House prices in CO14 8 (Walton On The Naze)

This article reveals price per square metre data and various charts to help you understand current housing market in Walton On The Naze (CO14 8).


Defining 'CO14 8'

This analysis is limited to properties whose postcode starts with "CO14 8", 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 Walton On The Naze.

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.

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

Price per square metre

Knowing the average house price in Walton On The Naze 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. 6, Percival Road, Walton On The Naze, sold for £318,000 on Mar-2024. Given the internal area of 82 square metres, the price per sqm is £3,878.

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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 184 sales in Walton On The Naze (CO14 8) that took place in the last two years.

Distribution of £ per sqm for Walton On The Naze
Distribution of £ per sqm house prices in Walton On The Naze

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 Walton On The Naze (CO14 8). Of the 184 transactions, half were sold for between £2,860 and £4,120 per square metre. The median, or 'middle', price per square metre in 'CO14 8' is £3,570. Notably, only 25% of properties that sold recently were valued at more than £4,120 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 Walton On The Naze

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 Walton On The Naze. 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 Walton On The Naze
House price heatmap for Walton On The Naze

Comparison with neighbouring postcode sectors

The table below shows how 'CO14 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CO14 8 Walton On The Naze £2,860 sqm £3,570 sqm £4,120 sqm

Will Walton On The Naze 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 CO14 8 (Walton On The Naze) compared with both the wider area CO14 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 metre in Walton On The Naze,Walton On The Naze
House price trends for Walton On The Naze

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 CO14 8 sales
Recent trends for Walton On The Naze

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 Walton On The Naze 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 Walton On The Naze 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
Walton Road, Walton On The Naze, CO14 8L 80 sqm £3,386 27
Columbine Gardens, Walton On The Naze, CO14 8N 75 sqm £3,163 20
Walton Road, Walton On The Naze, CO14 8N 82 sqm £3,481 18
Hall Lane, Walton On The Naze, CO14 8H 93 sqm £2,978 17
Garden Road, Walton On The Naze, CO14 8R 73 sqm £2,964 15
Woodberry Way, Walton On The Naze, CO14 8E 98 sqm £2,913 12
Skippers Way, Walton On The Naze, CO14 8F 85 sqm £3,107 12
Wade Reach, Walton On The Naze, CO14 8R 83 sqm £3,409 11

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Arthur Ransome Way, Walton On The Naze, CO14 8F 78 sqm £3,168 12
Luff Way, Walton On The Naze, CO14 8F 50 sqm £3,846 9

Arthur Ransome Way, Walton On The Naze, CO14 8F has seen 12 new build sales in the last 4 years (average price £234,480). These new build homes typically have an internal area of 78 sqm, with an average price of £3,168 sqm. This £sqm average is £-402 below the average for CO14 8. New builds typically command a £ per sqm premium. In the case of Arthur Ransome Way 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 Walton On The Naze 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
6, Percival Rd, Walton On The Naze £318,000
Mar-2024
82 3,878
29, Florence Rd, Walton On The Naze £285,000
Feb-2024
79 3,607
20, Seaview Heights, Walton On The Naze £280,000
Feb-2024
67 4,179

See the entire list of all sales in Walton On The Naze (CO14 8) 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.