House prices in CM16 7 (Theydon Bois)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CM16 7' (Theydon Bois, Epping) - statistics were last calculated on 04 October 2024.


Defining 'CM16 7'

This analysis is limited to properties whose postcode starts with "CM16 7", 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 Theydon Bois.

You can click on the map to change 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 Theydon Bois 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 18 Theydon Gate, Station Approach, Theydon Bois, Epping, sold for £340,000 on Jul-2024. Given the internal area of 57 square metres, the price per sqm is £5,964.

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 109 sales in Theydon Bois (CM16 7) that took place in the last two years.

Distribution of £ per sqm for Theydon Bois, Epping
Distribution of £ per sqm house prices in Theydon Bois

Generate a custom chart like the one above but based on your own criteria.

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 Theydon Bois (CM16 7). Of the 109 transactions, half were sold for between £5,410 and £7,140 per square metre. The median, or 'middle', price per square metre in 'CM16 7' is £6,180. Notably, only 25% of properties that sold recently were valued at more than £7,140 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 Theydon Bois, 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.

Property price heatmap for Theydon Bois
House price heatmap for Theydon Bois, Epping

Comparison with neighbouring postcode sectors

The table below shows how 'CM16 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CM16 5 Epping £5,340 sqm £5,950 sqm £6,570 sqm
CM16 4 Epping £5,320 sqm £6,180 sqm £6,930 sqm
CM16 6 North Weald £4,700 sqm £5,280 sqm £6,240 sqm
CM16 7 Theydon Bois £5,410 sqm £6,180 sqm £7,140 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 7 (Theydon Bois) 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 Theydon Bois,Epping
House price trends for Theydon Bois

Download time series data as CSV (paying users only).

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 7 sales
Recent trends for Theydon Bois

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
Bower Hill, Theydon Bois, CM16 7A 108 sqm £5,695 24
Dukes Avenue, Theydon Bois, CM16 7H 137 sqm £6,738 21
Charles Street, Theydon Bois, CM16 7A 80 sqm £5,807 15
Theydon Park Road, Theydon Bois, CM16 7L 168 sqm £6,294 13
Coopersale Common, Theydon Bois, CM16 7Q 133 sqm £5,198 12
Garnon Mead, Theydon Bois, CM16 7R 55 sqm £6,422 12
Coppice Row, Theydon Bois, CM16 7D 185 sqm £6,182 11
Forest Drive, Theydon Bois, CM16 7E 84 sqm £5,639 11

Search for your street here.

Raw data

Our analysis of Theydon Bois 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 sqm £/sqm
Flat 18 Theydon Gate, Station Approach, Theydon Bois, Epping £340,000
Jul-2024
57 5,964
16, Bower Hill, Theydon Bois, Epping £832,500
Jun-2024
138 6,032
33, The Orchards, Theydon Bois, Epping £640,000
Jun-2024
66 9,696

See the entire list of all sales in Theydon Bois (CM16 7) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.