Housing Market Analysis for NORFOLK WAY, CM23 3PW

Are you looking to understand CM23 3PW 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 3PW area, explore the CM23 3PW Area information page.
For comprehensive crime statistics in the CM23 3PW area, explore the CM23 3PW Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £186,559 median price is £165,000 Standard Deviation is £108,992 with Total Sold: 33
- The Last 5 Year average price is £345,571 with Total Sold: 7
- The most recent sale happened at this postcode is 14 NORFOLK WAY: £287,000 (Sold on 21 Jul 2023)
- The first recorded sale happened at this postcode is 26 NORFOLK WAY: £57,000 (Sold on 30 Jun 1995)
Semi-Detached
- The average price is around £190,181 median price is £172,975 Standard Deviation is £65,196 with Total Sold: 8
- The most recent sale happened at this postcode is 32 NORFOLK WAY: £355,000 (Sold on 23 Jan 2017)
- The first recorded sale happened at this postcode is 2A NORFOLK WAY: £130,000 (Sold on 03 Jan 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average CM23 3PW 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£287,000	£4,783	1
2022	£374,000	£5,292	3
2020	£315,000	£4,350	2
2019	£380,000	£4,270	1
2016	£271,000	£5,088	1
2015	£355,000	£3,257	1
2014	£187,833	£2,339	3
2013	£202,500	£2,945	2
2012	£215,000	£4,216	1
2009	£162,500	£2,167	1
2008	£147,000	£2,325	2
2006	£164,498	£2,184	2
2005	£197,500	£2,219	1
2002	£114,475	£1,578	2
2001	£103,500	£1,380	1
2000	£97,000	£1,470	1
1999	£81,000	£1,350	1
1998	£78,000	£1,097	2
1996	£60,000		1
1995	£54,625	£790	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£355,000	£4,176	1
2013	£181,750	£2,831	2
2006	£176,000	£3,451	1
2005	£179,995	£2,069	1
2004	£169,950		1
2003	£138,500	£2,549	2

All the Sales in the NORFOLK WAY, CM23 3PW

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

Address	Sold Date	Price	% Change
14 NORFOLK WAYTerraced, FreeholdArea: 60 Sq.mtrAge: 1950-1966	21 Jul 2023	£287,000	122.48%
	20 Oct 2008	£129,000	59.26%
	25 Oct 1999	£81,000	First Sale
38 NORFOLK WAYTerraced, FreeholdArea: 68 Sq.mtrAge: 1950-1966	04 Nov 2022	£342,000	79.06%
	03 Jan 2014	£191,000	13.02%
	18 Oct 2006	£169,000	First Sale
36 NORFOLK WAYTerraced, FreeholdArea: 54.02 Sq.mtrAge: 1967-1975	01 Nov 2022	£310,000	468.81%
	31 Jul 1995	£54,500	First Sale
28 NORFOLK WAYTerraced, FreeholdArea: 92 Sq.mtrAge: 1950-1966	12 Sep 2022	£470,000	First Sale
24 NORFOLK WAYTerraced, FreeholdArea: 75 Sq.mtrAge: 1950-1966	16 Oct 2020	£315,000	65.79%
	12 Mar 2014	£190,000	16.92%
	24 Apr 2009	£162,500	34.35%
	30 Aug 2002	£120,950	16.86%
	17 Sep 2001	£103,500	102.94%
	11 Oct 1995	£51,000	First Sale
26 NORFOLK WAYTerraced, FreeholdArea: 70 Sq.mtrAge: 1967-1975	18 Mar 2020	£315,000	191.67%
	09 Jan 2002	£108,000	89.47%
	30 Jun 1995	£57,000	First Sale
10 NORFOLK WAYTerraced, FreeholdArea: 89 Sq.mtrAge: 1950-1966	30 Oct 2019	£380,000	55.10%
	27 Mar 2013	£245,000	24.05%
	27 Oct 2005	£197,500	First Sale
32 NORFOLK WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	23 Jan 2017	£355,000	113.86%
	08 Feb 2013	£166,000	-7.78%
	01 Aug 2005	£179,995	First Sale
2 NORFOLK WAYTerraced, FreeholdArea: 53.26 Sq.mtrAge: 1950-1966	12 May 2016	£271,000	37.22%
	01 Nov 2013	£197,500	First Sale
16 NORFOLK WAYTerraced, FreeholdArea: 109 Sq.mtrAge: 1950-1966	04 Dec 2015	£355,000	94.52%
	13 Oct 2014	£182,500	First Sale
2A NORFOLK WAYTerraced, FreeholdArea: 51 Sq.mtr	30 Sep 2013	£160,000	-25.58%
	23 Jul 2012	£215,000	22.16%
	25 Aug 2006	£176,000	35.38%
	03 Jan 2003	£130,000	First Sale
12 NORFOLK WAYTerraced, FreeholdArea: 66 Sq.mtrAge: 1950-1966	28 Apr 2008	£165,000	First Sale
6 NORFOLK WAYTerraced, FreeholdArea: 85 Sq.mtrAge: 1930-1949	20 Jan 2006	£159,995	64.94%
	12 May 2000	£97,000	31.08%
	23 Oct 1998	£74,000	32.14%
	25 Aug 1995	£56,000	First Sale
48 NORFOLK WAYSemi-Detached, Freehold	29 Jan 2004	£169,950	15.61%
48 NORFOLK WAYSemi-Detached, Freehold	21 Mar 2003	£147,000	First Sale
22 NORFOLK WAYTerraced, FreeholdArea: 62 Sq.mtrAge: 1950-1966	20 Nov 1998	£82,000	First Sale
42 NORFOLK WAYTerraced, Freehold	05 Jul 1996	£60,000	First Sale

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

NORFOLK WAY, CM23 3PW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM23 3PW 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 3PW postcode.

Semi-Detached
- The average price is around £222,317 median price is £200,000 Standard Deviation is £127,502 with Total Sold: 1,305
- The Last 5 Year average price is £419,803 with Total Sold: 194
- The most recent sale happened at this postcode is , 34 WHEAT CROFT: £425,000 (Sold on 24 Sep 2024)
- The first recorded sale happened at this postcode is , 36 HIPKINS: £59,995 (Sold on 17 Jan 1995)
Detached
- The average price is around £309,768 median price is £280,000 Standard Deviation is £184,567 with Total Sold: 671
- The Last 5 Year average price is £551,781 with Total Sold: 96
- 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 , 96 HAVERS LANE: £95,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £128,627 median price is £123,000 Standard Deviation is £69,935 with Total Sold: 375
- The Last 5 Year average price is £232,738 with Total Sold: 42
- The most recent sale happened at this postcode is , 17 KNIGHTS ROW: £125,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 6A BENTLEY CLOSE: £32,000 (Sold on 23 Mar 1995)
Terraced
- The average price is around £191,720 median price is £178,000 Standard Deviation is £107,442 with Total Sold: 843
- The Last 5 Year average price is £359,450 with Total Sold: 122
- The most recent sale happened at this postcode is , 50 RHODES AVENUE: £555,000 (Sold on 02 Apr 2024)
- The first recorded sale happened at this postcode is , 53 HONEYBOURNE: £67,500 (Sold on 06 Jan 1995)
Other
- The average price is around £610,000 median price is £610,000 Standard Deviation is £510,000 with Total Sold: 2
- The Last 5 Year average price is £610,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 1 KNIGHTS ROW: £100,000 (Sold on 26 Jun 2023)
- The first recorded sale happened at this postcode is , 5 THORLEY HILL: £1,120,000 (Sold on 24 Jun 2022)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£411,045	£4,896	11
2023	£488,956	£5,574	24
2022	£456,839	£5,478	29
2021	£430,171	£4,977	60
2020	£385,259	£4,745	35
2019	£361,222	£4,494	35
2018	£380,055	£4,616	31
2017	£385,210	£4,591	27
2016	£351,408	£4,222	33
2015	£308,658	£3,881	42
2014	£292,493	£3,402	32
2013	£248,637	£2,920	40
2012	£253,519	£2,842	36
2011	£245,312	£2,858	30
2010	£233,687	£2,926	42
2009	£215,780	£2,692	30
2008	£233,567	£2,899	20
2007	£235,278	£2,974	56
2006	£210,224	£2,549	44
2005	£211,944	£2,552	48
2004	£195,791	£2,277	55
2003	£183,770	£2,258	65
2002	£152,405	£1,882	69
2001	£133,351	£1,691	64
2000	£124,522	£1,526	51
1999	£104,359	£1,253	56
1998	£92,656	£1,036	53
1997	£80,472	£958	58
1996	£70,433	£839	61
1995	£69,943	£931	68

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£549,583	£5,750	6
2023	£614,171	£7,787	19
2022	£575,062	£5,280	16
2021	£558,670	£5,522	25
2020	£484,286	£4,379	14
2019	£503,531	£4,483	16
2018	£511,062	£4,792	16
2017	£512,286	£4,378	14
2016	£474,133	£4,778	26
2015	£478,977	£4,101	24
2014	£403,500	£3,276	17
2013	£354,078	£3,445	16
2012	£327,500	£2,917	17
2011	£367,147	£3,326	19
2010	£328,144	£3,116	19
2009	£270,150	£2,525	10
2008	£389,150	£2,744	13
2007	£321,763	£2,967	29
2006	£273,306	£2,602	25
2005	£270,158	£2,782	24
2004	£297,091	£2,773	31
2003	£260,774	£2,325	27
2002	£208,407	£2,142	26
2001	£209,135	£1,782	33
2000	£190,062	£1,689	24
1999	£154,684	£1,300	43
1998	£133,985	£1,298	42
1997	£117,250	£1,069	23
1996	£104,455	£903	33
1995	£101,917	£882	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£125,000		1
2023	£225,812	£4,215	12
2022	£267,100	£3,905	5
2021	£255,875	£4,114	14
2020	£197,500	£4,177	2
2019	£203,438	£3,852	8
2018	£218,840	£3,947	10
2017	£227,111	£3,801	9
2016	£214,214	£3,733	7
2015	£183,227	£3,397	13
2014	£165,874	£2,659	10
2013	£123,778	£2,508	9
2012	£136,800	£2,612	5
2011	£128,688	£2,465	8
2010	£143,600	£2,410	5
2009	£128,143	£2,354	7
2008	£137,999	£2,975	4
2007	£154,516	£2,659	15
2006	£186,140	£3,678	19
2005	£141,832	£2,626	9
2004	£147,865	£2,508	23
2003	£123,042	£2,318	20
2002	£117,388	£1,813	9
2001	£101,609	£1,786	16
2000	£80,918	£1,420	16
1999	£65,231	£1,189	27
1998	£58,036	£1,021	19
1997	£54,201	£900	24
1996	£53,398	£941	37
1995	£48,583	£888	12

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£555,000	£4,142	1
2023	£359,925	£4,977	20
2022	£395,865	£5,335	26
2021	£343,016	£4,896	31
2020	£350,274	£4,655	29
2019	£334,367	£4,504	15
2018	£318,676	£4,576	17
2017	£312,388	£4,551	19
2016	£314,826	£4,332	23
2015	£279,886	£3,675	28
2014	£240,037	£3,360	28
2013	£209,114	£3,253	28
2012	£203,527	£3,068	27
2011	£208,607	£2,875	14
2010	£210,116	£3,012	15
2009	£185,972	£2,910	18
2008	£210,066	£2,999	31
2007	£220,626	£3,285	28
2006	£188,264	£2,609	34
2005	£181,257	£2,599	33
2004	£173,338	£2,600	22
2003	£162,168	£2,408	32
2002	£146,656	£2,131	38
2001	£121,013	£1,629	39
2000	£105,572	£1,630	37
1999	£90,031	£1,290	50
1998	£79,057	£1,203	39
1997	£72,402	£1,026	42
1996	£61,076	£913	42
1995	£64,349	£888	37

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£100,000		1
2022	£1,120,000	£5,068	1

House Type in CM23 3PW area

The most common house types in the CM23 3PW postcode area are Semi-detached (43), Terraced (39), and Flat (31).

Total	119
Semi-detached	43
Terraced	39
Flat	31
Detached	5
Shared house	1
converted building	0
commercial 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 (42), and Owned: Owns outright (30).

Owned: Owns with a mortgage or loan	42
Owned: Owns outright	30
Social rented: Other social rented	29
Private rented: Private landlord or letting agency	9
Social rented: Rents from council or Local Authority	5
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the CM23 3PW have 2 people in household (40), and 1 person in household (30).

2 people in household	40
1 person in household	30
4 people in household	21
3 people in household	18
5 people in household	9
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0