Lower Street - CM24 8LP
Key Postcode Insights
CM24 8LP is a residential postcode situated on Lower Street, Stansted, CM24 with 8 addresses.
It ranks as the 97th largest and 40th most expensive of the 242 postcodes in the CM24 area.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
- Ave. Sale Price
- £296,790
- 10 Year change
- up 12.9%
- Ave. Rental Price
- £1,385pcm
- 10 Year change
- up 50.8%
- Ave. £ per ft²
- £410/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
CM24 8LP is a residential postcode situated on Lower Street, Stansted, CM24 with 8 addresses.
It ranks as the 97th largest and 40th most expensive of the 242 postcodes in the CM24 area.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
- Ave. Sale Price
- £296,790
- 10 Year change
- up 12.9%
- Ave. Rental Price
- £1,385pcm
- 10 Year change
- up 50.8%
- Ave. £ per ft²
- £410/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin CM24 8LP
- 6 Lower Street
Unknown
- 8 Lower Street
Unknown
- Flat
Unknown
- 14A Lower Street
3 Bed House
- 16A Lower Street
Unknown
Sales Market Trends
The last sale in CM24 8LP sold for £310,000 on 24th September 2007. Since then prices are up an average of 60.7%.
The current average value in the postcode is £296,790.
The CM24 8LP Sales Market has increased by 12.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £296,790 |
| June 2025 | 0.9% | £304,521 |
| June 2024 | -1% | £301,880 |
| June 2023 | -3.4% | £305,071 |
| June 2022 | 8.5% | £315,650 |
| June 2021 | 5.2% | £290,904 |
| June 2020 | 4.8% | £276,439 |
| June 2019 | -4.1% | £263,701 |
| June 2018 | -0.1% | £274,948 |
| June 2017 | 4.7% | £275,271 |
| June 2016 | 10% | £262,800 |
| June 2015 | 13.2% | £238,803 |
| June 2014 | 12% | £210,882 |
| June 2013 | -0.9% | £188,353 |
| June 2012 | 6.7% | £190,048 |
| June 2011 | -0.9% | £178,166 |
| June 2010 | 11.9% | £179,721 |
| June 2009 | -10.4% | £160,600 |
| June 2008 | -2.1% | £179,289 |
| June 2007 | 0% | £183,159 |
Rental Market Trends
The current average rental value in the postcode is £1,385.
The CM24 8LP Rental Market has increased by 50.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,385pcm |
| June 2025 | 8.4% | £1,340pcm |
| June 2024 | 4.7% | £1,236pcm |
| June 2023 | 7.8% | £1,181pcm |
| June 2022 | 7.8% | £1,096pcm |
| June 2021 | 7.2% | £1,016pcm |
| June 2020 | 0.6% | £948pcm |
| June 2019 | -0.1% | £942pcm |
| June 2018 | 0.4% | £943pcm |
| June 2017 | 2.3% | £940pcm |
| June 2016 | 3.1% | £919pcm |
| June 2015 | 9.1% | £891pcm |
| June 2014 | 6.6% | £817pcm |
| June 2013 | 0.7% | £766pcm |
| June 2012 | 3.2% | £761pcm |
| June 2011 | 5.2% | £737pcm |
| June 2010 | 5.3% | £700pcm |
| June 2009 | -6.2% | £665pcm |
| June 2008 | 4.2% | £708pcm |
| June 2007 | 0% | £680pcm |
Sales History
The last sale was on 24th September 2007 for £310,000 and since then the market in the area has increased by 60.7%. The postcode has had a total of 1 sales since 1995.
CM24 8LP has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
CM24 8LP is the 97th largest and the 40th most expensive postcode out of the 242 postcodes in the CM24 area.
- CM24 8LY, Lower Street, Stansted, CM24CM24 8LY26 Addresses|22 m away
- CM24 8XG, Lower Street, Stansted, CM24CM24 8XG14 Addresses|64 m away
- CM24 8LT, Grove Hill, Stansted, CM24CM24 8LT4 Addresses|67 m away
- CM24 8AF, Chapel Hill, Stansted, CM24CM24 8AF2 Addresses|90 m away
- CM24 8UW, Brewery Yard, Stansted, CM24CM24 8UW6 Addresses|91 m away
Property Types
- 1 period flat built between 1800 and 1911
- 1 house of an unknown age
- 6 other addresses of unknown type
- period flat (1)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Apr 2017£628,000 | 4 Bed House63, Lower Street, Stansted, CM24 8LR63, Lower Street, Stansted, CM24 8LR
- Sold Aug 2017£535,000 | 3 Bed FlatFlat 11, Castle Maltings, Lower Street, Stansted, CM24 8XGFlat 11, Castle Maltings, Lower Street, Stansted, CM24 8XG
- Sold Dec 2022£535,000 | 3 Bed FlatFlat 5, Castle Maltings, Lower Street, Stansted, CM24 8XGFlat 5, Castle Maltings, Lower Street, Stansted, CM24 8XG
Schools Nearby
- Magna Carta Primary Academy200 m away
- St Mary's CofE Foundation Primary School800 m away
- Bentfield Primary School and Nursery900 m away
- Forest Hall School1.1 km away
- Birchwood High School3.4 km away
- Avanti Grange Secondary School3.9 km away
More reading links
Public Transport Nearby
The closest station to CM24 8LP is Stansted Mountfitchet station, which is 200 metres away.
- Stansted Mountfitchet|200 m away
- Elsenham (Essex)|2.8 km away
- Stansted Airport|4.5 km away
- Bishops Stortford|4.7 km away
