A million pounds buys floor area, not a better rate.

Rate against the market

The premium is not there

A buyer paying a million pounds on this ground is not paying a higher rate per square foot than the ordinary market pays. Across the nine districts the median asking premium over ordinary stock is +5% and the median achieved premium +7%. No district reaches +15% on asking. Four sit below their own ordinary stock.

Median rate of listings at £1m+ publishing a floor area, against the same district's all-stock median, both read 4 September 2026. Every district carries four or more band listings; CM24 carries exactly four and CM21 nine.

Size against rate

What the money buys

Floor area, and at a rate that falls the more of it you buy. The middle home in this band is 3,240 sq ft, against district medians of 947 to 1,754. Sort the band by size and the rate drops from £486 a square foot in the smallest quarter to £316 in the largest.

Median £/sq ft by size quartile, 257 listings at £1m+, 4 September 2026

District ranking

Where the activity sits

One sale in fourteen in CM22 is at a million pounds or more. That is 7.1% against 1.9% in the next district on the list, and it makes Hatfield Heath, Takeley and the Hallingburys the richest ground on our patch by a distance.

HM Land Registry registered sales, 1 January 2026 to the district cut-off, 6 July 2026 in CM24 to 31 July 2026 in CM6. Verified means the record carries a property type. CM21 and CM24 rest on one sale each.

Days listed

Time on the market

The band has been listed a median 108 days against district all-stock medians of 60 to 100, and it is under offer at 14.4% against 26.4% for everything else in the same nine districts. Both are a picture of 4 September 2026.

This is time since listing for homes still visible on 4 September 2026. Anything that sold quickly has already left the dataset, so it over-represents slow movers in every district and every price band. The comparison between the band and its own district is the part worth having.

Verified sales

What actually sold

38 records at £1,000,000 and above were registered in 2026 across the nine districts. 32 carry a property type and are counted. 6 do not and are excluded, because the untyped class carries commercial and multi-unit transfers. The twelve largest verified sales are below; all 32 are in the report.

Achieved prices from HM Land Registry price paid data, read 4 September 2026. 31 of the 32 verified sales are detached, one is semi-detached, and all 32 are freehold. There are no flats, no terraces and no leasehold anywhere in the band.

The full report

Twelve pages, every figure, laid out to print

The catchment picture, the district ranking, all 32 sales named with addresses and prices, price per square foot against ordinary stock, days on the market, the mix, and Muvin's own homes at this level. Free, no form to fill in.

Our own book

Muvin's homes at this level

We hold eight homes asking £1,000,000 or more inside these nine districts, out of 121 live listings. Five are in CM22, the district with the highest share of £1m+ sales in the set.

Prices and availability as shown on muvin.co.uk on 4 September 2026, each one checked against its own listing page that day. A ninth record in our book at the threshold, High Street in Braintree at £1,500,000, is a retail property and is not counted here or anywhere in the report.