Cavell Drive - CM23 5PW
Key Postcode Insights
CM23 5PW is a residential postcode situated on Cavell Drive, Bishop's Stortford, CM23 with 57 addresses.
It ranks as the 1058th largest and 120th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 57 properties: 57 flats.
- Ave. Sale Price
- £247,863
- 10 Year change
- up 0.4%
- Ave. Rental Price
- £1,314pcm
- 10 Year change
- up 29.2%
- Ave. £ per ft²
- £365/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
CM23 5PW is a residential postcode situated on Cavell Drive, Bishop's Stortford, CM23 with 57 addresses.
It ranks as the 1058th largest and 120th most expensive of the 1,085 postcodes in the CM23 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 57 properties: 57 flats.
- Ave. Sale Price
- £247,863
- 10 Year change
- up 0.4%
- Ave. Rental Price
- £1,314pcm
- 10 Year change
- up 29.2%
- Ave. £ per ft²
- £365/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin CM23 5PW
- 1 Cavell Drive
2 Bed Modern Flat
- 2 Cavell Drive
2 Bed Modern Flat
- 3 Cavell Drive
2 Bed Modern Flat
- 4 Cavell Drive
2 Bed Modern Flat
- 5 Cavell Drive
2 Bed Modern Flat
Sales Market Trends
The last sale in CM23 5PW sold for £276,000 on 22nd June 2022. Since then prices are down an average of 6.9%.
The current average value in the postcode is £247,863.
The CM23 5PW Sales Market has increased by 0.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £247,863 |
| June 2025 | 0.3% | £255,403 |
| June 2024 | -3.1% | £254,719 |
| June 2023 | -0.9% | £262,852 |
| June 2022 | 4.7% | £265,265 |
| June 2021 | 2.8% | £253,415 |
| June 2020 | 0.5% | £246,437 |
| June 2019 | -1.5% | £245,239 |
| June 2018 | 0.7% | £248,955 |
| June 2017 | 0.2% | £247,219 |
| June 2016 | 11.9% | £246,777 |
| June 2015 | 11.5% | £220,517 |
| June 2014 | 9.5% | £197,818 |
| June 2013 | 2.2% | £180,630 |
| June 2012 | 1.1% | £176,702 |
| June 2011 | 0.4% | £174,757 |
| June 2010 | 10.7% | £174,105 |
| June 2009 | -14.4% | £157,293 |
| June 2008 | -1.6% | £183,719 |
| June 2007 | 0% | £186,743 |
Rental Market Trends
The current average rental value in the postcode is £1,314.
The CM23 5PW Rental Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,314pcm |
| June 2025 | 4.7% | £1,278pcm |
| June 2024 | 8.1% | £1,221pcm |
| June 2023 | 4.6% | £1,129pcm |
| June 2022 | 3.8% | £1,079pcm |
| June 2021 | -0.4% | £1,039pcm |
| June 2020 | 2.3% | £1,044pcm |
| June 2019 | 0.6% | £1,020pcm |
| June 2018 | -0.8% | £1,014pcm |
| June 2017 | 0.5% | £1,022pcm |
| June 2016 | 5% | £1,017pcm |
| June 2015 | 7.4% | £969pcm |
| June 2014 | 2.2% | £901pcm |
| June 2013 | 2.7% | £882pcm |
| June 2012 | 1.8% | £859pcm |
| June 2011 | 3% | £844pcm |
| June 2010 | 4.2% | £819pcm |
| June 2009 | -6.9% | £786pcm |
| June 2008 | 2.4% | £845pcm |
| June 2007 | 0% | £825pcm |
Sales History
The last sale was on 22nd June 2022 for £276,000 and since then the market in the area has decreased by 6.9%. The postcode has had a total of 21 sales since 1995.
CM23 5PW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2022£276,000 | 2 Bed Flat6, Cavell Drive, Bishop's Stortford, CM23 5PW6, Cavell Drive, Bishop's Stortford, CM23 5PW
- Sold Mar 2022£258,000 | 2 Bed Flat10, Cavell Drive, Bishop's Stortford, CM23 5PW10, Cavell Drive, Bishop's Stortford, CM23 5PW
- Sold Mar 2021£237,500 | 2 Bed Flat9, Cavell Drive, Bishop's Stortford, CM23 5PW9, Cavell Drive, Bishop's Stortford, CM23 5PW
- Sold Jan 2015£219,500 | 3 Bed Flat12, Cavell Drive, Bishop's Stortford, CM23 5PW12, Cavell Drive, Bishop's Stortford, CM23 5PW
- Sold Jun 2014£152,000 | 2 Bed Flat11, Cavell Drive, Bishop's Stortford, CM23 5PW11, Cavell Drive, Bishop's Stortford, CM23 5PW
Nearby Postcodes
CM23 5PW is the 1058th largest and the 120th most expensive postcode out of the 1,085 postcodes in the CM23 area.
- CM23 5PX, Cavell Drive, Bishop's Stortford, CM23CM23 5PX58 Addresses|71 m away
- CM23 5JJ, Haymeads Lane, Bishop's Stortford, CM23CM23 5JJ43 Addresses|110 m away
- CM23 5LS, Highfield Avenue, Bishop's Stortford, CM23CM23 5LS26 Addresses|120 m away
- CM23 5JQ, Nightingales, Bishop's Stortford, CM23CM23 5JQ100 Addresses|121 m away
- CM23 5PZ, Cavell Drive, Bishop's Stortford, CM23CM23 5PZ23 Addresses|136 m away
Property Types
- 41 modern flats built after 1980
- 1 flat of an unknown age
- 15 other addresses of unknown type
- modern flat (41)
- flat (1)
- Unknown (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 41 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (4)
- F (0)
- C (33)
- G (0)
- D (4)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Oct 2022£707,000 | 4 Bed House59, Cavell Drive, Bishop's Stortford, CM23 5PX59, Cavell Drive, Bishop's Stortford, CM23 5PX
- Sold Jan 2006£550,000 | 5 Bed House58, Cavell Drive, Bishop's Stortford, CM23 5PX58, Cavell Drive, Bishop's Stortford, CM23 5PX
- Sold May 2016£530,000 | 5 Bed House58, Cavell Drive, Bishop's Stortford, CM23 5PX58, Cavell Drive, Bishop's Stortford, CM23 5PX
Schools Nearby
- Thorn Grove Primary School400 m away
- Summercroft Primary School700 m away
- All Saints Church of England Primary School and Nursery, Bishop's Stortford900 m away
- The Hertfordshire & Essex High School and Science College500 m away
- Hockerill Anglo-European College700 m away
- Birchwood High School900 m away
More reading links
Public Transport Nearby
The closest station to CM23 5PW is Bishops Stortford station, which is 900 metres away.
- Bishops Stortford|900 m away
- Stansted Mountfitchet|4.1 km away
- Sawbridgeworth|6.0 km away
- Stansted Airport|6.2 km away
