CM14 area guide

Postcode district: CM14

Location

The CM14 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Brentwood, Brentwood North, Brentwood South, Brentwood West, Brizes and Doddinghurst, Essex, Gooshays, Great Warley, Kelvedon Common, Kelvedon Hatch, Navestockside, Pilgrims Hatch, South Weald, Warley.

History

Present

Amenities

Notes:A Mouseprice property guide for CM14 Brentwood is coming soon. In the meantime, please have a look at the raw data and statistics about CM14 that can be found by click the relevant links on the left hand side. Old area guide:The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.Market trends:The size of the property market in CM14 is 7636 homes. When growth averages 10.7% over a 5 year period, as in this postcode district, there are a number of possible explanations, for example that this isan area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).During the last 3 months, property in this postcode district has averaged a value of £252223. Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 8.5. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property. New transactions as a percentage of overall sales are 14.4%.Housing stock:If you are specifically looking to buy Flats, this would be an excellent area for you to explore, with 28.9% of properties being this type. For those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 21.2% are this type. Socially rented accommodation represents 11.1% of the total rented accommodation in the area. The majority of property in this area is owner occupied.The average price of a two bed property in this area is higher than the national average of £187894 at £257348.Who lives here:There are 8006 men and 8431 women in this postcode district.The average age in this area is 37.Single people make up 32.8% of the population in this postcode district.Average working hours in this area for men are 43 and for women are 34.This area has 4.7 people per square kilometre.The largest source of work in this area is Real Estate (16.3% of workers), followed by Financial Intermediation (14.9%).



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