Property trends for CM21

    CM21 covers parts of Essex including areas around Harlow and surrounding commuter neighbourhoods in the south-east. It is a residential district with a settled, family-oriented character, popular with those seeking suburban living within reach of London.

    At a Glance

    Average Property Price - CM21

    £445,314

    75

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - CM

    £1,421

    74

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - CM21

    £46,856

    81

    National percentile

    2023 census data

    Flat / Maisonette Yield - CM

    5.9%

    47

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - CM21

    2.1%

    21

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - CM

    4.0%

    54

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — CM21

    Top 5 streets in CM21 ranked by 3-year average sale price.

    #Street3Y Avg
    1Pishiobury Drive£1,476,000
    2The Drive£1,292,500
    3Walnut Tree Crescent£1,185,000
    4Brookfields£1,150,000
    5Vantorts Road£1,131,667

    Latest Rent — CM21

    Property Price & Volume Trends

    The latest average property price in CM21 is £481,000, placing it among the most expensive nationally at the 78th percentile. Over the past decade, prices have grown at 3.6% per year on average—broadly in line with the national pace. Transaction activity has softened: 173 sales were recorded in the latest full year, down from a 10-year average of 209 per year, indicating a quieter market.

    Rent & Yield Trends

    Average monthly rent in the broader CM area stands at £1,413, above the national average and in the upper quartile nationally. Rental growth over the past decade has outpaced the national trend at 4.2% per year. The flat yield has strengthened to 5.6% in the latest year, up from a 10-year average of 4.6%, reflecting improved returns for landlords.

    Income & Affordability Trends

    Average net household income is £46,856, placing the area among the more affluent nationally at the 81st percentile. Purchase affordability has deteriorated: the price-to-income ratio has risen from 8.2x in 2016 to 10.8x today, reflecting prices growing faster than incomes. Rental affordability has similarly worsened, with rent consuming 31.5% of income compared to 27.6% six years ago.

    Resident Demographic Profile

    The population is notably older than the national average, with over a fifth aged 65 and above, and those aged 50–64 also well represented. Conversely, the 16–24 age group is underrepresented. Housing tenure is strongly skewed towards ownership: nearly four in ten homes are owned outright and a further 35% are owned with a mortgage, well above national norms, while private and social rental account for smaller shares. The employment mix shows an above-average concentration of managers and administrative workers, alongside a lower proportion in elementary occupations.

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