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House Prices in CM22

The average house price in CM22 (Bishop's Stortford) is £415,562 using HM Land Registry data.

The average property price increased by £93,786 (21.53%) over the last 5 years and increased by £18,749 (3.35%) over the last 12 months.

Over the last year, there were 116 residential property sales – a decrease of 60 transactions (-51.72%) relative to the previous year. The majority of house sales (40) were in the £300,000 - £436,000 range. Then came properties in the £436,000 - £572,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,357 (-2%).

In June 2024, there were 58 new estate agency instructions, 33 agreed home sales and 35 property price reductions.

5-Year Average Property Prices in CM22 (Bishop's Stortford)

21.53%

Property prices in Bishop's Stortford increased by 21.53% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CM22 (Bishop's Stortford) Over the Last Year

3.35%

Property prices in Bishop's Stortford increased by 3.35% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for CM22 (Bishop's Stortford) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CM22 (Bishop's Stortford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CM22 (Bishop's Stortford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CM22 (Bishop's Stortford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CM22 (Bishop's Stortford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM22 postcode area since 1995.

Recent Sales in CM22 (Bishop's Stortford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
10 High Pastures, Sheering, Bishop's Stortford, Essex, CM22 7NP	£465,000	£465,000	£00	08 Jan 2024	26 Apr 2024	109 Days
Casa Cyd, Wrights Green Lane, Little Hallingbury, Bishop's Stortford, Essex, CM22 7RF	£830,000	£820,000	-£10,000	03 Nov 2022	26 Apr 2024	540 Days
3 Primley Lane, Sheering, Bishop's Stortford, Essex, CM22 7NH	£525,000	£520,000	-£5,000	06 Nov 2023	19 Apr 2024	165 Days
Brookside House, Hammond Road, Hatfield Broad Oak, Bishop's Stortford, Essex, CM22 7JP	£900,000	£857,500	-£42,500	18 Nov 2023	28 Mar 2024	131 Days
43 Oziers, Elsenham, Bishop's Stortford, Essex, CM22 6LS	£325,000	£315,000	-£10,000	01 Sep 2023	15 Mar 2024	196 Days
Zena, Brewers End, Takeley, Bishop's Stortford, Essex, CM22 6QJ	£450,000	£430,000	-£20,000	22 Dec 2023	29 Feb 2024	69 Days
48 Long Croft, Takeley, Bishop's Stortford, Essex, CM22 6RX	£285,000	£275,000	-£10,000	16 Oct 2023	02 Feb 2024	109 Days
The Old Coach House, Pledgdon Green, Henham, Bishop's Stortford, Essex, CM22 6BN	£635,000	£617,500	-£17,500	29 Nov 2023	29 Nov 2023	0 Days
Skerries, Dell Lane, Little Hallingbury, Bishop's Stortford, Essex, CM22 7SH	£625,000	£590,000	-£35,000	18 Aug 2023	27 Nov 2023	101 Days
Yew Tree Cottage, Chickney Road, Henham, Bishop's Stortford, Essex, CM22 6BD	£775,000	£760,000	-£15,000	07 Jul 2023	22 Nov 2023	138 Days
The Old Post House, Cambridge Road, Ugley, Bishop's Stortford, Essex, CM22 6HR	£900,000	£875,000	-£25,000	16 Jun 2023	31 Oct 2023	137 Days
29 Oziers, Elsenham, Bishop's Stortford, Essex, CM22 6LS	£395,000	£350,000	-£45,000	12 Jul 2023	30 Oct 2023	110 Days
8 De Mandeville Road, Elsenham, Bishop's Stortford, Essex, CM22 6LR	£425,000	£400,000	-£25,000	08 Mar 2023	16 Oct 2023	222 Days
71 Woodside Green, Great Hallingbury, Bishop's Stortford, Essex, CM22 7UU	£475,000	£470,000	-£5,000	22 Jun 2023	12 Oct 2023	112 Days
45 The Plashets, Sheering, Bishop's Stortford, Essex, CM22 7NN	£400,000	£400,000	£00	23 May 2023	06 Oct 2023	136 Days
27 North Road, Takeley, Bishop's Stortford, Essex, CM22 6RG	£315,000	£305,000	-£10,000	31 Jul 2023	06 Oct 2023	67 Days
Wood Rising, The Street, Sheering, Bishop's Stortford, Essex, CM22 7LS	£588,000	£555,000	-£33,000	30 Jan 2023	04 Oct 2023	247 Days
Netherstone, Broad Street Green, Hatfield Broad Oak, Bishop's Stortford, Essex, CM22 7JA	£900,000	£870,000	-£30,000	05 May 2023	29 Sep 2023	147 Days
The Wallburys, Dell Lane, Little Hallingbury, Bishop's Stortford, Essex, CM22 7SQ	£1,195,000	£1,075,000	-£120,000	03 May 2023	28 Sep 2023	148 Days
Briarwood, Chelmsford Road, Hatfield Heath, Bishop's Stortford, Essex, CM22 7BD	£1,500,000	£1,500,000	£00	20 Feb 2023	26 Sep 2023	218 Days

Most Expensive Streets in CM22 (Bishop's Stortford)

Postcode	Street	Area	Average	No. of Sales
CM22 7BD	Chelmsford Road, Hatfield Heath	Bishop's Stortford	£1,461,250	4
CM22 7NR	Church Lane, Sheering	Bishop's Stortford	£1,162,250	3
CM22 7DR	Sawbridgeworth Road, Hatfield Heath	Bishop's Stortford	£1,097,666	3
CM22 7EE	Dunmow Road, Hatfield Heath	Bishop's Stortford	£1,080,000	3
CM22 7FH	Tawny Grove, Hatfield Broad Oak	Bishop's Stortford	£1,014,444	9
CM22 6AR	High Street, Henham	Bishop's Stortford	£960,833	6
CM22 6AY	Wood End Green, Henham	Bishop's Stortford	£958,333	3
CM22 6JH	Old Mead Lane, Henham	Bishop's Stortford	£942,400	5
CM22 6EA	Fullers End, Elsenham	Bishop's Stortford	£925,833	6
CM22 7LX	The Street, Sheering	Bishop's Stortford	£907,500	5

Least Expensive Streets in CM22 (Bishop's Stortford)

Postcode	Street	Area	Average	No. of Sales
CM22 7HD	Feathers Hill, Hatfield Broad Oak	Bishop's Stortford	£173,333	3
CM22 7AH	Ardley Crescent, Hatfield Heath	Bishop's Stortford	£237,333	3
CM22 6LU	The Croft, Elsenham	Bishop's Stortford	£263,800	5
CM22 6GU	Isabel Drive, Elsenham	Bishop's Stortford	£268,500	3
CM22 6RG	North Road, Takeley	Bishop's Stortford	£283,750	4
CM22 7PY	Red Brick Row, Little Hallingbury	Bishop's Stortford	£295,000	3
CM22 6RX	Long Croft, Takeley	Bishop's Stortford	£296,571	7
CM22 7EL	Broomfields, Hatfield Heath	Bishop's Stortford	£296,666	3
CM22 6LS	Oziers, Elsenham	Bishop's Stortford	£303,374	12
CM22 6HD	Alsa Gardens, Elsenham	Bishop's Stortford	£315,000	5