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House Prices in CM16

The average house price in CM16 (Epping) is £590,833 using HM Land Registry data.

The average property price increased by £145,962 (13.66%) over the last 5 years and increased by £29,180 (2.25%) over the last 12 months.

Over the last year, there were 201 residential property sales – a decrease of 159 transactions (-79.10%) relative to the previous year. The majority of house sales (43) were in the £340,000 - £468,000 range. Then came properties in the £468,000 - £596,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,439 (-2%).

In June 2024, there were 76 new estate agency instructions, 54 agreed home sales and 35 property price reductions.

5-Year Average Property Prices in CM16 (Epping)

13.66%

Property prices in Epping increased by 13.66% 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 CM16 (Epping) Over the Last Year

2.25%

Property prices in Epping increased by 2.25% 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.

Property Market Heat Gauge for CM16 (Epping) - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 CM16 (Epping)

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 CM16 (Epping)

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 CM16 (Epping)

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 CM16 (Epping) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM16 postcode area since 1995.

Recent Sales in CM16 (Epping)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Greenacres, Epping, Essex, CM16 6RS	£650,000	£625,000	-£25,000	05 Dec 2023	18 Apr 2024	135 Days
35 Fairfield Road, Epping, Essex, CM16 6SU	£575,000	£560,000	-£15,000	24 Nov 2023	28 Mar 2024	125 Days
15 Rayfield, Epping, Essex, CM16 5AD	£625,000	£625,000	£00	27 Oct 2023	26 Mar 2024	151 Days
12 George Avey Croft, North Weald, Epping, Essex, CM16 6JB	£580,000	£565,000	-£15,000	30 Oct 2023	20 Mar 2024	142 Days
10 Cunningham Rise, North Weald, Epping, Essex, CM16 6JR	£250,000	£250,000	£00	24 Jun 2023	15 Feb 2024	236 Days
16 Dukes Avenue, Theydon Bois, Epping, Essex, CM16 7HE	£950,000	£935,000	-£15,000	28 Sep 2023	02 Feb 2024	127 Days
12 Coopersale Common, Coopersale, Epping, Essex, CM16 7QS	£800,000	£685,000	-£115,000	20 Oct 2023	30 Jan 2024	102 Days
105 Parklands, Coopersale, Epping, Essex, CM16 7RQ	£385,000	£285,000	-£100,000	27 Oct 2023	30 Jan 2024	95 Days
54 Queens Road, North Weald, Epping, Essex, CM16 6JF	£390,000	£381,000	-£9,000	18 Aug 2023	19 Jan 2024	154 Days
32 Ivy Chimneys, Epping, Essex, CM16 4EL	£575,000	£550,000	-£25,000	18 Sep 2023	16 Jan 2024	120 Days
Marshalls Barn, Woodside, Thornwood, Epping, Essex, CM16 6LF	£2,000,000	£2,000,000	£00	03 May 2023	20 Dec 2023	231 Days
28 Bury Road, Epping, Essex, CM16 5EU	£1,450,000	£1,425,000	-£25,000	26 Jul 2023	20 Dec 2023	147 Days
11 Bassett Gardens, North Weald, Epping, Essex, CM16 6DB	£525,000	£525,000	£00	15 May 2023	15 Dec 2023	214 Days
111 Beaconfield Road, Epping, Essex, CM16 5AT	£700,000	£700,000	£00	22 Jul 2023	13 Dec 2023	144 Days
14 Centre Avenue, Epping, Essex, CM16 4JU	£575,000	£575,000	£00	17 Jun 2023	11 Dec 2023	177 Days
Briarley, Silver Birch Avenue, North Weald, Epping, Essex, CM16 6LB	£900,000	£860,000	-£40,000	20 Jun 2023	01 Dec 2023	164 Days
25 Fairfield Road, Epping, Essex, CM16 6SU	£589,995	£583,000	-£6,995	05 Sep 2023	01 Dec 2023	87 Days
107 St Johns Road, Epping, Essex, CM16 5DW	£360,000	£348,000	-£12,000	25 May 2023	30 Nov 2023	189 Days
5 Avenue Road, Theydon Bois, Epping, Essex, CM16 7JJ	£1,100,000	£1,065,000	-£35,000	19 Jul 2023	24 Nov 2023	128 Days
60 Forest Drive, Theydon Bois, Epping, Essex, CM16 7EZ	£800,000	£780,000	-£20,000	18 May 2023	23 Nov 2023	189 Days

Most Expensive Streets in CM16 (Epping)

Postcode	Street	Area	Average	No. of Sales
CM16 7JW	Piercing Hill, Theydon Bois	Epping	£1,540,000	7
CM16 7JN	Piercing Hill, Theydon Bois	Epping	£1,469,166	6
CM16 4PW	Kendal Avenue	Epping	£1,342,718	5
CM16 7NU	Priory Cottages, Theydon Garnon	Epping	£1,312,250	4
CM16 4HN	Station Road	Epping	£1,291,000	3
CM16 7LP	Theydon Park Road, Theydon Bois	Epping	£1,238,214	7
CM16 7LX	Hill Road, Theydon Bois	Epping	£1,204,278	7
CM16 7QJ	Coopersale Street	Epping	£1,164,260	6
CM16 7DL	Coppice Row, Theydon Bois	Epping	£1,138,071	7
CM16 4DB	Highfield Place	Epping	£1,105,750	3

Least Expensive Streets in CM16 (Epping)

Postcode	Street	Area	Average	No. of Sales
CM16 6FT	Wilhelm Mohr Court, Rayley Lane	Epping	£231,666	3
CM16 6FP	Blenheim Square, North Weald	Epping	£274,200	10
CM16 6JY	Wellington Road, North Weald	Epping	£277,500	6
CM16 6JR	Cunningham Rise, North Weald	Epping	£277,857	7
CM16 4HL	Cedar Court	Epping	£293,333	12
CM16 6JX	Hampden Close, North Weald	Epping	£295,200	15
CM16 4NF	Woodland Grove	Epping	£295,833	9
CM16 6LL	Woodfield Terrace, Thornwood	Epping	£298,666	3
CM16 4NG	Woodland Grove	Epping	£300,812	8
CM16 6SJ	Fir Trees	Epping	£302,083	6