Harlow property market March 2025 heating up or cooling down?
Jukes Estate Agents take their regular monthly look at the Harlow property market. Using data from property experts The Advisory (https://www.theadvisory.co.uk/), they look at the the four postcode sectors CM17, CM18, CM19 & CM20. The method is simply. They divide the amount of properties on the market by the amount of properties sold. This gives a percentage that they choose to call degrees. Therefore, we can see if the market is cooling down or heating up.
Harlow property market in March 2025.
March has seen three Harlow postcodes increase in heat / percentage sold. One postcode (CM20) has cooled down. With Spring just round the corner and the temperature on the up (slightly), it is an encouraging sight to see 75% of Harlow postcodes recovering after what was a disappointing February.
CM17
CM17 rose to 52 degrees in March. In other words, 52% of property listed sold. Data sourced from The Advisory (https://www.theadvisory.co.uk/).
When CM17 is analysed we can see the following results since January 2024:
Jan 43%. Feb 39%. Mar 40%. Apr 45%. May 45%. Jun 47%. Jul 49%. Aug 49%. Sept 45%. Oct 46%. Nov 47%. Dec 49%. Jan 2025 54%. Feb 2025 50%. Mar 2025 52%.
The last month saw CM17 rise by 2%. Whilst lower than Jan 25 (54%), it’s the highest score for 15 months so this is an encouraging sign.
CM18
CM18 is up 5 degrees to 68 degrees. This is the best performing Harlow postcode!
Let’s look at what CM18 has done since Jan 2024:
Jan 57%. Feb 55%. Mar 62%. Apr 63%. May 61%. Jun 58%. Jul 62%. Aug 61%. Sept 59%. Oct 55%. Nov 58%. Dec 63%. Jan 2025 68%. Feb 2025 63%. Mar 2025 68%.
CM18 is back to its highest score since we started doing these stats. 68% (degrees) is as high as its previous level in Jan 2025. Another rise for April will see a new record set!
CM19
Harlow property market March 2025 heating up or cooling down?
CM19 has risen by 1 degree to 53 degrees (%).
Let’s look at its performance since Jan 2024:
Jan 45%. Feb 45%. Mar 52%. Apr 51%. May 47%. Jun 51%. Jul 54%. Aug 56%. Sept 55%. Oct 56%. Nov 56%. Dec 58%. Jan 2025 58%. Feb 2025 52%. Mar 2025 53%.
A 1% rise is a rise. The problem with CM19 is that it is still 5% lower than where it was in January 2025. CM19 does suffer from the Roydon part of its postcode. Roydon properties are much higher in value and are harder to sell with mortgage rates still in and around 5%.
CM20
CM20 has stayed at 61%.
Let’s look at its performance since Jan 2024:
Jan 51%. Feb 49%. Mar 55%. Apr 56%. May 56%. Jun 60%. Jul 61%. Aug 59%. Sept 55%. Oct 59%. Nov 61%. Dec 62%. Jan 2025 66%. Feb 2025 61%. Mar 2025 61%.
Four consecutive increases were spoilt by CM20 dropping to 61% in February 2025. This month it has remained the same. However, it did not drop and that is a slight blessing.
CONCLUSION
With three of its four postcodes rising in March and the other remaining the same, this has been a successful month for the Harlow property market. With first time buyers now past the point of trying to avoid the rise in Stamp Duty on 1st April 2025, it is an encouraging sign. We are hopeful that the figures will rise again when we do our April blog.