Lower Street - CM24 8LR
Key Postcode Insights
CM24 8LR is a residential postcode situated on Lower Street, Stansted, CM24 with 24 addresses.
It ranks as the 185th largest and 60th most expensive of the 242 postcodes in the CM24 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £368,631
- 10 Year change
- up 12.9%
- Ave. Rental Price
- £1,520pcm
- 10 Year change
- up 50.7%
- Ave. £ per ft²
- £514/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
CM24 8LR is a residential postcode situated on Lower Street, Stansted, CM24 with 24 addresses.
It ranks as the 185th largest and 60th most expensive of the 242 postcodes in the CM24 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £368,631
- 10 Year change
- up 12.9%
- Ave. Rental Price
- £1,520pcm
- 10 Year change
- up 50.7%
- Ave. £ per ft²
- £514/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin CM24 8LR
- 42A Lower Street
2 Bed Modern House
- 42 Lower Street
2 Bed Modern House
- 44 Lower Street
Unknown
- 46 Lower Street
Unknown
- 48 Lower Street
2 Bed Period House
Sales Market Trends
The last sale in CM24 8LR sold for £350,000 on 22nd August 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £368,631.
The CM24 8LR Sales Market has increased by 12.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £368,631 |
| June 2025 | 0.9% | £378,441 |
| June 2024 | -1.1% | £375,003 |
| June 2023 | -3.4% | £379,122 |
| June 2022 | 8.5% | £392,344 |
| June 2021 | 5.3% | £361,578 |
| June 2020 | 4.8% | £343,234 |
| June 2019 | -4.1% | £327,630 |
| June 2018 | -0.1% | £341,466 |
| June 2017 | 4.7% | £341,809 |
| June 2016 | 10% | £326,596 |
| June 2015 | 13.1% | £296,896 |
| June 2014 | 11.8% | £262,575 |
| June 2013 | -1% | £234,873 |
| June 2012 | 6.7% | £237,190 |
| June 2011 | -0.8% | £222,347 |
| June 2010 | 12.1% | £224,029 |
| June 2009 | -10.3% | £199,929 |
| June 2008 | -2.1% | £222,902 |
| June 2007 | 0% | £227,687 |
Rental Market Trends
The current average rental value in the postcode is £1,520.
The CM24 8LR Rental Market has increased by 50.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,520pcm |
| June 2025 | 8.4% | £1,472pcm |
| June 2024 | 4.6% | £1,357pcm |
| June 2023 | 7.7% | £1,297pcm |
| June 2022 | 7.8% | £1,204pcm |
| June 2021 | 7.4% | £1,116pcm |
| June 2020 | 0.5% | £1,040pcm |
| June 2019 | -0.1% | £1,034pcm |
| June 2018 | 0.4% | £1,035pcm |
| June 2017 | 2.2% | £1,032pcm |
| June 2016 | 3.1% | £1,009pcm |
| June 2015 | 8.9% | £979pcm |
| June 2014 | 6.4% | £899pcm |
| June 2013 | 0.6% | £844pcm |
| June 2012 | 3.2% | £839pcm |
| June 2011 | 5.4% | £813pcm |
| June 2010 | 5.5% | £771pcm |
| June 2009 | -6.1% | £731pcm |
| June 2008 | 4.2% | £778pcm |
| June 2007 | 0% | £747pcm |
Sales History
The last sale was on 22nd August 2025 for £350,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 44 sales since 1995.
CM24 8LR has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£350,000 | 2 Bed House42A, Lower Street, Stansted, CM24 8LR42A, Lower Street, Stansted, CM24 8LR
- Sold Dec 2024£436,000 | 3 Bed House76, Lower Street, Stansted, CM24 8LR76, Lower Street, Stansted, CM24 8LR
- Sold Apr 2023£350,000 | 3 Bed House64, Lower Street, Stansted, CM24 8LR64, Lower Street, Stansted, CM24 8LR
- Sold May 2022£375,000 | 2 Bed House74, Lower Street, Stansted, CM24 8LR74, Lower Street, Stansted, CM24 8LR
- Sold Jun 2021£466,000 | 3 Bed House54, Lower Street, Stansted, CM24 8LR54, Lower Street, Stansted, CM24 8LR
Nearby Postcodes
CM24 8LR is the 185th largest and the 60th most expensive postcode out of the 242 postcodes in the CM24 area.
- CM24 8SP, Grove Hill, Stansted, CM24CM24 8SP16 Addresses|40 m away
- CM24 8NB, The Mews, Stansted, CM24CM24 8NB23 Addresses|80 m away
- CM24 8LN, Lower Street, Stansted, CM24CM24 8LN17 Addresses|98 m away
- CM24 8LT, Grove Hill, Stansted, CM24CM24 8LT4 Addresses|100 m away
- CM24 8UW, Brewery Yard, Stansted, CM24CM24 8UW6 Addresses|125 m away
Property Types
- 11 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 9 other addresses of unknown type
- period house (11)
- modern house (2)
- mid-century house (2)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (3)
- G (0)
- D (10)
- No EPC (9)
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
- Bentfield Primary School and Nursery800 m away
- St Mary's CofE Foundation Primary School1.0 km away
- Forest Hall School1.2 km away
- Birchwood High School3.5 km away
- Avanti Grange Secondary School4.0 km away
More reading links
Public Transport Nearby
The closest station to CM24 8LR is Stansted Mountfitchet station, which is 300 metres away.
- Stansted Mountfitchet|300 m away
- Elsenham (Essex)|2.6 km away
- Stansted Airport|4.4 km away
- Bishops Stortford|4.8 km away
