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Bishop's Stortford House Prices

The average house price in Bishop's Stortford is £461,766 using HM Land Registry data.

The average property price increased by £67,861 (14.95%) over the last 5 years and increased by £13,563 (2.67%) over the last 12 months.

Over the last year, there were 395 residential property sales – a decrease of 257 transactions (-65.06%) relative to the previous year. The majority of house sales (91) were in the £350,000 - £470,000 range. Then came properties in the £230,000 - £350,000 range, where 86 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,042 (-2%).

In April 2024, there were 116 new estate agency instructions, 60 agreed home sales and 60 property price reductions.

5-Year Average Property Prices in Bishop's Stortford

14.95%

Property prices in Bishop's Stortford increased by 14.95% 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 Bishop's Stortford Over the Last Year

2.67%

Property prices in Bishop's Stortford increased by 2.67% 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 Bishop's Stortford - April 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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 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 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 Bishop's Stortford since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Bishop's Stortford area since 1995.

Recent Property Sales in Bishop's Stortford

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
16 Pleasant Road, Bishop's Stortford, Hertfordshire, CM23 2SJ	£595,000	£595,000	£00	04 Apr 2023	24 Aug 2023	142 Days
10 The Sycamores, Bishop's Stortford, Hertfordshire, CM23 5JR	£825,000	£790,000	-£35,000	03 Feb 2023	08 Aug 2023	186 Days
6 Rushleigh Green, Bishop's Stortford, Hertfordshire, CM23 4JH	£200,000	£195,000	-£5,000	21 Nov 2022	31 Jul 2023	252 Days
9 Dukes Ride, Bishop's Stortford, Hertfordshire, CM23 4BY	£375,000	£360,000	-£15,000	06 Apr 2023	21 Jul 2023	106 Days
44 Winchester Close, Bishop's Stortford, Hertfordshire, CM23 4JQ	£500,000	£485,000	-£15,000	09 Mar 2023	21 Jul 2023	134 Days
7 Fulton Crescent, Bishop's Stortford, Hertfordshire, CM23 5DA	£675,000	£675,000	£00	13 Mar 2023	18 Jul 2023	127 Days
1 Firlands, Bishop's Stortford, Hertfordshire, CM23 3TB	£350,000	£330,000	-£20,000	15 Dec 2022	18 Jul 2023	215 Days
7 Willow Close, Bishop's Stortford, Hertfordshire, CM23 2RY	£885,000	£870,000	-£15,000	07 Mar 2023	18 Jul 2023	133 Days
85 Wentworth Drive, Bishop's Stortford, Hertfordshire, CM23 2PD	£525,000	£480,000	-£45,000	28 Mar 2023	14 Jul 2023	108 Days
75 New Town Road, Bishop's Stortford, Hertfordshire, CM23 3SB	£325,000	£308,000	-£17,000	22 Sep 2022	14 Jul 2023	295 Days
49 Thorley Park Road, Bishop's Stortford, Hertfordshire, CM23 3NG	£600,000	£580,000	-£20,000	13 Mar 2023	14 Jul 2023	123 Days
74 Nightingales, Bishop's Stortford, Hertfordshire, CM23 5JQ	£295,000	£280,000	-£15,000	08 Sep 2022	13 Jul 2023	308 Days
24 Trinity Close, Bishop's Stortford, Hertfordshire, CM23 3HS	£425,000	£425,000	£00	04 May 2023	12 Jul 2023	69 Days
6 Meadowsweet Close, Bishop's Stortford, Hertfordshire, CM23 4PY	£650,000	£630,000	-£20,000	26 May 2023	10 Jul 2023	45 Days
Flat 19, Springfield Court, Hadham Road, Bishop's Stortford, Hertfordshire, CM23 2QJ	£285,000	£285,000	£00	24 Mar 2023	07 Jul 2023	105 Days
3 Regency Close, Bishop's Stortford, Hertfordshire, CM23 2NP	£895,000	£887,500	-£7,500	30 Mar 2023	05 Jul 2023	97 Days
10 Boundary Road, Bishop's Stortford, Hertfordshire, CM23 5LE	£650,000	£605,000	-£45,000	19 Jan 2023	30 Jun 2023	162 Days
23 Larchwood, Bishop's Stortford, Hertfordshire, CM23 4JS	£315,000	£300,000	-£15,000	23 Mar 2023	30 Jun 2023	99 Days
17 Grace Gardens, Bishop's Stortford, Hertfordshire, CM23 3ET	£515,000	£500,000	-£15,000	09 Mar 2023	29 Jun 2023	112 Days
19 Primrose Close, Bishop's Stortford, Hertfordshire, CM23 4QG	£550,000	£527,000	-£23,000	12 Jan 2023	29 Jun 2023	168 Days

Most Expensive Streets in Bishop's Stortford

Postcode	Street	Area	Average	No. of Sales
CM23 2JN	Dane O'coys Road	Bishop's Stortford	£2,700,000	1
CM23 2FR	The Grove	Bishop's Stortford	£2,437,500	2
CM23 2JL	Whitehall Road	Bishop's Stortford	£2,300,000	1
CM23 2GZ	The Spires	Bishop's Stortford	£2,000,000	1
CM23 2FT	Spring Place	Bishop's Stortford	£1,950,000	1
CM23 2QG	Hadham Road	Bishop's Stortford	£1,796,000	1
CM23 5NN	Warwick Road	Bishop's Stortford	£1,715,000	1
CM23 2PN	Maze Green Road	Bishop's Stortford	£1,565,000	2
CM23 5FH	Madigan Place	Bishop's Stortford	£1,553,750	4
CM23 2PJ	Maze Green Road	Bishop's Stortford	£1,505,000	2

Least Expensive Streets in Bishop's Stortford

Postcode	Street	Area	Average	No. of Sales
CM23 1BW	Higgs Court	Gibson Road	£94,000	3
CM23 1EZ	Holland Court	Allerthorp Road	£119,500	5
CM23 2XR	Castle View	Hockerill Street, Bishop's Stortford	£122,272	11
CM23 3DE	Swan Court	South Street, Bishop's Stortford	£123,833	3
CM23 2UG	Elliott Court	Legion Way	£160,916	12
CM23 3AG	South Street	Bishop's Stortford	£162,500	2
CM23 3BS	Eider Court	John Dyde Close	£173,125	8
CM23 2SQ	Oak Hall	Chantry Road	£175,000	1
CM23 2NZ	Florence Walk	Bishop's Stortford	£176,250	2
CM23 5LN	Dimsdale Crescent	Bishop's Stortford	£180,000	1