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House Prices in CM9 House Prices in CM9 (Maldon)

The average house price in CM9 (Maldon) is £353,666 using HM Land Registry data.

The average property price increased by £60,961 (14.05%) over the last 5 years and increased by £12,215 (2.31%) over the last 12 months.

Over the last year, there were 316 residential property sales – a decrease of 144 transactions (-45.57%) relative to the previous year. The majority of house sales (99) were in the £276,000 - £352,000 range. Then came properties in the £352,000 - £428,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,710 (-2%).

In Oct 24, there were 114 new estate agency instructions, 67 agreed home sales and 62 property price reductions.

Nearby Postcodes: , CM0, CM1, CM11, CM2, CM3, CM6, CM77, CM8, CM98, CM99, CO2, CO5, CO6, CO7, SS11, SS3, SS4, SS5

5-Year Average Property Prices in CM9 (Maldon)

14.05%

Property prices in Maldon increased by 14.05% 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 CM9 (Maldon) Over the Last Year

2.31%

Property prices in Maldon increased by 2.31% 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 CM9 (Maldon) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 CM9 (Maldon)

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 CM9 (Maldon)

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 CM9 (Maldon)

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 CM9 (Maldon) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM9 postcode area since 1995.

Recent Sales in CM9 (Maldon)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
32 Washington Road, Maldon, Essex, CM9 6BL£359,950£355,000-£4,95014 May 202423 Aug 2024101 Days
6 Burns Close, Maldon, Essex, CM9 6DN£340,000£334,000-£6,00016 Mar 202409 Aug 2024146 Days
20 Foster Road, Great Totham, Maldon, Essex, CM9 8PZ£500,000£500,000£0005 Jun 202429 Jul 202454 Days
4a, Walden House Road, Great Totham, Maldon, Essex, CM9 8PJ£375,000£360,000-£15,00009 Mar 202426 Jul 2024139 Days
53 Seagers, Great Totham, Maldon, Essex, CM9 8PB£575,000£565,000-£10,00007 Mar 202426 Jul 2024141 Days
Flat 45, Cooper Court, Spital Road, Maldon, Essex, CM9 6DU£160,000£99,000-£61,00026 Sep 202212 Jul 2024655 Days
22 Newnham Green, Maldon, Essex, CM9 6HZ£170,000£160,000-£10,00026 Dec 202305 Jul 2024192 Days
102 Wagtail Drive, Heybridge, Maldon, Essex, CM9 4YP£175,000£173,000-£2,00017 Jan 202401 Jul 2024166 Days
20 St Georges Close, Heybridge Basin, Maldon, Essex, CM9 4RZ£760,000£760,000£0009 Feb 202417 Jun 2024129 Days
12 Mirosa Drive, Maldon, Essex, CM9 5NB£550,000£535,000-£15,00016 Feb 202414 Jun 2024119 Days
1 Blythe Way, Maldon, Essex, CM9 6UE£375,000£370,000-£5,00013 Mar 202421 May 202469 Days
21 Marlowe Close, Maldon, Essex, CM9 6DE£355,000£347,000-£8,00009 Jun 202317 May 2024343 Days
1 Larch Walk, Heybridge, Maldon, Essex, CM9 4TS£425,000£422,000-£3,00006 Nov 202301 May 2024177 Days
83 Lawling Avenue, Heybridge, Maldon, Essex, CM9 4YD£350,000£342,500-£7,50013 Nov 202301 May 2024170 Days
21 Wallace Binder Close, Maldon, Essex, CM9 6LG£449,950£449,950£0005 Sep 202325 Apr 2024233 Days
56 Granger Avenue, Maldon, Essex, CM9 6AN£385,000£375,000-£10,00002 Feb 202422 Apr 202480 Days
15 Wantz Road, Maldon, Essex, CM9 5DB£400,000£380,000-£20,00026 Jul 202319 Apr 2024268 Days
2a, Rookery Lane, Great Totham, Maldon, Essex, CM9 8DF£525,000£525,000£0007 Jul 202318 Apr 2024286 Days
4 Rowan Drive, Heybridge, Maldon, Essex, CM9 4BW£325,000£305,000-£20,00011 Jan 202408 Apr 202488 Days
20 Park Drive, Maldon, Essex, CM9 5JQ£310,000£295,000-£15,00026 Sep 202304 Apr 2024191 Days

Most Expensive Streets in CM9 (Maldon)

PostcodeStreetAreaAverageNo. of Sales
CM9 6RJChurch Corner, Woodham WalterMaldon£1,468,0005
CM9 6FRJohn Thresh Way, LangfordMaldon£1,120,1564
CM9 8JRBakers Lane, Tolleshunt MajorMaldon£942,6663
CM9 6PEFambridge RoadMaldon£795,8333
CM9 8DGColchester Road, Great TothamMaldon£792,5534
CM9 6HJBower GardensMaldon£760,0003
CM9 5QJBeeleigh RoadMaldon£755,0003
CM9 6RLOak Farm Barn, Old London RoadMaldon£716,0004
CM9 6SXPost Office Road, Woodham MortimerMaldon£693,4166
CM9 4SSMaldon Road, LangfordMaldon£678,3333

Least Expensive Streets in CM9 (Maldon)

PostcodeStreetAreaAverageNo. of Sales
CM9 5EHOld Mill CloseMaldon£142,0006
CM9 5AFBaker MewsMaldon£146,02520
CM9 5EGEmbassy Court, High Street, MaldonMaldon£166,62512
CM9 8TBWoodrolfe Park, TollesburyMaldon£167,16612
CM9 4LUBridge Terrace, HeybridgeMaldon£190,0003
CM9 4YPWagtail Drive, HeybridgeMaldon£192,90015
CM9 5HAWantz HavenMaldon£193,19418
CM9 6FGFriars LaneMaldon£195,2504
CM9 4LTThe Square, HeybridgeMaldon£196,5003
CM9 4TPSanderling Gardens, HeybridgeMaldon£199,3339

Explore CM9 (Maldon) using map

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