House prices in WD3 5 (Chorleywood)

This article reveals price per square metre data and various charts to help you understand current housing market in 'WD3 5' (Chorleywood, Croxley Green) - statistics were last calculated on 30 August 2024.

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Defining 'WD3 5'

This analysis is limited to properties whose postcode starts with "WD3 5", 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 Chorleywood.

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 Chorleywood 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. 12, Wyatts Road, Chorleywood, Croxley Green, sold for £700,000 on Jul-2024. Given the internal area of 78 square metres, the price per sqm is £8,974.

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 153 sales in Chorleywood (WD3 5) 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 Chorleywood (WD3 5). Of the 153 transactions, half were sold for between £5,960 and £7,810 per square metre. The median, or 'middle', price per square metre in 'WD3 5' is £6,740. Notably, only 25% of properties that sold recently were valued at more than £7,810 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 Chorleywood, Croxley Green

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 Croxley Green. 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 Chorleywood, Croxley Green

Comparison with neighbouring postcode sectors

The table below shows how 'WD3 5' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
WD3 3 Croxley Green	£5,720 sqm	£6,360 sqm	£6,970 sqm
WD3 5 Chorleywood	£5,960 sqm	£6,740 sqm	£7,810 sqm
WD3 8 Rickmansworth	£5,480 sqm	£6,000 sqm	£6,610 sqm
WD3 7 Rickmansworth	£5,650 sqm	£6,420 sqm	£7,480 sqm
WD3 4 Loudwater	£5,330 sqm	£6,270 sqm	£7,110 sqm
WD3 6 Sarratt	£6,420 sqm	£6,900 sqm	£8,950 sqm
WD3 1 Moor Park	£5,200 sqm	£5,860 sqm	£6,820 sqm
WD3 9 Maple Cross	£4,630 sqm	£5,510 sqm	£6,220 sqm

Will Croxley Green 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 WD3 5 (Chorleywood) compared with both the wider area WD3 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 Croxley Green 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 Croxley Green 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
Whitelands Avenue, Chorleywood, WD3 5R	133 sqm	£7,303	27
Shire Lane, Chorleywood, WD3 5N	165 sqm	£7,693	17
Blacketts Wood Drive, Chorleywood, WD3 5P	111 sqm	£6,538	15
Lower Road, Chorleywood, WD3 5L	87 sqm	£6,480	15
Quickley Lane, Chorleywood, WD3 5P	104 sqm	£6,713	14
Solesbridge Lane, Chorleywood, WD3 5S	109 sqm	£6,373	14
Quickley Lane, Chorleywood, WD3 5A	138 sqm	£7,817	13
Green Street, Chorleywood, WD3 5Q	87 sqm	£6,145	12

Search for your street here.

Raw data

Our analysis of Chorleywood 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
12, Wyatts Rd, Chorleywood, Croxley Green	£700,000 Jul-2024	78	8,974
14, Whitelands Avenue, Chorleywood, Croxley Green	£1,150,000 Jul-2024	147	7,823
26, Quickley Lane, Chorleywood, Croxley Green	£895,000 Jul-2024	123	7,276

See the entire list of all sales in Chorleywood (WD3 5) here.