House prices in CB11 4 (Saffron Walden)

This article reveals price per square metre data and various charts to help you understand current housing market in Saffron Walden (CB11 4).


Defining 'CB11 4'

This analysis is limited to properties whose postcode starts with "CB11 4", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Saffron Walden.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Saffron Walden is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 54, Rowntree Way, Saffron Walden, sold for £675,000 on Mar-2024. Given the internal area of 143 square metres, the price per sqm is £4,720.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,250-£5,500, £5,500-£5,750, £5,750-£6,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 170 sales in Saffron Walden (CB11 4) that took place in the last two years.

Distribution of £ per sqm for Saffron Walden
Distribution of £ per sqm house prices in Saffron Walden

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Saffron Walden (CB11 4). Of the 170 transactions, half were sold for between £4,170 and £5,330 per square metre. The median, or 'middle', price per square metre in 'CB11 4' is £4,680. Notably, only 25% of properties that sold recently were valued at more than £5,330 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Saffron Walden

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Saffron Walden. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Saffron Walden
House price heatmap for Saffron Walden

Comparison with neighbouring postcode sectors

The table below shows how 'CB11 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CB11 3 Saffron Walden £3,750 sqm £4,320 sqm £4,850 sqm
CB11 4 Saffron Walden £4,170 sqm £4,680 sqm £5,330 sqm

Will Saffron Walden house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CB11 4 (Saffron Walden) compared with both the wider area CB11 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Saffron Walden,Saffron Walden
House price trends for Saffron Walden

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CB11 4 sales
Recent trends for Saffron Walden

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Saffron Walden to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Saffron Walden and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Debden Road, Saffron Walden, CB11 4A 100 sqm £4,716 17
Ross Close, Saffron Walden, CB11 4D 55 sqm £4,072 17
Long Horse Croft, Saffron Walden, CB11 4B 67 sqm £4,183 14
Pleasant Valley, Saffron Walden, CB11 4A 97 sqm £4,685 13
Ozier Court, Saffron Walden, CB11 4B 54 sqm £3,432 12
Borough Lane, Saffron Walden, CB11 4A 146 sqm £4,931 11
Ross Close, Saffron Walden, CB11 4A 80 sqm £4,231 10
Loompits Way, Saffron Walden, CB11 4B 120 sqm £4,338 10

Search for your street here.

Raw data

Our analysis of Saffron Walden is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
54, Rowntree Way, Saffron Walden £675,000
Mar-2024
143 4,720
40, London Rd, Saffron Walden £355,000
Mar-2024
106 3,349
The Little House, High St, Saffron Walden £500,000
Feb-2024
65 7,692

See the entire list of all sales in Saffron Walden (CB11 4) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.