House prices in CM3 4 (Danbury)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CM3 4' (Danbury, South Woodham Ferrers) - statistics were last calculated on 30 June 2024.

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Defining 'CM3 4'

This analysis is limited to properties whose postcode starts with "CM3 4", 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 Danbury.

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.

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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 Danbury 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. 26, Danbury Vale, Danbury, South Woodham Ferrers, sold for £620,000 on May-2024. Given the internal area of 152 square metres, the price per sqm is £4,078.

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. £4,700-£5,000, £5,000-£5,300, £5,300-£5,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 158 sales in Danbury (CM3 4) 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 Danbury (CM3 4). Of the 158 transactions, half were sold for between £4,180 and £5,490 per square metre. The median, or 'middle', price per square metre in 'CM3 4' is £4,820. Notably, only 25% of properties that sold recently were valued at more than £5,490 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 Danbury, 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 Danbury, South Woodham Ferrers

Comparison with neighbouring postcode sectors

The table below shows how 'CM3 4' 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 4 (Danbury) 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
Danbury Palace Drive, Danbury, CM3 4F	124 sqm	£4,580	21
Main Road, Danbury, CM3 4D	119 sqm	£4,430	13
Brockenhurst Way, Danbury, CM3 4X	52 sqm	£5,057	13
Deerhurst Chase, Danbury, CM3 4X	61 sqm	£4,622	12
North Hill, Danbury, CM3 4T	162 sqm	£5,114	11
Peartree Lane, Danbury, CM3 4L	123 sqm	£4,786	11
Mill Lane, Danbury, CM3 4H	115 sqm	£5,322	10
Hyde Lane, Danbury, CM3 4Q	205 sqm	£4,854	10

Search for your street here.

Raw data

Our analysis of Danbury 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
26, Danbury Vale, Danbury, South Woodham Ferrers	£620,000 May-2024	152	4,078
Hareswood, Elm Green Lane, Danbury, South Woodham Ferrers	£1,100,000 May-2024	182	6,043
8, Brockenhurst Way, Danbury, South Woodham Ferrers	£228,000 May-2024	40	5,700

See the entire list of all sales in Danbury (CM3 4) here.