Feb 07, 2023 by HM

House prices in Harlow (CM20 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Harlow (CM20 2).

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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. 6, Taylor Close, Harlow, sold for £387,500 on Aug-2023. Given the internal area of 73 square metres, the price per sqm is £5,308.

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. £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 139 sales in Harlow (CM20 2) 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 (CM20 2). Of the 139 transactions, half were sold for between £3,460 and £4,520 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,520m². 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 'CM20 2' is £3,970. The table below shows how 'CM20 2' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CM20 1 Harlow	£3,540m2	£4,000m2	£4,410m2
CM20 3 Harlow	£3,470m2	£3,870m2	£4,220m2
CM20 2 Harlow	£3,460m2	£3,970m2	£4,520m2

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 CM20 2 (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 CM20 2 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
Altham Grove, Harlow, CM20 2P	85m2	£3,547	25
Bromley Close, Harlow, CM20 2G	52m2	£3,536	20
Glebelands, Harlow, CM20 2P	89m2	£3,570	15
Terlings Avenue, Harlow, CM20 2F	123m2	£4,092	15
Tanyard Place, Harlow, CM20 2F	106m2	£3,550	14
Tanys Dell, Harlow, CM20 2L	70m2	£3,277	13
Mark Hall Moors, Harlow, CM20 2N	87m2	£3,953	13
Fesants Croft, Harlow, CM20 2J	77m2	£3,990	11

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Edinburgh Gate, Harlow, CM20 2J	53m2	£3,466	29
Edinburgh Gate, Harlow, CM20 2T	55m2	£4,334	31
Edinburgh Gate, Harlow, CM20 2G	48m2	£3,785	19
Locke Close, Harlow, CM20 2G	80m2	£4,810	12

Edinburgh Gate, Harlow, CM20 2J has seen 29 new build sales in the last 4 years (average price £201,435). These new build homes typically have an internal area of 53 m2, with an average price of £3,466 m2. This £sqm average is £-504 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.

Address	Paid	m2	£/m2
6, Taylor Close, Harlow	£387,500 Aug-2023	73	5,308
10, Mark Hall Moors, Harlow	£490,000 Aug-2023	126	3,888
42, Bromley Close, Harlow	£183,000 Aug-2023	37	4,945

See the entire list of all sales in Harlow (CM20 2) here.