Beverley Lum

Dunmow 1 Local Market Update — May 2026

Beverley Lum · 5 May 2026 · CM6

Dunmow 1 Local Market Update — May 2026

Key takeaways

The Kitchen Table Conversation, CM6 1 Property Market — May 2026

I was sitting with a couple in High Roding earlier this week, looking out over their garden as the spring blossom finally took hold. They asked me a question I hear at almost every kitchen table in the CM6 1 postcode: "Beverley, we see these big numbers on the property websites, but what are people actually shaking hands on?"

It’s a brilliant question. Imagine for a second that you decided to put your home on the market today. You look at the houses for sale near Pharisee Green or along Stortford Road and see a certain price tag. But if you knew that the final handshake involves a very different number, how would that change your plans?

Let’s pull back the curtain on what’s happening across CM6 1 right now.

The "Price Tag" vs. The "Handshake"

Currently, the average price sellers are hoping to get (the asking price) in CM6 1 stands at £498,900. This is roughly what you’d expect to pay for a lovely three-bedroom semi-detached home in our area. It shows that people selling their homes are still feeling quite optimistic.

However, there is a bit of a gap between those hopes and reality. Over the last year, the average price actually paid (the sold price) was £411,984.

When we look at the "Gap," sellers are currently advertising their homes for about £86,916 (or 21%) more than what buyers are ultimately paying. In plain English? It’s a "Buyer’s Market." If you are looking to move into somewhere like Great Canfield, you have a lot of room to negotiate, as there is more choice available than there are people ready to sign on the dotted line.

What’s on the Shelf?

Right now, there are 238 properties looking for new owners across the CM6 1 postcode. Whether you are browsing for a character cottage or a modern family home, there is plenty of variety. Most homes here—about 70% of them—are priced between £275,000 and £800,000.

Over the last 12 months, we’ve seen 153 successful sales. That averages out to about 15 homes changing hands every month. Because there are 197 homes currently for sale and we only sell about 15 a month, the "maths" tells us we have about 12 and a half months' worth of houses waiting for buyers. It’s not a rush; it’s a slow, steady stroll.

The Long Game: Money in Your Pocket

It is easy to get caught up in the month-to-month chatter, but property is really about the long finish.

If you bought a home in CM6 1 seven years ago, the average price was £396,283. Today, that same average home is worth £411,984. That is a £15,701 increase in value. While that might not sound like a lottery win, it represents real wealth sitting quietly in your bricks and mortar—money that belongs to you just for living in your own home.

The View from the Street

We are seeing some incredible "top end" activity too. We’ve seen a stunning home at Foxtons Yard on Stortford Road fetch £4,000,000, and another beautiful detached house in Great Canfield sell for £1,760,000.

What does this mean for you? If you are thinking of selling in CM6 1 this May, the secret is all in the pricing. Because buyers have a lot of choice right now, they are being very picky. Homes that are priced realistically from day one are the ones getting the viewings.

If you’re just curious about whether your "bricks and mortar" bank account has grown, or if you want to know how that "Price Gap" affects your specific street, I’m always happy to pop round for a coffee and a no-pressure chat.

Beverley Lum is a property expert with Keller Williams, specialising in the CM6 1 postcode area. She helps local residents understand market trends and make informed decisions about selling their homes.

Sources: Land Registry, Rightmove, Zoopla, PropertyData
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