Chelmsford property prices

The average property price in Chelmsford postcode area is £431k. The average price increased by £36.2k (9%) over the last twelve months. The price of an established property is £434k. The price of a newly built property is £387k. There were 9.2k property sales and sales dropped by 12.8% (-1.4k transactions). Most properties were sold in the £300k-£400k price range with 2457 (26.6%) properties sold, followed by £400k-£500k price range with 1618 (17.5%) properties sold.

June 2020 - May 2021

Chelmsford postcode area

England and Wales

£431k

average property price

£332k

average property price

9%

average price percentage change

10%

average price percentage change

£36.2k

average price change

£30.7k

average price change

Chelmsford house prices map

This price map shows the average property price in a given postcode sector between June 2020 - May 2021. The most affordable place was 'CM7 3' with the average price of £259k. The most expensive place was 'CM15 8', £843k.

Chelmsford house prices map

Chelmsford house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between June 2020 - May 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Chelmsford house prices compared to other areasAverage price percentage change
Average property price

Chelmsford house price rank

With the average price of £431k, Chelmsford is the 27. most pricey postcode area out of 105 England and Wales' postcode areas.

Chelmsford house price rank

Chelmsford property sales share by price range

shows a number of properties sold in a given price range between June 2020 - May 2021.

Chelmsford property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.0%1
£50k-£100k0.4%35
£100k-£150k1.8%169
£150k-£200k5.4%495
£200k-£250k9.1%839
£250k-£300k14.1%1.3k
£300k-£400k26.6%2.5k
£400k-£500k17.5%1.6k
£500k-£750k17.4%1.6k
£750k-£1M5.0%458
over £1M2.8%262

Chelmsford cost comparison of new homes and older homes

June 2020 - May 2021

Chelmsford cost comparison of new homes and older homes

£387k

A newly built property

£434k

An established property

Chelmsford cost comparison of houses and flats

June 2020 - May 2021

Chelmsford cost comparison of houses and flats

£618k

Detached

£219k

Flat

£411k

Semi-Detached

£322k

Terraced

Chelmsford real house prices

Yearly average nominal house prices adjusted for inflation.

Chelmsford real house prices

Chelmsford house prices compared to England & Wales' house prices

Yearly average nominal prices

Chelmsford house prices

Chelmsford house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Chelmsford house prices and nearby areas

Yearly average nominal prices

Chelmsford house prices and nearby areas

Chelmsford house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Chelmsford house prices new vs established

Chelmsford house prices by property type

Yearly average nominal prices

Chelmsford house prices by property type

Chelmsford house price to earnings ratio

The median property price to median earnings ratio is ranging between 8.7 in Braintree and 12 in Epping Forest. Ie. Braintree resident with middle-income needs 8.7 gross annual salaries to buy a medium-priced property. Resident in Epping Forest needs 12 annual salaries. The England and Wales ratio was 7.7 in 2019.
Chelmsford house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Braintree8.7
Basildon9
Maldon9.1
Brentwood9.9
Harlow10.3
Chelmsford10.7
Uttlesford11.6
Epping Forest12

Other reports for Chelmsford postcode area

new home prices

property transactions

salary and unemployment

population statistics

home energy certificates

energy costs

home features

crime statistics

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