House Prices in CM16 House Prices in CM16 (Epping)

The average house price in CM16 (Epping) is £439,285 using HM Land Registry data.

The average property price increased by £136,429 (13.66%) over the last 5 years and increased by £27,336 (2.25%) over the last 12 months.

Over the last year, there were 196 residential property sales – a decrease of 97 transactions (-49.49%) relative to the previous year. The majority of house sales (50) were in the £460,000 - £580,000 range. Then came properties in the £340,000 - £460,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 108 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,439 (-2%).

In Oct 24, there were 72 new estate agency instructions, 56 agreed home sales and 40 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.

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 CM16 (Epping) - 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
41 Green Close, Epping Green, Epping, Essex, CM16 6PS£499,995£490,000-£9,99513 Jun 202325 Jul 2024408 Days
10 Severns Field, Epping, Essex, CM16 5AP£600,000£565,000-£35,00012 Feb 202421 Jun 2024130 Days
58 York Road, North Weald, Epping, Essex, CM16 6HT£359,995£342,500-£17,49520 Jan 202419 Jun 2024151 Days
33 The Orchards, Epping, Essex, CM16 7AT£675,000£640,000-£35,00021 Nov 202318 Jun 2024210 Days
10 Elm Gardens, North Weald, Epping, Essex, CM16 6DR£590,000£570,000-£20,00016 Jan 202431 May 2024136 Days
104 Beaconfield Road, Epping, Essex, CM16 5AT£500,000£495,000-£5,00019 Sep 202324 May 2024248 Days
152 Woodland Grove, Epping, Essex, CM16 4NG£260,000£250,000-£10,00018 Mar 202430 Apr 202443 Days
6 Western Avenue, Epping, Essex, CM16 4JR£489,995£485,000-£4,99506 Nov 202326 Apr 2024172 Days
40 The Orchards, Epping, Essex, CM16 7AT£775,000£745,000-£30,00005 Apr 202426 Apr 202421 Days
1 Greenacres, Epping, Essex, CM16 6RS£650,000£625,000-£25,00005 Dec 202318 Apr 2024135 Days
85 Bell Common, Epping, Essex, CM16 4DZ£900,000£802,500-£97,50009 Oct 202303 Apr 2024177 Days
16 Elm Close, Epping Green, Epping, Essex, CM16 6PT£425,000£410,000-£15,00015 May 202302 Apr 2024323 Days
35 Fairfield Road, Epping, Essex, CM16 6SU£575,000£560,000-£15,00024 Nov 202328 Mar 2024125 Days
2 The Magpies, Epping Green, Epping, Essex, CM16 6QG£520,000£510,000-£10,00004 Dec 202327 Mar 2024114 Days
15 Rayfield, Epping, Essex, CM16 5AD£625,000£625,000£0027 Oct 202326 Mar 2024151 Days
12 Oak Piece, North Weald, Epping, Essex, CM16 6JJ£475,000£470,000-£5,00008 Aug 202325 Mar 2024230 Days
16 Rayfield, Epping, Essex, CM16 5AB£499,995£485,000-£14,99514 Dec 202321 Mar 202498 Days
12 George Avey Croft, North Weald, Epping, Essex, CM16 6JB£580,000£565,000-£15,00030 Oct 202320 Mar 2024142 Days
16 James Street, Epping, Essex, CM16 6RR£600,000£580,000-£20,00015 Sep 202314 Mar 2024181 Days
10 Garnon Mead, Coopersale, Epping, Essex, CM16 7RN£459,995£437,000-£22,99518 Oct 202308 Mar 2024142 Days

Most Expensive Streets in CM16 (Epping)

PostcodeStreetAreaAverageNo. of Sales
CM16 7JWPiercing Hill, Theydon BoisEpping£1,728,7508
CM16 7JNPiercing Hill, Theydon BoisEpping£1,469,1666
CM16 4PWKendal AvenueEpping£1,431,4316
CM16 7NUPriory Cottages, Theydon GarnonEpping£1,312,2504
CM16 4HNStation RoadEpping£1,291,0003
CM16 7LPTheydon Park Road, Theydon BoisEpping£1,290,4166
CM16 7LXHill Road, Theydon BoisEpping£1,204,2787
CM16 7DLCoppice Row, Theydon BoisEpping£1,201,9166
CM16 7QJCoopersale StreetEpping£1,164,2606
CM16 4DBHighfield PlaceEpping£1,105,7503

Least Expensive Streets in CM16 (Epping)

PostcodeStreetAreaAverageNo. of Sales
CM16 6FTWilhelm Mohr Court, Rayley LaneEpping£231,6663
CM16 6FPBlenheim Square, North WealdEpping£274,6669
CM16 6JYWellington Road, North WealdEpping£277,5006
CM16 4HLCedar CourtEpping£293,18111
CM16 6JXHampden Close, North WealdEpping£293,84613
CM16 4NGWoodland GroveEpping£295,1669
CM16 6JRCunningham Rise, North WealdEpping£300,0006
CM16 6SJFir TreesEpping£302,0836
CM16 6JUWellington Road, North WealdEpping£302,4596
CM16 7BHConiston Court, Bower HillEpping£302,6663

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