Housing Market Analysis for PENROSE MEAD, CM1 3GD

Are you looking to understand CM1 3GD 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 3GD area, explore the CM1 3GD Area information page.
For comprehensive crime statistics in the CM1 3GD area, explore the CM1 3GD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 3GD postcode area, The average prices are as follows,

  • Detached
    • The average price is around £527,333 median price is £285,000 Standard Deviation is £357,501 with Total Sold: 6
    • The Last 5 Year average price is £1,050,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 PENROSE MEAD: £1,050,000 (Sold on 11 Aug 2022)
    • The first recorded sale happened at this postcode is 1 PENROSE MEAD: £290,000 (Sold on 12 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 3GD 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,050,000 £6,250 1
2017£1,015,000 £5,428 1
1998£280,0001
1996£273,000 £1,591 3

All the Sales in the PENROSE MEAD, CM1 3GD

See the table below for more details on the sold house prices in the CM1 3GD, Chelmsford postcode.

AddressSold DatePrice% Change
2 PENROSE MEADDetached, FreeholdArea: 168 Sq.mtrAge: 1991-199511 Aug 2022£1,050,000283.21%
16 Jan 1996£274,000First Sale
1 PENROSE MEADDetached, FreeholdArea: 187 Sq.mtrAge: 1996-200214 Jul 2017£1,015,000250.00%
12 Jan 1996£290,000First Sale
3 PENROSE MEADDetached, Freehold17 Apr 1998£280,0009.80%
23 Feb 1996£255,000First Sale

Check out the sold house prices near the CM1 3GD postcode. Properties currently for saleProperties currently for rent

PENROSE MEAD, CM1 3GD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 3GD 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 3GD postcode.

  • Terraced
    • The average price is around £246,294 median price is £227,000 Standard Deviation is £157,670 with Total Sold: 315
    • The Last 5 Year average price is £414,270 with Total Sold: 58
    • The most recent sale happened at this postcode is , 76 LITTLE MEADOW: £340,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 79 MILLFIELDS: £56,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £120,600 median price is £120,995 Standard Deviation is £65,472 with Total Sold: 355
    • The Last 5 Year average price is £213,621 with Total Sold: 29
    • The most recent sale happened at this postcode is , 56 MELBA COURT: £162,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 13 MELBA COURT: £48,500 (Sold on 02 Feb 1995)
  • Semi-Detached
    • The average price is around £253,967 median price is £236,000 Standard Deviation is £156,659 with Total Sold: 343
    • The Last 5 Year average price is £431,564 with Total Sold: 50
    • The most recent sale happened at this postcode is , 5 LONG BRANDOCKS: £463,200 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 127 LODGE ROAD: £77,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £517,972 median price is £415,000 Standard Deviation is £409,133 with Total Sold: 9
    • The Last 5 Year average price is £551,458 with Total Sold: 6
    • The most recent sale happened at this postcode is , 23 THE GREEN: £1,425,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 14 THE GREEN: £28,000 (Sold on 18 Jul 2014)
  • Detached
    • The average price is around £465,178 median price is £395,000 Standard Deviation is £321,945 with Total Sold: 253
    • The Last 5 Year average price is £718,851 with Total Sold: 46
    • The most recent sale happened at this postcode is , 89 LODGE ROAD: £890,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 24 PARADISE ROAD: £100,000 (Sold on 06 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,0002
2023£468,393 £4,380 14
2022£393,500 £4,414 11
2021£416,614 £4,226 19
2020£343,750 £3,948 4
2019£395,125 £3,871 8
2018£364,938 £3,667 8
2017£378,091 £3,726 11
2016£364,033 £3,297 15
2015£298,212 £3,455 13
2014£286,522 £3,106 13
2013£290,818 £2,851 11
2012£245,050 £2,496 6
2011£283,056 £2,992 10
2010£223,396 £2,602 10
2009£211,333 £2,259 5
2008£236,200 £2,233 5
2007£261,765 £2,840 13
2006£194,625 £2,261 8
2005£180,667 £1,983 6
2004£267,339 £2,824 12
2003£208,333 £2,426 9
2002£155,449 £1,825 10
2001£131,735 £1,639 17
2000£130,624 £1,604 10
1999£106,531 £1,099 14
1998£81,338 £1,143 22
1997£72,345 £706 11
1996£62,182 £762 11
1995£64,993 £1,097 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£138,500 £4,600 2
2023£350,000 £5,469 1
2022£222,357 £4,771 7
2021£216,700 £4,341 10
2020£207,000 £4,848 4
2019£203,300 £3,381 5
2018£195,000 £3,997 6
2017£228,111 £4,095 9
2016£191,350 £3,747 10
2015£167,439 £3,343 9
2014£151,727 £2,971 11
2013£153,667 £3,514 3
2012£149,795 £2,550 10
2011£157,700 £2,239 5
2010£145,733 £2,758 6
2009£138,875 £2,579 8
2008£156,957 £2,986 9
2007£175,500 £3,211 22
2006£143,766 £2,854 15
2005£131,571 £3,126 7
2004£137,416 £3,075 18
2003£120,384 £2,661 13
2002£113,785 £1,928 21
2001£83,269 £1,865 13
2000£72,359 £1,550 25
1999£66,547 £1,379 20
1998£57,949 £1,208 27
1997£51,967 £1,168 25
1996£47,015 £878 13
1995£52,200 £1,155 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£506,1405
2023£383,286 £5,206 7
2022£526,429 £5,471 7
2021£444,533 £4,728 15
2020£469,929 £4,233 7
2019£302,444 £3,601 9
2018£346,800 £4,252 10
2017£478,660 £4,500 10
2016£429,042 £3,660 12
2015£299,286 £3,438 7
2014£317,500 £3,354 13
2013£297,071 £2,689 14
2012£321,111 £2,665 9
2011£275,269 £2,788 13
2010£244,666 £2,512 12
2009£296,714 £2,647 7
2008£293,650 £2,358 10
2007£268,812 £2,396 8
2006£263,825 £2,248 20
2005£272,277 £2,346 9
2004£193,049 £2,547 16
2003£214,344 £1,715 10
2002£187,662 £1,869 13
2001£150,807 £1,561 13
2000£129,458 £1,335 18
1999£99,661 £1,045 13
1998£87,199 £493 12
1997£74,806 £813 20
1996£73,250 £800 14
1995£62,618 £760 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£733,333 £4,415 3
2021£368,750 £3,962 2
2020£371,2511
2017£662,500 £2,713 2
2014£28,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£681,2504
2023£624,250 £6,193 5
2022£892,100 £5,774 10
2021£746,838 £5,064 16
2020£553,000 £4,864 6
2019£606,500 £4,455 5
2018£802,000 £4,533 6
2017£752,909 £5,597 11
2016£611,500 £4,654 10
2015£583,750 £4,578 6
2014£445,071 £5,266 7
2013£602,563 £3,847 15
2012£475,062 £4,039 8
2011£355,167 £3,701 3
2010£385,700 £3,433 5
2009£624,167 £3,234 6
2008£415,000 £3,392 3
2007£294,583 £2,850 6
2006£472,111 £2,688 9
2005£337,197 £2,983 15
2004£406,272 £3,177 9
2003£412,700 £2,920 10
2002£426,853 £2,362 17
2001£247,500 £1,759 6
2000£166,969 £1,500 8
1999£229,825 £1,529 10
1998£208,500 £1,076 5
1997£213,143 £1,548 7
1996£186,846 £1,323 13
1995£148,000 £1,243 12

House Type in CM1 3GD area

The most common house types in the CM1 3GD postcode area are Detached (67), Semi-detached (31), and Terraced (23).

Total144
Detached67
Semi-detached31
Terraced23
Flat23
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (78), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright78
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency9
Social rented: Other social rented4
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CM1 3GD have 2 people in household (52), and 1 person in household (39).

2 people in household52
1 person in household39
4 people in household24
3 people in household22
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0