo-European College
- 473mBirchwood High School
- 605mThe Hertfordshire & Essex High School and Science College
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Public Transport Nearbyto CM23 5PE
The closest station to CM23 5PE is Bishops Stortford station which is 1.0 kilometres away.
- 992mBishops Stortford
- 3.6kmStansted Mountfitchet
- 6.1kmStansted Airport
- 6.5kmElsenham (Essex)
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