Housing Market Analysis for MURCHISON CLOSE, CM1 2ER

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

Overview of Sold House prices

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

Flat
- The average price is around £171,848 median price is £167,500 Standard Deviation is £28,835 with Total Sold: 21
- The Last 5 Year average price is £210,000 with Total Sold: 3
- The most recent sale happened at this postcode is 20 MURCHISON CLOSE: £215,000 (Sold on 27 Jan 2023)
- The first recorded sale happened at this postcode is 21 MURCHISON CLOSE: £215,000 (Sold on 16 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 2ER 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£215,000	£3,583	1
2021	£200,000	£3,279	1
2017	£211,250	£3,677	2
2016	£181,750	£3,035	2
2015	£162,500	£2,716	2
2014	£160,000	£2,667	1
2013	£135,000	£2,250	1
2011	£93,000	£1,275	1
2007	£164,422	£2,792	9
2024	£215,000		1

All the Sales in the MURCHISON CLOSE, CM1 2ER

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

Address	Sold Date	Price	% Change
20 MURCHISON CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007 onwards	27 Jan 2023	£215,000	34.38%
	24 Jul 2014	£160,000	1.59%
	27 Sep 2007	£157,500	First Sale
19 MURCHISON CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 2007 onwards	26 Feb 2021	£200,000	22.32%
	19 Feb 2016	£163,500	-2.39%
	27 Sep 2007	£167,500	First Sale
18 MURCHISON CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	17 Nov 2017	£212,500	32.81%
	27 Sep 2007	£160,000	First Sale
17 MURCHISON CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 2007 onwards	13 Jan 2017	£210,000	16.70%
	26 Sep 2007	£179,950	First Sale
21 MURCHISON CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 2007 onwards	28 Jul 2016	£200,000	29.07%
	26 Sep 2007	£154,950	-27.93%
	16 May 2024	£215,000	First Sale
23 MURCHISON CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007 onwards	16 Nov 2015	£167,000	-0.30%
	28 Sep 2007	£167,500	First Sale
15 MURCHISON CLOSEFlat, LeaseholdArea: 59.67 Sq.mtrAge: 2007 onwards	05 Jan 2015	£158,000	-7.03%
	26 Oct 2007	£169,950	First Sale
22 MURCHISON CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007 onwards	08 Jan 2013	£135,000	-19.40%
	21 Sep 2007	£167,500	First Sale
8 MURCHISON CLOSEFlat, LeaseholdArea: 72.95 Sq.mtrAge: 1967-1975	21 Jul 2011	£93,000	First Sale
16 MURCHISON CLOSEFlat, LeaseholdArea: 60.85 Sq.mtrAge: 2007 onwards	27 Sep 2007	£154,950	First Sale

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

MURCHISON CLOSE, CM1 2ER Near By properties

Interactive Map

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

Terraced
- The average price is around £173,747 median price is £165,000 Standard Deviation is £93,252 with Total Sold: 593
- The Last 5 Year average price is £309,913 with Total Sold: 94
- 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)
Semi-Detached
- The average price is around £189,977 median price is £170,000 Standard Deviation is £122,781 with Total Sold: 700
- The Last 5 Year average price is £370,942 with Total Sold: 95
- The most recent sale happened at this postcode is , 3 SUNNINGDALE ROAD: £590,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 104 NORTH AVENUE: £40,000 (Sold on 03 Feb 1995)
Detached
- The average price is around £351,190 median price is £315,000 Standard Deviation is £198,182 with Total Sold: 297
- The Last 5 Year average price is £555,079 with Total Sold: 51
- 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)
Flat
- The average price is around £138,026 median price is £151,000 Standard Deviation is £54,334 with Total Sold: 286
- The Last 5 Year average price is £194,359 with Total Sold: 46
- 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 £216,400 median price is £25,000 Standard Deviation is £320,097 with Total Sold: 5
- The Last 5 Year average price is £80,000 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 CHESTNUTS, 48 CHIGNAL ROAD: £840,000 (Sold on 19 Dec 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£327,000	£2,826	5
2023	£327,692	£4,166	13
2022	£337,481	£4,201	20
2021	£320,062	£3,648	24
2020	£276,885	£3,864	13
2019	£274,009	£3,203	19
2018	£294,700	£3,288	15
2017	£276,372	£3,462	16
2016	£259,110	£3,180	25
2015	£233,720	£2,861	23
2014	£213,045	£2,775	21
2013	£196,960	£2,356	28
2012	£173,800	£2,147	15
2011	£159,808	£1,902	13
2010	£162,466	£1,930	15
2009	£165,833	£1,852	9
2008	£172,567	£1,948	15
2007	£192,443	£2,306	30
2006	£164,222	£1,952	22
2005	£148,375	£1,733	20
2004	£148,362	£1,884	24
2003	£137,156	£1,562	23
2002	£100,189	£1,187	22
2001	£92,431	£1,121	29
2000	£81,415	£946	25
1999	£72,044	£877	19
1998	£57,788	£629	18
1997	£55,383	£649	28
1996	£46,509	£577	23
1995	£47,369	£504	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£383,192	£4,516	13
2023	£358,125	£4,208	8
2022	£438,159	£4,430	22
2021	£365,810	£3,950	21
2020	£317,125	£3,636	16
2019	£333,167	£3,640	15
2018	£302,891	£3,279	23
2017	£324,769	£3,514	13
2016	£260,400	£2,954	18
2015	£276,475	£2,989	20
2014	£221,818	£2,406	22
2013	£216,652	£2,415	19
2012	£209,206	£2,166	17
2011	£224,167	£2,302	21
2010	£198,614	£2,230	22
2009	£177,870	£1,843	18
2008	£216,119	£2,026	21
2007	£212,088	£2,167	32
2006	£206,300	£1,919	30
2005	£177,924	£1,962	27
2004	£153,824	£1,892	36
2003	£162,566	£1,586	24
2002	£123,115	£1,317	33
2001	£106,393	£933	35
2000	£100,706	£1,083	31
1999	£76,269	£865	38
1998	£67,244	£731	30
1997	£56,283	£621	24
1996	£47,516	£519	26
1995	£53,598	£548	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£568,000	£5,982	4
2023	£580,105	£5,279	10
2022	£573,400	£5,462	10
2021	£535,045	£4,665	11
2020	£567,389	£4,661	9
2019	£501,429	£5,116	7
2018	£595,625	£5,155	8
2017	£530,250	£4,345	22
2016	£538,500	£3,844	17
2015	£370,649	£3,333	10
2014	£455,917	£3,544	12
2013	£351,286	£3,091	7
2012	£346,867	£3,339	8
2011	£357,429	£3,251	7
2010	£332,500	£2,973	10
2009	£294,333	£2,510	3
2008	£313,240	£2,663	10
2007	£295,212	£2,421	8
2006	£274,750	£2,487	8
2005	£259,427	£1,702	7
2004	£258,250	£2,139	10
2003	£254,268	£2,169	11
2002	£228,918	£1,631	11
2001	£237,687	£1,879	16
2000	£212,663	£1,570	3
1999	£138,624	£1,205	17
1998	£154,378	£1,496	6
1997	£120,867	£979	12
1996	£116,083	£869	15
1995	£120,844	£976	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£220,000	£4,479	3
2023	£198,167	£3,758	6
2022	£193,889	£3,842	9
2021	£208,955	£3,509	11
2020	£172,429	£3,216	7
2019	£184,100	£3,117	10
2018	£173,800	£3,545	10
2017	£183,090	£3,398	11
2016	£174,874	£3,095	25
2015	£141,607	£2,481	14
2014	£135,333	£2,493	15
2013	£132,167	£2,470	9
2012	£117,688	£2,315	8
2011	£103,800	£1,965	10
2010	£136,900	£2,225	5
2009	£94,195	£2,006	10
2008	£137,575	£2,333	10
2007	£160,056	£2,887	51
2006	£111,950	£1,824	10
2005	£95,750	£1,704	4
2004	£105,250	£2,668	4
2003	£99,625	£1,369	4
2002	£84,000	£1,377	4
2001	£43,875	£905	4
2000	£52,382	£1,005	9
1999	£43,749	£629	4
1998	£42,800	£661	5
1997	£24,495	£626	4
1996	£26,367	£445	6
1995	£28,625	£562	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£112,500	£1,786	2
2019	£15,000	£174	1
2018	£2,000		1
2013	£840,000		1

House Type in CM1 2ER area

The most common house types in the CM1 2ER postcode area are Semi-detached (76), Flat (53), and Detached (44).

Total	180
Semi-detached	76
Flat	53
Detached	44
Terraced	5
Shared house	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (71), and Owned: Owns outright (69).

Owned: Owns with a mortgage or loan	71
Owned: Owns outright	69
Private rented: Private landlord or letting agency	24
Shared ownership: Shared ownership	7
Social rented: Rents from council or Local Authority	4
Social rented: Other social rented	3
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CM1 2ER have 2 people in household (70), and 1 person in household (41).

2 people in household	70
1 person in household	41
3 people in household	30
4 people in household	26
5 people in household	10
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0