Housing Market Analysis for THE RAY, CM1 6JU

Are you looking to understand CM1 6JU 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 6JU area, explore the CM1 6JU Area information page.
For comprehensive crime statistics in the CM1 6JU area, explore the CM1 6JU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 6JU postcode area, The average prices are as follows,

Flat
- The average price is around £103,353 median price is £115,000 Standard Deviation is £51,413 with Total Sold: 31
- The Last 5 Year average price is £225,000 with Total Sold: 1
- The most recent sale happened at this postcode is 28 THE RAY: £225,000 (Sold on 23 Jun 2022)
- The first recorded sale happened at this postcode is 20 THE RAY: £36,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £93,750 median price is £93,750 Standard Deviation is £42,750 with Total Sold: 2
- The most recent sale happened at this postcode is 38 THE RAY: £136,500 (Sold on 27 Oct 2006)
- The first recorded sale happened at this postcode is 38 THE RAY: £51,000 (Sold on 30 Oct 1998)
Terraced
- The average price is around £147,100 median price is £147,100 Standard Deviation is £42,850 with Total Sold: 2
- The most recent sale happened at this postcode is 7 THE RAY: £189,950 (Sold on 12 Jun 2006)
- The first recorded sale happened at this postcode is 3 THE RAY: £104,250 (Sold on 24 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 6JU 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£225,000	£4,245	1
2018	£194,500	£3,814	1
2017	£207,500	£4,415	1
2013	£131,248	£2,801	2
2012	£148,000	£2,985	1
2008	£133,500		1
2007	£147,000		1
2006	£135,167		3
2005	£129,875		2
2004	£137,500		1
2003	£117,500		2
2001	£79,000		1
2000	£71,938	£1,473	4
1999	£61,950	£1,169	1
1998	£52,500		3
1997	£47,000		2
1996	£43,750		2
1995	£40,250		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£136,500		1
1998	£51,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£189,950		1
2000	£104,250	£855	1

All the Sales in the THE RAY, CM1 6JU

See the table below for more details on the sold house prices in the CM1 6JU, Chelmsford postcode.

Address	Sold Date	Price	% Change
28 THE RAYFlat, LeaseholdArea: 53 Sq.mtrAge: 1996-2002	23 Jun 2022	£225,000	68.54%
	25 Feb 2008	£133,500	68.99%
	03 Aug 2001	£79,000	First Sale
30 THE RAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1991-1995	27 Apr 2018	£194,500	41.45%
30 THE RAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1991-1995	17 May 2013	£137,500	First Sale
42 THE RAYFlat, LeaseholdArea: 47 Sq.mtrAge: 1983-1990	17 Nov 2017	£207,500	56.60%
	12 Jan 2006	£132,500	74.34%
	04 Aug 2000	£76,000	40.74%
	30 Mar 1998	£54,000	21.35%
	31 Aug 1995	£44,500	First Sale
22 THE RAYFlat, LeaseholdArea: 43 Sq.mtrAge: 1967-1975	12 Dec 2013	£124,995	142.71%
22 THE RAYFlat, LeaseholdArea: 43 Sq.mtrAge: 1967-1975	21 Dec 1998	£51,500	First Sale
40 THE RAYFlat, LeaseholdArea: 49.58 Sq.mtrAge: 1983-1990	16 Mar 2012	£148,000	7.25%
	01 Sep 2006	£138,000	92.33%
	31 Aug 2000	£71,750	61.24%
	02 May 1996	£44,500	First Sale
20 THE RAYFlat, Leasehold	15 Jun 2007	£147,000	8.89%
	14 Sep 2006	£135,000	4.05%
	15 Apr 2005	£129,750	84.04%
	14 Jul 2000	£70,500	95.83%
	06 Jan 1995	£36,000	First Sale
38 THE RAYSemi-Detached, Leasehold	27 Oct 2006	£136,500	167.65%
38 THE RAYSemi-Detached, Leasehold	30 Oct 1998	£51,000	First Sale
7 THE RAYTerraced, Freehold	12 Jun 2006	£189,950	First Sale
32 THE RAYFlat, Leasehold	29 Apr 2005	£130,000	13.04%
	24 Sep 2003	£115,000	85.63%
	15 Jul 1999	£61,950	First Sale
26 THE RAYFlat, Leasehold	06 Oct 2004	£137,500	177.78%
26 THE RAYFlat, Leasehold	24 Nov 1997	£49,500	First Sale
36 THE RAYFlat, Leasehold	29 Aug 2003	£120,000	130.77%
36 THE RAYFlat, Leasehold	08 May 1998	£52,000	First Sale
3 THE RAYTerraced, FreeholdArea: 122 Sq.mtrAge: 1967-1975	24 Nov 2000	£104,250	First Sale
24 THE RAYFlat, Leasehold	05 Apr 2000	£69,500	56.18%
24 THE RAYFlat, Leasehold	21 Feb 1997	£44,500	First Sale
34 THE RAYFlat, Leasehold	19 Jun 1996	£43,000	First Sale

Check out the sold house prices near the CM1 6JU postcode. Properties currently for saleProperties currently for rent

THE RAY, CM1 6JU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 6JU 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 6JU postcode.

Terraced
- The average price is around £177,886 median price is £172,500 Standard Deviation is £110,558 with Total Sold: 886
- The Last 5 Year average price is £338,077 with Total Sold: 120
- The most recent sale happened at this postcode is , 15 BEARDSLEY DRIVE: £161,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 15 CANDYTUFT ROAD: £50,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £104,711 median price is £107,000 Standard Deviation is £52,743 with Total Sold: 1,141
- The Last 5 Year average price is £182,261 with Total Sold: 114
- The most recent sale happened at this postcode is , 91 CORNFLOWER DRIVE: £178,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 20 THE RAY: £36,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £202,360 median price is £189,000 Standard Deviation is £114,953 with Total Sold: 978
- The Last 5 Year average price is £367,383 with Total Sold: 144
- The most recent sale happened at this postcode is , 6 DARTMOUTH ROAD: £392,500 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 33 BEARDSLEY DRIVE: £59,950 (Sold on 27 Jan 1995)
Detached
- The average price is around £298,685 median price is £279,998 Standard Deviation is £176,974 with Total Sold: 466
- The Last 5 Year average price is £521,891 with Total Sold: 75
- The most recent sale happened at this postcode is , 122 FALMOUTH ROAD: £675,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 63 FALMOUTH ROAD: £90,000 (Sold on 09 Feb 1995)
Other
- The average price is around £331,400 median price is £250,000 Standard Deviation is £334,526 with Total Sold: 5
- The Last 5 Year average price is £458,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 39A BODMIN ROAD: £150,000 (Sold on 01 Feb 2023)
- The first recorded sale happened at this postcode is GARAGE ASSOCIATED WITH, 5 HEATHER COURT: £12,000 (Sold on 25 Jul 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,200	£4,011	5
2023	£370,679	£4,464	14
2022	£383,560	£4,664	30
2021	£349,823	£4,445	34
2020	£294,350	£3,919	20
2019	£268,588	£4,365	17
2018	£293,925	£3,741	20
2017	£295,371	£3,885	36
2016	£293,655	£3,891	28
2015	£247,550	£3,458	34
2014	£231,758	£3,254	28
2013	£208,841	£2,892	22
2012	£185,360	£2,713	25
2011	£186,424	£2,652	27
2010	£175,120	£2,574	27
2009	£184,236	£2,184	18
2008	£176,453	£2,616	17
2007	£210,603	£2,546	35
2006	£165,838	£2,651	30
2005	£171,181	£2,519	33
2004	£161,144	£2,733	27
2003	£147,463	£2,214	31
2002	£108,970	£1,912	49
2001	£104,032	£1,429	33
2000	£82,602	£1,243	48
1999	£69,270	£1,079	50
1998	£66,190	£1,053	21
1997	£67,767	£984	47
1996	£55,299	£701	53
1995	£54,342	£808	27

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£201,833		6
2023	£185,423	£3,441	24
2022	£191,538	£3,845	29
2021	£173,588	£3,436	17
2020	£169,469	£3,373	16
2019	£177,250	£3,522	22
2018	£171,043	£3,509	35
2017	£179,855	£3,486	31
2016	£157,693	£3,021	31
2015	£129,479	£2,703	24
2014	£130,584	£2,633	39
2013	£110,943	£2,299	23
2012	£108,325	£2,245	20
2011	£108,670	£2,245	22
2010	£108,563	£2,374	23
2009	£120,291	£2,328	24
2008	£134,026	£2,423	26
2007	£129,124	£2,696	62
2006	£123,459	£2,506	67
2005	£114,376	£2,364	61
2004	£129,883	£2,506	55
2003	£100,915	£2,116	53
2002	£82,163	£1,711	45
2001	£65,756	£1,400	65
2000	£57,126	£1,194	67
1999	£52,316	£1,034	79
1998	£41,869	£908	45
1997	£36,244	£753	53
1996	£31,992	£658	36
1995	£34,979	£687	41

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£392,500		5
2023	£394,275	£4,925	22
2022	£393,267	£5,119	28
2021	£359,150	£4,737	28
2020	£363,366	£4,402	28
2019	£334,083	£4,089	33
2018	£360,000	£4,094	15
2017	£341,888	£4,357	30
2016	£318,172	£4,399	29
2015	£279,327	£3,842	22
2014	£273,830	£3,364	30
2013	£243,000	£3,085	26
2012	£243,130	£2,858	23
2011	£215,333	£2,712	30
2010	£239,121	£2,681	29
2009	£201,964	£2,754	28
2008	£210,821	£2,901	21
2007	£223,325	£2,970	36
2006	£199,443	£2,625	51
2005	£199,005	£2,477	37
2004	£183,651	£2,263	42
2003	£154,770	£2,157	43
2002	£135,724	£1,922	42
2001	£113,177	£1,482	41
2000	£104,068	£1,357	35
1999	£83,829	£1,121	65
1998	£72,090	£966	27
1997	£74,176	£956	42
1996	£67,666	£856	44
1995	£64,362	£803	46

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£522,500	£4,952	4
2023	£596,786	£5,695	14
2022	£588,179	£5,166	14
2021	£455,167	£4,723	18
2020	£487,222	£4,541	18
2019	£499,900	£5,184	7
2018	£447,062	£4,493	16
2017	£442,467	£4,895	15
2016	£404,621	£4,281	24
2015	£465,467	£3,956	15
2014	£376,791	£3,363	17
2013	£335,833	£3,240	12
2012	£282,500	£2,980	18
2011	£238,143	£2,730	7
2010	£332,162	£3,170	12
2009	£325,192	£3,548	13
2008	£333,048	£3,841	11
2007	£337,370	£3,023	14
2006	£267,862	£3,925	12
2005	£264,749	£2,658	25
2004	£252,526	£2,606	17
2003	£190,549	£2,173	18
2002	£175,604	£1,834	24
2001	£173,133	£1,555	15
2000	£144,900	£1,413	15
1999	£118,134	£1,228	26
1998	£104,639	£898	25
1997	£108,643	£1,093	14
1996	£73,723	£811	9
1995	£80,117	£755	17

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£150,000		1
2021	£612,500	£13,559	2
2018	£270,000	£3,466	1
2017	£12,000		1

House Type in CM1 6JU area

The most common house types in the CM1 6JU postcode area are Terraced (86), Flat (19), and Semi-detached (16).

Total	125
Terraced	86
Flat	19
Semi-detached	16
commercial building	3
Detached	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 (52), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan	52
Owned: Owns outright	50
Social rented: Other social rented	9
Private rented: Private landlord or letting agency	9
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CM1 6JU have 2 people in household (50), and 1 person in household (36).

2 people in household	50
1 person in household	36
3 people in household	23
4 people in household	12
5 people in household	2
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0