Feb 07, 2023 by HM

House prices in Doddinghurst (CM15 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Doddinghurst (CM15 0).

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Price per square metre

Knowing the average house price in Doddinghurst 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. Cloverley, Wyatts Green Road, Doddinghurst, Shenfield, sold for £550,000 on Aug-2023. Given the internal area of 112 square metres, the price per sqm is £4,910.

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. £5,700-£6,000, £6,000-£6,300, £6,300-£6,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 154 sales in Doddinghurst (CM15 0) that took place in the last two years.

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.

That said, the spread of prices will give you a feel of the typical range to expect in Doddinghurst (CM15 0). Of the 154 transactions, half were sold for between £4,580 and £5,820 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,820m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CM15 0' is £5,060. The table below shows how 'CM15 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CM15 9 Pilgrims Hatch	£4,460m2	£5,050m2	£5,840m2
CM15 0 Doddinghurst	£4,580m2	£5,060m2	£5,820m2
CM15 8 Shenfield	£5,330m2	£5,960m2	£6,830m2

Will Doddinghurst 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 CM15 0 (Doddinghurst). 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 CM15 0 and the blue dots are the individual property sales that inform this trend.

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

Price map for Doddinghurst

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Doddinghurst. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Doddinghurst

Street level data

Street	Avg size	Avg £/m2	Recent sales
Kelvedon Green, Doddinghurst, CM15 0X	87m2	£5,438	18
Roman Road, Doddinghurst, CM15 0U	92m2	£5,217	17
The Gardens, Doddinghurst, CM15 0L	111m2	£5,020	15
Lime Grove, Doddinghurst, CM15 0Q	99m2	£4,325	11
Wyatts Green Lane, Doddinghurst, CM15 0P	100m2	£5,192	11
Elm Gardens, Doddinghurst, CM15 0F	108m2	£4,765	11
Glovers Field, Doddinghurst, CM15 0B	107m2	£4,520	11
Wyatts Green Road, Doddinghurst, CM15 0P	141m2	£4,694	11

Search for your street here.

Raw data

Our analysis of Doddinghurst 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
Cloverley, Wyatts Green Rd, Doddinghurst, Shenfield	£550,000 Aug-2023	112	4,910
23, Kelvedon Green, Doddinghurst, Shenfield	£540,000 Aug-2023	107	5,046
Manor Cottage, Church Lane, Doddinghurst, Shenfield	£1,650,000 Aug-2023	177	9,322

See the entire list of all sales in Doddinghurst (CM15 0) here.