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Hatfield Peverel House Prices Hatfield Peverel House Prices

The average house price in Hatfield Peverel is £445,000 using HM Land Registry data.

The average property price increased by £149,110 (40.75%) over the last 5 years and increased by £29,801 (6.14%) over the last 12 months.

Over the last year, there were 46 residential property sales – a decrease of 35 transactions (-76.09%) relative to the previous year. The majority of house sales (12) were in the £300,000 - £398,000 range. Then came properties in the £496,000 - £594,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,651 (-2%).

In April 2024, there were 15 new estate agency instructions, 8 agreed home sales and 7 property price reductions.

Postcodes Covered: CM3

5-Year Average Property Prices in Hatfield Peverel

40.75%

Property prices in Hatfield Peverel increased by 40.75% 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 Hatfield Peverel Over the Last Year

6.14%

Property prices in Hatfield Peverel increased by 6.14% 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 Hatfield Peverel - April 2024

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 Hatfield Peverel

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 Hatfield Peverel

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 Hatfield Peverel

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 Hatfield Peverel since 1995

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

Recent Property Sales in Hatfield Peverel

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Beech Rise, Hatfield Peverel, Chelmsford, Essex, CM3 2LR£600,000£575,000-£25,00006 Apr 202331 Oct 2023208 Days
Perryfield, The Street, Hatfield Peverel, Chelmsford, Essex, CM3 2EJ£510,000£490,000-£20,00010 May 202327 Oct 2023170 Days
10 Bennett Way, Hatfield Peverel, Chelmsford, Essex, CM3 2ER£280,000£275,000-£5,00006 Apr 202309 Aug 2023125 Days
22 Remembrance Avenue, Hatfield Peverel, Chelmsford, Essex, CM3 2JD£395,000£380,000-£15,00016 Mar 202328 Jul 2023134 Days
3 Co Operative Villas, Hatfield Peverel, Chelmsford, Essex, CM3 2JF£425,000£412,000-£13,00012 Jan 202321 Jul 2023190 Days
8 Woodham Drive, Hatfield Peverel, Chelmsford, Essex, CM3 2RR£725,000£708,000-£17,00018 Apr 202310 Jul 202383 Days
11 The Green, Hatfield Peverel, Chelmsford, Essex, CM3 2JH£525,000£522,500-£2,50007 Dec 202231 May 2023175 Days
The Pines, Meadow Bank, Hatfield Peverel, Chelmsford, Essex, CM3 2DE£750,000£745,000-£5,00021 Jan 202326 May 2023125 Days
13 Stone Path Drive, Hatfield Peverel, Chelmsford, Essex, CM3 2LG£350,000£346,000-£4,00014 Nov 202231 Mar 2023137 Days
26 Baker Avenue, Hatfield Peverel, Chelmsford, Essex, CM3 2LH£320,000£310,000-£10,00011 Nov 202231 Mar 2023140 Days
1 Larch Walk, Hatfield Peverel, Chelmsford, Essex, CM3 2SF£350,000£350,000£0031 Aug 202210 Mar 2023191 Days
The Ruslings, The Street, Hatfield Peverel, Chelmsford, Essex, CM3 2EG£600,000£600,000£0011 Nov 202227 Feb 2023108 Days
3 Strutt Close, Hatfield Peverel, Chelmsford, Essex, CM3 2HB£300,000£295,000-£5,00010 Feb 202230 Jan 2023354 Days
2 Ranulph Way, Hatfield Peverel, Chelmsford, Essex, CM3 2RN£800,000£800,000£0007 Jun 202216 Jan 2023223 Days
18 Willow Crescent, Hatfield Peverel, Chelmsford, Essex, CM3 2LJ£375,000£365,000-£10,00006 Jul 202214 Oct 2022100 Days
5 De Vere Close, Hatfield Peverel, Chelmsford, Essex, CM3 2LS£800,000£790,000-£10,00007 Jun 202203 Oct 2022118 Days
Melford, The Pines, Hatfield Peverel, Chelmsford, Essex, CM3 2DB£750,000£740,000-£10,00009 May 202226 Aug 2022109 Days
Flat 2, Hooks & Sheaves Cottage, The Street, Hatfield Peverel, Chelmsford, Essex, CM3 2DW£250,000£250,000£0023 Feb 202201 Aug 2022159 Days
19 Ranulph Way, Hatfield Peverel, Chelmsford, Essex, CM3 2RN£600,000£580,000-£20,00028 Jul 202127 Jul 2022364 Days
25 Gleneagles Way, Hatfield Peverel, Chelmsford, Essex, CM3 2RT£725,000£715,000-£10,00004 Mar 202210 Jun 202298 Days

Most Expensive Streets in Hatfield Peverel

PostcodeStreetAreaAverageNo. of Sales
CM3 2SGYew Tree CloseHatfield Peverel£725,0004
CM3 2LSDe Vere CloseHatfield Peverel£717,5004
CM3 2DBThe PinesHatfield Peverel£661,2504
CM3 2SEHawthorn RoadHatfield Peverel£643,3333
CM3 2RRWoodham DriveHatfield Peverel£630,7504
CM3 2DSStation RoadHatfield Peverel£604,5007
CM3 2LBChurch RoadHatfield Peverel£596,1119
CM3 2JTBirkdale RiseHatfield Peverel£585,09818
CM3 2HJMaldon RoadHatfield Peverel£574,8333
CM3 2RNRanulph WayHatfield Peverel£568,7504

Least Expensive Streets in Hatfield Peverel

PostcodeStreetAreaAverageNo. of Sales
CM3 2ENSwan CloseHatfield Peverel£181,2005
CM3 2DLStores CottagesThe Street, Hatfield Peverel£238,3704
CM3 2DWSwan CottagesThe Street, Hatfield Peverel£251,8754
CM3 2ERBennett WayHatfield Peverel£256,2504
CM3 2HAArthy CloseHatfield Peverel£277,1254
CM3 2RUElizabeth WayHatfield Peverel£281,5005
CM3 2SFLarch WalkHatfield Peverel£330,6653
CM3 2HZNew RoadHatfield Peverel£331,1666
CM3 2LHBaker AvenueHatfield Peverel£335,0836
CM3 2LLChestnut AvenueHatfield Peverel£343,3333

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