Feb 07, 2023 by HM

House prices in Haverhill (CB9 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Haverhill (CB9 8).


Defining 'CB9 8'

This analysis is limited to properties whose postcode starts with "CB9 8", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Haverhill 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. 50, Beaumont Court, Haverhill, sold for £283,000 on Jan-2024. Given the internal area of 75 square metres, the price per sqm is £3,773.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres 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. £3,350-£3,500, £3,500-£3,650, £3,650-£3,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 117 sales in Haverhill (CB9 8) that took place in the last two years.

Distribution of £ per sqm for Haverhill (CB9 8)
Distribution of £ per sqm house prices in Haverhill

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 Haverhill (CB9 8). Of the 117 transactions, half were sold for between £2,620 and £3,520 per square metre. The median, or 'middle', price per square metre in 'CB9 8' is £3,180. Notably, only 25% of properties that sold recently were valued at more than £3,520m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Haverhill

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 Haverhill. 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 Haverhill
House price heatmap for Haverhill

Comparison with neighbouring postcode sectors

The table below shows how 'CB9 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CB9 9 Haverhill £2,920m2 £3,400m2 £3,860m2
CB9 0 Haverhill £2,710m2 £3,140m2 £3,860m2
CB9 7 Haverhill £3,230m2 £3,710m2 £4,170m2
CB9 8 Haverhill £2,620m2 £3,180m2 £3,520m2

Will Haverhill 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 scatter plot below for CB9 8 (Haverhill). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CB9 8 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Haverhill (CB9 8) over time
House price trends for Haverhill

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Haverhill 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Haverhill data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
Elmhurst Close, Haverhill, CB9 8E 78m2 £3,226 14
Duddery Road, Haverhill, CB9 8E 67m2 £2,859 12
Recreation Road, Haverhill, CB9 8B 73m2 £3,296 11
Eden Road, Haverhill, CB9 8D 53m2 £3,031 10
Tudor Close, Haverhill, CB9 8N 95m2 £3,470 9
Mount Road, Haverhill, CB9 8E 71m2 £2,987 8
Beaumont Court, Haverhill, CB9 8E 98m2 £3,289 8
Orchard Close, Haverhill, CB9 8J 59m2 £4,094 8

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
High Street, Haverhill, CB9 8A 76m2 £2,071 10

High Street, Haverhill, CB9 8A has seen 10 new build sales in the last 4 years (average price £537,718). These new build homes typically have an internal area of 76 m2, with an average price of £2,071 m2. This £sqm average is £-1109 below the average for CB9 8. New builds typically command a £ per sqm premium. In the case of High Street the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Haverhill 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 m2 £/m2
50, Beaumont Court, Haverhill £283,000
Jan-2024
75 3,773
14, Fennels Close, Haverhill £217,000
Jan-2024
60 3,616
48, Mill Hill, Haverhill £231,000
Nov-2023
73 3,164

See the entire list of all sales in Haverhill (CB9 8) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.