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House Prices in CM3 House Prices in CM3 (Chelmsford)

The average house price in CM3 (Chelmsford) is £474,525 using HM Land Registry data.

The average property price increased by £96,176 (19.56%) over the last 5 years and increased by £19,266 (3.09%) over the last 12 months.

Over the last year, there were 517 residential property sales – a decrease of 162 transactions (-31.33%) relative to the previous year. The majority of house sales (142) were in the £328,000 - £446,000 range. Then came properties in the £446,000 - £564,000 range, where 108 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 148 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,214 (-2%).

In January 2025, there were 159 new estate agency instructions, 90 agreed home sales and 100 property price reductions.

Nearby Postcodes: , CB10, CB11, CM0, CM1, CM11, CM12, CM13, CM14, CM15, CM16, CM17, CM18, CM19, CM2, CM20, CM21, CM22, CM23, CM24, CM4, CM5, CM6, CM7, CM77, CM8, CM9, CM98, CM99, CO5, CO6, CO9, EN11, EN9, IG10, RM14, RM3, RM4, SG10, SG11, SG12, SG9, SS11, SS12, SS14, SS15, SS16, SS2, SS3, SS4, SS5, SS6, SS9

5-Year Average Property Prices in CM3 (Chelmsford)

19.56%

Property prices in CM3 (Chelmsford) increased by 19.56% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CM3 (Chelmsford) Over the Last Year

3.09%

Property prices in CM3 (Chelmsford) increased by 3.09% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CM3 (Chelmsford) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CM3 (Chelmsford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CM3 (Chelmsford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CM3 (Chelmsford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CM3 (Chelmsford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM3 postcode area since 1995.

Recent Sales in CM3 (Chelmsford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Latchingdon Road, Cold Norton, Chelmsford, Essex, CM3 6JG£415,000£411,500-£3,50007 Aug 202410 Dec 2024125 Days
17 Burnham Road, Latchingdon, Chelmsford, Essex, CM3 6EU£430,000£425,000-£5,00029 Jul 202410 Dec 2024134 Days
22 Station Crescent, Cold Norton, Chelmsford, Essex, CM3 6HY£875,000£855,000-£20,00019 Jul 202402 Dec 2024136 Days
20 Butterbur Chase, South Woodham Ferrers, Chelmsford, Essex, CM3 7AG£550,000£527,000-£23,00005 Aug 202402 Dec 2024119 Days
19 Westmarch, South Woodham Ferrers, Chelmsford, Essex, CM3 7AB£485,000£475,000-£10,00011 Sep 202429 Nov 202479 Days
46 Parkdale, Danbury, Chelmsford, Essex, CM3 4EH£600,000£580,000-£20,00004 May 202429 Nov 2024209 Days
28 Dawberry Place, South Woodham Ferrers, Chelmsford, Essex, CM3 5ZQ£250,000£237,500-£12,50031 May 202429 Nov 2024182 Days
21 Paston Close, South Woodham Ferrers, Chelmsford, Essex, CM3 5UA£375,000£375,000£012 Jun 202429 Nov 2024170 Days
112 Celeborn Street, South Woodham Ferrers, Chelmsford, Essex, CM3 7AW£750,000£750,000£022 May 202422 Nov 2024184 Days
44 Gladden Fields, South Woodham Ferrers, Chelmsford, Essex, CM3 7AH£590,000£575,000-£15,00009 Feb 202422 Nov 2024287 Days
2 Akenfield Close, South Woodham Ferrers, Chelmsford, Essex, CM3 5XP£350,000£335,000-£15,00018 Jul 202420 Nov 2024125 Days
8 St Stephens Road, Cold Norton, Chelmsford, Essex, CM3 6JE£650,000£642,000-£8,00014 Jun 202419 Nov 2024158 Days
48 North Drive, Mayland, Chelmsford, Essex, CM3 6AG£375,000£300,000-£75,00010 Jul 202415 Nov 2024128 Days
9 Thornborough Avenue, South Woodham Ferrers, Chelmsford, Essex, CM3 5FN£265,000£260,000-£5,00013 May 202413 Nov 2024184 Days
5 Rye Close, Hatfield Peverel, Chelmsford, Essex, CM3 2LN£425,000£425,000£030 Apr 202411 Nov 2024195 Days
17 Saltcoats, South Woodham Ferrers, Chelmsford, Essex, CM3 5LE£450,000£425,000-£25,00020 May 202408 Nov 2024172 Days
20 Jubilee Rise, Danbury, Chelmsford, Essex, CM3 4JA£315,000£310,000-£5,00009 Jul 202408 Nov 2024122 Days
23 Gimli Watch, South Woodham Ferrers, Chelmsford, Essex, CM3 5LD£475,000£470,000-£5,00006 Mar 202307 Nov 2024612 Days
24 Abbotsleigh Road, South Woodham Ferrers, Chelmsford, Essex, CM3 5SS£215,000£212,500-£2,50010 Jun 202407 Nov 2024150 Days
40 The Grove, Bicknacre, Chelmsford, Essex, CM3 4XB£400,000£390,000-£10,00022 Apr 202406 Nov 2024198 Days

Most Expensive Streets in CM3 (Chelmsford)

PostcodeStreetAreaAverageNo. of Sales
CM3 3GZLakeview CrescentChelmsford£1,730,0006
CM3 4UJLitchborough Park, Little BaddowChelmsford£1,407,3333
CM3 4LJHyde Lane, DanburyChelmsford£1,360,0003
CM3 4QXHyde Lane, DanburyChelmsford£1,194,1666
CM3 4NNCopt Hill, DanburyChelmsford£1,150,0003
CM3 4SYColam Lane, Little BaddowChelmsford£1,149,9833
CM3 4TSHigh Pastures, Little BaddowChelmsford£1,141,2504
CM3 4HGLodge Road, BicknacreChelmsford£1,131,6663
CM3 4DNColemans Lane, DanburyChelmsford£1,120,0003
CM3 4NTLittle Baddow Road, DanburyChelmsford£1,108,3333

Least Expensive Streets in CM3 (Chelmsford)

PostcodeStreetAreaAverageNo. of Sales
CM3 2SDHaven Court, Hatfield PeverelChelmsford£131,6663
CM3 6TNSt Stephens Court, MallardsChelmsford£151,6005
CM3 3AEShearers Way, BorehamChelmsford£158,45411
CM3 5WFVincent Lodge, Benbow DriveChelmsford£164,93111
CM3 5FTMelville Heath, South Woodham FerrersChelmsford£165,90010
CM3 5ZFHaltwhistle Road, South Woodham FerrersChelmsford£168,18712
CM3 5ZTTylers Ride, South Woodham FerrersChelmsford£168,57114
CM3 5NFGuys Farm Road, South Woodham FerrersChelmsford£176,0614
CM3 5SSAbbotsleigh Road, South Woodham FerrersChelmsford£179,11513
CM3 5RXTallow Gate, South Woodham FerrersChelmsford£186,35431

Explore CM3 (Chelmsford) using map

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