Feb 07, 2023 by HM

House prices in Thaxted (CM6 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Thaxted (CM6 2).

Price per square metre

Knowing the average house price in Thaxted 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. Long View, Mill End Green, Thaxted, Dunmow, sold for £350,000 on Aug-2023. Given the internal area of 98 square metres, the price per sqm is £3,571.

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. £4,700-£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 102 sales in Thaxted (CM6 2) that took place in the last two years.

Distribution of £ per sqm for Thaxted (CM6 2)
Distribution of £ per sqm house prices in Thaxted

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 Thaxted (CM6 2). Of the 102 transactions, half were sold for between £3,950 and £4,880 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,880m2. 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 2' is £4,420. The table below shows how 'CM6 2' 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 Thaxted 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 2 (Thaxted). 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 2 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Thaxted (CM6 2) over time
House price trends for Thaxted

Hover on any blue dot to see details of specific sales

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

Price map for Thaxted

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 Thaxted. 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 Thaxted
House price heatmap for Thaxted

Street level data

Street Avg size Avg £/m2 Recent sales
Godfrey Way, Thaxted, CM6 2S 92m2 £3,980 17
Newbiggen Street, Thaxted, CM6 2Q 94m2 £4,580 13
Wedow Road, Thaxted, CM6 2J 90m2 £3,967 9
The Causeway, Thaxted, CM6 2A 122m2 £3,059 9
Dunmow Road, Thaxted, CM6 2D 120m2 £3,814 8
The Poplars, Thaxted, CM6 2J 131m2 £4,276 8
Park Street, Thaxted, CM6 2N 126m2 £3,578 8
Newbiggen Street, Thaxted, CM6 2E 100m2 £3,982 7

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Lees Close, Thaxted, CM6 2G 101m2 £4,009 13

Lees Close, Thaxted, CM6 2G has seen 13 new build sales in the last 4 years (average price £398,214). These new build homes typically have an internal area of 101 m2, with an average price of £4,009 m2. This £sqm average is £-411 below the average for CM6 2. New builds typically command a £ per sqm premium. In the case of Lees Close 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 Thaxted 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
Long View, Mill End Green, Thaxted, Dunmow £350,000
98 3,571
Vicara, Monk St, Thaxted, Dunmow £420,000
91 4,615
22, The Poplars, Thaxted, Dunmow £475,000
110 4,318

See the entire list of all sales in Thaxted (CM6 2) here.


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.