Housing Market Analysis for SOMERSET PLACE, CM1 4AH

Are you looking to understand CM1 4AH 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 4AH area, explore the CM1 4AH Area information page.
For comprehensive crime statistics in the CM1 4AH area, explore the CM1 4AH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 4AH postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £19,200 median price is £19,200 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 SOMERSET PLACE: £19,200 (Sold on 08 Jan 1996)
    • The first recorded sale happened at this postcode is 8 SOMERSET PLACE: £19,200 (Sold on 08 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 4AH 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
1996£19,2001

All the Sales in the SOMERSET PLACE, CM1 4AH

See the table below for more details on the sold house prices in the CM1 4AH, Chelmsford postcode.

AddressSold DatePrice% Change
8 SOMERSET PLACETerraced, Freehold08 Jan 1996£19,200First Sale

Check out the sold house prices near the CM1 4AH postcode. Properties currently for saleProperties currently for rent

SOMERSET PLACE, CM1 4AH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 4AH 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 4AH postcode.

  • Terraced
    • The average price is around £219,216 median price is £215,000 Standard Deviation is £113,790 with Total Sold: 343
    • The Last 5 Year average price is £326,350 with Total Sold: 67
    • The most recent sale happened at this postcode is , 17 MAIN ROAD: £350,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 RUTLAND ROAD: £51,000 (Sold on 09 Feb 1995)
  • Detached
    • The average price is around £342,118 median price is £315,000 Standard Deviation is £191,055 with Total Sold: 338
    • The Last 5 Year average price is £562,434 with Total Sold: 59
    • The most recent sale happened at this postcode is , 80 NALLA GARDENS: £545,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 34 MAIN ROAD: £93,500 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £225,369 median price is £217,750 Standard Deviation is £118,898 with Total Sold: 850
    • The Last 5 Year average price is £372,909 with Total Sold: 158
    • The most recent sale happened at this postcode is , 130 PATCHING HALL LANE: £525,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 48 BERWICK AVENUE: £65,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £161,781 median price is £158,000 Standard Deviation is £81,145 with Total Sold: 128
    • The Last 5 Year average price is £239,292 with Total Sold: 24
    • The most recent sale happened at this postcode is , 3 LITTLE ORCHARDS: £322,500 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 112 RUTLAND ROAD: £23,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £1,026,280 median price is £355,250 Standard Deviation is £1,504,519 with Total Sold: 6
    • The Last 5 Year average price is £337,875 with Total Sold: 4
    • The most recent sale happened at this postcode is , 23 HEARSALL AVENUE: £315,000 (Sold on 21 Dec 2023)
    • The first recorded sale happened at this postcode is , 74 MAIN ROAD: £4,389,680 (Sold on 21 Mar 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£317,8128
2023£332,260 £4,517 6
2022£358,025 £4,292 12
2021£323,163 £3,802 19
2020£322,214 £3,603 14
2019£297,750 £3,814 8
2018£305,342 £3,741 12
2017£326,167 £3,934 15
2016£284,908 £3,449 11
2015£296,434 £3,201 26
2014£299,348 £3,160 33
2013£229,318 £2,577 11
2012£180,890 £3,013 5
2011£214,249 £2,203 6
2010£212,598 £2,389 5
2009£195,429 £2,566 7
2008£185,874 £2,582 12
2007£185,207 £2,917 7
2006£212,246 £2,612 14
2005£156,000 £2,367 4
2004£168,233 £2,099 15
2003£152,999 £2,128 8
2002£86,206 £1,791 5
2001£105,733 £1,550 12
2000£83,267 £1,347 9
1999£79,841 £1,122 11
1998£61,932 £941 12
1997£60,287 £809 17
1996£48,189 £591 9
1995£50,669 £957 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£578,3333
2023£715,625 £5,881 8
2022£535,688 £4,917 8
2021£551,006 £4,147 16
2020£514,500 £4,278 10
2019£534,071 £4,441 14
2018£507,308 £4,340 13
2017£474,499 £4,526 8
2016£469,111 £4,166 9
2015£501,528 £3,629 18
2014£419,040 £3,516 25
2013£363,631 £3,290 8
2012£348,500 £2,893 12
2011£334,962 £3,014 13
2010£320,833 £3,493 3
2009£387,150 £2,438 5
2008£299,688 £2,292 12
2007£329,107 £2,835 14
2006£291,246 £2,550 14
2005£268,708 £2,278 8
2004£290,625 £2,079 12
2003£239,216 £2,155 16
2002£173,222 £1,879 11
2001£179,964 £1,380 14
2000£160,011 £1,202 13
1999£127,385 £982 11
1998£130,750 £1,084 6
1997£111,770 £823 9
1996£102,985 £1,000 13
1995£100,875 £918 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£346,227 £4,079 11
2023£390,914 £5,132 29
2022£388,620 £4,974 32
2021£377,648 £4,611 31
2020£329,598 £4,245 23
2019£376,594 £4,293 32
2018£347,652 £4,227 23
2017£368,210 £4,247 31
2016£312,898 £3,980 27
2015£305,305 £3,423 41
2014£277,323 £3,228 30
2013£228,025 £3,050 26
2012£213,567 £2,868 26
2011£195,420 £2,687 25
2010£237,925 £2,783 26
2009£190,028 £2,340 16
2008£218,426 £2,652 18
2007£219,325 £2,727 33
2006£214,030 £2,512 40
2005£204,799 £2,606 35
2004£189,394 £2,202 31
2003£184,891 £2,287 32
2002£134,558 £1,772 28
2001£108,964 £1,460 28
2000£97,404 £1,255 25
1999£86,237 £1,088 34
1998£75,022 £986 27
1997£63,193 £828 36
1996£58,274 £717 31
1995£59,805 £841 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,833 £4,173 3
2023£230,000 £3,461 2
2022£198,750 £3,169 4
2021£251,222 £3,658 9
2020£235,500 £3,474 3
2019£221,000 £3,292 3
2018£260,600 £3,152 5
2017£211,125 £3,253 4
2016£189,250 £2,647 8
2015£161,288 £2,632 4
2014£179,249 £2,366 10
2013£156,000 £2,326 7
2012£138,143 £2,168 7
2011£143,333 £3,561 3
2010£153,667 £2,118 3
2009£157,000 £1,906 2
2008£125,125 £1,895 8
2007£116,750 £2,125 2
2006£214,083 £2,610 6
2005£209,271 £2,481 7
2004£129,667 £1,989 3
2003£122,500 £1,750 1
2002£78,133 £548 3
2001£75,998 £1,235 2
2000£46,347 £636 7
1999£53,000 £900 2
1998£38,0001
1997£24,250 £327 2
1996£41,250 £630 2
1995£24,128 £286 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£315,000 £4,922 1
2020£345,500 £2,619 3
2017£2,403,090 £29,488 2

House Type in CM1 4AH area

The most common house types in the CM1 4AH postcode area are Semi-detached (75), Terraced (27), and Flat (18).

Total124
Semi-detached75
Terraced27
Flat18
Detached3
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (39), and Owned: Owns outright (29).

Owned: Owns with a mortgage or loan39
Owned: Owns outright29
Social rented: Other social rented28
Social rented: Rents from council or Local Authority13
Private rented: Private landlord or letting agency12
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 4AH have 1 person in household (31), and 2 people in household (30).

1 person in household31
2 people in household30
4 people in household27
3 people in household14
5 people in household12
6 people in household6
7 people in household3
0 people in household0
8 or more people in household0