Forest Hall Road - CM24 8TY
Key Postcode Insights
CM24 8TY is a residential postcode situated on Forest Hall Road, Stansted, CM24 with 8 addresses.
It ranks as the 63rd largest of the 242 postcodes in the CM24 area.
The postcode contains a total of 8 properties: 2 houses and 6 other properties.
- Ave. Sale Price
- £516,086
- 10 Year change
- up 10.6%
- Ave. Rental Price
- £1,991pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £352/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
CM24 8TY is a residential postcode situated on Forest Hall Road, Stansted, CM24 with 8 addresses.
It ranks as the 63rd largest of the 242 postcodes in the CM24 area.
The postcode contains a total of 8 properties: 2 houses and 6 other properties.
- Ave. Sale Price
- £516,086
- 10 Year change
- up 10.6%
- Ave. Rental Price
- £1,991pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £352/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Properties in CM24 8TY
- 1 Parsonage Farm Cottages Forest Hall Road
3 Bed Period House
- 2 Parsonage Farm Cottages Forest Hall Road
3 Bed Period House
- Parsonage Dairy
Building | 2 Flats
- Parsonage Farm
House
Sales Market Trends
The last sale in CM24 8TY sold for £375,000 on 14th March 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £516,086.
The CM24 8TY Sales Market has increased by 10.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.3% | £516,086 |
| July 2025 | 0.3% | £522,669 |
| July 2024 | -0.1% | £520,906 |
| July 2023 | -4.7% | £521,472 |
| July 2022 | 6.5% | £547,362 |
| July 2021 | 5.6% | £513,801 |
| July 2020 | 5.6% | £486,721 |
| July 2019 | -4.7% | £460,979 |
| July 2018 | -1.3% | £483,639 |
| July 2017 | 5% | £490,089 |
| July 2016 | 8.3% | £466,746 |
| July 2015 | 12.8% | £430,871 |
| July 2014 | 11.4% | £381,900 |
| July 2013 | -0.9% | £342,678 |
| July 2012 | 6.3% | £345,835 |
| July 2011 | -1.4% | £325,191 |
| July 2010 | 11.7% | £329,864 |
| July 2009 | -9.7% | £295,406 |
| July 2008 | -3.3% | £326,984 |
| July 2007 | 0% | £338,237 |
Rental Market Trends
The current average rental value in the postcode is £1,991.
The CM24 8TY Rental Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.1% | £1,991pcm |
| July 2025 | 6.4% | £1,931pcm |
| July 2024 | 6.6% | £1,815pcm |
| July 2023 | 4.7% | £1,703pcm |
| July 2022 | 7.9% | £1,627pcm |
| July 2021 | 2.9% | £1,508pcm |
| July 2020 | 1.6% | £1,466pcm |
| July 2019 | 1.3% | £1,443pcm |
| July 2018 | -0.1% | £1,424pcm |
| July 2017 | 2.2% | £1,425pcm |
| July 2016 | 4.1% | £1,394pcm |
| July 2015 | 7.9% | £1,340pcm |
| July 2014 | 3.8% | £1,241pcm |
| July 2013 | 1.8% | £1,196pcm |
| July 2012 | 2% | £1,175pcm |
| July 2011 | 4.9% | £1,152pcm |
| July 2010 | 6.5% | £1,098pcm |
| July 2009 | -4.9% | £1,031pcm |
| July 2008 | 2.6% | £1,084pcm |
| July 2007 | 0% | £1,056pcm |
Sales History
The last recorded sale was on 14th March 2023 for £375,000 and since then the market in the area has remained stable.
CM24 8TY has had 1 sale since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Mar 2023£375,000 | 5 Bed HouseUnit 2, Parsonage Farm Industrial Estate, Stansted, CM24 8TYUnit 2, Parsonage Farm Industrial Estate, Stansted, CM24 8TY
Nearby Postcodes
CM24 8TY is the 63rd largest and the 168th most expensive postcode out of the 242 postcodes in the CM24 area.
- CM24 8GF, Parsonage Lane, Stansted, CM24CM24 8GF5 Addresses|288 m away
- CM24 8TU, Forest Hall Road, Stansted, CM24CM24 8TU7 Addresses|546 m away
- CM24 8TX, Forest Hall Road, Stansted, CM24CM24 8TX2 Addresses|564 m away
- CM24 8UX, Felstead Crescent, Stansted, CM24CM24 8UX73 Addresses|613 m away
- CM24 8EZ, Peachey Walk, Stansted, CM24CM24 8EZ19 Addresses|615 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jun 2005£1,250,000 | 5 Bed HouseThe Mount, Forest Hall Road, Stansted, CM24 8TSThe Mount, Forest Hall Road, Stansted, CM24 8TS
- Sold Apr 2022£1,200,000 | 5 Bed HouseBroom Hill, Forest Hall Road, Stansted, CM24 8TSBroom Hill, Forest Hall Road, Stansted, CM24 8TS
- Sold Feb 2021£850,000 | 4 Bed HouseForest Hall Barn, Forest Hall Road, Stansted, CM24 8TUForest Hall Barn, Forest Hall Road, Stansted, CM24 8TU
Schools Nearby
- Birchanger Church of England Voluntary Controlled Primary School800 m away
- St Mary's CofE Foundation Primary School800 m away
- Magna Carta Primary Academy1.7 km away
- Forest Hall School800 m away
- Birchwood High School2.0 km away
- Hockerill Anglo-European College2.8 km away
More reading links
Public Transport Nearby
The closest station to CM24 8TY is Stansted Mountfitchet station, which is 1.4 kilometres away.
- Stansted Mountfitchet|1.4 km away
- Bishops Stortford|3.5 km away
- Elsenham (Essex)|4.0 km away
- Stansted Airport|4.1 km away