Feb 07, 2023 by HM

House prices in Brentwood (CM14 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Brentwood (CM14 4).


Defining 'CM14 4'

This analysis is limited to properties whose postcode starts with "CM14 4", 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 Brentwood 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. 26, Chase Road, Brentwood, Warley, sold for £465,000 on Feb-2024. Given the internal area of 85 square metres, the price per sqm is £5,470.

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. £4,700-£5,000, £5,000-£5,300, £5,300-£5,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 348 sales in Brentwood (CM14 4) that took place in the last two years.

Distribution of £ per sqm for Brentwood (CM14 4)
Distribution of £ per sqm house prices in Brentwood

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 Brentwood (CM14 4). Of the 348 transactions, half were sold for between £4,490 and £5,880 per square metre. The median, or 'middle', price per square metre in 'CM14 4' is £5,110. Notably, only 25% of properties that sold recently were valued at more than £5,880m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Brentwood

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 Brentwood. 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 Brentwood
House price heatmap for Brentwood

Comparison with neighbouring postcode sectors

The table below shows how 'CM14 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CM14 5 Warley £4,710m2 £5,600m2 £6,290m2
CM14 4 Brentwood £4,490m2 £5,110m2 £5,880m2

Will Brentwood 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 CM14 4 (Brentwood). 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 CM14 4 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Brentwood (CM14 4) over time
House price trends for Brentwood

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Brentwood 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 Brentwood data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
London Road, Brentwood, CM14 4N 94m2 £4,814 26
Kings Chase, Brentwood, CM14 4L 65m2 £5,644 23
Rose Valley, Brentwood, CM14 4H 73m2 £5,277 22
New Road, Brentwood, CM14 4G 58m2 £5,225 21
North Road Avenue, Brentwood, CM14 4X 63m2 £5,747 18
Alfred Road, Brentwood, CM14 4B 66m2 £5,608 18
Park Road, Brentwood, CM14 4T 118m2 £5,391 17
Weald Road, Brentwood, CM14 4T 78m2 £5,385 16

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
St James Road, Brentwood, CM14 4J 64m2 £4,239 39

St James Road, Brentwood, CM14 4J has seen 39 new build sales in the last 4 years (average price £267,971). These new build homes typically have an internal area of 64 m2, with an average price of £4,239 m2. This £sqm average is £-871 below the average for CM14 4. New builds typically command a £ per sqm premium. In the case of St James Road 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 Brentwood 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
26, Chase Rd, Brentwood, Warley £465,000
Feb-2024
85 5,470
10, South Weald Rd, Brentwood, Warley £1,375,000
Feb-2024
254 5,413
31, Kings Chase, Brentwood, Warley £370,000
Jan-2024
67 5,522

See the entire list of all sales in Brentwood (CM14 4) 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.