Housing Market Analysis for NEW STREET, CM1 1PT

Are you looking to understand CM1 1PT house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Chelmsford postcode.

For the location information and nearby amenities in the CM1 1PT area, explore the CM1 1PT Area information page.
For comprehensive crime statistics in the CM1 1PT area, explore the CM1 1PT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 1PT postcode area, The average prices are as follows,

  • Flat
    • The average price is around £185,144 median price is £189,998 Standard Deviation is £39,889 with Total Sold: 24
    • The Last 5 Year average price is £215,214 with Total Sold: 7
    • The most recent sale happened at this postcode is FLAT 2, THE PHOENIX, 41 NEW STREET: £232,500 (Sold on 08 Sep 2023)
    • The first recorded sale happened at this postcode is FLAT 5, THE PHOENIX, 41 NEW STREET: £211,000 (Sold on 19 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 1PT house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£221,750 £3,993 2
2021£207,500 £3,625 2
2020£230,000 £3,770 1
2019£209,000 £3,741 2
2018£210,000 £3,590 2
2017£227,000 £4,214 1
2016£215,000 £3,525 1
2013£135,000 £2,747 1
2007£38,0001
2005£166,000 £2,862 1
2004£179,789 £3,144 5
2003£167,400 £3,041 5

All the Sales in the NEW STREET, CM1 1PT

See the table below for more details on the sold house prices in the CM1 1PT, Chelmsford postcode.

AddressSold DatePrice% Change
FLAT 2, THE PHOENIX, 41 NEW STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-200608 Sep 2023£232,50013.41%
23 Mar 2018£205,00021.30%
21 Nov 2003£169,000First Sale
FLAT 7, THE PHOENIX, 41 NEW STREETFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-200627 Aug 2021£205,000-10.87%
29 Jun 2020£230,0006.98%
12 Aug 2016£215,00013.16%
17 Mar 2004£190,000First Sale
FLAT 5, THE PHOENIX, 41 NEW STREETFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-200611 Jun 2021£210,000-2.33%
12 Apr 2019£215,00020.15%
26 Mar 2004£178,950-15.19%
19 Dec 2023£211,000First Sale
FLAT 9, THE PHOENIX, 41 NEW STREETFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-200615 Mar 2019£203,00023.03%
19 Dec 2003£165,000First Sale
FLAT 10, THE PHOENIX, 41 NEW STREETFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-200620 Dec 2018£215,00013.16%
06 Aug 2004£189,995First Sale
FLAT 8, THE PHOENIX, 41 NEW STREETFlat, LeaseholdArea: 53.87 Sq.mtrAge: 2003-200630 Aug 2017£227,00024.04%
09 Dec 2003£183,000First Sale
FLAT 4, THE PHOENIX, 41 NEW STREETFlat, LeaseholdArea: 49.14 Sq.mtrAge: 2003-200606 Dec 2013£135,000-12.90%
19 Dec 2003£155,000First Sale
THE PHOENIX, 41 NEW STREETFlat, Leasehold22 Nov 2007£38,000First Sale
FLAT 6, THE PHOENIX, 41 NEW STREETFlat, LeaseholdArea: 58 Sq.mtrAge: 2007 onwards12 Aug 2005£166,0000.61%
19 Dec 2003£165,000First Sale
FLAT 1, THE PHOENIX, 41 NEW STREETFlat, LeaseholdArea: 55.08 Sq.mtrAge: 2003-200603 Sep 2004£175,000First Sale
FLAT 3, THE PHOENIX, 41 NEW STREETFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-200614 May 2004£165,000First Sale

Check out the sold house prices near the CM1 1PT postcode. Properties currently for saleProperties currently for rent

NEW STREET, CM1 1PT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 1PT postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CM1 1PT postcode.

  • Flat
    • The average price is around £204,998 median price is £207,225 Standard Deviation is £85,157 with Total Sold: 1,836
    • The Last 5 Year average price is £267,779 with Total Sold: 482
    • The most recent sale happened at this postcode is 4, HODGE COURT BROOMFIELD ROAD: £195,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is 3, HAVENCOURT VICTORIA ROAD: £35,000 (Sold on 20 Feb 1995)
  • Terraced
    • The average price is around £198,392 median price is £188,250 Standard Deviation is £115,065 with Total Sold: 794
    • The Last 5 Year average price is £360,737 with Total Sold: 117
    • The most recent sale happened at this postcode is , 8 RECTORY LANE: £365,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 VICTORIA CRESCENT: £57,000 (Sold on 17 Jan 1995)
  • Other
    • The average price is around £2,475,277 median price is £600,000 Standard Deviation is £6,760,762 with Total Sold: 103
    • The Last 5 Year average price is £1,770,299 with Total Sold: 39
    • The most recent sale happened at this postcode is , JOHN O'DONNELL LTD VICTORIA ROAD: £650,000 (Sold on 30 Jan 2024)
    • The first recorded sale happened at this postcode is , 1 TINDAL SQUARE: £460,000 (Sold on 10 Jan 2013)
  • Detached
    • The average price is around £263,312 median price is £225,000 Standard Deviation is £194,773 with Total Sold: 57
    • The Last 5 Year average price is £443,571 with Total Sold: 7
    • The most recent sale happened at this postcode is , 5 ELMS DRIVE: £335,000 (Sold on 22 Jan 2024)
    • The first recorded sale happened at this postcode is , 102A RECTORY LANE: £76,000 (Sold on 28 Jun 1996)
  • Semi-Detached
    • The average price is around £217,647 median price is £199,500 Standard Deviation is £119,865 with Total Sold: 145
    • The Last 5 Year average price is £395,136 with Total Sold: 22
    • The most recent sale happened at this postcode is , 123 HILL VIEW ROAD: £450,000 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is , 26 BISHOP ROAD: £54,250 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,220 £3,557 25
2023£244,683 £3,986 64
2022£277,434 £4,590 151
2021£280,218 £4,434 122
2020£260,689 £4,143 54
2019£263,984 £4,140 66
2018£273,941 £4,332 98
2017£239,853 £4,036 113
2016£240,747 £4,015 166
2015£224,602 £3,711 188
2014£171,485 £3,169 52
2013£154,439 £2,726 30
2012£169,833 £3,021 18
2011£142,352 £2,787 22
2010£157,250 £2,821 22
2009£142,696 £2,606 27
2008£147,886 £2,882 46
2007£199,181 £3,670 81
2006£172,420 £3,250 54
2005£186,492 £3,202 99
2004£183,689 £3,071 45
2003£145,500 £2,889 27
2002£118,353 £2,337 31
2001£95,271 £1,813 28
2000£100,808 £1,873 65
1999£63,221 £1,265 26
1998£61,564 £1,169 94
1997£43,715 £929 13
1996£36,500 £830 6
1995£35,000 £731 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£374,125 £4,234 8
2023£373,821 £4,730 24
2022£382,215 £4,539 20
2021£342,043 £4,396 23
2020£337,153 £4,155 18
2019£360,895 £4,292 24
2018£371,769 £4,274 13
2017£328,568 £4,084 22
2016£327,819 £3,566 28
2015£316,772 £3,456 38
2014£247,894 £3,187 24
2013£231,176 £2,628 27
2012£202,346 £2,893 14
2011£199,024 £2,660 20
2010£206,759 £2,659 16
2009£196,250 £2,251 16
2008£195,198 £2,690 10
2007£212,538 £2,742 31
2006£196,825 £2,473 35
2005£190,929 £2,378 36
2004£174,359 £2,289 33
2003£166,684 £2,123 31
2002£131,976 £1,708 42
2001£105,801 £1,423 34
2000£102,995 £1,391 31
1999£74,422 £945 37
1998£69,160 £895 46
1997£60,845 £775 34
1996£52,701 £667 26
1995£50,163 £631 33
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£650,0001
2023£471,714 £1,348 7
2022£2,680,000 £40,669 8
2021£4,214,107 £57,104 7
2020£1,012,242 £3,711 12
2019£501,0004
2018£3,519,250 £49,200 12
2017£5,239,235 £3,500 20
2016£734,865 £20,466 13
2015£814,827 £5,068 12
2014£3,184,167 £11,887 6
2013£460,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,000 £6,091 1
2023£340,000 £3,656 1
2022£468,750 £7,045 2
2021£527,500 £3,767 2
2019£437,500 £4,730 1
2017£348,000 £3,107 1
2016£340,0001
2014£840,000 £2,228 1
2013£229,995 £3,796 1
2012£305,000 £3,297 1
2011£298,500 £2,837 2
2010£218,333 £4,862 3
2007£237,500 £3,669 2
2006£318,488 £2,763 4
2005£511,2502
2004£275,000 £2,957 1
2003£188,200 £2,924 5
2002£317,083 £1,580 6
2001£150,5003
2000£173,561 £1,569 4
1999£196,218 £925 4
1998£113,750 £1,046 5
1997£37,000 £836 1
1996£54,167 £1,682 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£401,375 £4,484 4
2022£438,750 £4,567 4
2021£418,900 £4,094 5
2020£378,750 £4,206 2
2019£354,357 £4,299 7
2018£320,000 £3,810 1
2017£342,200 £3,870 5
2016£393,750 £3,306 2
2015£279,786 £3,345 7
2014£278,500 £2,730 2
2013£209,332 £1,753 3
2012£249,000 £2,590 2
2011£270,643 £2,777 7
2010£216,400 £3,217 5
2009£182,667 £2,230 3
2008£223,624 £2,163 4
2007£266,436 £3,166 6
2006£249,026 £2,908 9
2005£174,214 £2,407 7
2004£171,700 £2,408 5
2003£228,333 £4,739 6
2002£135,658 £2,057 6
2001£128,363 £1,735 9
2000£105,994 £1,323 8
1999£88,050 £911 10
1998£70,107 £990 7
1997£63,0001
1996£55,250 £685 5
1995£57,083 £767 3

House Type in CM1 1PT area

The most common house types in the CM1 1PT postcode area are Flat (51), converted building (47), and Terraced (43).

Total155
Flat51
converted building47
Terraced43
Semi-detached7
commercial building4
Shared house3
Detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (89), and Owned: Owns with a mortgage or loan (42).

Private rented: Private landlord or letting agency89
Owned: Owns with a mortgage or loan42
Owned: Owns outright16
Private rented: Other private rented6
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the CM1 1PT have 2 people in household (62), and 1 person in household (54).

2 people in household62
1 person in household54
3 people in household24
4 people in household9
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0