Writtle House Prices Writtle House Prices

The average house price in Writtle is £405,000 using HM Land Registry data.

The average property price increased by £58,417 (13.01%) over the last 5 years and increased by £11,675 (2.36%) over the last 12 months.

Over the last year, there were 55 residential property sales – a decrease of 17 transactions (-30.91%) relative to the previous year. The majority of house sales (14) were in the £402,000 - £478,000 range. Then came properties in the £326,000 - £402,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 109 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,114 (-3%).

In April 2024, there were 13 new estate agency instructions, 3 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in Writtle

13.01%

Property prices in Writtle increased by 13.01% 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 Writtle Over the Last Year

2.36%

Property prices in Writtle increased by 2.36% 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 Writtle - 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 Writtle

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 Writtle

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 Writtle

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 Writtle since 1995

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

Recent Property Sales in Writtle

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
78 Mayfield Road, Writtle, Chelmsford, Essex, CM1 3EL£400,000£370,000-£30,00018 Jul 202305 Jan 2024171 Days
34 Rectory Road, Writtle, Chelmsford, Essex, CM1 3HN£400,000£385,000-£15,00025 Jul 202329 Nov 2023127 Days
6 The Priory, Writtle, Chelmsford, Essex, CM1 3JE£415,000£402,000-£13,00020 Apr 202323 Nov 2023217 Days
37 Mayfield Road, Writtle, Chelmsford, Essex, CM1 3EJ£625,000£615,000-£10,00017 Mar 202323 Nov 2023251 Days
31 The Priory, Writtle, Chelmsford, Essex, CM1 3JE£350,000£348,000-£2,00030 Jun 202307 Nov 2023130 Days
37 Rectory Road, Writtle, Chelmsford, Essex, CM1 3HL£380,000£380,000£0020 May 202303 Nov 2023167 Days
35 Long Brandocks, Writtle, Chelmsford, Essex, CM1 3LS£425,000£425,000£0017 Jul 202326 Oct 2023101 Days
30 Victoria Road, Writtle, Chelmsford, Essex, CM1 3PA£325,000£320,000-£5,00023 May 202320 Oct 2023150 Days
121 Ongar Road, Writtle, Chelmsford, Essex, CM1 3ND£399,995£396,995-£3,00026 Apr 202306 Oct 2023163 Days
115 Lodge Road, Writtle, Chelmsford, Essex, CM1 3JA£595,000£561,250-£33,75004 May 202303 Oct 2023152 Days
3 Romans Place, Writtle, Chelmsford, Essex, CM1 3JD£1,250,000£1,215,000-£35,00005 Apr 202329 Sep 2023177 Days
30 Paradise Road, Writtle, Chelmsford, Essex, CM1 3HP£650,000£625,000-£25,00001 Jun 202304 Sep 202395 Days
46 Little Meadow, Writtle, Chelmsford, Essex, CM1 3LG£400,000£370,000-£30,00022 Feb 202330 Aug 2023189 Days
14 Sawney Brook, Writtle, Chelmsford, Essex, CM1 3JH£465,000£455,000-£10,00002 Nov 202211 Aug 2023282 Days
20 Mansfields, Writtle, Chelmsford, Essex, CM1 3NH£450,000£450,000£0021 Apr 202325 Jul 202395 Days
67 Long Brandocks, Writtle, Chelmsford, Essex, CM1 3JL£485,000£485,000£0030 Sep 202224 Jul 2023297 Days
1 Lawford Lane, Writtle, Chelmsford, Essex, CM1 3EA£950,000£925,000-£25,00018 Apr 202321 Jul 202394 Days
43 The Priory, Writtle, Chelmsford, Essex, CM1 3JE£410,000£402,500-£7,50018 Apr 202319 Jul 202392 Days
2 Victoria Road, Writtle, Chelmsford, Essex, CM1 3PA£585,000£577,000-£8,00024 Jan 202328 Jun 2023155 Days
14 Fosters Close, Writtle, Chelmsford, Essex, CM1 3NW£265,000£253,000-£12,00014 Dec 202228 Jun 2023196 Days

Most Expensive Streets in Writtle

PostcodeStreetAreaAverageNo. of Sales
CM1 3DTThe GreenWrittle£1,015,0004
CM1 3EHLordship RoadWrittle£812,5004
CM1 3FLMaple CloseWrittle£800,0009
CM1 3LYRedwood DriveWrittle£731,2504
CM1 3EZRomans WayWrittle£716,2504
CM1 3HBLodge RoadWrittle£699,7504
CM1 3NBPurcell ColeWrittle£626,0205
CM1 3HPParadise RoadWrittle£623,0007
CM1 3EALawford LaneWrittle£606,8754
CM1 3DUThe GreenWrittle£598,3333

Least Expensive Streets in Writtle

PostcodeStreetAreaAverageNo. of Sales
CM1 3EWMelba CourtWrittle£203,88818
CM1 3NYOngar RoadWrittle£236,4166
CM1 3NWFosters CloseWrittle£273,6663
CM1 3LNLaurence CroftWrittle£326,0003
CM1 3HQHunts DriveWrittle£336,2857
CM1 3JEThe PrioryWrittle£339,1666
CM1 3JRLong BrandocksWrittle£343,3336
CM1 3HNRectory RoadWrittle£346,6663
CM1 3LPMillfieldsWrittle£362,39419
CM1 3LWMillfieldsWrittle£363,6254

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