Lower Street - CM24 8LY
Key Postcode Insights
CM24 8LY is a residential postcode situated on Lower Street, Stansted, CM24 with 26 addresses.
It ranks as the 192nd largest and most expensive of the 242 postcodes in the CM24 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 26 flats.
- Ave. Sale Price
- £166,127
- 10 Year change
- up 0.7%
- Ave. Rental Price
- £1,022pcm
- 10 Year change
- up 34.4%
- Ave. £ per ft²
- £299/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
CM24 8LY is a residential postcode situated on Lower Street, Stansted, CM24 with 26 addresses.
It ranks as the 192nd largest and most expensive of the 242 postcodes in the CM24 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 26 flats.
- Ave. Sale Price
- £166,127
- 10 Year change
- up 0.7%
- Ave. Rental Price
- £1,022pcm
- 10 Year change
- up 34.4%
- Ave. £ per ft²
- £299/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertiesin CM24 8LY
- Castle Walk
Modern Building | 23 Units
- 1 Castle Walk Lower Street
1 Bed Modern Flat
- 2 Castle Walk Lower Street
2 Bed Modern Flat
- 5 Castle Walk Lower Street
2 Bed Modern Flat
Sales Market Trends
The last sale in CM24 8LY sold for £155,000 on 20th February 2026. Since then prices are up an average of 0.1%.
The current average value in the postcode is £166,127.
The CM24 8LY Sales Market has increased by 0.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £166,127 |
| June 2025 | -0.4% | £169,579 |
| June 2024 | 0% | £170,337 |
| June 2023 | -4.8% | £170,413 |
| June 2022 | 4.9% | £178,991 |
| June 2021 | 2.7% | £170,569 |
| June 2020 | 4.1% | £166,047 |
| June 2019 | -4.1% | £159,473 |
| June 2018 | -1.1% | £166,325 |
| June 2017 | 2% | £168,190 |
| June 2016 | 10.9% | £164,959 |
| June 2015 | 11.7% | £148,789 |
| June 2014 | 10.3% | £133,224 |
| June 2013 | -1.2% | £120,804 |
| June 2012 | 6.1% | £122,307 |
| June 2011 | -2.3% | £115,256 |
| June 2010 | 10.3% | £118,008 |
| June 2009 | -12.6% | £107,029 |
| June 2008 | -3.1% | £122,441 |
| June 2007 | 0% | £126,296 |
Rental Market Trends
The current average rental value in the postcode is £1,022.
The CM24 8LY Rental Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,022pcm |
| June 2025 | 7% | £984pcm |
| June 2024 | 5.8% | £920pcm |
| June 2023 | 6.1% | £870pcm |
| June 2022 | 4.3% | £820pcm |
| June 2021 | 4.7% | £786pcm |
| June 2020 | -0.1% | £751pcm |
| June 2019 | -0.2% | £751pcm |
| June 2018 | -0.6% | £753pcm |
| June 2017 | -0.4% | £757pcm |
| June 2016 | 3.9% | £760pcm |
| June 2015 | 7.6% | £732pcm |
| June 2014 | 5% | £680pcm |
| June 2013 | 0.4% | £648pcm |
| June 2012 | 2.7% | £645pcm |
| June 2011 | 3.7% | £629pcm |
| June 2010 | 3.8% | £606pcm |
| June 2009 | -8.5% | £584pcm |
| June 2008 | 3.2% | £638pcm |
| June 2007 | 0% | £618pcm |
Sales History
The last sale was on 20th February 2026 for £155,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 73 sales since 1995.
CM24 8LY has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£155,000 | 2 Bed FlatFlat 13, Castle Walk, Lower Street, Stansted, CM24 8LYFlat 13, Castle Walk, Lower Street, Stansted, CM24 8LY
- Sold Feb 2026£155,000 | 2 Bed FlatFlat 2A, Castle Walk, Lower Street, Stansted, CM24 8LYFlat 2A, Castle Walk, Lower Street, Stansted, CM24 8LY
- Sold Jul 2025£130,000 | 2 Bed FlatFlat 14, Castle Walk, Lower Street, Stansted, CM24 8LYFlat 14, Castle Walk, Lower Street, Stansted, CM24 8LY
- Sold Jun 2023£180,000 | 2 Bed FlatFlat 3, Castle Walk, Lower Street, Stansted, CM24 8LYFlat 3, Castle Walk, Lower Street, Stansted, CM24 8LY
- Sold Jul 2020£195,000 | 2 Bed FlatFlat 22, Castle Walk, Lower Street, Stansted, CM24 8LYFlat 22, Castle Walk, Lower Street, Stansted, CM24 8LY
Nearby Postcodes
CM24 8LY is the 192nd largest and the most expensive postcode out of the 242 postcodes in the CM24 area.
- CM24 8LP, Lower Street, Stansted, CM24CM24 8LP8 Addresses|22 m away
- CM24 8LT, Grove Hill, Stansted, CM24CM24 8LT4 Addresses|58 m away
- CM24 8XG, Lower Street, Stansted, CM24CM24 8XG14 Addresses|72 m away
- CM24 8LN, Lower Street, Stansted, CM24CM24 8LN17 Addresses|90 m away
- CM24 8UW, Brewery Yard, Stansted, CM24CM24 8UW6 Addresses|96 m away
Property Types
- 26 modern flats built after 1980
- modern flat (26)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (12)
- G (0)
- D (11)
- No EPC (1)
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 8LY 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
