# House prices in CO6 4 (Great Horkesley)

This article reveals price per square metre data and various charts to help you understand current housing market in Great Horkesley, Coggeshall (CO6 4).

## Defining 'CO6 4'

This analysis is limited to properties whose postcode starts with "CO6 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 Great Horkesley.

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 Great Horkesley 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. 35, Bear Street, Great Horkesley, Coggeshall, sold for £355,000 on Mar-2024. Given the internal area of 81 square metres, the price per sqm is £4,382.

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. £4,800-£5,000, £5,000-£5,200, £5,200-£5,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 116 sales in Great Horkesley (CO6 4) that took place in the last two years.

##### Distribution of £ per sqm for Great Horkesley, Coggeshall
Distribution of £ per sqm house prices in Great Horkesley

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 Great Horkesley (CO6 4). Of the 116 transactions, half were sold for between £3,550 and £4,580 per square metre. The median, or 'middle', price per square metre in 'CO6 4' is £4,050. Notably, only 25% of properties that sold recently were valued at more than £4,580 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 Great Horkesley, Coggeshall

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 Coggeshall. 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 Great Horkesley, Coggeshall

## Comparison with neighbouring postcode sectors

The table below shows how 'CO6 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CO6 1 Coggeshall £3,470 sqm £3,910 sqm £4,550 sqm
CO6 3 West Bergholt £3,630 sqm £4,050 sqm £4,560 sqm
CO6 4 Great Horkesley £3,550 sqm £4,050 sqm £4,580 sqm
CO6 2 Earls Colne £3,410 sqm £3,890 sqm £4,630 sqm
CO6 5 Polstead £3,630 sqm £4,510 sqm £5,210 sqm

## Will Coggeshall 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 CO6 4 (Great Horkesley) compared with both the wider area CO6 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 Great Horkesley,Coggeshall
House price trends for Great Horkesley

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 CO6 4 sales
Recent trends for Great Horkesley

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 Coggeshall 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 Coggeshall 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
Keelers Way, Great Horkesley, CO6 4E 90 sqm £3,780 20
Mayfield, Great Horkesley, CO6 4U 92 sqm £4,669 13
Braeburn Road, Great Horkesley, CO6 4F 133 sqm £3,070 13
Wrights Way, Great Horkesley, CO6 4N 63 sqm £3,845 11
Bear Street, Great Horkesley, CO6 4H 139 sqm £3,912 10
The Crescent, Great Horkesley, CO6 4E 96 sqm £3,317 10
Pattinson Walk, Great Horkesley, CO6 4E 138 sqm £3,388 9
Exeter Close, Great Horkesley, CO6 4H 97 sqm £3,086 8

## Raw data

Our analysis of Great Horkesley 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.

35, Bear St, Great Horkesley, Coggeshall £355,000
Mar-2024
81 4,382
Belynna Cottage, Nayland Rd, Great Horkesley, Coggeshall £535,000
Feb-2024
80 6,687
12, Brick Kiln Lane, Great Horkesley, Coggeshall £277,000
Feb-2024
58 4,775