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South Woodham Ferrers House Prices South Woodham Ferrers House Prices

The average house price in South Woodham Ferrers is £333,461 using HM Land Registry data.

The average property price increased by £44,403 (13.5%) over the last 5 years and increased by £8,874 (2.44%) over the last 12 months.

Over the last year, there were 185 residential property sales – a decrease of 65 transactions (-35.14%) relative to the previous year. The majority of house sales (37) were in the £322,000 - £388,000 range. Then came properties in the £256,000 - £322,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,803 (-2%).

In April 2024, there were 34 new estate agency instructions, 22 agreed home sales and 18 property price reductions.

Postcodes Covered: CM3, SS11

5-Year Average Property Prices in South Woodham Ferrers

13.5%

Property prices in South Woodham Ferrers increased by 13.5% 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 South Woodham Ferrers Over the Last Year

2.44%

Property prices in South Woodham Ferrers increased by 2.44% 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 South Woodham Ferrers - 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 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 South Woodham Ferrers

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 South Woodham Ferrers

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 South Woodham Ferrers

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 South Woodham Ferrers since 1995

Using HM Land Registry data, this chart displays average annual house prices in the South Woodham Ferrers area since 1995.

Recent Property Sales in South Woodham Ferrers

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Maydene, South Woodham Ferrers, Chelmsford, Essex, CM3 5ND£180,000£170,000-£10,00008 Nov 202329 Feb 2024113 Days
24 Melville Heath, South Woodham Ferrers, Chelmsford, Essex, CM3 5FT£152,500£150,000-£2,50009 Oct 202327 Feb 2024141 Days
21 Melville Heath, South Woodham Ferrers, Chelmsford, Essex, CM3 5FT£155,000£151,000-£4,00011 Oct 202316 Feb 2024128 Days
29 Green Lane, South Woodham Ferrers, Chelmsford, Essex, CM3 5JQ£450,000£450,000£0031 Jul 202309 Feb 2024193 Days
19 Bandhills Close, South Woodham Ferrers, Chelmsford, Essex, CM3 5JW£350,000£350,000£0012 Sep 202309 Feb 2024150 Days
36 Tallow Gate, South Woodham Ferrers, Chelmsford, Essex, CM3 5RX£150,000£150,000£0017 Oct 202302 Feb 2024108 Days
143 Inchbonnie Road, South Woodham Ferrers, Chelmsford, Essex, CM3 5ZW£850,000£830,000-£20,00017 May 202316 Jan 2024244 Days
64 Littlecroft, South Woodham Ferrers, Chelmsford, Essex, CM3 5GQ£195,000£190,000-£5,00012 Sep 202310 Jan 2024120 Days
42 Littlecroft, South Woodham Ferrers, Chelmsford, Essex, CM3 5GQ£210,000£210,000£0008 Sep 202305 Jan 2024119 Days
54 Tallow Gate, South Woodham Ferrers, Chelmsford, Essex, CM3 5RX£205,000£198,000-£7,00021 Aug 202321 Dec 2023122 Days
9 Brunel Way, South Woodham Ferrers, Chelmsford, Essex, CM3 5RE£280,000£274,000-£6,00022 Aug 202315 Dec 2023115 Days
3 Forrest Close, South Woodham Ferrers, Chelmsford, Essex, CM3 5NR£525,000£476,000-£49,00015 May 202313 Dec 2023212 Days
18 Bree Hill, South Woodham Ferrers, Chelmsford, Essex, CM3 7AD£310,000£310,000£0015 May 202304 Dec 2023203 Days
8 Keats Square, South Woodham Ferrers, Chelmsford, Essex, CM3 5XZ£325,000£320,000-£5,00013 May 202301 Dec 2023202 Days
22 Holkham Avenue, South Woodham Ferrers, Chelmsford, Essex, CM3 7AU£330,000£330,000£0001 Sep 202310 Nov 202370 Days
50 Littlecroft, South Woodham Ferrers, Chelmsford, Essex, CM3 5GQ£175,000£175,000£0018 Apr 202309 Nov 2023205 Days
21 Leeward Road, South Woodham Ferrers, Chelmsford, Essex, CM3 5YR£425,000£415,000-£10,00012 Jun 202303 Nov 2023144 Days
19 Bulbecks Walk, South Woodham Ferrers, Chelmsford, Essex, CM3 5ZN£425,000£420,000-£5,00026 Jul 202302 Nov 202399 Days
6 Green Lane, South Woodham Ferrers, Chelmsford, Essex, CM3 5JQ£350,000£347,180-£2,82018 Jul 202327 Oct 2023101 Days
8 Taffrail Gardens, South Woodham Ferrers, Chelmsford, Essex, CM3 5WH£550,000£538,000-£12,00009 Jun 202313 Oct 2023126 Days

Most Expensive Streets in South Woodham Ferrers

PostcodeStreetAreaAverageNo. of Sales
CM3 7BFArlington SquareSouth Woodham Ferrers£693,7504
SS11 7QUWoodham RoadBattlesbridge£686,6663
CM3 7AFCeleborn StreetSouth Woodham Ferrers£668,6666
CM3 7AWCeleborn StreetSouth Woodham Ferrers£631,2504
CM3 5GNHalyard ReachSouth Woodham Ferrers£626,6663
CM3 5WHTaffrail GardensSouth Woodham Ferrers£620,7504
CM3 5GHCarron MeadSouth Woodham Ferrers£617,0005
CM3 5LWHullbridge RoadSouth Woodham Ferrers£598,7508
CM3 5GJThe BightSouth Woodham Ferrers£573,3333
CM3 5YLCreekview RoadSouth Woodham Ferrers£561,8333

Least Expensive Streets in South Woodham Ferrers

PostcodeStreetAreaAverageNo. of Sales
CM3 5XPAkenfield CloseSouth Woodham Ferrers£117,8005
CM3 5WFVincent LodgeBenbow Drive£162,7509
CM3 5FTMelville HeathSouth Woodham Ferrers£164,09613
CM3 5ZTTylers RideSouth Woodham Ferrers£170,64214
CM3 5ZFHaltwhistle RoadSouth Woodham Ferrers£171,48013
CM3 5NFGuys Farm RoadSouth Woodham Ferrers£176,0614
CM3 5ZETylers RideSouth Woodham Ferrers£182,72722
CM3 5RXTallow GateSouth Woodham Ferrers£184,21832
CM3 5SSAbbotsleigh RoadSouth Woodham Ferrers£188,2779
CM3 5LBClements Green LaneSouth Woodham Ferrers£189,0995

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