The price of a newly built property is £494k in Chelmsford postcode area. The price increased by £56.0k (13%) over the last twelve months. The price of an established property is £433k. There were 166 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 60 (36.1%) properties sold, followed by £300k-£400k price range with 45 (27.1%) properties sold. Most new homes were sold in CM7 2, with 25 sold to date from October 2023 - September 2024.
October 2023 - September 2024 | Chelmsford postcode area | England & Wales |
---|---|---|
Average price of a new home | £494k | £373k |
Average price change | 13% £56.0k | -5% £-20.3k |
October 2023 - September 2024
New or established | Average price |
---|---|
█ A newly built property | £494k |
█ An established property | £433k |
October 2023 - September 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between October 2023 - September 2024. See also Chelmsford property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £200k-£250k | 1.8% | 3 |
█ £250k-£300k | 3.6% | 6 |
█ £300k-£400k | 27.1% | 45 |
█ £400k-£500k | 26.5% | 44 |
█ £500k-£750k | 36.1% | 60 |
█ £750k-£1M | 3.0% | 5 |
█ over £1M | 1.8% | 3 |
October 2023 - September 2024
October 2023 - September 2024
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year