Housing Market Analysis for THORN GROVE, CM23 5LB

Are you looking to understand CM23 5LB 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 5LB area, explore the CM23 5LB Area information page.
For comprehensive crime statistics in the CM23 5LB area, explore the CM23 5LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM23 5LB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £971,325 median price is £882,500 Standard Deviation is £570,740 with Total Sold: 20
    • The Last 5 Year average price is £1,612,200 with Total Sold: 5
    • The most recent sale happened at this postcode is 7 THORN GROVE: £1,835,000 (Sold on 08 Mar 2023)
    • The first recorded sale happened at this postcode is 17 THORN GROVE: £227,500 (Sold on 21 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average CM23 5LB 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,835,000 £3,929 2
2022£1,976,000 £5,355 1
2021£1,207,500 £6,860 2
2016£1,675,000 £3,587 1
2014£805,500 £4,022 2
2011£713,000 £3,127 1
2007£1,368,500 £3,313 2
2006£854,500 £2,127 2
2003£446,500 £2,297 2
2002£375,000 £1,838 1
2001£890,000 £2,412 1
2000£345,0001
1998£208,750 £1,221 2

All the Sales in the THORN GROVE, CM23 5LB

See the table below for more details on the sold house prices in the CM23 5LB, East Hertfordshire postcode.

AddressSold DatePrice% Change
7 THORN GROVEDetached, FreeholdArea: 467 Sq.mtrAge: 2003-200608 Mar 2023£1,835,0000.0
08 Mar 2023£1,835,0009.55%
22 Aug 2016£1,675,00020.33%
16 Mar 2007£1,392,000First Sale
3 THORN GROVEDetached, FreeholdArea: 369 Sq.mtrAge: 2003-200613 Apr 2022£1,976,00046.91%
05 Jun 2007£1,345,00051.12%
10 Sep 2001£890,000First Sale
9 THORN GROVEDetached, FreeholdArea: 196 Sq.mtrAge: 1967-197521 Oct 2021£1,440,00095.65%
10 Apr 2014£736,000First Sale
13 THORN GROVEDetached, FreeholdArea: 153 Sq.mtrAge: 1967-197508 Mar 2021£975,000First Sale
15 THORN GROVEDetached, FreeholdArea: 204 Sq.mtrAge: 1967-197515 Jul 2014£875,000101.61%
27 Mar 2006£434,0001.64%
05 Nov 2003£427,00013.87%
13 Sep 2002£375,000First Sale
17 THORN GROVEDetached, FreeholdArea: 228 Sq.mtrAge: 1967-197524 Oct 2011£713,00053.00%
28 Feb 2003£466,000104.84%
21 May 1998£227,500First Sale
5 THORN GROVEDetached, Freehold15 Feb 2006£1,275,000First Sale
1 THORN GROVEDetached, Freehold07 Jul 2000£345,000First Sale
GROVE HOUSE, 7 THORN GROVEDetached, Freehold28 May 1998£190,000First Sale

Check out the sold house prices near the CM23 5LB postcode. Properties currently for saleProperties currently for rent

THORN GROVE, CM23 5LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM23 5LB 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 5LB postcode.

  • Flat
    • The average price is around £169,337 median price is £170,000 Standard Deviation is £82,887 with Total Sold: 1,287
    • The Last 5 Year average price is £244,894 with Total Sold: 165
    • The most recent sale happened at this postcode is FLAT 3, HOCKERILL COURT LONDON ROAD: £190,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 3, HOCKERILL COURT LONDON ROAD: £33,250 (Sold on 18 Jan 1995)
  • Semi-Detached
    • The average price is around £295,534 median price is £249,995 Standard Deviation is £192,687 with Total Sold: 500
    • The Last 5 Year average price is £521,021 with Total Sold: 74
    • The most recent sale happened at this postcode is , 46 WARWICK ROAD: £925,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 26 HALLINGBURY ROAD: £79,250 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £536,676 median price is £420,000 Standard Deviation is £394,582 with Total Sold: 531
    • The Last 5 Year average price is £987,876 with Total Sold: 78
    • The most recent sale happened at this postcode is , 11 AVENUE ROAD: £2,100,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 GILBEY AVENUE: £144,500 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £1,131,329 median price is £320,000 Standard Deviation is £1,312,488 with Total Sold: 30
    • The Last 5 Year average price is £1,453,301 with Total Sold: 17
    • 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)
  • Terraced
    • The average price is around £209,255 median price is £190,000 Standard Deviation is £117,761 with Total Sold: 714
    • The Last 5 Year average price is £352,400 with Total Sold: 82
    • The most recent sale happened at this postcode is , 89 CAVELL DRIVE: £450,000 (Sold on 15 Apr 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,579 £4,157 19
2023£242,619 £4,754 21
2022£265,506 £4,426 38
2021£248,873 £3,970 45
2020£238,735 £4,180 17
2019£220,340 £4,104 25
2018£261,022 £4,367 72
2017£239,404 £4,308 39
2016£233,095 £4,074 58
2015£202,052 £3,469 43
2014£176,802 £3,115 59
2013£182,121 £2,666 64
2012£182,059 £2,586 63
2011£136,738 £2,787 21
2010£147,179 £2,719 14
2009£144,250 £2,423 18
2008£164,901 £2,750 27
2007£190,118 £3,417 68
2006£178,222 £3,223 96
2005£196,620 £3,382 77
2004£164,272 £3,189 50
2003£150,291 £2,810 42
2002£117,889 £2,406 44
2001£106,958 £2,086 43
2000£70,599 £1,639 33
1999£63,895 £1,450 46
1998£52,744 £1,175 51
1997£47,477 £1,061 39
1996£43,144 £941 32
1995£42,304 £944 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£834,000 £4,449 3
2023£532,703 £5,195 15
2022£576,597 £5,240 18
2021£447,676 £5,108 17
2020£512,375 £5,027 8
2019£459,596 £4,698 13
2018£472,515 £4,299 19
2017£497,717 £4,447 26
2016£412,299 £4,078 14
2015£407,753 £5,325 18
2014£317,372 £3,609 18
2013£287,358 £2,917 18
2012£247,455 £3,030 11
2011£289,645 £2,857 12
2010£318,708 £3,219 14
2009£296,802 £2,683 23
2008£296,250 £2,983 10
2007£337,143 £2,942 14
2006£234,458 £2,602 25
2005£261,664 £2,382 21
2004£261,887 £2,502 20
2003£213,099 £2,088 20
2002£178,463 £1,830 15
2001£154,314 £1,615 22
2000£133,411 £1,446 23
1999£160,495 £1,461 11
1998£106,143 £996 14
1997£83,460 £892 20
1996£83,962 £835 21
1995£85,129 £790 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,576,250 £6,747 4
2023£951,562 £6,755 16
2022£996,300 £5,471 10
2021£1,133,636 £6,726 22
2020£720,913 £5,148 15
2019£891,600 £4,802 11
2018£791,083 £5,405 18
2017£919,442 £4,459 13
2016£754,271 £4,713 17
2015£595,529 £3,936 17
2014£793,434 £4,333 17
2013£521,247 £3,230 18
2012£652,235 £4,935 10
2011£692,857 £3,565 7
2010£552,974 £3,533 18
2009£515,050 £2,983 10
2008£560,518 £2,427 9
2007£573,562 £2,713 24
2006£483,795 £3,053 32
2005£416,372 £2,795 40
2004£450,344 £3,336 18
2003£403,158 £2,445 24
2002£383,740 £2,131 25
2001£305,339 £1,836 35
2000£273,043 £1,847 23
1999£221,074 £1,640 14
1998£184,929 £1,192 14
1997£180,762 £1,149 17
1996£169,428 £1,063 20
1995£153,885 £901 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,0001
2023£1,420,0002
2021£1,202,200 £3,957 5
2020£965,0001
2019£1,821,2658
2018£514,667 £3,231 3
2017£161,250 £3,223 4
2016£2,708,375 £3,945 2
2014£385,000 £5,580 1
2013£414,333 £13,711 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£429,161 £4,621 3
2023£357,029 £4,655 17
2022£386,933 £5,734 15
2021£357,938 £5,078 16
2020£339,878 £4,354 18
2019£299,306 £4,647 13
2018£312,042 £4,496 18
2017£361,058 £4,338 18
2016£303,424 £4,077 23
2015£296,410 £3,858 20
2014£243,347 £3,591 19
2013£225,982 £3,162 23
2012£200,428 £2,790 7
2011£219,982 £2,864 14
2010£199,284 £2,938 17
2009£198,625 £2,611 8
2008£184,795 £3,077 11
2007£212,703 £3,286 29
2006£303,991 £3,299 51
2005£289,506 £3,004 62
2004£200,754 £2,637 34
2003£167,224 £2,587 28
2002£141,120 £2,140 34
2001£117,297 £1,775 37
2000£110,738 £1,675 25
1999£79,355 £1,211 29
1998£78,646 £1,216 45
1997£71,305 £1,070 37
1996£60,467 £951 28
1995£64,522 £1,055 15

House Type in CM23 5LB area

The most common house types in the CM23 5LB postcode area are Detached (108), Flat (91), and Semi-detached (34).

Total246
Detached108
Flat91
Semi-detached34
Terraced13
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (83), and Owned: Owns outright (74).

Owned: Owns with a mortgage or loan83
Owned: Owns outright74
Private rented: Private landlord or letting agency49
Social rented: Other social rented29
Shared ownership: Shared ownership8
Private rented: Other private rented2
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the CM23 5LB have 2 people in household (86), and 1 person in household (57).

2 people in household86
1 person in household57
3 people in household46
4 people in household45
5 people in household8
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0