Housing Market Analysis for MERDLE SQUARE, CM1 4WG

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £213,227 median price is £248,000 Standard Deviation is £74,333 with Total Sold: 11
- The most recent sale happened at this postcode is 8 MERDLE SQUARE: £252,500 (Sold on 09 Jun 2015)
- The first recorded sale happened at this postcode is 4 MERDLE SQUARE: £145,000 (Sold on 30 Jun 2000)
Detached
- The average price is around £232,625 median price is £234,500 Standard Deviation is £84,964 with Total Sold: 4
- The most recent sale happened at this postcode is 2 MERDLE SQUARE: £350,000 (Sold on 23 Jul 2009)
- The first recorded sale happened at this postcode is 2 MERDLE SQUARE: £249,000 (Sold on 29 Jun 2000)
Terraced
- The average price is around £171,600 median price is £145,000 Standard Deviation is £39,220 with Total Sold: 5
- The most recent sale happened at this postcode is 3 MERDLE SQUARE: £243,000 (Sold on 26 Nov 2004)
- The first recorded sale happened at this postcode is 3 MERDLE SQUARE: £140,000 (Sold on 28 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 4WG 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
2015	£251,250	£4,052	2
2013	£250,000	£3,125	1
2012	£260,000	£3,023	1
2009	£248,000	£2,371	1
2007	£375,000		1
2002	£167,995		1
2000	£135,500	£1,386	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£350,000	£2,212	1
2000	£193,500	£1,920	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£243,000		1
2001	£185,000		1
2000	£143,333	£1,749	3

All the Sales in the MERDLE SQUARE, CM1 4WG

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

Address	Sold Date	Price	% Change
8 MERDLE SQUARESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1996-2002	09 Jun 2015	£252,500	1.00%
	09 Jun 2015	£250,000	124.22%
	28 Jul 2000	£111,500	First Sale
12 MERDLE SQUARESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1996-2002	07 Nov 2013	£250,000	72.41%
	23 Nov 2000	£145,000	First Sale
5 MERDLE SQUARESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1996-2002	15 Aug 2012	£260,000	First Sale
4 MERDLE SQUARESemi-Detached, FreeholdArea: 104.6 Sq.mtrAge: 1996-2002	10 Dec 2009	£248,000	71.03%
	30 Jun 2000	£145,000	First Sale
2 MERDLE SQUAREDetached, FreeholdArea: 158.22 Sq.mtrAge: 1996-2002	23 Jul 2009	£350,000	40.56%
	29 Jun 2000	£249,000	First Sale
13 MERDLE SQUARESemi-Detached, Freehold	22 Jul 2007	£375,000	First Sale
3 MERDLE SQUARETerraced, Freehold	26 Nov 2004	£243,000	73.57%
3 MERDLE SQUARETerraced, Freehold	28 Jun 2000	£140,000	First Sale
9 MERDLE SQUARESemi-Detached, Freehold	26 Jun 2002	£167,995	15.86%
9 MERDLE SQUARESemi-Detached, Freehold	24 Nov 2000	£145,000	First Sale
15 MERDLE SQUARETerraced, Freehold	14 Feb 2001	£185,000	First Sale
14 MERDLE SQUAREDetached, FreeholdArea: 92.16 Sq.mtrAge: 1996-2002	20 Dec 2000	£220,000	First Sale
10 MERDLE SQUARETerraced, FreeholdArea: 86 Sq.mtrAge: 1996-2002	24 Nov 2000	£145,000	First Sale
6 MERDLE SQUARESemi-Detached, Freehold	10 Oct 2000	£140,000	First Sale
7 MERDLE SQUARESemi-Detached, Freehold	21 Jul 2000	£112,000	First Sale

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

MERDLE SQUARE, CM1 4WG Near By properties

Interactive Map

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

Terraced
- The average price is around £174,872 median price is £159,748 Standard Deviation is £99,894 with Total Sold: 462
- The Last 5 Year average price is £324,350 with Total Sold: 52
- The most recent sale happened at this postcode is , 28 WELLER GROVE: £565,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 87 WEST AVENUE: £43,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £187,955 median price is £177,000 Standard Deviation is £107,501 with Total Sold: 581
- The Last 5 Year average price is £353,346 with Total Sold: 65
- The most recent sale happened at this postcode is , 61 NORTH AVENUE: £310,000 (Sold on 16 Aug 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 £304,663 median price is £270,000 Standard Deviation is £171,861 with Total Sold: 537
- The Last 5 Year average price is £559,215 with Total Sold: 65
- The most recent sale happened at this postcode is , 20 LITTLE NELL: £635,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 6 TAPLEY ROAD: £65,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £110,468 median price is £111,000 Standard Deviation is £53,483 with Total Sold: 295
- The Last 5 Year average price is £189,903 with Total Sold: 31
- The most recent sale happened at this postcode is , 28 KELVEDON CLOSE: £250,000 (Sold on 06 Mar 2024)
- The first recorded sale happened at this postcode is , 59 TUGBY PLACE: £42,500 (Sold on 27 Jan 1995)
Other
- The average price is around £231,438 median price is £215,250 Standard Deviation is £226,075 with Total Sold: 4
- The Last 5 Year average price is £14,000 with Total Sold: 1
- The most recent sale happened at this postcode is GARAGE, 5 DROOD CLOSE: £14,000 (Sold on 20 May 2022)
- The first recorded sale happened at this postcode is , 26 FLINTWICH MANOR: £495,000 (Sold on 31 Mar 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,000		2
2023	£357,615	£4,696	13
2022	£349,620	£4,572	10
2021	£303,286	£4,116	7
2020	£290,714	£4,112	7
2019	£283,308	£3,582	13
2018	£336,175	£3,895	14
2017	£289,971	£3,873	17
2016	£263,833	£3,444	15
2015	£292,349	£3,357	17
2014	£221,014	£3,106	7
2013	£184,899	£2,591	13
2012	£190,917	£2,395	12
2011	£178,380	£2,506	13
2010	£165,944	£2,520	9
2009	£170,635	£2,334	11
2008	£180,200	£2,257	10
2007	£188,372	£2,368	16
2006	£174,996	£2,507	24
2005	£163,583	£2,098	18
2004	£169,921	£2,164	26
2003	£156,978	£1,891	19
2002	£120,087	£1,590	23
2001	£98,865	£1,380	30
2000	£103,000	£1,138	31
1999	£84,493	£1,204	17
1998	£61,152	£910	18
1997	£56,775	£791	20
1996	£49,640	£787	21
1995	£48,112	£723	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£358,800	£4,055	5
2023	£357,938	£4,054	8
2022	£378,458	£4,359	12
2021	£347,889	£4,062	18
2020	£308,500	£3,776	8
2019	£359,893	£4,140	14
2018	£310,766	£3,674	15
2017	£368,500	£3,712	15
2016	£259,062	£3,024	16
2015	£295,658	£3,243	19
2014	£237,281	£2,787	16
2013	£218,000	£2,650	12
2012	£196,903	£2,486	17
2011	£205,619	£2,577	21
2010	£207,938	£2,226	17
2009	£178,567	£2,136	15
2008	£203,608	£2,511	18
2007	£204,393	£2,382	25
2006	£203,158	£2,370	25
2005	£174,413	£2,227	23
2004	£190,712	£2,174	28
2003	£156,611	£1,830	18
2002	£132,429	£1,369	25
2001	£110,307	£1,252	27
2000	£135,058	£1,281	43
1999	£86,356	£1,115	34
1998	£67,875	£762	18
1997	£57,723	£708	28
1996	£54,386	£682	26
1995	£45,509	£513	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£565,000		2
2023	£612,219	£5,409	16
2022	£590,654	£4,950	13
2021	£512,694	£4,196	18
2020	£524,643	£4,631	7
2019	£538,222	£4,423	9
2018	£522,472	£4,246	23
2017	£504,533	£4,214	15
2016	£470,588	£3,862	17
2015	£439,321	£3,584	14
2014	£367,750	£2,984	10
2013	£331,912	£2,821	17
2012	£330,754	£2,937	19
2011	£310,958	£3,062	12
2010	£290,500	£2,950	10
2009	£300,794	£2,790	17
2008	£283,047	£2,488	16
2007	£335,857	£2,851	21
2006	£303,172	£2,513	20
2005	£263,937	£2,263	16
2004	£276,676	£2,435	25
2003	£250,432	£2,021	23
2002	£192,027	£1,457	16
2001	£202,417	£1,592	45
2000	£196,109	£1,588	39
1999	£150,741	£1,259	32
1998	£135,041	£1,055	12
1997	£103,964	£854	17
1996	£102,245	£998	22
1995	£94,996	£885	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£267,500	£4,173	2
2023	£235,000	£4,525	2
2022	£181,929	£3,985	7
2021	£208,938	£4,180	8
2020	£220,250	£4,278	2
2019	£149,650	£3,780	10
2018	£181,833	£3,825	6
2017	£173,321	£3,927	7
2016	£150,583	£3,104	6
2015	£145,666	£2,964	6
2014	£139,667	£2,869	12
2013	£121,857	£2,630	7
2012	£136,115	£2,674	13
2011	£137,357	£2,880	7
2010	£112,833	£2,519	6
2009	£107,875	£2,003	4
2008	£108,200	£2,431	10
2007	£136,688	£3,187	8
2006	£125,656	£2,477	16
2005	£129,370	£2,529	12
2004	£122,495	£2,632	15
2003	£116,900	£2,112	10
2002	£99,562	£2,088	16
2001	£68,570	£1,618	14
2000	£66,050	£1,440	33
1999	£64,575	£1,212	23
1998	£48,900	£1,037	5
1997	£42,250	£924	9
1996	£34,534	£778	12
1995	£35,546	£825	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£14,000		1
2018	£250		1
2017	£455,750	£6,124	2

House Type in CM1 4WG area

The most common house types in the CM1 4WG postcode area are Detached (33), Terraced (33), and Flat (30).

Total	123
Detached	33
Terraced	33
Flat	30
Semi-detached	26
commercial building	1
Shared house	0
converted 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 (46), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan	46
Owned: Owns outright	39
Private rented: Private landlord or letting agency	21
Social rented: Other social rented	12
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the CM1 4WG have 2 people in household (33), and 1 person in household (30).

2 people in household	33
1 person in household	30
3 people in household	29
4 people in household	23
6 people in household	4
5 people in household	3
7 people in household	1
8 or more people in household	1
0 people in household	0