Feb 07, 2023 by HM

# House prices in Theydon Bois (CM16 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Theydon Bois (CM16 7).

## 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. You can click on the map labels to change to a neighbouring sector.

## 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. 12, Coopersale Common, Theydon Bois, Epping, sold for £685,000 on Jan-2024. Given the internal area of 156 square metres, the price per sqm is £4,391.

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. £6,700-£7,000, £7,000-£7,300, £7,300-£7,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 130 sales in Theydon Bois (CM16 7) that took place in the last two years.

##### Distribution of £ per sqm for Theydon Bois (CM16 7)
Distribution of £ per sqm house prices in Theydon Bois

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 130 transactions, half were sold for between £5,730 and £7,300 per square metre. The median, or 'middle', price per square metre in 'CM16 7' is £6,520. Notably, only 25% of properties that sold recently were valued at more than £7,300m2. 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

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 Theydon Bois. 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 Theydon Bois

## 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 £5,480m2 £6,000m2 £6,380m2
CM16 6 North Weald £4,660m2 £5,320m2 £6,300m2
CM16 4 Epping £5,290m2 £6,050m2 £6,930m2
CM16 7 Theydon Bois £5,730m2 £6,520m2 £7,300m2

## Will Theydon Bois 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 CM16 7 (Theydon Bois). 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 CM16 7 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Theydon Bois (CM16 7) over time
House price trends for Theydon Bois

Hover on any blue dot to see details of specific sales

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

## Street level data

Street Avg size Avg £/m2 Recent sales
Bower Hill, Theydon Bois, CM16 7A 108m2 £5,684 22
Dukes Avenue, Theydon Bois, CM16 7H 137m2 £6,547 21
Charles Street, Theydon Bois, CM16 7A 79m2 £5,813 14
Coopersale Common, Theydon Bois, CM16 7Q 133m2 £5,270 12
Piercing Hill, Theydon Bois, CM16 7J 197m2 £6,880 12
Theydon Park Road, Theydon Bois, CM16 7L 169m2 £6,371 12
Coppice Row, Theydon Bois, CM16 7D 189m2 £6,182 11
Garnon Mead, Theydon Bois, CM16 7R 55m2 £6,503 11

## 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.