House prices in CM4 0 (Ingatestone)

This article reveals price per square foot data and various charts to help you understand current housing market in 'CM4 0' (Ingatestone) - statistics were last calculated on 30 August 2024.


Defining 'CM4 0'

This analysis is limited to properties whose postcode starts with "CM4 0", 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 Ingatestone.

You can click on the map to change 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 foot

Knowing the average house price in Ingatestone is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 23, Willow Green, Ingatestone, sold for £975,000 on Jul-2024. Given the internal area of 2,378 square feet, the price per sqft is £409.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £603-£650, £650-£696, £696-£743 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 88 sales in Ingatestone (CM4 0) that took place in the last two years.

Distribution of £ per sqft for Ingatestone
Distribution of £ per sqft house prices in Ingatestone

Generate a custom chart like the one above but based on your own criteria.

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 Ingatestone (CM4 0). Of the 88 transactions, half were sold for between £435 and £578 per square foot. The median, or 'middle', price per square foot in 'CM4 0' is £507. Notably, only 25% of properties that sold recently were valued at more than £578 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Ingatestone

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 Ingatestone. 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.

Property price heatmap for Ingatestone
House price heatmap for Ingatestone

Comparison with neighbouring postcode sectors

The table below shows how 'CM4 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CM4 0 Ingatestone £435 sqft £507 sqft £578 sqft
CM4 9 Stock £458 sqft £516 sqft £610 sqft

Will Ingatestone 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 CM4 0 (Ingatestone) compared with both the wider area CM4 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 foot in Ingatestone,Ingatestone
House price trends for Ingatestone

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.

Most recent CM4 0 sales
Recent trends for Ingatestone

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 Ingatestone 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 Ingatestone 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 £sqft Recent sales
The Furlongs, Ingatestone, CM4 0A 0 sqft £476 17
Fryerning Lane, Ingatestone, CM4 0D 979 sqft £494 14
The Paddocks, Ingatestone, CM4 0B 0 sqft £568 14
Summerfields, Ingatestone, CM4 0B 602 sqft £480 11
Meadow Rise, Ingatestone, CM4 0Q 0 sqft £521 9
Crown Mews, Ingatestone, CM4 0F 0 sqft £574 9
Willow Green, Ingatestone, CM4 0D 0 sqft £524 7
Woollard Way, Ingatestone, CM4 0Q 0 sqft £521 7

Search for your street here.

New build activity

Street Avg size Avg £sqft New build sales
Little Ridings Lane, Ingatestone, CM4 0F 0 sqft £417 9

Little Ridings Lane, Ingatestone, CM4 0F has seen 9 new build sales in the last 4 years (average price £833,333). These new build homes typically have an internal area of 2,002 sqft, with an average price of £417 sqft. This £sqm average is £-90 below the average for CM4 0. New builds typically command a £ per sqft premium. In the case of Little Ridings Lane 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 Ingatestone 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 sqft £/sqft
23, Willow Green, Ingatestone £975,000
Jul-2024
2,378 409
23, The Limes, Ingatestone £215,000
Jun-2024
602 356
11, Market Pl, Ingatestone £545,000
May-2024
871 625

See the entire list of all sales in Ingatestone (CM4 0) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.