# House prices in CM20 2 (Harlow)

## Defining 'CM20 2'

This analysis is limited to properties whose postcode starts with "CM20 2", 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 Harlow.

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 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. 57, Bromley Close, Harlow, sold for £197,000 on Apr-2024. Given the internal area of 60 square metres, the price per sqm is £3,283.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 117 sales in Harlow (CM20 2) that took place in the last two years.

##### Distribution of £ per sqm for Harlow
Distribution of £ per sqm house prices in Harlow

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 Harlow (CM20 2). Of the 117 transactions, half were sold for between £3,550 and £4,630 per square metre. The median, or 'middle', price per square metre in 'CM20 2' is £4,000. Notably, only 25% of properties that sold recently were valued at more than £4,630 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 Harlow

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 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.

House price heatmap for Harlow

## Comparison with neighbouring postcode sectors

The table below shows how 'CM20 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CM20 1 Harlow £3,550 sqm £3,900 sqm £4,320 sqm
CM20 3 Harlow £3,320 sqm £3,820 sqm £4,240 sqm
CM20 2 Harlow £3,550 sqm £4,000 sqm £4,630 sqm

## 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 chart below for CM20 2 (Harlow) compared with both the wider area CM20 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 Harlow,Harlow
House price trends for Harlow

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 CM20 2 sales
Recent trends for Harlow

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 Harlow 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 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.

## Street level data

Street Avg size Avg £sqm Recent sales
Altham Grove, Harlow, CM20 2P 84 sqm £3,644 25
Bromley Close, Harlow, CM20 2G 53 sqm £3,470 18
Glebelands, Harlow, CM20 2P 90 sqm £3,605 16
Tanyard Place, Harlow, CM20 2F 105 sqm £3,712 16
Terlings Avenue, Harlow, CM20 2F 123 sqm £4,544 15
Mark Hall Moors, Harlow, CM20 2N 87 sqm £3,940 13
Tanys Dell, Harlow, CM20 2L 71 sqm £3,213 12
Park Court, Harlow, CM20 2P 69 sqm £3,512 12

## New build activity

Street Avg size Avg £sqm New build sales
Edinburgh Gate, Harlow, CM20 2J 53 sqm £3,289 22
Edinburgh Gate, Harlow, CM20 2T 55 sqm £4,171 23
Edinburgh Gate, Harlow, CM20 2G 47 sqm £3,543 13
Locke Close, Harlow, CM20 2G 79 sqm £4,812 10

Edinburgh Gate, Harlow, CM20 2J has seen 22 new build sales in the last 4 years (average price £192,609). These new build homes typically have an internal area of 53 sqm, with an average price of £3,289 sqm. This £sqm average is £-711 below the average for CM20 2. New builds typically command a £ per sqm premium. In the case of Edinburgh Gate 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 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.