Housing Market Analysis for MEDWAY CLOSE, CM1 2LH

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £205,806 median price is £200,000 Standard Deviation is £97,197 with Total Sold: 24
- The Last 5 Year average price is £385,000 with Total Sold: 2
- The most recent sale happened at this postcode is 26 MEDWAY CLOSE: £420,000 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is 5 MEDWAY CLOSE: £59,950 (Sold on 13 Jan 1997)
Flat
- The average price is around £145,931 median price is £131,000 Standard Deviation is £63,743 with Total Sold: 13
- The Last 5 Year average price is £219,775 with Total Sold: 4
- The most recent sale happened at this postcode is 23 MEDWAY CLOSE: £226,600 (Sold on 27 Nov 2023)
- The first recorded sale happened at this postcode is 20 MEDWAY CLOSE: £33,000 (Sold on 08 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 2LH 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£420,000		1
2021	£350,000	£4,167	1
2018	£258,000	£3,204	2
2017	£340,000	£2,931	1
2016	£299,995	£3,409	1
2015	£250,250	£2,957	2
2014	£230,000	£2,674	2
2013	£256,500	£2,943	2
2011	£171,000	£1,934	1
2007	£206,000		1
2006	£187,500	£2,146	2
2004	£192,995	£1,664	1
2002	£90,000	£1,343	1
2001	£109,475		2
1999	£81,000	£942	1
1998	£75,000	£852	1
1997	£64,950		2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£226,600	£3,192	1
2021	£216,250	£3,116	2
2019	£220,000	£3,729	1
2017	£175,000	£2,966	1
2016	£185,000	£2,569	1
2009	£127,000	£1,764	1
2006	£130,500	£1,813	2
2004	£90,000	£1,268	1
2002	£97,000	£1,426	1
1999	£50,000	£725	1
1995	£33,000	£482	1

All the Sales in the MEDWAY CLOSE, CM1 2LH

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

Address	Sold Date	Price	% Change
26 MEDWAY CLOSESemi-Detached, Freehold	30 Jul 2024	£420,000	58.49%
26 MEDWAY CLOSESemi-Detached, Freehold	03 Jul 2014	£265,000	First Sale
23 MEDWAY CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	27 Nov 2023	£226,600	First Sale
24 MEDWAY CLOSEFlat, LeaseholdArea: 68 Sq.mtrAge: 1950-1966	29 Sep 2021	£227,500	134.54%
24 MEDWAY CLOSEFlat, LeaseholdArea: 68 Sq.mtrAge: 1950-1966	08 Aug 2002	£97,000	First Sale
30 MEDWAY CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	30 Jun 2021	£350,000	First Sale
16 MEDWAY CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	30 Apr 2021	£205,000	56.49%
	13 Jan 2006	£131,000	45.56%
	02 Aug 2004	£90,000	First Sale
11 MEDWAY CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1950-1966	06 Mar 2019	£220,000	25.71%
11 MEDWAY CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1950-1966	27 Oct 2017	£175,000	First Sale
12 MEDWAY CLOSESemi-Detached, LeaseholdArea: 70 Sq.mtrAge: 1950-1966	15 Nov 2018	£200,000	First Sale
7 MEDWAY CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1976-1982	15 Feb 2018	£316,000	80.57%
	19 Jan 2006	£175,000	First Sale
27 MEDWAY CLOSESemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1950-1966	26 May 2017	£340,000	76.17%
	23 Aug 2004	£192,995	First Sale
3 MEDWAY CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	01 Jul 2016	£299,995	299.99%
	16 Jan 1998	£75,000	First Sale
22 MEDWAY CLOSEFlat, LeaseholdArea: 72 Sq.mtrAge: 1950-1966	05 Feb 2016	£185,000	45.67%
22 MEDWAY CLOSEFlat, LeaseholdArea: 72 Sq.mtrAge: 1950-1966	28 Aug 2009	£127,000	First Sale
4 MEDWAY CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	26 Oct 2015	£275,000	First Sale
28 MEDWAY CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	02 Oct 2015	£225,500	First Sale
25 MEDWAY CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	17 Jan 2014	£195,000	First Sale
2 MEDWAY CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	20 Sep 2013	£268,000	34.00%
	29 Jun 2006	£200,000	146.91%
	30 Apr 1999	£81,000	First Sale
8 MEDWAY CLOSESemi-Detached, FreeholdArea: 88.44 Sq.mtrAge: 1950-1966	08 Feb 2013	£245,000	43.27%
	22 Mar 2011	£171,000	First Sale
5 MEDWAY CLOSESemi-Detached, Freehold	01 Mar 2007	£206,000	98.08%
	20 Jul 2001	£104,000	73.48%
	13 Jan 1997	£59,950	First Sale
18 MEDWAY CLOSEFlat, LeaseholdArea: 73 Sq.mtrAge: 1950-1966	17 Nov 2006	£130,000	First Sale
19 MEDWAY CLOSESemi-Detached, LeaseholdArea: 67 Sq.mtrAge: 1950-1966	08 Jul 2002	£90,000	First Sale
6 MEDWAY CLOSESemi-Detached, Freehold	14 Dec 2001	£114,950	64.33%
6 MEDWAY CLOSESemi-Detached, Freehold	30 Jun 1997	£69,950	First Sale
13 MEDWAY CLOSEFlat, LeaseholdArea: 69 Sq.mtrAge: 1950-1966	04 Jun 1999	£50,000	First Sale
20 MEDWAY CLOSEFlat, LeaseholdArea: 68.43 Sq.mtrAge: 1930-1949	08 Dec 1995	£33,000	First Sale

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

MEDWAY CLOSE, CM1 2LH Near By properties

Interactive Map

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

Terraced
- The average price is around £193,083 median price is £183,000 Standard Deviation is £112,747 with Total Sold: 280
- The Last 5 Year average price is £351,500 with Total Sold: 35
- 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 , 23 THAMES AVENUE: £40,500 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £245,269 median price is £225,500 Standard Deviation is £141,768 with Total Sold: 441
- The Last 5 Year average price is £431,633 with Total Sold: 64
- 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 , 16 CLYDE CRESCENT: £43,000 (Sold on 20 Feb 1995)
Detached
- The average price is around £378,510 median price is £346,500 Standard Deviation is £208,491 with Total Sold: 441
- The Last 5 Year average price is £608,294 with Total Sold: 80
- 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 , 35 ROXWELL AVENUE: £77,500 (Sold on 29 Mar 1995)
Flat
- The average price is around £161,146 median price is £164,950 Standard Deviation is £64,971 with Total Sold: 151
- The Last 5 Year average price is £227,158 with Total Sold: 26
- The most recent sale happened at this postcode is 1, UPLEATHAM HOUSE, 7 ROXWELL ROAD: £235,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 82 AVON ROAD: £10,200 (Sold on 21 Aug 1995)
Other
- The average price is around £413,750 median price is £395,000 Standard Deviation is £319,988 with Total Sold: 4
- The Last 5 Year average price is £112,500 with Total Sold: 2
- 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	£363,333	£2,826	3
2023	£320,800	£3,813	5
2022	£331,500	£4,246	5
2021	£360,611	£3,782	18
2020	£305,000	£2,933	2
2019	£425,000	£3,353	2
2018	£321,214	£3,143	7
2017	£308,800	£3,352	5
2016	£301,883	£3,041	9
2015	£227,720	£2,736	14
2014	£223,241	£2,713	12
2013	£234,577	£2,426	13
2012	£227,833	£2,444	6
2011	£238,900	£2,307	5
2010	£208,062	£1,862	8
2009	£183,300	£1,717	5
2008	£166,200	£2,124	5
2007	£221,682	£2,358	14
2006	£198,208	£1,998	12
2005	£151,350	£1,813	10
2004	£168,399	£2,045	15
2003	£143,463	£1,448	15
2002	£198,777	£1,755	18
2001	£116,665	£1,181	12
2000	£88,041	£950	12
1999	£75,000	£870	6
1998	£66,999	£720	6
1997	£58,000	£757	8
1996	£53,306	£584	13
1995	£42,969	£496	15

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£433,571		7
2023	£412,000	£3,842	4
2022	£523,100	£4,973	15
2021	£393,306	£3,957	18
2020	£437,250	£4,138	6
2019	£385,143	£3,773	14
2018	£336,667	£3,294	12
2017	£372,192	£3,606	13
2016	£337,130	£3,438	13
2015	£335,026	£3,262	14
2014	£284,045	£2,849	11
2013	£268,992	£2,694	16
2012	£241,227	£2,297	11
2011	£276,750	£2,655	22
2010	£233,767	£2,356	15
2009	£253,919	£2,315	11
2008	£285,727	£2,487	11
2007	£280,426	£2,558	21
2006	£235,414	£2,089	24
2005	£221,636	£2,080	11
2004	£202,546	£1,883	21
2003	£237,250	£1,956	16
2002	£178,983	£1,611	17
2001	£137,596	£1,315	26
2000	£120,619	£1,162	21
1999	£98,897	£1,012	20
1998	£99,124	£835	12
1997	£64,303	£752	17
1996	£66,559	£603	10
1995	£72,421	£714	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£586,333	£5,982	6
2023	£651,753	£5,119	16
2022	£648,675	£5,892	20
2021	£585,156	£5,031	16
2020	£557,423	£4,567	13
2019	£570,556	£4,881	9
2018	£603,538	£4,913	13
2017	£556,231	£4,324	26
2016	£550,132	£3,972	19
2015	£399,683	£3,476	15
2014	£479,667	£3,816	15
2013	£410,864	£2,936	11
2012	£356,245	£3,239	14
2011	£359,625	£3,079	12
2010	£379,091	£3,496	11
2009	£295,625	£2,406	8
2008	£389,994	£2,741	8
2007	£339,479	£2,603	14
2006	£332,559	£2,668	17
2005	£322,159	£2,171	11
2004	£294,550	£2,388	20
2003	£302,809	£2,456	16
2002	£305,023	£1,927	21
2001	£260,599	£1,817	20
2000	£213,299	£1,223	5
1999	£156,814	£1,378	18
1998	£153,859	£1,362	11
1997	£137,814	£1,025	22
1996	£116,345	£985	21
1995	£113,173	£955	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£263,667	£4,807	3
2023	£254,520	£3,579	5
2022	£241,062	£3,793	8
2021	£218,333	£3,203	3
2020	£159,667	£2,722	3
2019	£195,000	£3,246	4
2018	£226,088	£3,396	8
2017	£181,667	£3,080	9
2016	£196,211	£3,127	9
2015	£172,625	£2,475	4
2014	£129,500	£2,144	3
2013	£158,856	£2,408	7
2012	£146,200	£2,270	5
2011	£136,000	£2,336	1
2010	£139,750	£2,153	6
2009	£148,500	£1,764	2
2008	£168,712	£2,480	4
2007	£160,823	£2,793	13
2006	£142,000	£2,109	8
2005	£165,950	£2,293	5
2004	£148,333	£2,280	6
2003	£124,533	£2,001	3
2002	£155,011	£2,188	14
2001	£55,500	£1,047	3
2000	£64,699	£1,030	5
1999	£44,000	£686	3
1997	£40,333	£684	3
1996	£36,312	£647	2
1995	£21,600	£328	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£112,500	£1,786	2
2018	£590,000	£3,554	1
2013	£840,000		1

House Type in CM1 2LH area

The most common house types in the CM1 2LH postcode area are Detached (46), Semi-detached (18), and Flat (14).

Total	91
Detached	46
Semi-detached	18
Flat	14
Terraced	12
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (34), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	34
Owned: Owns with a mortgage or loan	33
Private rented: Private landlord or letting agency	18
Social rented: Other social rented	5
Social rented: Rents from council or Local Authority	2
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CM1 2LH have 2 people in household (38), and 4 people in household (19).

2 people in household	38
4 people in household	19
1 person in household	13
3 people in household	12
5 people in household	10
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0