CM23 5QU is a residential postcode situated on Dunmow Road, Bishop's Stortford, CM23 with 14 addresses.
It ranks as the 541st largest and 72nd most expensive of the 1,085 postcodes in the CM23 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 14 flats.
CM23 5QU is a residential postcode situated on Dunmow Road, Bishop's Stortford, CM23 with 14 addresses.
It ranks as the 541st largest and 72nd most expensive of the 1,085 postcodes in the CM23 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 14 flats.
Sale prices range from £185,399 for 1 bedroom leasehold flats (416 ft2) to £275,835 for 3 bedroom leasehold flats (904 ft2) .
Monthly rental prices range from £1,057 pcm for 1 bed flats to £1,463 pcm for 3 bed flats.
The gross rental yield is between 6.3% and 6.8%.
The average value per square foot is £351.
The last sale in CM23 5QU sold for £132,750 on 18th February 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £235,970.
The CM23 5QU Sales Market has increased by 3.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1% | £235,970 |
| April 2025 | -0.3% | £238,425 |
| April 2024 | -2.6% | £239,203 |
| April 2023 | -0.7% | £245,500 |
| April 2022 | 4.5% | £247,106 |
| April 2021 | 2.8% | £236,375 |
| April 2020 | 0.2% | £229,840 |
| April 2019 | -1% | £229,452 |
| April 2018 | 1.1% | £231,741 |
| April 2017 | 0.9% | £229,238 |
| April 2016 | 11.2% | £227,081 |
| April 2015 | 12.1% | £204,173 |
| April 2014 | 7.9% | £182,174 |
| April 2013 | 2.9% | £168,835 |
| April 2012 | 0.9% | £164,028 |
| April 2011 | 0.5% | £162,563 |
| April 2010 | 9.8% | £161,754 |
| April 2009 | -16.5% | £147,255 |
| April 2008 | 2.2% | £176,298 |
| April 2007 | 0% | £172,504 |
The current average rental value in the postcode is £1,284.
The CM23 5QU Rental Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.3% | £1,284pcm |
| April 2025 | 5.4% | £1,230pcm |
| April 2024 | 7.9% | £1,167pcm |
| April 2023 | 4.6% | £1,082pcm |
| April 2022 | 3.6% | £1,034pcm |
| April 2021 | -0.3% | £999pcm |
| April 2020 | 1.5% | £1,001pcm |
| April 2019 | 1% | £987pcm |
| April 2018 | -1.5% | £977pcm |
| April 2017 | 1.4% | £991pcm |
| April 2016 | 4.4% | £978pcm |
| April 2015 | 7.1% | £937pcm |
| April 2014 | 2.8% | £875pcm |
| April 2013 | 2.1% | £851pcm |
| April 2012 | 2.2% | £833pcm |
| April 2011 | 3.6% | £815pcm |
| April 2010 | 3.3% | £787pcm |
| April 2009 | -7.2% | £762pcm |
| April 2008 | 3.4% | £821pcm |
| April 2007 | 0% | £794pcm |
The last sale was on 18th February 2025 for £132,750 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 26 sales since 1995.
CM23 5QU has seen 3 sales in the last three years and no sales in the last twelve months.
CM23 5QU is the 541st largest and the 72nd most expensive postcode out of the 1,085 postcodes in the CM23 area.
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The closest station to CM23 5QU is Bishops Stortford station which is 1.3 kilometres away.
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