Housing Market Analysis for MERSEY WAY, CM1 2LE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £129,943 median price is £152,000 Standard Deviation is £83,550 with Total Sold: 7
    • The most recent sale happened at this postcode is 2 MERSEY WAY: £280,000 (Sold on 17 Aug 2018)
    • The first recorded sale happened at this postcode is 2 MERSEY WAY: £17,600 (Sold on 25 Sep 1995)
  • Semi-Detached
    • The average price is around £98,000 median price is £67,000 Standard Deviation is £48,407 with Total Sold: 5
    • The most recent sale happened at this postcode is 10 MERSEY WAY: £155,000 (Sold on 23 Mar 2012)
    • The first recorded sale happened at this postcode is 1 MERSEY WAY: £54,000 (Sold on 29 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 2LE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£280,000 £3,789 1
2012£171,000 £2,314 1
2010£170,000 £2,716 1
2005£152,000 £2,057 1
2002£56,000 £895 1
1999£63,0001
1995£17,600 £238 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£155,000 £2,149 1
2009£159,0001
1999£67,0001
1997£55,0001
1996£54,0001

All the Sales in the MERSEY WAY, CM1 2LE

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

AddressSold DatePrice% Change
2 MERSEY WAYTerraced, FreeholdArea: 73.9 Sq.mtrAge: 1950-196617 Aug 2018£280,00063.74%
02 Nov 2012£171,00012.50%
07 Oct 2005£152,000763.64%
25 Sep 1995£17,600First Sale
10 MERSEY WAYSemi-Detached, FreeholdArea: 72.14 Sq.mtrAge: 1950-196623 Mar 2012£155,000First Sale
7 MERSEY WAYTerraced, FreeholdArea: 62.6 Sq.mtrAge: 1950-196615 Oct 2010£170,000203.57%
19 Aug 2002£56,000First Sale
9 MERSEY WAYSemi-Detached, Freehold06 Mar 2009£159,000189.09%
02 May 1997£55,000First Sale
6 MERSEY WAYTerraced, Freehold30 Jul 1999£63,000First Sale
1 MERSEY WAYSemi-Detached, Freehold12 Mar 1999£67,00024.07%
29 May 1996£54,000First Sale

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

MERSEY WAY, CM1 2LE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £180,774 median price is £171,000 Standard Deviation is £97,571 with Total Sold: 490
    • The Last 5 Year average price is £325,083 with Total Sold: 72
    • 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 , 115 CHIGNAL ROAD: £87,500 (Sold on 17 Mar 1995)
  • Terraced
    • The average price is around £175,356 median price is £169,998 Standard Deviation is £87,217 with Total Sold: 424
    • The Last 5 Year average price is £302,232 with Total Sold: 72
    • The most recent sale happened at this postcode is , 52 MENDIP ROAD: £325,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 14 SCOTTS WALK: £52,000 (Sold on 23 Jan 1995)
  • Flat
    • The average price is around £140,675 median price is £149,975 Standard Deviation is £48,645 with Total Sold: 64
    • The Last 5 Year average price is £188,091 with Total Sold: 11
    • The most recent sale happened at this postcode is , 17 CHILTERN CLOSE: £165,000 (Sold on 13 Oct 2023)
    • The first recorded sale happened at this postcode is , 16 TRENT ROAD: £26,500 (Sold on 16 Aug 1996)
  • Detached
    • The average price is around £275,726 median price is £250,000 Standard Deviation is £156,445 with Total Sold: 99
    • The Last 5 Year average price is £508,250 with Total Sold: 10
    • The most recent sale happened at this postcode is , 121 CHIGNAL ROAD: £485,000 (Sold on 04 Sep 2023)
    • The first recorded sale happened at this postcode is , 2 TUPMAN CLOSE: £84,500 (Sold on 12 May 1995)
  • Other
    • The average price is around £97,667 median price is £100,000 Standard Deviation is £76,360 with Total Sold: 3
    • The Last 5 Year average price is £3,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 170 CHIGNAL ROAD: £3,000 (Sold on 19 Dec 2019)
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£346,571 £4,038 7
2023£342,438 £4,160 8
2022£346,393 £4,452 14
2021£322,029 £3,854 17
2020£311,542 £3,744 12
2019£298,429 £3,583 14
2018£315,700 £3,946 15
2017£298,346 £3,782 13
2016£293,408 £3,489 18
2015£251,794 £3,138 17
2014£224,560 £2,421 15
2013£192,872 £2,481 17
2012£189,466 £2,191 15
2011£167,909 £2,084 11
2010£170,771 £2,051 12
2009£175,909 £2,168 11
2008£202,350 £2,200 10
2007£185,225 £2,256 22
2006£167,531 £2,000 22
2005£163,684 £1,997 16
2004£160,830 £2,002 22
2003£145,216 £1,696 24
2002£114,241 £1,377 28
2001£101,677 £1,145 22
2000£96,493 £1,251 15
1999£71,878 £876 21
1998£59,994 £730 19
1997£48,071 £482 15
1996£51,377 £671 26
1995£55,083 £596 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£319,0628
2023£334,750 £4,385 10
2022£324,091 £4,211 11
2021£291,361 £4,290 18
2020£287,888 £3,695 16
2019£271,667 £3,841 9
2018£277,200 £3,750 10
2017£274,885 £3,509 13
2016£251,656 £3,244 16
2015£235,184 £3,041 19
2014£202,318 £2,819 22
2013£181,158 £2,273 18
2012£177,579 £2,298 19
2011£163,375 £2,338 4
2010£172,500 £2,168 8
2009£147,500 £1,413 4
2008£173,045 £2,137 11
2007£183,449 £2,365 17
2006£163,550 £2,267 20
2005£154,071 £1,951 14
2004£142,010 £1,761 19
2003£133,803 £1,632 13
2002£111,436 £1,325 18
2001£94,150 £1,289 20
2000£81,638 £966 18
1999£72,410 £979 18
1998£60,020 £717 10
1997£51,139 £599 14
1996£42,608 £488 15
1995£44,646 £465 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£176,000 £3,691 3
2022£176,250 £4,015 2
2021£215,250 £3,381 4
2020£162,500 £3,552 1
2019£165,000 £3,885 1
2018£174,000 £3,818 5
2017£190,498 £3,890 2
2016£155,500 £3,607 3
2015£140,000 £2,679 2
2014£136,250 £2,699 2
2013£115,000 £2,303 2
2012£111,500 £2,593 1
2011£115,500 £2,679 2
2010£154,250 £2,563 2
2009£94,825 £2,294 6
2008£114,375 £2,455 4
2007£163,942 £3,300 13
2006£122,000 £2,000 1
2004£101,250 £1,591 2
2003£104,995 £1,750 1
1999£53,000 £630 2
1998£36,500 £608 1
1996£26,750 £429 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£495,000 £4,722 3
2022£490,000 £3,603 1
2021£726,250 £3,851 2
2020£360,000 £3,158 1
2019£431,667 £4,510 3
2018£714,340 £3,153 3
2017£350,750 £4,522 4
2016£424,399 £3,778 5
2015£310,000 £3,298 1
2014£305,000 £3,081 1
2013£247,214 £2,630 7
2012£317,500 £3,703 2
2011£276,417 £3,313 6
2010£249,000 £2,243 5
2009£220,500 £2,178 5
2008£252,333 £1,975 3
2007£360,917 £3,396 6
2006£209,875 £1,865 4
2005£251,625 £1,938 4
2004£250,428 £2,895 4
2003£172,500 £2,053 2
2002£163,700 £1,432 5
2001£153,500 £1,180 5
2000£151,165 £851 3
1999£113,862 £884 4
1998£115,000 £1,139 2
1997£82,850 £740 2
1996£90,374 £816 4
1995£96,2502
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£3,000 £30 1
2016£100,000 £408 1
2013£190,0001

House Type in CM1 2LE area

The most common house types in the CM1 2LE postcode area are Terraced (46), Semi-detached (38), and Detached (1).

Total86
Terraced46
Semi-detached38
Detached1
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (31), and Social rented: Other social rented (23).

Owned: Owns with a mortgage or loan31
Social rented: Other social rented23
Owned: Owns outright22
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority4
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the CM1 2LE have 2 people in household (26), and 4 people in household (19).

2 people in household26
4 people in household19
1 person in household17
3 people in household14
5 people in household8
8 or more people in household3
6 people in household1
0 people in household0
7 people in household0