Feb 07, 2023 by HM

House prices in East Bergholt (CO7 6)

This article reveals price per square metre data and various charts to help you understand current housing market in East Bergholt (CO7 6).


Price per square metre

Knowing the average house price in East Bergholt 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. Eaton House, East Lane, East Bergholt, Brightlingsea, sold for £550,000 on Aug-2023. Given the internal area of 122 square metres, the price per sqm is £4,508.

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 99 sales in East Bergholt (CO7 6) that took place in the last two years.

Distribution of £ per sqm for East Bergholt (CO7 6)
Distribution of £ per sqm house prices in East Bergholt

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 East Bergholt (CO7 6). Of the 99 transactions, half were sold for between £3,690 and £4,960 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,960m2. 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 'CO7 6' is £4,310. The table below shows how 'CO7 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CO7 7 Elmstead £3,220m2 £3,830m2 £4,320m2
CO7 6 East Bergholt £3,690m2 £4,310m2 £4,960m2
CO7 9 Wivenhoe £3,780m2 £4,230m2 £4,700m2
CO7 8 Alresford £3,220m2 £3,670m2 £4,300m2
CO7 0 Brightlingsea £2,820m2 £3,240m2 £3,830m2

Will East Bergholt 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 CO7 6 (East Bergholt). 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 CO7 6 and the blue dots are the individual property sales that inform this trend.

Price per square metre in East Bergholt (CO7 6) over time
House price trends for East Bergholt

Hover on any blue dot to see details of specific sales

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

Price map for East Bergholt

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 East Bergholt. 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 East Bergholt
House price heatmap for East Bergholt

Street level data

Street Avg size Avg £/m2 Recent sales
Crown Street, East Bergholt, CO7 6A 112m2 £4,180 12
Dedham Meade, East Bergholt, CO7 6E 106m2 £4,274 12
Broom Knoll, East Bergholt, CO7 6X 76m2 £3,456 11
White Horse Road, East Bergholt, CO7 6T 152m2 £4,471 10
Heath Road, East Bergholt, CO7 6R 138m2 £3,403 9
Hadleigh Road, East Bergholt, CO7 6N 118m2 £3,523 8
Notcutts, East Bergholt, CO7 6T 118m2 £3,070 8
Mill Lane, East Bergholt, CO7 6D 81m2 £3,941 7

Search for your street here.

Raw data

Our analysis of East Bergholt 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
Eaton House, East Lane, East Bergholt, Brightlingsea £550,000
Aug-2023
122 4,508
Eastgate House, 1, Saunders Field, East Bergholt, Brightlingsea £880,000
Aug-2023
190 4,631
Farthings, High St, East Bergholt, Brightlingsea £825,000
Jul-2023
130 6,346

See the entire list of all sales in East Bergholt (CO7 6) here.

About

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.