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House Prices in CM24

The average house price in CM24 (Stansted) is £406,875 using HM Land Registry data.

The average property price increased by £90,437 (20.43%) over the last 5 years and increased by £18,120 (3.2%) over the last 12 months.

Over the last year, there were 84 residential property sales – a decrease of 8 transactions (-9.52%) relative to the previous year. The majority of house sales (22) were in the £336,000 - £432,000 range. Then came properties in the £432,000 - £528,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,112 (-3%).

In Dec 24, there were 8 new estate agency instructions, 12 agreed home sales and 2 property price reductions.

5-Year Average Property Prices in CM24 (Stansted)

20.43%

Property prices in Stansted increased by 20.43% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CM24 (Stansted) Over the Last Year

3.2%

Property prices in Stansted increased by 3.2% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for CM24 (Stansted) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CM24 (Stansted)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CM24 (Stansted)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CM24 (Stansted)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CM24 (Stansted) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM24 postcode area since 1995.

Recent Sales in CM24 (Stansted)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
48 Rainsford Road, Stansted, Essex, CM24 8EA	£525,000	£505,000	-£20,000	14 May 2024	18 Oct 2024	157 Days
50 Bentfield Road, Stansted, Essex, CM24 8HP	£425,000	£410,000	-£15,000	10 Apr 2024	02 Oct 2024	175 Days
50 Rainsford Road, Stansted, Essex, CM24 8EA	£525,000	£510,000	-£15,000	04 Jul 2024	11 Sep 2024	69 Days
8 Brewery Lane, Stansted, Essex, CM24 8LB	£525,000	£510,000	-£15,000	24 May 2024	10 Sep 2024	109 Days
38 Sunnyside, Stansted, Essex, CM24 8AX	£375,000	£365,000	-£10,000	11 Jan 2024	06 Sep 2024	239 Days
40 Croasdaile Road, Stansted, Essex, CM24 8DW	£500,000	£500,000	£00	11 Apr 2024	06 Sep 2024	148 Days
1 Blythwood Gardens, Stansted, Essex, CM24 8HG	£825,000	£810,000	-£15,000	19 Apr 2024	05 Sep 2024	139 Days
3 Rochford Cottages, Burton End, Stansted, Essex, CM24 8UF	£325,000	£315,000	-£10,000	07 Sep 2023	30 Aug 2024	358 Days
12 Sunnyside, Stansted, Essex, CM24 8AU	£425,000	£420,000	-£5,000	05 Mar 2024	28 Aug 2024	176 Days
2 Woodfield Close, Stansted, Essex, CM24 8BA	£575,000	£565,000	-£10,000	13 Feb 2024	28 Aug 2024	197 Days
51 Lower Street, Stansted, Essex, CM24 8LN	£395,000	£395,000	£00	04 Apr 2024	08 Jul 2024	95 Days
15 Rochford Close, Stansted, Essex, CM24 8LZ	£325,000	£312,000	-£13,000	23 Jan 2024	05 Jul 2024	164 Days
20 Coltsfield, Stansted, Essex, CM24 8LH	£585,000	£562,500	-£22,500	14 Feb 2024	05 Jul 2024	142 Days
54 Woodfields, Stansted, Essex, CM24 8AR	£450,000	£437,500	-£12,500	13 Feb 2024	05 Jul 2024	143 Days
11 Croasdaile Road, Stansted, Essex, CM24 8DN	£440,000	£429,000	-£11,000	14 Feb 2024	29 Apr 2024	75 Days
4 The Campions, Stansted, Essex, CM24 8LL	£425,000	£412,000	-£13,000	17 Nov 2023	19 Apr 2024	154 Days
40 Sunnyside, Stansted, Essex, CM24 8AX	£350,000	£340,000	-£10,000	29 Oct 2023	19 Apr 2024	173 Days
2 Churchfields, Stansted, Essex, CM24 8RJ	£275,000	£268,000	-£7,000	06 Dec 2023	19 Apr 2024	135 Days
26 Bentfield Green, Stansted, Essex, CM24 8HX	£400,000	£385,000	-£15,000	15 Jan 2024	08 Apr 2024	84 Days
48 Manor Road, Stansted, Essex, CM24 8NL	£220,000	£195,000	-£25,000	09 Aug 2023	29 Feb 2024	204 Days

Most Expensive Streets in CM24 (Stansted)

Postcode	Street	Area	Average	No. of Sales
CM24 8YG	Grange Place	Stansted	£1,337,500	4
CM24 8AH	Greenfields	Stansted	£888,250	4
CM24 8PB	Park Road	Stansted	£880,833	3
CM24 8LN	Lower Street	Stansted	£745,000	4
CM24 8LB	Brewery Lane	Stansted	£730,999	5
CM24 8LQ	Birchalls	Stansted	£697,500	5
CM24 8HG	Blythwood Gardens	Stansted	£667,695	7
CM24 8JT	St Johns Crescent	Stansted	£659,222	9
CM24 8HX	Bentfield Green	Stansted	£652,142	7
CM24 8LD	Meadowcroft	Stansted	£641,666	3

Least Expensive Streets in CM24 (Stansted)

Postcode	Street	Area	Average	No. of Sales
CM24 8LY	Castle Walk, Lower Street, Stansted	Stansted	£194,000	3
CM24 8JN	Hermitage Court, Bentfield Road	Stansted	£197,500	6
CM24 8AE	Old Court House, Chapel Hill	Stansted	£206,200	5
CM24 8JL	Hermitage House, Bentfield Road	Stansted	£214,250	8
CM24 8NB	The Mews	Stansted	£232,200	5
CM24 8FP	Hudgell Road	Stansted	£242,983	6
CM24 8PE	Stoney Place	Stansted	£245,000	3
CM24 8HD	Silver Street	Stansted	£260,000	3
CM24 8GH	Windmill Close	Stansted	£272,125	4
CM24 8GA	St Stephens Court, Silver Street, Stansted	Stansted	£280,863	11