The price of a newly built property is £500k in Chelmsford postcode area. The price increased by £65.4k (15%) over the last twelve months. The price of an established property is £438k. There were 213 sales of newly build properties. Most new properties were sold in the £400k-£500k price range with 66 (31.0%) properties sold, followed by £500k-£750k price range with 63 (29.6%) properties sold. Most new homes were sold in CM7 2, with 22 sold to date from December 2023 - November 2024.
| December 2023 - November 2024 | Chelmsford postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £500k | £377k |
Average price change | 15% £65.4k | -5% £-20.2k |
December 2023 - November 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £500k |
| █ An established property | £438k |
December 2023 - November 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 December 2023 - November 2024. See also Chelmsford property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £150k-£200k | 0.5% | 1 |
| █ £200k-£250k | 3.8% | 8 |
| █ £250k-£300k | 4.7% | 10 |
| █ £300k-£400k | 24.9% | 53 |
| █ £400k-£500k | 31.0% | 66 |
| █ £500k-£750k | 29.6% | 63 |
| █ £750k-£1M | 3.8% | 8 |
| █ over £1M | 1.9% | 4 |
December 2023 - November 2024
December 2023 - November 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
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