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House Prices in CM2

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.

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
22 Peel Road, Chelmsford, Essex, CM2 6AH	£425,000	£412,500	-£12,500	29 Apr 2024	19 Feb 2025	296 Days
132a, Mildmay Road, Chelmsford, Essex, CM2 0EB	£240,000	£235,000	-£5,000	01 May 2019	17 Feb 2025	2119 Days
37 Duffield Road, Chelmsford, Essex, CM2 9RY	£460,000	£446,000	-£14,000	09 Dec 2020	14 Feb 2025	1528 Days
73 St Anthonys Drive, Chelmsford, Essex, CM2 9EH	£335,000	£327,000	-£8,000	25 Jun 2024	14 Feb 2025	234 Days
48 Bryant Link, Springfield, Chelmsford, Essex, CM2 6GZ	£227,500	£227,500	£0	14 Aug 2024	13 Feb 2025	183 Days
126 Chelmer Road, Chelmsford, Essex, CM2 6AB	£475,000	£450,000	-£25,000	30 Jul 2024	12 Feb 2025	197 Days
2 Springfield Park Parade, Chelmsford, Essex, CM2 6EF	£400,000	£390,000	-£10,000	17 Sep 2024	07 Feb 2025	143 Days
143 Lucas Avenue, Chelmsford, Essex, CM2 9JR	£440,000	£435,000	-£5,000	30 Oct 2024	07 Feb 2025	100 Days
458 Linnet Drive, Chelmsford, Essex, CM2 8AN	£340,000	£336,500	-£3,500	13 Nov 2024	06 Feb 2025	85 Days
31 County Place, Chelmsford, Essex, CM2 0RF	£280,000	£270,000	-£10,000	01 Jul 2024	05 Feb 2025	219 Days
21 Goldlay Road, Chelmsford, Essex, CM2 0EQ	£400,000	£400,000	£0	30 Nov 2024	03 Feb 2025	65 Days
2 The Westerings, Great Baddow, Chelmsford, Essex, CM2 8JE	£425,000	£212,520	-£212,480	02 Jun 2023	31 Jan 2025	609 Days
9 Ruskin Road, Chelmsford, Essex, CM2 6HN	£365,000	£365,000	£0	19 Sep 2024	24 Jan 2025	127 Days
161 Beeleigh Link, Chelmsford, Essex, CM2 6PH	£500,000	£500,000	£0	13 Mar 2024	16 Jan 2025	309 Days
65 Wallace Crescent, Chelmsford, Essex, CM2 9QN	£485,000	£475,000	-£10,000	12 Aug 2024	14 Jan 2025	155 Days
24 Tyrells Way, Great Baddow, Chelmsford, Essex, CM2 7DP	£525,000	£517,500	-£7,500	23 Aug 2024	13 Jan 2025	143 Days
15 Galleydene Avenue, Chelmsford, Essex, CM2 8RY	£325,000	£315,000	-£10,000	25 Jun 2024	10 Jan 2025	199 Days
556 Linnet Drive, Chelmsford, Essex, CM2 8AW	£380,000	£380,000	£0	24 Jun 2024	06 Jan 2025	196 Days
29 Chaplin Close, Chelmsford, Essex, CM2 8QW	£375,000	£365,000	-£10,000	10 Apr 2024	03 Jan 2025	268 Days
35 Mascalls Way, Chelmsford, Essex, CM2 7NR	£200,000	£195,000	-£5,000	27 Jun 2024	19 Dec 2024	175 Days

Most Expensive Streets in CM2 (Chelmsford)

Postcode	Street	Area	Average	No. of Sales
CM2 6BP	Springfield Road	Chelmsford	£1,573,333	3
CM2 7TQ	East Hanningfield Road, Sandon	Chelmsford	£1,210,500	9
CM2 8PG	Goat Hall Lane	Chelmsford	£1,203,333	3
CM2 9AQ	Moulsham Street	Chelmsford	£1,090,000	3
CM2 8DN	Galleywood Road, Great Baddow	Chelmsford	£1,027,000	5
CM2 9AW	Links Drive	Chelmsford	£992,375	8
CM2 0AR	New London Road	Chelmsford	£986,666	3
CM2 7SX	Brook Lane, Great Baddow	Chelmsford	£940,000	3
CM2 7RW	Mayes Lane, Sandon	Chelmsford	£935,000	4
CM2 6BT	Tyrells Close	Chelmsford	£913,916	6

Least Expensive Streets in CM2 (Chelmsford)

Postcode	Street	Area	Average	No. of Sales
CM2 6GB	Townsend, Springfield	Chelmsford	£127,375	3
CM2 0UT	Albion Court	Chelmsford	£135,500	12
CM2 0HF	Gladstone Court	Chelmsford	£138,333	3
CM2 6JQ	Balmoral Court, Springfield Road	Chelmsford	£140,692	13
CM2 0BU	Perrin Place	Chelmsford	£142,500	4
CM2 7QN	The Vineyards, Great Baddow	Chelmsford	£149,916	6
CM2 0XE	Godfreys Mews	Chelmsford	£152,760	23
CM2 9GB	Searle Close	Chelmsford	£158,694	9
CM2 0BN	Upper Chase	Chelmsford	£161,567	11
CM2 9XE	Redmayne Drive	Chelmsford	£181,769	13