Feb 07, 2023 by HM

House prices in Newhall (DE11 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Newhall (DE11 0).

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Price per square metre

Knowing the average house price in Newhall 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. 74, Main Street, Newhall, Woodville, sold for £180,000 on Oct-2023. Given the internal area of 64 square metres, the price per sqm is £2,812.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 312 sales in Newhall (DE11 0) 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 Newhall (DE11 0). Of the 312 transactions, half were sold for between £2,040 and £2,880 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,880m². 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 'DE11 0' is £2,500. The table below shows how 'DE11 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
DE11 9 Church Gresley	£1,960m2	£2,380m2	£2,790m2
DE11 7 Woodville	£1,970m2	£2,380m2	£2,850m2
DE11 8 Woodville	£2,000m2	£2,500m2	£2,950m2
DE11 0 Newhall	£2,040m2	£2,500m2	£2,880m2

Will Newhall 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 DE11 0 (Newhall). 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 DE11 0 and the blue dots are the individual property sales that inform this trend.

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

Price map for Newhall

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 Newhall. 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 Newhall

Street level data

Street	Avg size	Avg £/m2	Recent sales
Oversetts Road, Newhall, DE11 0S	79m2	£1,712	33
Darklands Road, Newhall, DE11 0P	83m2	£2,138	26
Burton Road, Newhall, DE11 0D	114m2	£2,444	25
High Street, Newhall, DE11 0H	94m2	£1,781	18
Parliament Street, Newhall, DE11 0S	81m2	£1,710	16
Orchard Street, Newhall, DE11 0J	94m2	£1,778	12
Newhall Road, Newhall, DE11 0B	98m2	£2,457	12
Potters Croft, Newhall, DE11 0W	90m2	£2,407	12

Search for your street here.

Raw data

Our analysis of Newhall 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
74, Main St, Newhall, Woodville	£180,000 Oct-2023	64	2,812
30, Rose Tree Lane, Newhall, Woodville	£170,000 Sep-2023	89	1,910
101, Meadow Lane, Newhall, Woodville	£162,500 Sep-2023	43	3,779

See the entire list of all sales in Newhall (DE11 0) here.