Grove Hill - CM24 8LT
Key Postcode Insights
CM24 8LT is a residential postcode situated on Grove Hill, Stansted, CM24 with 4 addresses.
It ranks as the 48th largest and 104th most expensive of the 242 postcodes in the CM24 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £388,185
- 10 Year change
- up 12.8%
- Ave. Rental Price
- £1,863pcm
- 10 Year change
- up 50.5%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
CM24 8LT is a residential postcode situated on Grove Hill, Stansted, CM24 with 4 addresses.
It ranks as the 48th largest and 104th most expensive of the 242 postcodes in the CM24 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £388,185
- 10 Year change
- up 12.8%
- Ave. Rental Price
- £1,863pcm
- 10 Year change
- up 50.5%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin CM24 8LT
- 2 Grove Hill
3 Bed Period House
- 4 Grove Hill
4 Bed House
- 6 Grove Hill
4 Bed House
- 8 Grove Hill
Unknown
Sales Market Trends
The last sale in CM24 8LT sold for £447,000 on 11th November 2022. Since then prices are down an average of 4.8%.
The current average value in the postcode is £388,185.
The CM24 8LT Sales Market has increased by 12.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £388,185 |
| June 2025 | 0.7% | £398,816 |
| June 2024 | -1.2% | £395,921 |
| June 2023 | -3.2% | £400,589 |
| June 2022 | 8.4% | £413,911 |
| June 2021 | 5.2% | £381,983 |
| June 2020 | 5.1% | £363,166 |
| June 2019 | -4% | £345,435 |
| June 2018 | -0.1% | £359,659 |
| June 2017 | 4.5% | £359,895 |
| June 2016 | 9.6% | £344,281 |
| June 2015 | 12.3% | £314,151 |
| June 2014 | 11.2% | £279,746 |
| June 2013 | -1.3% | £251,505 |
| June 2012 | 6.6% | £254,778 |
| June 2011 | -0.2% | £238,910 |
| June 2010 | 12.7% | £239,396 |
| June 2009 | -9.9% | £212,407 |
| June 2008 | -2% | £235,740 |
| June 2007 | 0% | £240,495 |
Rental Market Trends
The current average rental value in the postcode is £1,863.
The CM24 8LT Rental Market has increased by 50.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,863pcm |
| June 2025 | 8.2% | £1,805pcm |
| June 2024 | 4.6% | £1,668pcm |
| June 2023 | 7.9% | £1,595pcm |
| June 2022 | 7.7% | £1,478pcm |
| June 2021 | 7.2% | £1,373pcm |
| June 2020 | 0.9% | £1,280pcm |
| June 2019 | 0% | £1,269pcm |
| June 2018 | 0.4% | £1,269pcm |
| June 2017 | 2.1% | £1,264pcm |
| June 2016 | 2.7% | £1,238pcm |
| June 2015 | 8.2% | £1,205pcm |
| June 2014 | 5.9% | £1,114pcm |
| June 2013 | 0.3% | £1,052pcm |
| June 2012 | 3.2% | £1,049pcm |
| June 2011 | 5.9% | £1,016pcm |
| June 2010 | 6.1% | £959pcm |
| June 2009 | -5.6% | £904pcm |
| June 2008 | 4.4% | £958pcm |
| June 2007 | 0% | £918pcm |
Sales History
The last sale was on 11th November 2022 for £447,000 and since then the market in the area has decreased by 4.8%. The postcode has had a total of 15 sales since 1995.
CM24 8LT has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£447,000 | 4 Bed House6, Grove Hill, Stansted, CM24 8LT6, Grove Hill, Stansted, CM24 8LT
- Sold Jun 2021£300,000 | 3 Bed House2, Grove Hill, Stansted, CM24 8LT2, Grove Hill, Stansted, CM24 8LT
- Sold Dec 2018£410,000 | 4 Bed House6, Grove Hill, Stansted, CM24 8LT6, Grove Hill, Stansted, CM24 8LT
- Sold Feb 2017£415,000 | 4 Bed House4, Grove Hill, Stansted, CM24 8LT4, Grove Hill, Stansted, CM24 8LT
- Sold Feb 2015£195,000 | 4 Bed House6, Grove Hill, Stansted, CM24 8LT6, Grove Hill, Stansted, CM24 8LT
Nearby Postcodes
CM24 8LT is the 48th largest and the 104th most expensive postcode out of the 242 postcodes in the CM24 area.
- CM24 8LN, Lower Street, Stansted, CM24CM24 8LN17 Addresses|37 m away
- CM24 8UW, Brewery Yard, Stansted, CM24CM24 8UW6 Addresses|57 m away
- CM24 8LY, Lower Street, Stansted, CM24CM24 8LY26 Addresses|58 m away
- CM24 8LP, Lower Street, Stansted, CM24CM24 8LP8 Addresses|67 m away
- CM24 8SP, Grove Hill, Stansted, CM24CM24 8SP16 Addresses|91 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 houses of an unknown age
- 1 other address of unknown type
- period house (1)
- house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold May 2017£1,475,000 | 5 Bed HouseHawthorns, Grove Hill, Stansted, CM24 8SRHawthorns, Grove Hill, Stansted, CM24 8SR
- Sold Nov 2015£870,000 | 5 Bed HouseThe Larches, Grove Hill, Stansted, CM24 8SRThe Larches, Grove Hill, Stansted, CM24 8SR
- Sold Dec 2005£770,000 | 5 Bed HouseMoat House, Grove Hill, Stansted, CM24 8SPMoat House, Grove Hill, Stansted, CM24 8SP
Schools Nearby
- Magna Carta Primary Academy200 m away
- Bentfield Primary School and Nursery800 m away
- St Mary's CofE Foundation Primary School900 m away
- Forest Hall School1.1 km away
- Birchwood High School3.4 km away
- Avanti Grange Secondary School4.0 km away
More reading links
Public Transport Nearby
The closest station to CM24 8LT is Stansted Mountfitchet station, which is 200 metres away.
- Stansted Mountfitchet|200 m away
- Elsenham (Essex)|2.7 km away
- Stansted Airport|4.4 km away
- Bishops Stortford|4.7 km away
