Watermill Lane - CM24 8TP
Key Postcode Insights
CM24 8TP is a residential postcode situated on Watermill Lane, Stansted, CM24 with 1 addresses.
It ranks as the 13th largest and 225th most expensive of the 242 postcodes in the CM24 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £754,540
- 10 Year change
- up 12.0%
- Ave. Rental Price
- £2,567pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
CM24 8TP is a residential postcode situated on Watermill Lane, Stansted, CM24 with 1 addresses.
It ranks as the 13th largest and 225th most expensive of the 242 postcodes in the CM24 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £754,540
- 10 Year change
- up 12.0%
- Ave. Rental Price
- £2,567pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Sales Market Trends
The current average value in the postcode is £754,540.
The CM24 8TP Sales Market has increased by 12.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.3% | £754,540 |
| June 2025 | 1.2% | £780,024 |
| June 2024 | -1.6% | £770,615 |
| June 2023 | -3.4% | £783,347 |
| June 2022 | 8.4% | £811,189 |
| June 2021 | 6.5% | £748,369 |
| June 2020 | 4.3% | £703,011 |
| June 2019 | -3.5% | £673,721 |
| June 2018 | 0.1% | £698,299 |
| June 2017 | 3.5% | £697,376 |
| June 2016 | 9.1% | £673,503 |
| June 2015 | 10.6% | £617,197 |
| June 2014 | 9.7% | £557,833 |
| June 2013 | -2% | £508,737 |
| June 2012 | 6.7% | £519,225 |
| June 2011 | 0.8% | £486,441 |
| June 2010 | 14.1% | £482,746 |
| June 2009 | -8.7% | £422,997 |
| June 2008 | -1.9% | £463,118 |
| June 2007 | 0% | £471,851 |
Rental Market Trends
The current average rental value in the postcode is £2,567.
The CM24 8TP Rental Market has increased by 49.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £2,567pcm |
| June 2025 | 8.7% | £2,502pcm |
| June 2024 | 4.1% | £2,301pcm |
| June 2023 | 7.7% | £2,210pcm |
| June 2022 | 7.7% | £2,053pcm |
| June 2021 | 8.5% | £1,906pcm |
| June 2020 | 0.1% | £1,757pcm |
| June 2019 | 0.5% | £1,755pcm |
| June 2018 | 0.6% | £1,747pcm |
| June 2017 | 1.2% | £1,736pcm |
| June 2016 | 2.3% | £1,716pcm |
| June 2015 | 6.6% | £1,678pcm |
| June 2014 | 4.4% | £1,575pcm |
| June 2013 | -0.4% | £1,508pcm |
| June 2012 | 3.3% | £1,515pcm |
| June 2011 | 7% | £1,466pcm |
| June 2010 | 7.4% | £1,371pcm |
| June 2009 | -4.3% | £1,276pcm |
| June 2008 | 4.5% | £1,334pcm |
| June 2007 | 0% | £1,277pcm |
Nearby Postcodes
CM24 8TP is the 13th largest and the 225th most expensive postcode out of the 242 postcodes in the CM24 area.
- CM24 8YS, Watermill Lane, Stansted, CM24CM24 8YS2 Addresses|36 m away
- CM24 8TB, Pines Hill, Stansted, CM24CM24 8TB2 Addresses|573 m away
- CM24 8TD, Pines Hill, Stansted, CM24CM24 8TD3 Addresses|677 m away
- CM24 8HG, Blythwood Gardens, Stansted, CM24CM24 8HG24 Addresses|683 m away
- CM24 8EY, Pines Hill, Stansted, CM24CM24 8EY5 Addresses|726 m away
Property Types
- 1 other address of unknown type
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
Schools Nearby
- St Mary's CofE Foundation Primary School1.3 km away
- Magna Carta Primary Academy1.3 km away
- Bentfield Primary School and Nursery1.4 km away
- Forest Hall School2.0 km away
- Avanti Grange Secondary School2.6 km away
- Birchwood High School2.8 km away
More reading links
Public Transport Nearby
The closest station to CM24 8TP is Stansted Mountfitchet station, which is 1.3 kilometres away.
- Stansted Mountfitchet|1.3 km away
- Bishops Stortford|3.8 km away
- Elsenham (Essex)|4.0 km away
- Stansted Airport|5.6 km away
