House prices in CM16 6 (North Weald)

This article reveals price per square metre data and various charts to help you understand current housing market in North Weald, Epping (CM16 6).

Defining 'CM16 6'

This analysis is limited to properties whose postcode starts with "CM16 6", 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 North Weald.

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 North Weald 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. 1, Aragon Mews, North Weald, Epping, sold for £800,000 on Apr-2024. Given the internal area of 131 square metres, the price per sqm is £6,106.

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. £6,150-£6,500, £6,500-£6,850, £6,850-£7,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 165 sales in North Weald (CM16 6) that took place in the last two years.

Distribution of £ per sqm for North Weald, Epping
Distribution of £ per sqm house prices in North Weald

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 North Weald (CM16 6). Of the 165 transactions, half were sold for between £4,600 and £6,290 per square metre. The median, or 'middle', price per square metre in 'CM16 6' is £5,290. Notably, only 25% of properties that sold recently were valued at more than £6,290 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 North Weald, Epping

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 Epping. 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 North Weald, Epping

Comparison with neighbouring postcode sectors

The table below shows how 'CM16 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CM16 6 North Weald £4,600 sqm £5,290 sqm £6,290 sqm
CM16 7 Theydon Bois £5,730 sqm £6,570 sqm £7,310 sqm
CM16 4 Epping £5,120 sqm £6,050 sqm £6,820 sqm
CM16 5 Epping £5,470 sqm £6,000 sqm £6,370 sqm

Will Epping 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 CM16 6 (North Weald) compared with both the wider area CM16 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 North Weald,Epping
House price trends for North Weald

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 CM16 6 sales
Recent trends for North Weald

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 Epping 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 Epping 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
Blenheim Square, North Weald, CM16 6F 80 sqm £4,419 24
Queens Road, North Weald, CM16 6J 87 sqm £4,612 21
Lindsey Street, North Weald, CM16 6R 110 sqm £5,670 21
Kings Wood Park, North Weald, CM16 6F 145 sqm £5,365 18
Fairfield Road, North Weald, CM16 6S 99 sqm £6,668 17
Thornhill, North Weald, CM16 6D 102 sqm £4,597 14
James Street, North Weald, CM16 6R 97 sqm £6,170 12
Weald Bridge Road, North Weald, CM16 6E 110 sqm £5,073 11

Raw data

Our analysis of North Weald 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.