Housing Market Analysis for CAVELL DRIVE, CM23 5PZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £359,532 median price is £366,000 Standard Deviation is £48,161 with Total Sold: 29
- The Last 5 Year average price is £398,333 with Total Sold: 3
- The most recent sale happened at this postcode is 127 CAVELL DRIVE: £450,000 (Sold on 22 Aug 2023)
- The first recorded sale happened at this postcode is 116 CAVELL DRIVE: £327,750 (Sold on 28 Jan 2005)
Flat
- The average price is around £186,421 median price is £197,500 Standard Deviation is £21,637 with Total Sold: 7
- The most recent sale happened at this postcode is 121 CAVELL DRIVE: £210,000 (Sold on 17 Aug 2018)
- The first recorded sale happened at this postcode is 120 CAVELL DRIVE: £197,500 (Sold on 22 Dec 2004)
Semi-Detached
- The average price is around £344,995 median price is £344,995 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 117 CAVELL DRIVE: £344,995 (Sold on 27 Jan 2005)
- The first recorded sale happened at this postcode is 117 CAVELL DRIVE: £344,995 (Sold on 27 Jan 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average CM23 5PZ 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	£450,000	£3,913	1
2021	£350,000	£4,127	1
2020	£395,000	£3,435	1
2016	£370,000	£3,160	2
2015	£340,000	£2,678	1
2013	£335,000	£2,603	1
2011	£264,998	£2,392	2
2010	£275,000	£2,166	1
2006	£398,991	£3,130	9
2005	£342,052	£3,386	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£210,000	£4,480	1
2014	£149,950	£3,199	1
2006	£210,000		1
2005	£179,165	£3,623	3
2004	£197,500	£3,185	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£344,995		1

All the Sales in the CAVELL DRIVE, CM23 5PZ

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

Address	Sold Date	Price	% Change
127 CAVELL DRIVETerraced, FreeholdArea: 115 Sq.mtrAge: 2003-2006	22 Aug 2023	£450,000	13.92%
	25 Sep 2020	£395,000	6.76%
	30 Jun 2005	£369,995	First Sale
130 CAVELL DRIVETerraced, FreeholdArea: 84.8 Sq.mtrAge: 2003-2006	25 Jun 2021	£350,000	29.73%
	30 Jun 2005	£269,800	First Sale
121 CAVELL DRIVEFlat, LeaseholdArea: 46.87 Sq.mtrAge: 2003-2006	17 Aug 2018	£210,000	40.05%
	07 Feb 2014	£149,950	-9.12%
	28 Jan 2005	£165,000	First Sale
116 CAVELL DRIVETerraced, FreeholdArea: 102 Sq.mtrAge: 2003-2006	03 Mar 2016	£350,000	40.00%
	29 Jul 2011	£249,995	-23.72%
	28 Jan 2005	£327,750	First Sale
128 CAVELL DRIVETerraced, FreeholdArea: 135 Sq.mtrAge: 2003-2006	26 Feb 2016	£390,000	8.33%
	26 Aug 2005	£359,995	First Sale
134 CAVELL DRIVETerraced, FreeholdArea: 126.94 Sq.mtrAge: 2003-2006	28 Jan 2015	£340,000	23.64%
	14 May 2010	£275,000	-31.25%
	17 Feb 2006	£399,995	First Sale
138 CAVELL DRIVETerraced, FreeholdArea: 128.7 Sq.mtrAge: 2003-2006	16 Oct 2013	£335,000	-16.25%
	12 May 2006	£399,995	0.0
	12 May 2006	£399,995	First Sale
129 CAVELL DRIVETerraced, FreeholdArea: 120 Sq.mtrAge: 2003-2006	02 Nov 2011	£280,000	-23.50%
	26 Jan 2006	£366,000	First Sale
122 CAVELL DRIVEFlat, Leasehold	18 Dec 2006	£210,000	6.33%
122 CAVELL DRIVEFlat, Leasehold	28 Jan 2005	£197,500	First Sale
132 CAVELL DRIVETerraced, Freehold	05 May 2006	£399,950	First Sale
135 CAVELL DRIVETerraced, Freehold	25 Apr 2006	£399,995	First Sale
133 CAVELL DRIVETerraced, FreeholdArea: 126.15 Sq.mtrAge: 2003-2006	31 Mar 2006	£409,995	First Sale
137 CAVELL DRIVETerraced, FreeholdArea: 132 Sq.mtrAge: 2003-2006	29 Mar 2006	£409,995	First Sale
136 CAVELL DRIVETerraced, FreeholdArea: 128 Sq.mtrAge: 1996-2002	24 Feb 2006	£405,000	First Sale
126 CAVELL DRIVETerraced, Freehold	23 Dec 2005	£369,995	First Sale
125 CAVELL DRIVETerraced, Freehold	22 Dec 2005	£369,995	First Sale
124 CAVELL DRIVETerraced, FreeholdArea: 104 Sq.mtrAge: 2003-2006	26 Aug 2005	£366,000	First Sale
131 CAVELL DRIVETerraced, FreeholdArea: 86 Sq.mtrAge: 2003-2006	18 Jul 2005	£287,000	First Sale
118 CAVELL DRIVETerraced, Freehold	30 Jun 2005	£349,995	First Sale
123 CAVELL DRIVETerraced, FreeholdArea: 74.06 Sq.mtrAge: 2003-2006	22 Apr 2005	£350,000	First Sale
119 CAVELL DRIVEFlat, LeaseholdArea: 46.96 Sq.mtrAge: 2003-2006	28 Jan 2005	£174,995	First Sale
117 CAVELL DRIVESemi-Detached, Freehold	27 Jan 2005	£344,995	First Sale
120 CAVELL DRIVEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	22 Dec 2004	£197,500	First Sale

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

CAVELL DRIVE, CM23 5PZ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £275,051 median price is £230,000 Standard Deviation is £182,833 with Total Sold: 539
- The Last 5 Year average price is £501,085 with Total Sold: 80
- 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 , 106 DUNMOW ROAD: £74,000 (Sold on 10 Feb 1995)
Detached
- The average price is around £580,258 median price is £470,000 Standard Deviation is £384,459 with Total Sold: 517
- The Last 5 Year average price is £1,078,572 with Total Sold: 74
- 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)
Flat
- The average price is around £178,163 median price is £185,000 Standard Deviation is £76,486 with Total Sold: 352
- The Last 5 Year average price is £237,742 with Total Sold: 46
- The most recent sale happened at this postcode is FLAT F, 25 GRANGE ROAD: £195,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 9 CLIFFORD COURT: £42,750 (Sold on 31 Mar 1995)
Terraced
- The average price is around £232,510 median price is £218,000 Standard Deviation is £123,466 with Total Sold: 489
- The Last 5 Year average price is £375,479 with Total Sold: 53
- The most recent sale happened at this postcode is , 1A EAST ROAD: £190,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 190 DUNMOW ROAD: £52,000 (Sold on 31 Mar 1995)
Other
- The average price is around £8,233,334 median price is £1,320,000 Standard Deviation is £12,334,640 with Total Sold: 4
- The Last 5 Year average price is £10,741,112 with Total Sold: 3
- The most recent sale happened at this postcode is , ROXBURGH HOUSE AVENUE ROAD: £1,850,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is , 79 DUNMOW ROAD: £710,000 (Sold on 24 May 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£640,100		5
2023	£510,150	£5,159	10
2022	£541,500	£4,827	21
2021	£436,806	£5,409	18
2020	£518,590	£4,904	11
2019	£456,420	£4,831	15
2018	£413,385	£4,234	20
2017	£499,539	£4,533	18
2016	£387,158	£4,086	17
2015	£394,027	£5,166	20
2014	£296,812	£3,444	16
2013	£281,618	£2,915	19
2012	£235,111	£2,953	9
2011	£275,636	£2,888	11
2010	£315,392	£2,921	12
2009	£304,333	£2,808	18
2008	£274,568	£2,914	11
2007	£286,536	£3,030	21
2006	£245,823	£2,720	26
2005	£259,618	£2,448	19
2004	£263,539	£2,587	19
2003	£194,961	£2,152	27
2002	£170,198	£1,882	25
2001	£146,371	£1,631	28
2000	£138,293	£1,569	22
1999	£139,850	£1,432	16
1998	£107,995	£967	21
1997	£87,264	£1,001	24
1996	£79,860	£872	24
1995	£86,781	£844	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,926,667	£6,747	3
2023	£1,086,909	£5,825	11
2022	£1,058,111	£5,823	9
2021	£1,270,555	£6,787	18
2020	£849,424	£4,919	17
2019	£952,819	£4,852	16
2018	£882,571	£5,506	14
2017	£854,365	£4,229	13
2016	£875,250	£4,751	16
2015	£663,357	£3,839	14
2014	£857,092	£4,326	15
2013	£648,650	£3,248	13
2012	£689,419	£3,898	8
2011	£708,400	£3,455	10
2010	£658,291	£5,717	17
2009	£649,062	£3,021	8
2008	£656,167	£2,739	6
2007	£639,185	£2,822	27
2006	£537,306	£3,015	31
2005	£454,919	£2,768	29
2004	£458,343	£2,947	21
2003	£434,616	£2,263	24
2002	£446,492	£2,089	20
2001	£356,846	£1,893	33
2000	£332,974	£1,800	38
1999	£227,755	£1,736	8
1998	£268,812	£2,864	16
1997	£216,625	£1,226	12
1996	£203,965	£1,051	31
1995	£192,079	£892	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£222,000	£3,977	5
2023	£241,375	£4,138	4
2022	£272,300	£4,314	15
2021	£227,665	£3,015	10
2020	£222,300	£3,847	5
2019	£198,286	£3,700	7
2018	£181,318	£3,407	11
2017	£261,784	£4,287	9
2016	£226,266	£3,900	19
2015	£186,995	£3,248	12
2014	£168,338	£2,964	22
2013	£142,694	£2,743	9
2012	£148,717	£2,417	9
2011	£126,500	£2,596	7
2010	£130,667	£2,917	3
2009	£101,899	£1,617	5
2008	£158,660	£2,910	9
2007	£182,389	£2,844	9
2006	£214,301	£3,556	38
2005	£221,699	£3,602	54
2004	£179,827	£3,088	32
2003	£114,090	£2,409	5
2002	£84,214	£1,675	7
2001	£88,653	£1,898	5
2000	£66,158	£1,301	6
1999	£57,844	£1,200	8
1998	£54,842	£1,064	8
1997	£51,000	£1,117	5
1996	£49,356	£926	7
1995	£47,036	£911	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£366,667	£4,071	3
2023	£397,627	£4,599	11
2022	£414,900	£5,405	15
2021	£328,167	£4,517	12
2020	£361,111	£4,065	9
2019	£338,333	£3,951	3
2018	£365,187	£4,293	12
2017	£355,000	£4,395	14
2016	£343,067	£4,007	15
2015	£283,317	£3,582	15
2014	£265,316	£3,437	10
2013	£239,662	£2,963	14
2012	£229,141	£3,034	7
2011	£210,909	£2,941	11
2010	£230,714	£3,003	7
2009	£193,167	£2,652	9
2008	£200,028	£2,898	9
2007	£227,880	£2,992	15
2006	£326,445	£3,249	47
2005	£300,685	£3,022	59
2004	£225,482	£2,507	20
2003	£206,580	£2,593	16
2002	£158,995	£2,159	21
2001	£129,240	£1,620	20
2000	£119,384	£1,678	29
1999	£99,306	£1,181	17
1998	£76,450	£1,070	21
1997	£63,404	£878	25
1996	£59,480	£775	13
1995	£60,875	£759	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£1,320,000	£5,055	2
2019	£29,583,337	£501,412	1
2018	£710,000	£3,302	1

House Type in CM23 5PZ area

The most common house types in the CM23 5PZ postcode area are Flat (59), converted building (18), and Semi-detached (16).

Total	117
Flat	59
converted building	18
Semi-detached	16
Terraced	15
Detached	7
Shared house	1
temporary structure	1
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (51), and Owned: Owns with a mortgage or loan (29).

Private rented: Private landlord or letting agency	51
Owned: Owns with a mortgage or loan	29
Owned: Owns outright	14
Shared ownership: Shared ownership	14
Social rented: Other social rented	9
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CM23 5PZ have 1 person in household (52), and 2 people in household (29).

1 person in household	52
2 people in household	29
3 people in household	16
4 people in household	13
5 people in household	8
6 people in household	3
8 or more people in household	1
0 people in household	0
7 people in household	0