House Prices in CM2 House Prices in CM2 (Chelmsford)

The average house price in CM2 (Chelmsford) is £407,557 using HM Land Registry data.

The average property price increased by £23,260 (91.16%) over the last 5 years and increased by £4,661 (9.56%) over the last 12 months.

Over the last year, there were 742 residential property sales – a decrease of 46 transactions (-6.20%) relative to the previous year. The majority of house sales (190) were in the £368,000 - £452,000 range. Then came properties in the £284,000 - £368,000 range, where 161 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 211 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,772 (-2%).

In March 2025, there were 185 new estate agency instructions, 134 agreed home sales and 98 property price reductions.

5-Year Average Property Prices in CM2 (Chelmsford)

91.16%

Property prices in CM2 (Chelmsford) increased by 91.16% 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 CM2 (Chelmsford) Over the Last Year

9.56%

Property prices in CM2 (Chelmsford) increased by 9.56% 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 CM2 (Chelmsford) - March 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 CM2 (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 CM2 (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 CM2 (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 CM2 (Chelmsford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM2 postcode area since 1995.

Recent Sales in CM2 (Chelmsford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Peel Road, Chelmsford, Essex, CM2 6AH£425,000£412,500-£12,50029 Apr 202419 Feb 2025296 Days
132a, Mildmay Road, Chelmsford, Essex, CM2 0EB£240,000£235,000-£5,00001 May 201917 Feb 20252119 Days
37 Duffield Road, Chelmsford, Essex, CM2 9RY£460,000£446,000-£14,00009 Dec 202014 Feb 20251528 Days
73 St Anthonys Drive, Chelmsford, Essex, CM2 9EH£335,000£327,000-£8,00025 Jun 202414 Feb 2025234 Days
48 Bryant Link, Springfield, Chelmsford, Essex, CM2 6GZ£227,500£227,500£014 Aug 202413 Feb 2025183 Days
126 Chelmer Road, Chelmsford, Essex, CM2 6AB£475,000£450,000-£25,00030 Jul 202412 Feb 2025197 Days
2 Springfield Park Parade, Chelmsford, Essex, CM2 6EF£400,000£390,000-£10,00017 Sep 202407 Feb 2025143 Days
143 Lucas Avenue, Chelmsford, Essex, CM2 9JR£440,000£435,000-£5,00030 Oct 202407 Feb 2025100 Days
458 Linnet Drive, Chelmsford, Essex, CM2 8AN£340,000£336,500-£3,50013 Nov 202406 Feb 202585 Days
31 County Place, Chelmsford, Essex, CM2 0RF£280,000£270,000-£10,00001 Jul 202405 Feb 2025219 Days
21 Goldlay Road, Chelmsford, Essex, CM2 0EQ£400,000£400,000£030 Nov 202403 Feb 202565 Days
2 The Westerings, Great Baddow, Chelmsford, Essex, CM2 8JE£425,000£212,520-£212,48002 Jun 202331 Jan 2025609 Days
9 Ruskin Road, Chelmsford, Essex, CM2 6HN£365,000£365,000£019 Sep 202424 Jan 2025127 Days
161 Beeleigh Link, Chelmsford, Essex, CM2 6PH£500,000£500,000£013 Mar 202416 Jan 2025309 Days
65 Wallace Crescent, Chelmsford, Essex, CM2 9QN£485,000£475,000-£10,00012 Aug 202414 Jan 2025155 Days
24 Tyrells Way, Great Baddow, Chelmsford, Essex, CM2 7DP£525,000£517,500-£7,50023 Aug 202413 Jan 2025143 Days
15 Galleydene Avenue, Chelmsford, Essex, CM2 8RY£325,000£315,000-£10,00025 Jun 202410 Jan 2025199 Days
556 Linnet Drive, Chelmsford, Essex, CM2 8AW£380,000£380,000£024 Jun 202406 Jan 2025196 Days
29 Chaplin Close, Chelmsford, Essex, CM2 8QW£375,000£365,000-£10,00010 Apr 202403 Jan 2025268 Days
35 Mascalls Way, Chelmsford, Essex, CM2 7NR£200,000£195,000-£5,00027 Jun 202419 Dec 2024175 Days

Most Expensive Streets in CM2 (Chelmsford)

PostcodeStreetAreaAverageNo. of Sales
CM2 6BPSpringfield RoadChelmsford£1,573,3333
CM2 7TQEast Hanningfield Road, SandonChelmsford£1,210,5009
CM2 8PGGoat Hall LaneChelmsford£1,203,3333
CM2 9AQMoulsham StreetChelmsford£1,090,0003
CM2 8DNGalleywood Road, Great BaddowChelmsford£1,027,0005
CM2 9AWLinks DriveChelmsford£992,3758
CM2 0ARNew London RoadChelmsford£986,6663
CM2 7SXBrook Lane, Great BaddowChelmsford£940,0003
CM2 7RWMayes Lane, SandonChelmsford£935,0004
CM2 6BTTyrells CloseChelmsford£913,9166

Least Expensive Streets in CM2 (Chelmsford)

PostcodeStreetAreaAverageNo. of Sales
CM2 6GBTownsend, SpringfieldChelmsford£127,3753
CM2 0UTAlbion CourtChelmsford£135,50012
CM2 0HFGladstone CourtChelmsford£138,3333
CM2 6JQBalmoral Court, Springfield RoadChelmsford£140,69213
CM2 0BUPerrin PlaceChelmsford£142,5004
CM2 7QNThe Vineyards, Great BaddowChelmsford£149,9166
CM2 0XEGodfreys MewsChelmsford£152,76023
CM2 9GBSearle CloseChelmsford£158,6949
CM2 0BNUpper ChaseChelmsford£161,56711
CM2 9XERedmayne DriveChelmsford£181,76913

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