Feb 07, 2023 by HM

House prices in Dunmow (CM6 1)

This article reveals price per square metre data and various charts to help you understand current housing market in Dunmow (CM6 1).

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Price per square metre

Knowing the average house price in Dunmow 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. 28, The Croft, Dunmow, sold for £305,000 on Sep-2023. Given the internal area of 63 square metres, the price per sqm is £4,841.

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 330 sales in Dunmow (CM6 1) 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 Dunmow (CM6 1). Of the 330 transactions, half were sold for between £3,770 and £4,850 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,850m². 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 'CM6 1' is £4,290. The table below shows how 'CM6 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CM6 3 Felsted	£3,610m2	£4,210m2	£4,830m2
CM6 2 Thaxted	£3,950m2	£4,420m2	£4,880m2
CM6 4 Little Canfield	£4,120m2	£4,590m2	£4,730m2
CM6 1 Dunmow	£3,770m2	£4,290m2	£4,850m2

Will Dunmow 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 CM6 1 (Dunmow). 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 CM6 1 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Dunmow 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 Dunmow data or any other data I am given.

Price map for Dunmow

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 Dunmow. 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 Dunmow

Street level data

Street	Avg size	Avg £/m2	Recent sales
Haslers Lane, Dunmow, CM6 1B	45m2	£3,651	30
Woodlands Park Drive, Dunmow, CM6 1W	126m2	£3,709	21
The Maltings, Dunmow, CM6 1B	72m2	£4,247	16
Snowberry Road, Dunmow, CM6 1Y	107m2	£3,774	16
High Street, Dunmow, CM6 1A	67m2	£3,851	15
Chelmsford Road, Dunmow, CM6 1H	51m2	£3,559	15
Saffron Way, Dunmow, CM6 1H	97m2	£4,152	14
Clarendon Road, Dunmow, CM6 1G	91m2	£4,326	13

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Guelder Rose, Dunmow, CM6 1T	147m2	£3,662	30
Guelder Rose, Dunmow, CM6 1X	113m2	£3,526	17
Stortford Road, Dunmow, CM6 1D	143m2	£4,800	9

Guelder Rose, Dunmow, CM6 1T has seen 30 new build sales in the last 4 years (average price £511,261). These new build homes typically have an internal area of 147 m2, with an average price of £3,662 m2. This £sqm average is £-628 below the average for CM6 1. New builds typically command a £ per sqm premium. In the case of Guelder Rose 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 Dunmow 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
28, The Croft, Dunmow	£305,000 Sep-2023	63	4,841
4, Laburnum Rd, Dunmow	£315,000 Aug-2023	63	5,000
41, Owers Pl, Dunmow	£730,000 Aug-2023	166	4,397

See the entire list of all sales in Dunmow (CM6 1) here.