A look at Harlow terraced properties
Harlow has 39,710 properties within its CM17, CM18, CM19 & CM20 boundaries. Terraced properties make up 44% of its housing stock with 17,472 properties.
CM17 has 3,471 terraced properties. This makes up33.2% of the CM17 housing stock.
CM18 has 5,805 terraced properties. This makes up 55.7% of the CM18 housing stock.
CM19 has 3,623 terraced properties. This makes up 44.1% of the CM19 housing stock.
CM20 has 4,554 terraced properties. This makes up 42.9% of the CM20 housing stock.
Harlow terraced property, a brief history
Terraced housing in Harlow, a New Town developed post-World War II, represents a unique chapter in British urban planning. His planning model aimed to provide quality housing, green spaces, and amenities, setting a precedent for suburban developments.
In Harlow, terraced houses were a core part of Gibberd’s design ethos, combining traditional British housing styles with modernist principles.
The town’s terraces included variations on classic two-storey rows and introduced features like large windows, flat roofs, and innovative layouts suited to post-war family needs. The architectural style mixed modernist simplicity with British vernacular forms, leading to a distinctive aesthetic that influenced future UK housing projects.
Terraced property selling prices since 1999
Firstly, we look at terraced property prices over the last 25 years. Secondly, It is important with all the data that is about to follow to understand the following. Data by Dataloft (https://inform.dataloft.co.uk/) and The Land Registry (https://landregistry.uk/). This means that the data has a ‘lag’ because a property sold today (Nov 2024) will not appear with Land Registry for at least another 6/9 months. However, this is the ONLY true data.
terraced properties selling performances over the last 2 years.
Prices of Harlow terraced properties have seen 18 months of steady decline.
As prices have fallen, so has volume of sales. The graphic below shows: Firstly, volume of terraced properties sold in the last year & secondly, over the last two years.
What have the actual figures been since Sept 2022?
A look at Harlow terraced properties
Average selling prices. Plus amount of properties sold.
Last 4 months of 2022
Firstly, Sept 2022 £323,602. 59 sold.
Oct 2022 £325,969. 58 sold.
Nov 2022 £329 628. 54 sold.
Finally, Dec 2022 330,946. 59 sold.
2023
Firstly, Jan 2023 £331,276. 40 sold.
Secondly, Feb 2023 £332,922. 38 sold.
Mar 2023 £333,008. 46 sold.
Apr 2023 £332,252. 42 sold.
May 2023 the average price was £332,488. 39 properties sold.
Jun 2023 the average price was £332,091. 49 terraced properties sold.
Then in Jul 2023 the average price was £329,817. 44 terraced properties sold.
Next is Aug 2023 the average price was £328,297. 43 terraced properties sold.
then we have Sept 2023 the average price was £327,575. 56 terraced properties sold.
Oct 2023 where the average price was £325,669 and 49 terraced properties were sold.
Followed by Nov 2023 where the average price was £322,097 and 26 terraced properties were sold.
Finally, Dec 2023 the average price was £320,810. 37 terraced properties sold.
Jan – Sept 2024
To date in 2024:
Jan 2024 the average price was £318,400 and 38 terraced properties were sold.
Feb 2024 the average price was £318,305 and 42 terraced properties were sold.
Mar 2024 the average price was £317,566 and 40 terraced properties were sold.
Apr 2024 the average price was £318,692 and 35 terraced properties were sold.
May 2024 the average price was £318,084 and 22 terraced properties were sold.
Jun 2024 the average price was £318,704 and 29 terraced properties were sold.
Jul 2024 the average price was £319,619 and 26 terraced properties were sold.
Aug 2024 the average price was £317,063 and 20 terraced properties were sold.
Sept 2024 the average price was £314,964 and 19 terraced properties were sold.
Where were the terraced properties sold?
Look at the 9 maps below that show exactly where all the terraced properties were sold.
Firstly, CM17 0
Secondly CM17 9
Next is CM18 6
CM18 7
Next is CM19 4
CM19 5
Now it’s CM20 1
CM20 2
Finally, CM20 3
Harlow terraced properties, an overview
Co owner of Jukes Estate Agents Harlow Geoff Flewers says: “Terraced houses have faired far better than flats over the last two years. While flats fell by 18%, terraced properties fell by just 5.41% from their peak in March 2023 (£333,008) to their current level in September 2024 of £314,964.”
“Again, mortgage rates & inflation have been the driving force in this fall, but moving forward I am hopeful things will start to improve. However, There is no doubt that our old friend ‘over valuing’ has been a major factor. I am sorry to keep harping on about it BUT, ‘over valuing’ really does drive down selling prices to a level that’s lower than what the property is REALLY worth.”
“Overvaluing leads to the selling price actually being lower than the true market value.”
To find out how, visit the website of Jukes Estate Agents Harlow (https://jukesestates.co.uk//new/public_html/property-valuation/) or simply click the button below: