The price of a newly built property is £392k in Chelmsford postcode area. The price declined by £-54.2k (-12%) over the last twelve months. The price of an established property is £445k. There were 185 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 56 (30.3%) properties sold, followed by £500k-£750k price range with 35 (18.9%) properties sold. Most new homes were sold in CM20 1, with 92 sold to date from March 2023 - February 2024.
March 2023 - February 2024 | Chelmsford postcode area | England & Wales |
---|---|---|
Average price of a new home | £392k | £431k |
Average price change | -12% £-54.2k | 13% £50.0k |
March 2023 - February 2024
New or established | Average price |
---|---|
█ A newly built property | £392k |
█ An established property | £445k |
March 2023 - February 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 March 2023 - February 2024. See also Chelmsford property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.5% | 1 |
█ £100k-£150k | 2.2% | 4 |
█ £150k-£200k | 5.9% | 11 |
█ £200k-£250k | 12.4% | 23 |
█ £250k-£300k | 13.0% | 24 |
█ £300k-£400k | 30.3% | 56 |
█ £400k-£500k | 11.9% | 22 |
█ £500k-£750k | 18.9% | 35 |
█ £750k-£1M | 4.3% | 8 |
█ over £1M | 0.5% | 1 |
March 2023 - February 2024
March 2023 - February 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