Watermill Lane - CM24 8YS
Key Postcode Insights
CM24 8YS is a residential postcode situated on Watermill Lane, Stansted, CM24 with 2 addresses.
It ranks as the 29th largest and 220th most expensive of the 242 postcodes in the CM24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £715,734
- 10 Year change
- up 12.0%
- Ave. Rental Price
- £2,561pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £306/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
CM24 8YS is a residential postcode situated on Watermill Lane, Stansted, CM24 with 2 addresses.
It ranks as the 29th largest and 220th most expensive of the 242 postcodes in the CM24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £715,734
- 10 Year change
- up 12.0%
- Ave. Rental Price
- £2,561pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £306/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Sales Market Trends
The last sale in CM24 8YS sold for £743,198 on 13th September 2022. Since then prices are down an average of 6.2%.
The current average value in the postcode is £715,734.
The CM24 8YS Sales Market has increased by 12.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.3% | £715,734 |
| June 2025 | 1.2% | £739,908 |
| June 2024 | -1.6% | £730,983 |
| June 2023 | -3.4% | £743,060 |
| June 2022 | 8.4% | £769,471 |
| June 2021 | 6.5% | £709,881 |
| June 2020 | 4.3% | £666,856 |
| June 2019 | -3.5% | £639,072 |
| June 2018 | 0.1% | £662,386 |
| June 2017 | 3.5% | £661,511 |
| June 2016 | 9.1% | £638,865 |
| June 2015 | 10.6% | £585,455 |
| June 2014 | 9.7% | £529,145 |
| June 2013 | -2% | £482,573 |
| June 2012 | 6.7% | £492,522 |
| June 2011 | 0.8% | £461,423 |
| June 2010 | 14.1% | £457,918 |
| June 2009 | -8.7% | £401,243 |
| June 2008 | -1.9% | £439,300 |
| June 2007 | 0% | £447,584 |
Rental Market Trends
The current average rental value in the postcode is £2,561.
The CM24 8YS Rental Market has increased by 49.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £2,561pcm |
| June 2025 | 8.7% | £2,497pcm |
| June 2024 | 4.1% | £2,296pcm |
| June 2023 | 7.7% | £2,206pcm |
| June 2022 | 7.7% | £2,049pcm |
| June 2021 | 8.5% | £1,902pcm |
| June 2020 | 0.1% | £1,753pcm |
| June 2019 | 0.5% | £1,751pcm |
| June 2018 | 0.6% | £1,743pcm |
| June 2017 | 1.2% | £1,733pcm |
| June 2016 | 2.3% | £1,713pcm |
| June 2015 | 6.6% | £1,675pcm |
| June 2014 | 4.4% | £1,571pcm |
| June 2013 | -0.4% | £1,505pcm |
| June 2012 | 3.3% | £1,512pcm |
| June 2011 | 7% | £1,463pcm |
| June 2010 | 7.4% | £1,368pcm |
| June 2009 | -4.3% | £1,273pcm |
| June 2008 | 4.5% | £1,331pcm |
| June 2007 | 0% | £1,274pcm |
Sales History
The last sale was on 13th September 2022 for £743,198 and since then the market in the area has decreased by 6.2%. The postcode has had a total of 2 sales since 1995.
CM24 8YS has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
CM24 8YS is the 29th largest and the 220th most expensive postcode out of the 242 postcodes in the CM24 area.
- CM24 8TP, Watermill Lane, Stansted, CM24CM24 8TP1 Addresses|36 m away
- CM24 8TB, Pines Hill, Stansted, CM24CM24 8TB2 Addresses|579 m away
- CM24 8HG, Blythwood Gardens, Stansted, CM24CM24 8HG24 Addresses|681 m away
- CM24 8TD, Pines Hill, Stansted, CM24CM24 8TD3 Addresses|696 m away
- CM24 8HE, Silver Street, Stansted, CM24CM24 8HE6 Addresses|737 m away
Property Types
- 1 modern house built after 1980
- 1 other address of unknown type
- modern house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
Schools Nearby
- Magna Carta Primary Academy1.3 km away
- St Mary's CofE Foundation Primary School1.3 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 School2.9 km away
More reading links
Public Transport Nearby
The closest station to CM24 8YS is Stansted Mountfitchet station, which is 1.3 kilometres away.
- Stansted Mountfitchet|1.3 km away
- Bishops Stortford|3.9 km away
- Elsenham (Essex)|4.0 km away
- Stansted Airport|5.7 km away
