Housing Market Analysis for LONDON ROAD, CM23 3LE

Are you looking to understand CM23 3LE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Hertfordshire postcode.

For the location information and nearby amenities in the CM23 3LE area, explore the CM23 3LE Area information page.
For comprehensive crime statistics in the CM23 3LE area, explore the CM23 3LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM23 3LE postcode area, The average prices are as follows,

Flat
- The average price is around £168,754 median price is £155,000 Standard Deviation is £38,935 with Total Sold: 47
- The Last 5 Year average price is £276,667 with Total Sold: 3
- The most recent sale happened at this postcode is FLAT 5, ISLAND COURT LONDON ROAD: £285,000 (Sold on 22 Jul 2021)
- The first recorded sale happened at this postcode is FLAT 8, ISLAND COURT LONDON ROAD: £137,500 (Sold on 25 May 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average CM23 3LE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£282,500	£4,439	2
2020	£265,000	£3,786	1
2018	£265,000	£4,417	1
2016	£240,000	£5,092	1
2015	£210,000	£3,000	1
2014	£194,000	£2,926	2
2012	£155,000	£2,789	1
2011	£157,000	£2,121	1
2010	£168,750	£2,722	2
2009	£150,000	£2,459	1
2008	£180,000	£2,504	2
2007	£183,750	£3,089	2
2006	£168,000	£3,169	2
2005	£150,000	£2,542	1
2004	£175,250	£2,635	2
2003	£166,000	£2,666	1
2002	£155,400	£2,449	5
2001	£141,682	£2,352	19

All the Sales in the LONDON ROAD, CM23 3LE

See the table below for more details on the sold house prices in the CM23 3LE, East Hertfordshire postcode.

Address	Sold Date	Price	% Change
FLAT 5, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 61.24 Sq.mtrAge: 1996-2002	22 Jul 2021	£285,000	75.93%
	23 Feb 2006	£162,000	20.00%
	31 May 2001	£135,000	First Sale
FLAT 12, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 66.3 Sq.mtrAge: 1996-2002	17 May 2021	£280,000	80.65%
	02 Aug 2001	£155,000	First Sale
FLAT 4, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 70 Sq.mtrAge: 1996-2002	29 May 2020	£265,000	26.19%
	29 May 2015	£210,000	13.51%
	07 Mar 2008	£185,000	29.82%
	31 May 2001	£142,500	First Sale
FLAT 10, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-2002	30 Oct 2018	£265,000	107.84%
	02 Aug 2001	£127,500	First Sale
FLAT 11, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 47.13 Sq.mtrAge: 1996-2002	09 Feb 2016	£240,000	37.93%
	08 Sep 2006	£174,000	12.99%
	12 Oct 2001	£154,000	8.07%
	02 Aug 2001	£142,500	First Sale
FLAT 3, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 74.02 Sq.mtrAge: 1996-2002	20 Nov 2014	£195,000	24.20%
	12 Sep 2011	£157,000	-10.29%
	08 Feb 2008	£175,000	6.06%
	17 Nov 2004	£165,000	10.00%
	23 Aug 2002	£150,000	First Sale
FLAT 2, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-2002	27 Jun 2014	£193,000	First Sale
FLAT 6, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 55.57 Sq.mtrAge: 1996-2002	14 Nov 2012	£155,000	24.00%
	31 May 2001	£125,000	First Sale
FLAT 21, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 62 Sq.mtrAge: 1996-2002	26 Jul 2010	£167,500	-1.47%
	27 May 2010	£170,000	17.24%
	03 Aug 2001	£145,000	First Sale
FLAT 15, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 60.99 Sq.mtrAge: 1996-2002	18 Jun 2009	£150,000	-19.14%
	16 Feb 2004	£185,500	19.68%
	08 Nov 2002	£155,000	10.75%
	02 Aug 2001	£139,950	First Sale
FLAT 14, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 59 Sq.mtrAge: 2007-2011	26 Jul 2007	£187,500	25.00%
	27 Sep 2005	£150,000	First Sale
FLAT 9, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-2002	02 May 2007	£180,000	14.29%
	19 Jul 2002	£157,500	23.53%
	25 May 2001	£127,500	First Sale
FLAT 7, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 62.26 Sq.mtrAge: 1996-2002	12 Aug 2003	£166,000	2.47%
	17 May 2002	£162,000	11.72%
	31 May 2001	£145,000	First Sale
FLAT 8, ISLAND COURT LONDON ROADFlat, Leasehold	25 Jul 2002	£152,500	10.91%
FLAT 8, ISLAND COURT LONDON ROADFlat, Leasehold	25 May 2001	£137,500	First Sale
FLAT 18, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 55.41 Sq.mtrAge: 1996-2002	06 Aug 2001	£127,500	First Sale
FLAT 19, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 59.4 Sq.mtrAge: 1996-2002	03 Aug 2001	£142,500	First Sale
FLAT 20, ISLAND COURT LONDON ROADFlat, Leasehold	03 Aug 2001	£153,000	First Sale
FLAT 16, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 65.7 Sq.mtrAge: 1996-2002	03 Aug 2001	£150,000	First Sale
FLAT 17, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 63.29 Sq.mtrAge: 1996-2002	03 Aug 2001	£142,500	First Sale
FLAT 13, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 68 Sq.mtrAge: 1996-2002	02 Aug 2001	£145,000	First Sale
FLAT 1, ISLAND COURT LONDON ROADFlat, LeaseholdArea: 68 Sq.mtrAge: 1996-2002	31 May 2001	£155,000	First Sale

Check out the sold house prices near the CM23 3LE postcode. Properties currently for saleProperties currently for rent

LONDON ROAD, CM23 3LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM23 3LE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CM23 3LE postcode.

Detached
- The average price is around £429,350 median price is £340,000 Standard Deviation is £334,399 with Total Sold: 677
- The Last 5 Year average price is £787,367 with Total Sold: 99
- The most recent sale happened at this postcode is , 42 THORLEY HILL: £545,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 7 GILBEY AVENUE: £144,500 (Sold on 12 Jan 1995)
Flat
- The average price is around £172,274 median price is £175,000 Standard Deviation is £86,476 with Total Sold: 897
- The Last 5 Year average price is £261,492 with Total Sold: 118
- The most recent sale happened at this postcode is , 8 WHARF PLACE: £245,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 26 BRAZIERS QUAY: £48,000 (Sold on 09 Feb 1995)
Other
- The average price is around £844,339 median price is £280,000 Standard Deviation is £1,217,972 with Total Sold: 25
- The Last 5 Year average price is £950,825 with Total Sold: 13
- The most recent sale happened at this postcode is , 26 TWYFORD ROAD: £320,000 (Sold on 26 Jun 2024)
- The first recorded sale happened at this postcode is , 28 TANNERS WHARF: £57,000 (Sold on 31 Jan 2013)
Semi-Detached
- The average price is around £238,800 median price is £215,000 Standard Deviation is £137,220 with Total Sold: 640
- The Last 5 Year average price is £427,619 with Total Sold: 96
- The most recent sale happened at this postcode is , 19 BURLEY ROAD: £450,000 (Sold on 19 Jun 2024)
- The first recorded sale happened at this postcode is , 26 HALLINGBURY ROAD: £79,250 (Sold on 27 Jan 1995)
Terraced
- The average price is around £185,745 median price is £171,000 Standard Deviation is £107,415 with Total Sold: 480
- The Last 5 Year average price is £355,288 with Total Sold: 60
- The most recent sale happened at this postcode is , 102 NURSERY ROAD: £410,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 8 GREAT EASTERN CLOSE: £70,000 (Sold on 19 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,151,000		5
2023	£814,333	£7,705	18
2022	£699,778	£5,250	18
2021	£901,537	£6,333	27
2020	£664,063	£5,360	19
2019	£665,133	£4,370	12
2018	£680,100	£4,849	15
2017	£770,857	£4,449	14
2016	£619,617	£4,833	26
2015	£586,875	£4,124	20
2014	£580,222	£3,684	20
2013	£392,206	£3,416	17
2012	£510,638	£4,121	17
2011	£437,539	£3,429	14
2010	£496,941	£3,388	20
2009	£430,833	£2,877	15
2008	£521,512	£2,151	14
2007	£494,536	£2,843	27
2006	£422,038	£2,693	34
2005	£375,493	£2,746	29
2004	£362,989	£2,851	31
2003	£359,806	£2,331	27
2002	£300,664	£2,292	34
2001	£271,741	£1,766	35
2000	£250,396	£1,704	24
1999	£181,506	£1,352	38
1998	£150,587	£1,354	39
1997	£141,135	£1,027	20
1996	£129,648	£976	33
1995	£128,384	£968	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£253,500	£4,202	12
2023	£256,437	£4,537	20
2022	£285,091	£4,210	22
2021	£258,231	£4,287	34
2020	£278,727	£4,463	11
2019	£240,395	£4,235	19
2018	£283,453	£4,503	59
2017	£269,259	£4,280	21
2016	£250,211	£4,099	26
2015	£221,886	£3,490	30
2014	£195,688	£3,149	30
2013	£197,433	£2,663	52
2012	£187,431	£2,609	55
2011	£143,000	£3,062	8
2010	£164,167	£2,610	9
2009	£161,250	£2,574	20
2008	£176,800	£3,010	13
2007	£200,135	£3,478	39
2006	£191,298	£3,363	70
2005	£153,894	£2,888	19
2004	£151,387	£3,011	19
2003	£167,278	£2,708	35
2002	£132,802	£2,427	31
2001	£114,574	£2,130	40
2000	£77,067	£1,747	27
1999	£70,585	£1,444	40
1998	£55,268	£1,204	40
1997	£51,884	£1,073	36
1996	£50,878	£999	45
1995	£47,933	£971	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£320,000		1
2023	£2,600,000		1
2022	£1,120,000	£5,068	1
2021	£1,354,000	£4,194	3
2020	£622,500		2
2019	£602,745		5
2018	£514,667	£3,231	3
2017	£281,667	£3,843	3
2016	£1,479,188	£3,945	4
2014	£385,000	£5,580	1
2013	£57,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£476,667	£4,449	3
2023	£502,094	£5,451	16
2022	£447,632	£5,405	19
2021	£430,500	£5,002	30
2020	£376,509	£4,928	11
2019	£354,488	£4,432	17
2018	£436,423	£4,694	19
2017	£415,696	£4,070	16
2016	£356,875	£4,536	20
2015	£314,710	£3,889	29
2014	£301,431	£3,458	18
2013	£252,402	£2,787	23
2012	£258,307	£2,957	15
2011	£280,781	£2,839	16
2010	£251,843	£3,141	15
2009	£224,066	£2,607	18
2008	£232,192	£2,648	13
2007	£263,244	£3,189	17
2006	£208,248	£2,484	28
2005	£226,981	£2,478	29
2004	£190,140	£2,341	25
2003	£188,311	£2,093	35
2002	£152,997	£1,888	23
2001	£129,616	£1,463	24
2000	£123,630	£1,299	28
1999	£125,127	£1,265	26
1998	£98,215	£1,080	23
1997	£77,892	£859	33
1996	£73,967	£774	32
1995	£72,195	£841	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£447,494	£4,656	3
2023	£349,000	£4,524	7
2022	£373,200	£5,443	10
2021	£373,500	£5,473	12
2020	£352,307	£4,896	14
2019	£313,249	£4,712	14
2018	£300,267	£4,620	15
2017	£350,297	£4,497	14
2016	£304,404	£4,499	13
2015	£306,833	£4,165	9
2014	£248,371	£3,379	16
2013	£217,606	£3,119	15
2012	£196,125	£3,063	4
2011	£207,523	£2,951	11
2010	£215,048	£3,167	12
2009	£228,200	£2,776	5
2008	£197,161	£3,118	9
2007	£214,620	£3,314	24
2006	£180,622	£2,770	18
2005	£167,908	£2,776	17
2004	£166,141	£2,600	16
2003	£159,128	£2,475	23
2002	£143,676	£2,162	26
2001	£115,040	£1,769	25
2000	£114,423	£1,655	13
1999	£86,783	£1,298	28
1998	£81,345	£1,287	41
1997	£71,123	£1,040	30
1996	£61,433	£915	25
1995	£73,053	£1,107	11

House Type in CM23 3LE area

The most common house types in the CM23 3LE postcode area are Terraced (46), Semi-detached (33), and Flat (22).

Total	123
Terraced	46
Semi-detached	33
Flat	22
Detached	21
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (48), and Private rented: Private landlord or letting agency (37).

Owned: Owns with a mortgage or loan	48
Private rented: Private landlord or letting agency	37
Owned: Owns outright	20
Social rented: Other social rented	11
Shared ownership: Shared ownership	6
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the CM23 3LE have 2 people in household (37), and 1 person in household (35).

2 people in household	37
1 person in household	35
3 people in household	24
4 people in household	23
7 people in household	1
0 people in household	0
5 people in household	0
6 people in household	0
8 or more people in household	0