House Prices in CM21 House Prices in CM21 (Sawbridgeworth)

The average house price in CM21 (Sawbridgeworth) is £493,050 using HM Land Registry data.

The average property price increased by £172,799 (9.85%) over the last 5 years and increased by £34,623 (1.67%) over the last 12 months.

Over the last year, there were 129 residential property sales – a decrease of 53 transactions (-41.09%) relative to the previous year. The majority of house sales (31) were in the £220,000 - £342,000 range. Then came properties in the £342,000 - £464,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 104 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,161 (-3%).

In Dec 24, there were 20 new estate agency instructions, 12 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in CM21 (Sawbridgeworth)

9.85%

Property prices in Sawbridgeworth increased by 9.85% 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 CM21 (Sawbridgeworth) Over the Last Year

1.67%

Property prices in Sawbridgeworth increased by 1.67% 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 CM21 (Sawbridgeworth) - Dec 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 CM21 (Sawbridgeworth)

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 CM21 (Sawbridgeworth)

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 CM21 (Sawbridgeworth)

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 CM21 (Sawbridgeworth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM21 postcode area since 1995.

Recent Sales in CM21 (Sawbridgeworth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Wheatley Close, Sawbridgeworth, Hertfordshire, CM21 0HS£650,000£630,000-£20,00012 Feb 202408 Nov 2024270 Days
1 Willowmead, Sawbridgeworth, Hertfordshire, CM21 9HJ£500,000£499,000-£1,00019 Apr 202431 Oct 2024195 Days
Elms, Slough Road, Allens Green, Sawbridgeworth, Hertfordshire, CM21 0LR£1,600,000£1,448,001-£151,99914 May 202431 Oct 2024170 Days
35 Leat Close, Sawbridgeworth, Hertfordshire, CM21 9LZ£275,000£262,500-£12,50017 Sep 202418 Oct 202431 Days
70 High Wych Road, Sawbridgeworth, Hertfordshire, CM21 0HG£1,375,000£1,350,000-£25,00029 Nov 202304 Oct 2024310 Days
2 Linwood, Sawbridgeworth, Hertfordshire, CM21 9NU£645,000£620,000-£25,00017 Jun 202430 Sep 2024105 Days
82 Station Road, Sawbridgeworth, Hertfordshire, CM21 9JY£315,000£312,000-£3,00009 May 202420 Sep 2024134 Days
1 Church Crescent, Sawbridgeworth, Hertfordshire, CM21 9BH£400,000£385,000-£15,00010 Jun 202417 Sep 202499 Days
28 Nursery Fields, Sawbridgeworth, Hertfordshire, CM21 0DH£335,000£335,000£0009 May 202404 Sep 2024118 Days
1 Leat Close, Sawbridgeworth, Hertfordshire, CM21 9LZ£260,000£250,000-£10,00022 Jan 202403 Sep 2024225 Days
10 Blacksmith Way, High Wych, Sawbridgeworth, Hertfordshire, CM21 0NA£330,000£318,000-£12,00022 Apr 202405 Aug 2024105 Days
44 Sayesbury Road, Sawbridgeworth, Hertfordshire, CM21 0EB£950,000£940,000-£10,00006 Feb 202431 Jul 2024176 Days
4 Church Crescent, Sawbridgeworth, Hertfordshire, CM21 9BH£650,000£650,000£0016 Apr 202416 Jul 202491 Days
11 Blacksmith Way, High Wych, Sawbridgeworth, Hertfordshire, CM21 0NA£339,995£332,000-£7,99522 Mar 202405 Jul 2024105 Days
161a, Sheering Lower Road, Sawbridgeworth, Essex, CM21 9LQ£259,000£250,000-£9,00018 Mar 202404 Jul 2024108 Days
7 South Brook, Sawbridgeworth, Hertfordshire, CM21 9NS£600,000£590,000-£10,00002 Oct 202328 Jun 2024270 Days
11 Sappers Close, Sawbridgeworth, Hertfordshire, CM21 9BN£469,950£450,000-£19,95022 Sep 202227 Jun 2024644 Days
11 Beech Drive, Sawbridgeworth, Hertfordshire, CM21 0AA£685,000£675,000-£10,00013 Mar 202407 Jun 202486 Days
21 Ladywell Prospect, Sawbridgeworth, Essex, CM21 9PR£385,000£377,500-£7,50030 Nov 202323 May 2024175 Days
6 Redricks Lane, Sawbridgeworth, Hertfordshire, CM21 0RL£475,000£430,000-£45,00006 Feb 202410 May 202494 Days

Most Expensive Streets in CM21 (Sawbridgeworth)

PostcodeStreetAreaAverageNo. of Sales
CM21 9FJWallen ParkSawbridgeworth£1,345,0005
CM21 0HHHigh Wych RoadSawbridgeworth£1,118,0005
CM21 9BDThe ForeburySawbridgeworth£917,4984
CM21 0ATRowney GardensSawbridgeworth£908,1666
CM21 0BEBlenheim CloseSawbridgeworth£893,7504
CM21 0BBHeron CloseSawbridgeworth£844,0003
CM21 9NBVantorts RoadSawbridgeworth£805,1005
CM21 9ATKnight StreetSawbridgeworth£791,6005
CM21 0ELBrook LaneSawbridgeworth£770,8333
CM21 0ANHampton GardensSawbridgeworth£765,0005

Least Expensive Streets in CM21 (Sawbridgeworth)

PostcodeStreetAreaAverageNo. of Sales
CM21 9QLThe GablesSawbridgeworth£170,59011
CM21 9BWKnights Court, Knight Street, SawbridgeworthSawbridgeworth£184,4833
CM21 9PXPenthouse, Station RoadSawbridgeworth£187,60010
CM21 9PZThe MeadowsSawbridgeworth£190,60812
CM21 9RFWaterside Place, Sheering Lower RoadSawbridgeworth£217,96717
CM21 9ERCopper CourtSawbridgeworth£220,5008
CM21 0ABOrchard LeaSawbridgeworth£226,36311
CM21 9RAThe MeadowsSawbridgeworth£229,8336
CM21 9RBPriors Court, The MaltingsSawbridgeworth£231,50011
CM21 9RDHazel GardensSawbridgeworth£234,5006

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