Housing Market Analysis for ALBANY CLOSE, CM1 2EP

Are you looking to understand CM1 2EP 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 2EP area, explore the CM1 2EP Area information page.
For comprehensive crime statistics in the CM1 2EP area, explore the CM1 2EP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 2EP postcode area, The average prices are as follows,

Terraced
- The average price is around £159,467 median price is £159,950 Standard Deviation is £76,477 with Total Sold: 17
- The Last 5 Year average price is £299,500 with Total Sold: 2
- The most recent sale happened at this postcode is 7 ALBANY CLOSE: £315,000 (Sold on 11 Aug 2023)
- The first recorded sale happened at this postcode is 4 ALBANY CLOSE: £56,000 (Sold on 27 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 2EP 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£315,000	£3,621	1
2019	£284,000	£3,264	1
2017	£260,000	£3,023	1
2015	£225,000	£2,528	1
2013	£190,000	£2,184	1
2012	£150,000	£1,744	1
2010	£163,748	£1,839	2
2009	£168,000	£1,888	1
2006	£158,725	£1,804	2
2003	£139,000		1
2001	£84,250	£938	2
1997	£55,500	£643	3

All the Sales in the ALBANY CLOSE, CM1 2EP

See the table below for more details on the sold house prices in the CM1 2EP, Chelmsford postcode.

Address	Sold Date	Price	% Change
7 ALBANY CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	11 Aug 2023	£315,000	10.92%
	20 Dec 2019	£284,000	77.51%
	29 Oct 2010	£159,995	First Sale
4 ALBANY CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	25 May 2017	£260,000	73.33%
	18 Sep 2012	£150,000	167.86%
	29 May 1997	£56,000	0.0
	27 Mar 1997	£56,000	First Sale
1 ALBANY CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1976-1982	26 Mar 2015	£225,000	33.93%
	14 May 2009	£168,000	5.03%
	03 Feb 2006	£159,950	91.56%
	14 Feb 2001	£83,500	First Sale
2 ALBANY CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	18 Dec 2013	£190,000	20.63%
	12 Oct 2006	£157,500	188.99%
	30 Apr 1997	£54,500	First Sale
5 ALBANY CLOSETerraced, FreeholdArea: 91.1 Sq.mtrAge: 1950-1966	13 Dec 2010	£167,500	First Sale
6 ALBANY CLOSETerraced, Freehold	31 Mar 2003	£139,000	63.53%
6 ALBANY CLOSETerraced, Freehold	15 May 2001	£85,000	First Sale

Check out the sold house prices near the CM1 2EP postcode. Properties currently for saleProperties currently for rent

ALBANY CLOSE, CM1 2EP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 2EP 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 2EP postcode.

Terraced
- The average price is around £168,920 median price is £163,000 Standard Deviation is £89,434 with Total Sold: 611
- The Last 5 Year average price is £304,499 with Total Sold: 92
- The most recent sale happened at this postcode is 12, DERWENT COURT HOBART CLOSE: £400,000 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 14 SCOTTS WALK: £52,000 (Sold on 23 Jan 1995)
Detached
- The average price is around £339,263 median price is £300,000 Standard Deviation is £197,708 with Total Sold: 200
- The Last 5 Year average price is £540,459 with Total Sold: 37
- The most recent sale happened at this postcode is , 91 CHIGNAL ROAD: £700,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 2 HIGHFIELD ROAD: £109,000 (Sold on 12 May 1995)
Semi-Detached
- The average price is around £179,632 median price is £168,000 Standard Deviation is £109,993 with Total Sold: 759
- The Last 5 Year average price is £350,677 with Total Sold: 96
- The most recent sale happened at this postcode is , 20 THAMES AVENUE: £325,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 5 MADELINE PLACE: £52,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £130,475 median price is £135,250 Standard Deviation is £55,739 with Total Sold: 340
- The Last 5 Year average price is £186,306 with Total Sold: 53
- The most recent sale happened at this postcode is , 19 CANBERRA CLOSE: £230,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 107 ST NAZAIRE ROAD: £31,000 (Sold on 30 Mar 1995)
Other
- The average price is around £210,000 median price is £107,500 Standard Deviation is £293,751 with Total Sold: 6
- The Last 5 Year average price is £76,000 with Total Sold: 3
- The most recent sale happened at this postcode is , 41 HIGHFIELD ROAD: £25,000 (Sold on 29 Jul 2022)
- The first recorded sale happened at this postcode is , THE THREE STARS TRENT ROAD: £190,000 (Sold on 02 Dec 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£332,500		7
2023	£326,179	£4,170	14
2022	£330,231	£3,841	16
2021	£309,075	£3,710	20
2020	£280,700	£3,972	15
2019	£272,208	£3,393	20
2018	£289,893	£3,647	14
2017	£275,372	£3,864	16
2016	£253,600	£3,226	25
2015	£229,048	£3,010	23
2014	£200,725	£2,585	20
2013	£192,067	£2,364	29
2012	£171,353	£2,311	17
2011	£162,615	£1,964	13
2010	£165,039	£2,038	18
2009	£169,000	£2,211	7
2008	£174,531	£2,112	16
2007	£188,434	£2,382	31
2006	£161,701	£2,151	22
2005	£152,619	£1,903	21
2004	£148,925	£1,991	27
2003	£128,669	£1,623	24
2002	£107,874	£1,375	31
2001	£93,539	£1,160	25
2000	£76,682	£918	24
1999	£68,972	£922	24
1998	£57,890	£731	21
1997	£53,380	£631	25
1996	£47,355	£626	21
1995	£45,206	£597	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£615,667		3
2023	£537,000	£5,259	9
2022	£620,000	£5,660	5
2021	£478,643	£4,378	7
2020	£585,250	£4,330	6
2019	£479,286	£5,116	7
2018	£549,167	£5,137	6
2017	£562,077	£4,501	13
2016	£476,800	£3,708	15
2015	£376,499	£3,316	6
2014	£422,833	£3,640	6
2013	£292,417	£2,833	6
2012	£296,987	£4,055	5
2011	£312,600	£3,329	10
2010	£322,429	£3,022	7
2009	£242,000	£2,594	4
2008	£273,733	£2,477	6
2007	£290,744	£3,107	9
2006	£260,417	£2,600	6
2005	£250,165	£1,655	6
2004	£259,178	£2,532	4
2003	£198,369	£2,269	8
2002	£181,582	£1,361	6
2001	£178,785	£1,200	7
2000	£169,995	£1,560	1
1999	£93,161	£1,136	9
1998	£111,500	£837	2
1997	£93,530	£740	5
1996	£107,889	£871	9
1995	£108,250	£1,037	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£354,214	£3,956	7
2023	£359,286	£4,176	7
2022	£407,792	£4,411	24
2021	£336,405	£3,952	21
2020	£322,853	£3,669	17
2019	£316,525	£3,499	20
2018	£301,894	£3,215	19
2017	£326,471	£3,767	17
2016	£280,024	£3,390	27
2015	£268,658	£3,008	19
2014	£208,973	£2,358	19
2013	£202,495	£2,453	23
2012	£194,152	£2,193	23
2011	£197,560	£2,325	25
2010	£190,663	£2,171	23
2009	£169,588	£1,936	17
2008	£241,676	£2,099	17
2007	£192,731	£2,253	38
2006	£186,478	£2,062	34
2005	£166,219	£1,903	26
2004	£160,992	£1,956	33
2003	£150,151	£1,744	27
2002	£118,289	£1,409	39
2001	£101,206	£989	40
2000	£98,075	£1,149	31
1999	£80,285	£925	35
1998	£67,759	£734	36
1997	£55,655	£655	29
1996	£51,675	£644	40
1995	£51,190	£568	26

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£220,000	£4,479	3
2023	£176,750	£3,867	8
2022	£185,200	£3,855	10
2021	£195,267	£3,541	15
2020	£172,500	£3,069	6
2019	£180,382	£3,336	11
2018	£166,308	£3,732	13
2017	£176,142	£3,505	14
2016	£172,114	£3,083	25
2015	£137,389	£2,670	18
2014	£137,923	£2,463	13
2013	£125,409	£2,442	11
2012	£118,929	£2,201	7
2011	£106,444	£1,930	9
2010	£127,688	£2,421	8
2009	£94,195	£2,006	10
2008	£131,750	£2,418	13
2007	£158,280	£2,939	53
2006	£111,208	£1,840	12
2005	£91,300	£1,895	5
2004	£109,666	£2,127	6
2003	£95,090	£1,936	11
2002	£84,000	£1,377	4
2001	£54,800	£1,545	5
2000	£49,714	£1,172	14
1999	£38,045	£920	11
1998	£39,812	£829	8
1997	£30,375	£692	4
1996	£31,828	£571	8
1995	£28,300	£703	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£112,500	£1,786	2
2019	£3,000	£30	1
2018	£2,000		1
2013	£515,000		2

House Type in CM1 2EP area

The most common house types in the CM1 2EP postcode area are Flat (89), Terraced (48), and Semi-detached (16).

Total	158
Flat	89
Terraced	48
Semi-detached	16
Detached	5
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (80), and Social rented: Rents from council or Local Authority (23).

Social rented: Other social rented	80
Social rented: Rents from council or Local Authority	23
Owned: Owns outright	21
Owned: Owns with a mortgage or loan	17
Private rented: Private landlord or letting agency	12
Shared ownership: Shared ownership	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CM1 2EP have 1 person in household (73), and 2 people in household (37).

1 person in household	73
2 people in household	37
3 people in household	19
4 people in household	17
5 people in household	5
7 people in household	4
6 people in household	3
0 people in household	0
8 or more people in household	0