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House Prices in CM3 House Prices in CM3 (Chelmsford)

The average house price in CM3 (Chelmsford) is £507,734 using HM Land Registry data.

The average property price increased by £93,851 (19.56%) over the last 5 years and increased by £18,805 (3.09%) over the last 12 months.

Over the last year, there were 503 residential property sales – a decrease of 153 transactions (-30.42%) relative to the previous year. The majority of house sales (144) were in the £332,000 - £454,000 range. Then came properties in the £454,000 - £576,000 range, where 101 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 203 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,214 (-2%).

In February 2025, there were 119 new estate agency instructions, 116 agreed home sales and 75 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) - February 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
7 Drywoods, South Woodham Ferrers, Chelmsford, Essex, CM3 5ZG£450,000£450,000£025 Sep 202424 Jan 2025121 Days
117 East Bridge Road, South Woodham Ferrers, Chelmsford, Essex, CM3 5SD£325,000£325,000£030 Oct 202417 Jan 202579 Days
Florence Cottage, Runsell Green, Danbury, Chelmsford, Essex, CM3 4QZ£340,000£315,000-£25,00007 Feb 202410 Jan 2025338 Days
Rowan House, Fambridge Road, North Fambridge, Chelmsford, Essex, CM3 6NB£1,000,000£1,000,000£002 Jan 202409 Jan 2025373 Days
3 Culver Rise, South Woodham Ferrers, Chelmsford, Essex, CM3 5FL£330,000£330,000£031 Jul 202407 Jan 2025160 Days
The Nook, The Endway, Althorne, Chelmsford, Essex, CM3 6DU£1,200,000£1,075,000-£125,00019 Oct 202303 Jan 2025442 Days
23 St Andrews Road, Hatfield Peverel, Chelmsford, Essex, CM3 2EP£375,000£370,000-£5,00018 Jul 202419 Dec 2024154 Days
20 The Chase, South Woodham Ferrers, Chelmsford, Essex, CM3 5PN£365,000£360,000-£5,00028 Oct 202419 Dec 202452 Days
5 Monks Mead, Bicknacre, Chelmsford, Essex, CM3 4EU£480,000£470,000-£10,00008 Aug 202417 Dec 2024131 Days
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

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 4DNColemans Lane, DanburyChelmsford£1,120,0003
CM3 4NTLittle Baddow Road, DanburyChelmsford£1,108,3333
CM3 4SSFir Tree Lane, Little BaddowChelmsford£1,080,1427

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£158,40010
CM3 5WFVincent Lodge, Benbow DriveChelmsford£164,93111
CM3 5FTMelville Heath, South Woodham FerrersChelmsford£165,90010
CM3 5ZFHaltwhistle Road, South Woodham FerrersChelmsford£166,40911
CM3 5ZTTylers Ride, South Woodham FerrersChelmsford£168,57114
CM3 5NFGuys Farm Road, South Woodham FerrersChelmsford£176,0614
CM3 5SSAbbotsleigh Road, South Woodham FerrersChelmsford£180,75012
CM3 5RXTallow Gate, South Woodham FerrersChelmsford£187,23330

Explore CM3 (Chelmsford) using map

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