Feb 07, 2023 by HM

House prices in Harlow (CM20 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Harlow (CM20 3).


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. Flat 16 Adingtons, Halling Hill, Harlow, sold for £195,000 on Aug-2023. Given the internal area of 62 square metres, the price per sqm is £3,145.

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 194 sales in Harlow (CM20 3) that took place in the last two years.

Distribution of £ per sqm for Harlow (CM20 3)
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.

That said, the spread of prices will give you a feel of the typical range to expect in Harlow (CM20 3). Of the 194 transactions, half were sold for between £3,470 and £4,220 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,220m2. 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 3' is £3,870. The table below shows how 'CM20 3' 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 3 (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 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Harlow (CM20 3) over time
House price trends for Harlow

Hover on any blue dot to see details of specific sales

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.

Property price heatmap for Harlow
House price heatmap for Harlow

Street level data

Street Avg size Avg £/m2 Recent sales
Ladyshot, Harlow, CM20 3E 80m2 £3,360 43
Halling Hill, Harlow, CM20 3J 74m2 £3,760 43
Long Ley, Harlow, CM20 3N 78m2 £3,860 27
The Dashes, Harlow, CM20 3R 76m2 £3,587 26
The Downs, Harlow, CM20 3R 82m2 £3,551 25
Felmongers, Harlow, CM20 3D 89m2 £3,853 23
The Hides, Harlow, CM20 3Q 79m2 £3,323 23
Green Hills, Harlow, CM20 3S 82m2 £3,617 16

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
Flat 16 Adingtons, Halling Hill, Harlow £195,000
Aug-2023
62 3,145
32, Green Hills, Harlow £340,000
Aug-2023
95 3,578
210, Halling Hill, Harlow £345,000
Aug-2023
82 4,207

See the entire list of all sales in Harlow (CM20 3) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.