Housing Market Analysis for RIVER TERRACE, CM2 6FW

Are you looking to understand CM2 6FW 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 CM2 6FW area, explore the CM2 6FW Area information page.
For comprehensive crime statistics in the CM2 6FW area, explore the CM2 6FW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM2 6FW postcode area, The average prices are as follows,

  • Flat
    • The average price is around £205,000 median price is £195,000 Standard Deviation is £24,622 with Total Sold: 8
    • The Last 5 Year average price is £233,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 RIVER TERRACE: £230,000 (Sold on 18 Jan 2021)
    • The first recorded sale happened at this postcode is 4 RIVER TERRACE: £195,000 (Sold on 08 Jun 2009)
  • Other
    • The average price is around £194,444 median price is £194,444 Standard Deviation is £94,444 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 RIVER TERRACE: £288,887 (Sold on 17 Jan 2018)
    • The first recorded sale happened at this postcode is 1 RIVER TERRACE: £100,000 (Sold on 16 Mar 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 6FW 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£230,000 £3,833 1
2019£235,000 £3,885 2
2009£188,000 £3,299 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£288,887 £4,659 1
2017£100,000 £1,613 1

All the Sales in the RIVER TERRACE, CM2 6FW

See the table below for more details on the sold house prices in the CM2 6FW, Chelmsford postcode.

AddressSold DatePrice% Change
4 RIVER TERRACEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007 onwards18 Jan 2021£230,000-2.13%
08 Mar 2019£235,00020.51%
08 Jun 2009£195,000First Sale
5 RIVER TERRACEFlat, LeaseholdArea: 61 Sq.mtrAge: 2007 onwards08 Mar 2019£235,00020.51%
08 Jun 2009£195,000First Sale
1 RIVER TERRACEOther, FreeholdArea: 62 Sq.mtrAge: 2007 onwards17 Jan 2018£288,887188.89%
16 Mar 2017£100,000First Sale
3 RIVER TERRACEFlat, LeaseholdArea: 42 Sq.mtrAge: 2007 onwards08 Jun 2009£160,000First Sale
6 RIVER TERRACEFlat, LeaseholdArea: 63 Sq.mtrAge: 2007 onwards08 Jun 2009£195,000First Sale
2 RIVER TERRACEFlat, LeaseholdArea: 62 Sq.mtrAge: 2007 onwards08 Jun 2009£195,000First Sale

Check out the sold house prices near the CM2 6FW postcode. Properties currently for saleProperties currently for rent

RIVER TERRACE, CM2 6FW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM2 6FW 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 CM2 6FW postcode.

  • Flat
    • The average price is around £196,692 median price is £199,995 Standard Deviation is £93,327 with Total Sold: 1,727
    • The Last 5 Year average price is £266,369 with Total Sold: 433
    • The most recent sale happened at this postcode is FLAT 204, BALMORAL COURT SPRINGFIELD ROAD: £110,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is 3, HAVENCOURT VICTORIA ROAD: £35,000 (Sold on 20 Feb 1995)
  • Terraced
    • The average price is around £195,639 median price is £182,000 Standard Deviation is £114,517 with Total Sold: 614
    • The Last 5 Year average price is £358,405 with Total Sold: 79
    • The most recent sale happened at this postcode is , 24 NAVIGATION ROAD: £250,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is 19, OLD COURT ARBOUR LANE: £62,000 (Sold on 06 Mar 1995)
  • Semi-Detached
    • The average price is around £227,089 median price is £202,500 Standard Deviation is £136,924 with Total Sold: 358
    • The Last 5 Year average price is £419,670 with Total Sold: 44
    • The most recent sale happened at this postcode is , 37 PARKLANDS DRIVE: £330,000 (Sold on 22 Apr 2024)
    • The first recorded sale happened at this postcode is , 118 SPRINGFIELD PARK AVENUE: £52,500 (Sold on 16 Feb 1995)
  • Detached
    • The average price is around £374,569 median price is £322,125 Standard Deviation is £258,470 with Total Sold: 136
    • The Last 5 Year average price is £663,100 with Total Sold: 20
    • The most recent sale happened at this postcode is , 224 SPRINGFIELD ROAD: £1,430,000 (Sold on 17 Apr 2024)
    • The first recorded sale happened at this postcode is FLAT 2, 247 SPRINGFIELD ROAD: £105,000 (Sold on 10 Mar 1995)
  • Other
    • The average price is around £2,697,125 median price is £650,000 Standard Deviation is £6,235,252 with Total Sold: 113
    • The Last 5 Year average price is £2,526,471 with Total Sold: 55
    • The most recent sale happened at this postcode is , JOHN O'DONNELL LTD VICTORIA ROAD: £650,000 (Sold on 30 Jan 2024)
    • The first recorded sale happened at this postcode is , 1 TINDAL SQUARE: £460,000 (Sold on 10 Jan 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£214,727 £3,874 22
2023£261,442 £4,235 62
2022£289,676 £4,537 136
2021£265,785 £4,518 97
2020£245,432 £5,175 56
2019£258,054 £4,027 60
2018£261,749 £4,209 74
2017£237,075 £3,823 69
2016£226,552 £3,823 135
2015£226,564 £3,684 125
2014£185,135 £5,415 71
2013£184,176 £3,292 44
2012£163,659 £2,711 27
2011£162,906 £2,804 33
2010£178,958 £2,950 32
2009£166,256 £6,220 43
2008£193,775 £3,419 38
2007£224,401 £3,551 92
2006£172,879 £3,001 47
2005£190,747 £3,168 78
2004£180,845 £2,995 42
2003£153,240 £2,777 48
2002£104,259 £1,983 38
2001£83,187 £1,588 37
2000£73,762 £1,403 41
1999£68,024 £1,247 53
1998£55,099 £1,043 22
1997£51,827 £976 66
1996£39,437 £773 27
1995£38,946 £741 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£341,857 £5,101 7
2023£418,654 £4,680 13
2022£393,676 £5,783 17
2021£338,600 £4,390 20
2020£326,083 £4,353 12
2019£310,100 £4,012 10
2018£341,763 £4,267 19
2017£323,355 £4,044 19
2016£325,429 £3,647 20
2015£268,225 £3,411 18
2014£260,352 £2,956 19
2013£220,807 £2,854 13
2012£240,045 £3,036 11
2011£201,139 £2,931 14
2010£214,586 £2,772 14
2009£215,970 £2,272 15
2008£216,542 £2,742 12
2007£232,928 £2,767 32
2006£188,879 £2,741 31
2005£195,702 £2,430 26
2004£173,136 £2,111 29
2003£164,568 £2,084 20
2002£125,051 £1,735 35
2001£115,522 £1,682 22
2000£106,922 £1,330 31
1999£79,017 £1,187 26
1998£66,729 £884 27
1997£69,546 £875 26
1996£54,282 £618 33
1995£57,427 £695 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£365,125 £4,345 4
2023£488,833 £4,613 3
2022£458,464 £5,033 14
2021£367,611 £4,055 9
2020£495,333 £4,718 6
2019£354,938 £4,330 8
2018£341,964 £3,951 7
2017£323,800 £4,065 5
2016£362,156 £3,611 16
2015£387,712 £3,508 13
2014£305,064 £3,449 10
2013£212,056 £2,465 9
2012£270,667 £2,758 9
2011£258,500 £2,609 9
2010£273,208 £2,836 12
2009£218,550 £2,275 10
2008£231,808 £2,402 13
2007£247,503 £2,613 15
2006£231,024 £2,477 18
2005£204,649 £2,399 18
2004£209,769 £2,018 13
2003£195,664 £2,034 21
2002£144,371 £1,893 14
2001£134,908 £1,456 23
2000£103,499 £1,282 16
1999£81,110 £908 19
1998£79,321 £872 14
1997£78,751 £794 15
1996£52,664 £648 11
1995£50,688 £441 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,430,0001
2023£647,500 £5,540 4
2022£793,750 £7,317 4
2021£580,000 £4,019 6
2020£588,500 £3,826 2
2019£470,000 £4,484 3
2018£532,500 £3,951 2
2017£455,167 £3,861 6
2016£365,000 £3,939 2
2015£599,746 £3,851 3
2014£822,000 £3,818 3
2013£490,000 £2,911 6
2012£850,000 £4,359 1
2011£418,333 £2,765 3
2010£465,600 £3,515 5
2009£309,500 £2,329 3
2008£456,549 £2,929 2
2007£408,333 £3,206 6
2006£476,861 £4,136 9
2005£495,0001
2004£354,829 £2,252 9
2003£301,714 £1,760 7
2002£188,188 £1,373 8
2001£235,279 £1,554 7
2000£166,368 £1,182 8
1999£126,625 £2,026 4
1998£126,777 £1,655 9
1997£85,125 £759 4
1996£67,375 £768 4
1995£97,625 £3,182 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£650,0001
2023£3,343,781 £1,348 9
2022£4,258,711 £6,154 13
2021£1,785,673 £39,208 9
2020£636,492 £7,604 13
2019£2,850,32010
2018£2,341,780 £26,263 16
2017£5,671,150 £2,556 12
2016£1,259,436 £5,640 11
2015£654,739 £5,068 9
2014£4,886,307 £11,887 8
2013£730,0002

House Type in CM2 6FW area

The most common house types in the CM2 6FW postcode area are Flat (186), converted building (16), and Shared house (5).

Total210
Flat186
converted building16
Shared house5
Detached2
Semi-detached1
Terraced0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (72), and Private rented: Private landlord or letting agency (72).

Owned: Owns outright72
Private rented: Private landlord or letting agency72
Social rented: Other social rented33
Owned: Owns with a mortgage or loan21
Private rented: Other private rented6
Social rented: Rents from council or Local Authority4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CM2 6FW have 1 person in household (112), and 2 people in household (63).

1 person in household112
2 people in household63
3 people in household22
4 people in household8
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0