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House Prices in CM15 House Prices in CM15 (Brentwood)

The average house price in CM15 (Brentwood) is £626,300 using HM Land Registry data.

The average property price increased by £20,162 (30.48%) over the last 5 years and increased by £4,040 (4.46%) over the last 12 months.

Over the last year, there were 204 residential property sales – a decrease of 173 transactions (-84.80%) relative to the previous year. The majority of house sales (46) were in the £408,000 - £546,000 range. Then came properties in the £546,000 - £684,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,975 (-2%).

In Oct 24, there were 58 new estate agency instructions, 60 agreed home sales and 61 property price reductions.

Nearby Postcodes: CM1, CM11, CM12, CM13, CM14, CM16, CM17, CM2, CM4, CM5, CM6, RM14, RM3, RM4, SS15, SS16

5-Year Average Property Prices in CM15 (Brentwood)

30.48%

Property prices in Brentwood increased by 30.48% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CM15 (Brentwood) Over the Last Year

4.46%

Property prices in Brentwood increased by 4.46% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CM15 (Brentwood) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CM15 (Brentwood)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CM15 (Brentwood)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CM15 (Brentwood)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CM15 (Brentwood) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM15 postcode area since 1995.

Recent Sales in CM15 (Brentwood)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 53, Homehurst House, Sawyers Hall Lane, Brentwood, Essex, CM15 9BU£100,000£97,000-£3,00024 Nov 202329 Jul 2024248 Days
Willow End, Church Lane, Doddinghurst, Brentwood, Essex, CM15 0JB£725,000£680,000-£45,00024 Jan 202401 Jul 2024159 Days
Flat 17, Argyll Court, Sawyers Hall Lane, Brentwood, Essex, CM15 9BQ£270,000£260,000-£10,00024 May 202307 Jun 2024380 Days
28 Nursery Road, Hook End, Brentwood, Essex, CM15 0HE£575,000£560,000-£15,00001 Feb 202424 May 2024113 Days
Overdales, Brook Lane, Doddinghurst, Brentwood, Essex, CM15 0RT£875,000£865,000-£10,00003 Nov 202324 May 2024203 Days
365 Ongar Road, Pilgrims Hatch, Brentwood, Essex, CM15 9HU£585,000£550,000-£35,00029 Jan 202422 May 2024114 Days
40 Middleton Road, Shenfield, Brentwood, Essex, CM15 8DJ£2,000,000£1,900,000-£100,00019 Mar 202422 May 202464 Days
Flat 50, Homehurst House, Sawyers Hall Lane, Brentwood, Essex, CM15 9BU£115,000£95,000-£20,00004 Aug 202330 Apr 2024270 Days
40a, The Gardens, Doddinghurst, Brentwood, Essex, CM15 0LU£475,000£475,000£0030 Jan 202430 Apr 202491 Days
48 Elizabeth Road, Pilgrims Hatch, Brentwood, Essex, CM15 9NU£375,000£375,000£0016 Jan 202419 Apr 202494 Days
63 Broomwood Gardens, Pilgrims Hatch, Brentwood, Essex, CM15 9LH£475,000£475,000£0003 Jun 202319 Apr 2024321 Days
42 Clarence Road, Pilgrims Hatch, Brentwood, Essex, CM15 9PB£325,000£325,000£0021 Sep 202317 Apr 2024209 Days
Fawsley, Ongar Road, Stondon Massey, Brentwood, Essex, CM15 0EQ£400,000£380,000-£20,00027 Dec 202316 Apr 2024111 Days
18 Church Road, Mountnessing, Brentwood, Essex, CM15 0TH£500,000£485,000-£15,00009 Oct 202316 Apr 2024190 Days
308 Ongar Road, Brentwood, Essex, CM15 9HR£900,000£875,000-£25,00001 Nov 202311 Apr 2024162 Days
16 Park Meadow, Doddinghurst, Brentwood, Essex, CM15 0TT£350,000£345,000-£5,00031 Jul 202305 Apr 2024249 Days
23 Broomwood Gardens, Pilgrims Hatch, Brentwood, Essex, CM15 9LH£375,000£365,000-£10,00024 Nov 202303 Apr 2024131 Days
11 Balmoral Road, Pilgrims Hatch, Brentwood, Essex, CM15 9PW£525,000£515,000-£10,00018 Sep 202301 Mar 2024165 Days
The Leys, Brook Lane, Doddinghurst, Brentwood, Essex, CM15 0RT£950,000£875,000-£75,00016 Feb 202326 Feb 2024375 Days
7 Nursery Road, Hook End, Brentwood, Essex, CM15 0HE£600,000£590,000-£10,00010 Aug 202323 Feb 2024197 Days

Most Expensive Streets in CM15 (Brentwood)

PostcodeStreetAreaAverageNo. of Sales
CM15 8DNCrescent Drive, ShenfieldBrentwood£1,716,6663
CM15 8BUPriests LaneBrentwood£1,661,6663
CM15 8HQPriests Lane, ShenfieldBrentwood£1,578,8005
CM15 8DLMiddleton Road, ShenfieldBrentwood£1,528,7504
CM15 8DEWorrin Road, ShenfieldBrentwood£1,510,0005
CM15 8HNPriests Lane, ShenfieldBrentwood£1,462,5005
CM15 8JLWorrin Road, ShenfieldBrentwood£1,460,2505
CM15 8BTBaymans Wood, ShenfieldBrentwood£1,450,8333
CM15 8LHPark Way, ShenfieldBrentwood£1,448,3333
CM15 8DSCrescent Drive, ShenfieldBrentwood£1,444,0005

Least Expensive Streets in CM15 (Brentwood)

PostcodeStreetAreaAverageNo. of Sales
CM15 9FEMerrymeade House, Merrymeade ChaseBrentwood£98,7503
CM15 9BUHomehurst House, Sawyers Hall LaneBrentwood£122,20015
CM15 8RHSawyers Court, Chelmsford RoadBrentwood£165,2508
CM15 9BERavenscourtBrentwood£221,50011
CM15 8JDHutton Road, ShenfieldBrentwood£222,5003
CM15 9PLElizabeth House, Albany RoadBrentwood£238,3333
CM15 9BPHolly House, Sawyers Hall LaneBrentwood£239,6663
CM15 0NGChurch Lane, DoddinghurstBrentwood£246,6663
CM15 9BQArgyll Court, Sawyers Hall LaneBrentwood£254,0005
CM15 9PHSandringham Road, Pilgrims HatchBrentwood£267,2504

Explore CM15 (Brentwood) using map

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