House prices in IG10 1 (Loughton)

This article reveals price per square metre data and various charts to help you understand current housing market in 'IG10 1' (Loughton) - statistics were last calculated on 30 August 2024.

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Defining 'IG10 1'

This analysis is limited to properties whose postcode starts with "IG10 1", 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 Loughton.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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

Price per square metre

Knowing the average house price in Loughton 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. 66, Sedley Rise, Loughton, sold for £950,000 on Jun-2024. Given the internal area of 164 square metres, the price per sqm is £5,792.

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. £7,150-£7,500, £7,500-£7,850, £7,850-£8,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 121 sales in Loughton (IG10 1) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

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 Loughton (IG10 1). Of the 121 transactions, half were sold for between £5,610 and £7,300 per square metre. The median, or 'middle', price per square metre in 'IG10 1' is £6,450. Notably, only 25% of properties that sold recently were valued at more than £7,300 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 Loughton

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 Loughton. 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 Loughton

Comparison with neighbouring postcode sectors

The table below shows how 'IG10 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
IG10 1 Loughton	£5,610 sqm	£6,450 sqm	£7,300 sqm
IG10 3 Loughton	£5,200 sqm	£5,930 sqm	£6,540 sqm
IG10 2 Loughton	£5,080 sqm	£5,710 sqm	£6,470 sqm
IG10 4 Loughton	£5,690 sqm	£6,390 sqm	£7,380 sqm

Will Loughton 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 IG10 1 (Loughton) compared with both the wider area IG10 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

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.

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 Loughton 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 Loughton 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
Forest Road, Loughton, IG10 1E	83 sqm	£7,089	29
Queens Road, Loughton, IG10 1R	104 sqm	£6,938	15
Baldwins Hill, Loughton, IG10 1S	154 sqm	£6,470	14
Maple Gate, Loughton, IG10 1P	44 sqm	£5,851	12
The Greens Close, Loughton, IG10 1Q	114 sqm	£6,114	11
Whitehills Road, Loughton, IG10 1T	101 sqm	£5,902	10
Church Hill, Loughton, IG10 1L	74 sqm	£5,599	10
Newmans Lane, Loughton, IG10 1E	63 sqm	£6,419	9

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
High Road, Loughton, IG10 1F	60 sqm	£7,482	23

High Road, Loughton, IG10 1F has seen 23 new build sales in the last 4 years (average price £457,000). These new build homes typically have an internal area of 60 sqm, with an average price of £7,482 sqm. This £sqm average is £0 above the average for IG10 1. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Loughton 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
66, Sedley Rise, Loughton	£950,000 Jun-2024	164	5,792
3, Chapel Terrace, Loughton	£600,000 Jun-2024	71	8,450
13 Monroe House, 12 - 16, Church Hill, Loughton	£390,000 Jun-2024	71	5,492

See the entire list of all sales in Loughton (IG10 1) here.