Feb 07, 2023 by HM

House prices in Harlow (CM18 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Harlow (CM18 7).

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Price per square metre

Knowing the average house price in Harlow 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. 145, Rundells, Harlow, sold for £297,500 on Aug-2023. Given the internal area of 70 square metres, the price per sqm is £4,250.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 196 sales in Harlow (CM18 7) 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 Harlow (CM18 7). Of the 196 transactions, half were sold for between £3,450 and £4,400 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,400m². 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 'CM18 7' is £3,910. The table below shows how 'CM18 7' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CM18 7 Harlow	£3,450m2	£3,910m2	£4,400m2
CM18 6 Harlow	£3,490m2	£3,920m2	£4,330m2

Will Harlow 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 CM18 7 (Harlow). 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 CM18 7 and the blue dots are the individual property sales that inform this trend.

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

Price map for Harlow

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 Harlow. 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 Harlow

Street level data

Street	Avg size	Avg £/m2	Recent sales
Rundells, Harlow, CM18 7H	83m2	£3,613	44
Wharley Hook, Harlow, CM18 7D	77m2	£3,918	29
Rodin Drive, Harlow, CM18 7F	99m2	£4,005	28
Moorfield, Harlow, CM18 7Q	78m2	£3,063	27
Lower Meadow, Harlow, CM18 7R	78m2	£2,980	22
Upper Mealines, Harlow, CM18 7A	80m2	£3,602	18
Berecroft, Harlow, CM18 7S	87m2	£2,790	18
Radburn Close, Harlow, CM18 7E	76m2	£3,610	17

Search for your street here.

Raw data

Our analysis of Harlow 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
145, Rundells, Harlow	£297,500 Aug-2023	70	4,250
39, Brooklane Field, Harlow	£457,500 Aug-2023	101	4,529
12, Rye Hill Rd, Harlow	£675,000 Aug-2023	141	4,787

See the entire list of all sales in Harlow (CM18 7) here.