Grove Hill - CM24 8SP
Key Postcode Insights
CM24 8SP is a residential postcode situated on Grove Hill, Stansted, CM24 with 16 addresses.
It ranks as the 148th largest and 47th 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 16 properties: 16 houses.
- Ave. Sale Price
- £398,958
- 10 Year change
- up 12.7%
- Ave. Rental Price
- £1,585pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £496/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
CM24 8SP is a residential postcode situated on Grove Hill, Stansted, CM24 with 16 addresses.
It ranks as the 148th largest and 47th 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 16 properties: 16 houses.
- Ave. Sale Price
- £398,958
- 10 Year change
- up 12.7%
- Ave. Rental Price
- £1,585pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £496/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin CM24 8SP
- Bayley Walls 10 Grove Hill
Unknown
- Moat House
5 Bed Period House
- 5A Grove Hill
3 Bed Period House
- 5B Grove Hill
3 Bed Period House
- 5 Grove Hill
3 Bed House
Sales Market Trends
The last sale in CM24 8SP sold for £312,500 on 8th March 2024. Since then prices are down an average of 1.1%.
The current average value in the postcode is £398,958.
The CM24 8SP Sales Market has increased by 12.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £398,958 |
| June 2025 | 1.1% | £410,278 |
| June 2024 | -1.2% | £405,617 |
| June 2023 | -3.5% | £410,551 |
| June 2022 | 8.6% | £425,449 |
| June 2021 | 5.8% | £391,822 |
| June 2020 | 4.4% | £370,251 |
| June 2019 | -4% | £354,797 |
| June 2018 | -0.1% | £369,391 |
| June 2017 | 4.4% | £369,579 |
| June 2016 | 10% | £354,044 |
| June 2015 | 12.8% | £321,810 |
| June 2014 | 11.5% | £285,230 |
| June 2013 | -1.1% | £255,834 |
| June 2012 | 6.7% | £258,699 |
| June 2011 | -0.7% | £242,398 |
| June 2010 | 12.3% | £243,986 |
| June 2009 | -10.1% | £217,336 |
| June 2008 | -2.1% | £241,651 |
| June 2007 | 0% | £246,874 |
Rental Market Trends
The current average rental value in the postcode is £1,585.
The CM24 8SP Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,585pcm |
| June 2025 | 8.7% | £1,537pcm |
| June 2024 | 4.5% | £1,414pcm |
| June 2023 | 7.6% | £1,353pcm |
| June 2022 | 7.9% | £1,258pcm |
| June 2021 | 7.9% | £1,165pcm |
| June 2020 | 0.1% | £1,081pcm |
| June 2019 | 0% | £1,079pcm |
| June 2018 | 0.4% | £1,079pcm |
| June 2017 | 2% | £1,075pcm |
| June 2016 | 3.1% | £1,054pcm |
| June 2015 | 8.7% | £1,022pcm |
| June 2014 | 6.2% | £940pcm |
| June 2013 | 0.5% | £886pcm |
| June 2012 | 3.3% | £881pcm |
| June 2011 | 5.5% | £853pcm |
| June 2010 | 5.7% | £809pcm |
| June 2009 | -5.8% | £766pcm |
| June 2008 | 4.2% | £813pcm |
| June 2007 | 0% | £780pcm |
Sales History
The last sale was on 8th March 2024 for £312,500 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 43 sales since 1995.
CM24 8SP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£312,500 | 2 Bed House7, Grove Hill, Stansted, CM24 8SP7, Grove Hill, Stansted, CM24 8SP
- Sold Jun 2021£338,000 | 2 Bed House17, Grove Hill, Stansted, CM24 8SP17, Grove Hill, Stansted, CM24 8SP
- Sold Apr 2021£360,000 | 3 Bed House5, Grove Hill, Stansted, CM24 8SP5, Grove Hill, Stansted, CM24 8SP
- Sold Oct 2020£317,500 | 2 Bed House19, Grove Hill, Stansted, CM24 8SP19, Grove Hill, Stansted, CM24 8SP
- Sold Jan 2020£270,000 | 3 Bed House21, Grove Hill, Stansted, CM24 8SP21, Grove Hill, Stansted, CM24 8SP
Nearby Postcodes
CM24 8SP is the 148th largest and the 47th most expensive postcode out of the 242 postcodes in the CM24 area.
- CM24 8LR, Lower Street, Stansted, CM24CM24 8LR24 Addresses|40 m away
- CM24 8LT, Grove Hill, Stansted, CM24CM24 8LT4 Addresses|91 m away
- CM24 8LN, Lower Street, Stansted, CM24CM24 8LN17 Addresses|104 m away
- CM24 8NB, The Mews, Stansted, CM24CM24 8NB23 Addresses|115 m away
- CM24 8SR, Grove Hill, Stansted, CM24CM24 8SR2 Addresses|120 m away
Property Types
- 12 period houses built between 1800 and 1911
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (12)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (3)
- G (0)
- D (5)
- No EPC (4)
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 School3.5 km away
- Avanti Grange Secondary School4.0 km away
More reading links
Public Transport Nearby
The closest station to CM24 8SP 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
