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Sawbridgeworth House Prices Sawbridgeworth House Prices

The average house price in Sawbridgeworth is £481,750 using HM Land Registry data.

The average property price increased by £176,590 (48.6%) over the last 5 years and increased by £35,293 (6.99%) over the last 12 months.

Over the last year, there were 111 residential property sales – a decrease of 109 transactions (-98.20%) relative to the previous year. The majority of house sales (24) were in the £230,000 - £326,000 range. Then came properties in the £326,000 - £422,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-35,916 (-4%).

In April 2024, there were 32 new estate agency instructions, 16 agreed home sales and 24 property price reductions.

Neighbouring Areas: Harlow

Postcodes Covered: CM21, CM22

5-Year Average Property Prices in Sawbridgeworth

48.6%

Property prices in Sawbridgeworth increased by 48.6% 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 Sawbridgeworth Over the Last Year

6.99%

Property prices in Sawbridgeworth increased by 6.99% 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 Sawbridgeworth - April 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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 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 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 Sawbridgeworth since 1995

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

Recent Property Sales in Sawbridgeworth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Barnard Road, Sawbridgeworth, Hertfordshire, CM21 9DY£375,000£370,000-£5,00020 Sep 202323 Feb 2024156 Days
31 The Meadows, Sawbridgeworth, Essex, CM21 9PZ£175,000£175,000£0019 Oct 202325 Jan 202498 Days
57 Elmwood, Sawbridgeworth, Hertfordshire, CM21 9NN£529,950£520,000-£9,95005 Sep 202316 Jan 2024133 Days
80 Cambridge Road, Sawbridgeworth, Hertfordshire, CM21 9BU£338,000£338,000£0030 Aug 202314 Dec 2023106 Days
103 West Road, Sawbridgeworth, Hertfordshire, CM21 0BW£419,950£405,000-£14,95003 Jul 202308 Nov 2023128 Days
8 Bullfields, Sawbridgeworth, Hertfordshire, CM21 9DB£289,950£289,950£0027 Jul 202331 Oct 202396 Days
6 Bullfields, Sawbridgeworth, Hertfordshire, CM21 9DB£260,000£247,500-£12,50017 Oct 202330 Oct 202313 Days
66 Sheering Mill Lane, Sawbridgeworth, Essex, CM21 9LP£475,000£475,000£0022 Mar 202330 Oct 2023222 Days
79 Ladywell Prospect, Sawbridgeworth, Essex, CM21 9PS£349,950£332,000-£17,95026 May 202325 Oct 2023152 Days
29 Nursery Fields, Sawbridgeworth, Hertfordshire, CM21 0DH£355,000£350,000-£5,00010 May 202323 Oct 2023166 Days
2 East Park, Sawbridgeworth, Hertfordshire, CM21 9EX£610,000£585,000-£25,00003 May 202323 Oct 2023173 Days
70 The Meadows, Sawbridgeworth, Essex, CM21 9RA£259,950£259,000-£95025 Jul 202309 Oct 202376 Days
10 Wheatley Close, Sawbridgeworth, Hertfordshire, CM21 0HS£625,000£615,000-£10,00026 Jul 202228 Sep 2023429 Days
3 Wisemans Gardens, Sawbridgeworth, Hertfordshire, CM21 0HL£579,950£579,950£0019 Jul 202322 Sep 202365 Days
7 Cedar Close, Sawbridgeworth, Hertfordshire, CM21 9NT£550,000£550,000£0026 May 202325 Aug 202391 Days
72 Cambridge Road, Sawbridgeworth, Hertfordshire, CM21 9BU£395,000£390,000-£5,00004 May 202325 Aug 2023113 Days
79 Sheering Lower Road, Sawbridgeworth, Essex, CM21 9LG£450,000£445,000-£5,00013 Feb 202316 Aug 2023184 Days
3 Farnham Close, Sawbridgeworth, Hertfordshire, CM21 0HB£580,000£567,500-£12,50019 Jan 202331 Jul 2023193 Days
18 Falconers Park, Sawbridgeworth, Hertfordshire, CM21 0AU£895,000£870,000-£25,00031 May 202325 Jul 202355 Days
27 Barnard Road, Sawbridgeworth, Hertfordshire, CM21 9DY£450,000£450,000£0007 Feb 202319 Jul 2023162 Days

Most Expensive Streets in Sawbridgeworth

PostcodeStreetAreaAverageNo. of Sales
CM21 9FJWallen ParkSawbridgeworth£1,303,3336
CM21 0HHHigh Wych RoadSawbridgeworth£1,113,2786
CM21 9BDThe ForeburySawbridgeworth£917,4984
CM21 0ATRowney GardensSawbridgeworth£914,4166
CM21 0BEBlenheim CloseSawbridgeworth£893,7504
CM21 0BBHeron CloseSawbridgeworth£844,0003
CM21 9NDSheering Mill LaneSawbridgeworth£797,2005
CM21 0ELBrook LaneSawbridgeworth£770,8333
CM21 0ANHampton GardensSawbridgeworth£765,0005
CM21 9NBVantorts RoadSawbridgeworth£748,4166

Least Expensive Streets in Sawbridgeworth

PostcodeStreetAreaAverageNo. of Sales
CM21 9QLThe GablesSawbridgeworth£175,25010
CM21 9PXPenthouseStation Road£181,6669
CM21 9BWKnights CourtKnight Street, Sawbridgeworth£184,4833
CM21 9PZThe MeadowsSawbridgeworth£190,60812
CM21 9JGBells WalkSawbridgeworth£202,5003
CM21 9AEPlymouth HouseThe Square£208,0005
CM21 9RFWaterside PlaceSheering Lower Road£209,02518
CM21 9ERCopper CourtSawbridgeworth£209,5717
CM21 9RDHazel GardensSawbridgeworth£226,2857
CM21 9RBPriors CourtThe Maltings£228,45812

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