House prices in CM3 3 (Boreham)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CM3 3' (Boreham, South Woodham Ferrers) - statistics were last calculated on 30 June 2024.

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Defining 'CM3 3'

This analysis is limited to properties whose postcode starts with "CM3 3", 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 Boreham.

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.

Search Area:

Change sector

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Boreham 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. 16, Porters Park, Boreham, South Woodham Ferrers, sold for £490,000 on May-2024. Given the internal area of 104 square metres, the price per sqm is £4,711.

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. £5,250-£5,500, £5,500-£5,750, £5,750-£6,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 115 sales in Boreham (CM3 3) 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.

The spread of prices will give you a feel of the typical range to expect in Boreham (CM3 3). Of the 115 transactions, half were sold for between £4,070 and £5,130 per square metre. The median, or 'middle', price per square metre in 'CM3 3' is £4,690. Notably, only 25% of properties that sold recently were valued at more than £5,130 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 Boreham, South Woodham Ferrers

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 South Woodham Ferrers. 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 Boreham, South Woodham Ferrers

Comparison with neighbouring postcode sectors

The table below shows how 'CM3 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CM3 3 Boreham	£4,070 sqm	£4,690 sqm	£5,130 sqm
CM3 6 Mayland	£3,560 sqm	£4,160 sqm	£4,800 sqm
CM3 5 South Woodham Ferrers	£3,830 sqm	£4,430 sqm	£4,940 sqm
CM3 4 Danbury	£4,180 sqm	£4,820 sqm	£5,490 sqm
CM3 8 East Hanningfield	£3,550 sqm	£4,460 sqm	£5,240 sqm
CM3 1 Great Leighs	£3,800 sqm	£4,370 sqm	£5,300 sqm
CM3 2 Hatfield Peverel	£4,170 sqm	£4,600 sqm	£5,330 sqm
CM3 7 South Woodham Ferrers	£4,130 sqm	£4,890 sqm	£5,460 sqm

Will South Woodham Ferrers 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 CM3 3 (Boreham) compared with both the wider area CM3 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

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.

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 South Woodham Ferrers 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 South Woodham Ferrers 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
Fairway Drive, Boreham, CM3 3F	155 sqm	£4,087	18
Hurrell Down, Boreham, CM3 3J	47 sqm	£4,997	16
Boleyn Way, Boreham, CM3 3J	83 sqm	£4,238	14
Brassie Wood, Boreham, CM3 3F	116 sqm	£3,905	13
Holmans, Boreham, CM3 3E	67 sqm	£5,255	12
Church Road, Boreham, CM3 3E	78 sqm	£4,268	12
Plantation Road, Boreham, CM3 3E	115 sqm	£4,367	11
Villiers Place, Boreham, CM3 3J	44 sqm	£5,024	11

Search for your street here.

Raw data

Our analysis of Boreham 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	sqm	£/sqm
16, Porters Park, Boreham, South Woodham Ferrers	£490,000 May-2024	104	4,711
15, Boleyn Way, Boreham, South Woodham Ferrers	£310,000 Apr-2024	70	4,428
26, The Chase, Boreham, South Woodham Ferrers	£370,000 Apr-2024	106	3,490

See the entire list of all sales in Boreham (CM3 3) here.