Housing Market Analysis for MILBANK, CM2 6YX

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £305,177 median price is £325,000 Standard Deviation is £110,535 with Total Sold: 11
- The Last 5 Year average price is £438,333 with Total Sold: 3
- The most recent sale happened at this postcode is 6 MILBANK: £480,000 (Sold on 22 Jul 2021)
- The first recorded sale happened at this postcode is 6 MILBANK: £154,950 (Sold on 15 Dec 2000)
Detached
- The average price is around £256,093 median price is £215,000 Standard Deviation is £136,474 with Total Sold: 15
- The Last 5 Year average price is £720,000 with Total Sold: 1
- The most recent sale happened at this postcode is 11 MILBANK: £720,000 (Sold on 12 Dec 2019)
- The first recorded sale happened at this postcode is 13 MILBANK: £142,000 (Sold on 30 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 6YX 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
2021	£427,500	£4,310	2
2019	£460,000	£4,182	1
2015	£375,000	£2,501	1
2014	£347,000	£3,155	1
2009	£260,000	£1,734	1
2005	£325,000		1
2001	£193,333		3
2000	£154,950		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£720,000	£4,615	1
2009	£345,000	£2,711	1
2007	£307,500		1
2006	£238,500		2
2003	£166,500		1
2002	£215,000		1
2001	£209,771	£1,619	7
2000	£142,000		1

All the Sales in the MILBANK, CM2 6YX

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

Address	Sold Date	Price	% Change
6 MILBANKSemi-Detached, Freehold	22 Jul 2021	£480,000	209.78%
6 MILBANKSemi-Detached, Freehold	15 Dec 2000	£154,950	First Sale
2 MILBANKSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1996-2002	18 Feb 2021	£375,000	167.86%
	26 Feb 2001	£140,000	First Sale
11 MILBANKDetached, FreeholdArea: 156 Sq.mtrAge: 1996-2002	12 Dec 2019	£720,000	176.92%
11 MILBANKDetached, FreeholdArea: 156 Sq.mtrAge: 1996-2002	31 Aug 2001	£260,000	First Sale
3 MILBANKSemi-Detached, FreeholdArea: 110 Sq.mtrAge: 2003-2006	29 Nov 2019	£460,000	32.56%
	24 Nov 2014	£347,000	80.73%
	30 Mar 2001	£192,000	First Sale
4 MILBANKSemi-Detached, FreeholdArea: 149.92 Sq.mtrAge: 1996-2002	27 Mar 2015	£375,000	44.23%
	26 Oct 2009	£260,000	First Sale
12 MILBANKDetached, FreeholdArea: 127.24 Sq.mtrAge: 1996-2002	23 Oct 2009	£345,000	72.50%
	31 Oct 2001	£200,000	First Sale
1 MILBANKDetached, Freehold	26 Jan 2007	£307,500	53.79%
1 MILBANKDetached, Freehold	30 Mar 2001	£199,950	First Sale
10 MILBANKDetached, Freehold	19 Oct 2006	£277,000	42.05%
10 MILBANKDetached, Freehold	07 Sep 2001	£195,000	First Sale
7 MILBANKDetached, Freehold	03 Feb 2006	£200,000	20.12%
	28 Nov 2003	£166,500	28.08%
	31 Jul 2001	£130,000	First Sale
5 MILBANKSemi-Detached, Freehold	18 Mar 2005	£325,000	31.05%
5 MILBANKSemi-Detached, Freehold	22 Feb 2001	£248,000	First Sale
13 MILBANKDetached, Freehold	31 Oct 2002	£215,000	51.41%
13 MILBANKDetached, Freehold	30 Jun 2000	£142,000	First Sale
9 MILBANKDetached, Freehold	31 Aug 2001	£220,000	First Sale
8 MILBANKDetached, Freehold	26 Jan 2001	£263,450	First Sale

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

MILBANK, CM2 6YX Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £214,665 median price is £202,000 Standard Deviation is £112,584 with Total Sold: 921
- The Last 5 Year average price is £386,321 with Total Sold: 112
- The most recent sale happened at this postcode is , 16 ALLEN WAY: £490,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 17 HOLLIS LOCK: £59,000 (Sold on 14 Feb 1995)
Terraced
- The average price is around £190,066 median price is £185,000 Standard Deviation is £95,914 with Total Sold: 927
- The Last 5 Year average price is £322,199 with Total Sold: 117
- The most recent sale happened at this postcode is , 55 SHEPPARD DRIVE: £340,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 5 HENNIKER GATE: £56,000 (Sold on 03 Mar 1995)
Detached
- The average price is around £274,091 median price is £249,999 Standard Deviation is £138,047 with Total Sold: 1,239
- The Last 5 Year average price is £499,578 with Total Sold: 129
- The most recent sale happened at this postcode is , 28 MEGGY TYE: £665,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 8 MILLSON BANK: £105,000 (Sold on 03 Feb 1995)
Flat
- The average price is around £112,259 median price is £106,125 Standard Deviation is £57,045 with Total Sold: 250
- The Last 5 Year average price is £170,855 with Total Sold: 41
- The most recent sale happened at this postcode is , 25 BURTON PLACE: £115,000 (Sold on 04 Jun 2024)
- The first recorded sale happened at this postcode is , 120 HENNIKER GATE: £34,500 (Sold on 26 May 1995)
Other
- The average price is around £3,363,717 median price is £480,000 Standard Deviation is £4,100,861 with Total Sold: 5
- The Last 5 Year average price is £2,740,375 with Total Sold: 4
- The most recent sale happened at this postcode is , 26 BRYANT LINK: £180,000 (Sold on 05 Jan 2024)
- The first recorded sale happened at this postcode is , 7 GRAFTON PLACE: £5,857,086 (Sold on 27 Sep 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£351,000	£5,312	7
2023	£419,475	£5,375	20
2022	£419,139	£5,110	18
2021	£392,625	£4,672	28
2020	£369,639	£4,271	18
2019	£344,286	£4,250	21
2018	£347,513	£4,169	26
2017	£367,868	£4,137	19
2016	£339,439	£4,206	33
2015	£320,147	£3,582	17
2014	£285,699	£3,343	20
2013	£227,524	£3,160	16
2012	£274,188	£3,002	21
2011	£205,889	£2,793	18
2010	£241,465	£2,908	29
2009	£230,054	£2,609	26
2008	£239,744	£3,035	17
2007	£246,903	£2,815	32
2006	£219,781	£2,680	55
2005	£214,487	£2,669	44
2004	£192,355	£2,589	47
2003	£198,458	£2,273	61
2002	£162,986	£1,940	66
2001	£131,867	£1,891	54
2000	£112,781	£1,544	49
1999	£88,935	£1,309	55
1998	£78,524	£1,080	20
1997	£71,710	£1,046	19
1996	£62,397	£854	39
1995	£63,735	£970	26

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£275,600	£5,950	5
2023	£333,786	£5,181	14
2022	£340,529	£5,301	26
2021	£344,208	£4,425	30
2020	£298,475	£4,666	20
2019	£295,306	£4,423	22
2018	£291,214	£4,149	21
2017	£271,794	£4,594	34
2016	£290,137	£4,081	30
2015	£273,988	£3,577	25
2014	£242,975	£3,506	41
2013	£220,521	£3,087	46
2012	£214,853	£3,034	31
2011	£180,301	£2,821	23
2010	£200,037	£2,834	24
2009	£190,333	£2,862	18
2008	£213,932	£3,073	15
2007	£209,099	£3,254	25
2006	£204,814	£2,628	35
2005	£199,234	£2,668	47
2004	£185,421	£2,571	39
2003	£159,994	£2,358	62
2002	£139,185	£1,889	41
2001	£119,995	£1,613	51
2000	£104,762	£1,536	42
1999	£78,292	£1,167	37
1998	£64,983	£1,038	37
1997	£62,132	£963	32
1996	£51,510	£869	29
1995	£52,550	£849	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£542,500	£5,000	5
2023	£547,100	£4,858	20
2022	£544,375	£5,084	24
2021	£480,143	£4,593	42
2020	£476,053	£4,589	19
2019	£448,158	£4,137	19
2018	£440,488	£4,140	21
2017	£450,417	£4,187	30
2016	£433,929	£3,953	28
2015	£395,544	£3,444	27
2014	£369,039	£3,389	38
2013	£307,413	£3,079	18
2012	£281,967	£3,114	23
2011	£301,179	£2,896	14
2010	£284,151	£2,875	35
2009	£290,757	£2,811	27
2008	£305,313	£2,894	19
2007	£306,397	£2,872	54
2006	£288,367	£2,652	66
2005	£287,513	£2,616	39
2004	£282,540	£2,359	71
2003	£249,354	£2,375	96
2002	£229,655	£2,015	108
2001	£194,777	£1,817	122
2000	£161,946	£1,662	77
1999	£132,339	£1,402	91
1998	£131,360	£1,242	53
1997	£102,438	£1,078	16
1996	£91,634	£949	22
1995	£81,451	£988	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,000		1
2023	£214,200	£4,521	5
2022	£185,820	£4,196	10
2021	£166,750	£3,486	14
2020	£130,708	£3,398	3
2019	£154,281	£3,227	8
2018	£159,062	£3,467	4
2017	£155,722	£3,194	9
2016	£127,350	£3,234	10
2015	£128,000	£2,777	10
2014	£117,621	£2,880	12
2013	£115,583	£2,782	6
2012	£116,150	£2,513	5
2011	£130,000	£2,338	11
2010	£90,250	£2,198	2
2009	£152,748	£2,833	2
2008	£114,916	£2,786	9
2007	£121,805	£2,744	18
2006	£129,444	£2,841	21
2005	£105,622	£2,421	16
2004	£96,771	£2,682	12
2003	£88,125	£2,643	4
2002	£82,149	£2,123	10
2001	£56,248	£1,846	8
2000	£49,135	£1,510	11
1999	£36,988	£1,007	4
1998	£34,000	£1,030	4
1997	£30,268	£928	11
1996	£28,000	£851	7
1995	£31,000	£923	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,000	£3,051	1
2022	£5,390,000	£4,800	2
2019	£1,500		1
2017	£5,857,086		1

House Type in CM2 6YX area

The most common house types in the CM2 6YX postcode area are Semi-detached (86), Detached (54), and Terraced (41).

Total	186
Semi-detached	86
Detached	54
Terraced	41
Flat	2
Shared house	2
temporary structure	1
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (112), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan	112
Owned: Owns outright	43
Private rented: Private landlord or letting agency	27
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CM2 6YX have 1 person in household (47), and 3 people in household (45).

1 person in household	47
3 people in household	45
4 people in household	44
2 people in household	40
5 people in household	7
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0