# House prices in CM17 9 (Church Langley)

This article reveals price per square metre data and various charts to help you understand current housing market in Church Langley (CM17 9).

## Defining 'CM17 9'

This analysis is limited to properties whose postcode starts with "CM17 9", 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 Church Langley.

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 Church Langley 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. 6, Alexander Mews, Church Langley, sold for £342,500 on Mar-2024. Given the internal area of 81 square metres, the price per sqm is £4,228.

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. etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 361 sales in Church Langley (CM17 9) that took place in the last two years.

##### Distribution of £ per sqm for Church Langley
Distribution of £ per sqm house prices in Church Langley

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 Church Langley (CM17 9). Of the 361 transactions, half were sold for between £4,060 and £5,420 per square metre. The median, or 'middle', price per square metre in 'CM17 9' is £4,700. Notably, only 25% of properties that sold recently were valued at more than £5,420 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 Church Langley

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 Church Langley. 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 Church Langley

## Comparison with neighbouring postcode sectors

The table below shows how 'CM17 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CM17 0 Harlow £3,960 sqm £4,490 sqm £5,110 sqm
CM17 9 Church Langley £4,060 sqm £4,700 sqm £5,420 sqm

## Will Church Langley 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 CM17 9 (Church Langley) compared with both the wider area CM17 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 Church Langley,Church Langley
House price trends for Church Langley

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 CM17 9 sales
Recent trends for Church Langley

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 Church Langley 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 Church Langley 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
Doulton Close, Church Langley, CM17 9R 74 sqm £4,968 44
Malkin Drive, Church Langley, CM17 9H 89 sqm £4,337 34
Aynsley Gardens, Church Langley, CM17 9P 63 sqm £4,452 33
Coalport Close, Church Langley, CM17 9R 56 sqm £5,523 30
Fullers Mead, Church Langley, CM17 9A 72 sqm £3,791 28
Chelsea Gardens, Church Langley, CM17 9R 78 sqm £4,306 27
Albert Gardens, Church Langley, CM17 9Q 70 sqm £5,286 27
Davenport, Church Langley, CM17 9T 89 sqm £4,264 26

## New build activity

Street Avg size Avg £sqm New build sales
Hastingwood Park, Church Langley, CM17 9S 131 sqm £4,642 18

Hastingwood Park, Church Langley, CM17 9S has seen 18 new build sales in the last 4 years (average price £610,973). These new build homes typically have an internal area of 131 sqm, with an average price of £4,642 sqm. This £sqm average is £-58 below the average for CM17 9. New builds typically command a £ per sqm premium. In the case of Hastingwood Park 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 Church Langley 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.