# House prices in CM14 4 (Brentwood)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CM14 4' (Brentwood, Warley) - statistics were last calculated on 31 July 2024.

## 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. There are no official names for postcode sectors so I've just labelled it Brentwood.

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 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. Flat 4 Guilford Lodge, Queens Road, Brentwood, Warley, sold for £237,500 on Jun-2024. Given the internal area of 43 square metres, the price per sqm is £5,523.

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. £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 322 sales in Brentwood (CM14 4) that took place in the last two years.

##### Distribution of £ per sqm for Brentwood, Warley
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 322 transactions, half were sold for between £4,500 and £5,910 per square metre. The median, or 'middle', price per square metre in 'CM14 4' is £5,240. Notably, only 25% of properties that sold recently were valued at more than £5,910 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 Brentwood, Warley

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 Warley. 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.

House price heatmap for Brentwood, Warley

## 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 4 Brentwood £4,500 sqm £5,240 sqm £5,910 sqm
CM14 5 Harold Wood £4,620 sqm £5,510 sqm £6,290 sqm

## Will Warley 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 CM14 4 (Brentwood) compared with both the wider area CM14 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 Brentwood,Warley
House price trends for Brentwood

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 CM14 4 sales
Recent trends for Brentwood

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 Warley 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 Warley 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
London Road, Brentwood, CM14 4N 94 sqm £4,749 28
Kings Chase, Brentwood, CM14 4L 65 sqm £5,655 24
Rose Valley, Brentwood, CM14 4H 72 sqm £5,214 22
North Road Avenue, Brentwood, CM14 4X 63 sqm £5,908 22
Alfred Road, Brentwood, CM14 4B 66 sqm £5,579 21
Weald Road, Brentwood, CM14 4T 79 sqm £5,366 18
Park Road, Brentwood, CM14 4T 117 sqm £5,571 17
Mayfield Gardens, Brentwood, CM14 4U 83 sqm £4,103 17

## New build activity

Street Avg size Avg £sqm New build sales
St James Road, Brentwood, CM14 4J 64 sqm £4,186 38
New Road, Brentwood, CM14 4G 58 sqm £5,267 9

St James Road, Brentwood, CM14 4J has seen 38 new build sales in the last 4 years (average price £263,726). These new build homes typically have an internal area of 64 sqm, with an average price of £4,186 sqm. This £sqm average is £0 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.