Housing Market Analysis for CM2 7LY

Are you looking to understand CM2 7LY 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 7LY area, explore the CM2 7LY Area information page.
For comprehensive crime statistics in the CM2 7LY area, explore the CM2 7LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM2 7LY postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average CM2 7LY 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.

    All the Sales in the CM2 7LY

    See the table below for more details on the sold house prices in the CM2 7LY, Chelmsford postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the CM2 7LY postcode. Properties currently for saleProperties currently for rent

    CM2 7LY Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the CM2 7LY 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 7LY postcode.

    • Semi-Detached
      • The average price is around £237,159 median price is £225,000 Standard Deviation is £129,996 with Total Sold: 858
      • The Last 5 Year average price is £402,501 with Total Sold: 144
      • The most recent sale happened at this postcode is , 32 MEADGATE AVENUE: £355,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 213 BADDOW ROAD: £45,000 (Sold on 06 Jan 1995)
    • Flat
      • The average price is around £156,095 median price is £163,250 Standard Deviation is £55,520 with Total Sold: 634
      • The Last 5 Year average price is £203,437 with Total Sold: 95
      • The most recent sale happened at this postcode is , 128 CHELWATER: £215,000 (Sold on 02 Aug 2024)
      • The first recorded sale happened at this postcode is , 51 MASCALLS WAY: £28,000 (Sold on 23 Jun 1995)
    • Terraced
      • The average price is around £190,958 median price is £179,950 Standard Deviation is £110,882 with Total Sold: 812
      • The Last 5 Year average price is £323,736 with Total Sold: 115
      • The most recent sale happened at this postcode is , 42 BEEHIVE LANE: £475,000 (Sold on 29 Jul 2024)
      • The first recorded sale happened at this postcode is , 231 BADDOW ROAD: £38,000 (Sold on 03 Jan 1995)
    • Detached
      • The average price is around £331,435 median price is £314,000 Standard Deviation is £162,704 with Total Sold: 430
      • The Last 5 Year average price is £518,220 with Total Sold: 64
      • The most recent sale happened at this postcode is , 12 PITFIELD: £535,000 (Sold on 25 Jul 2024)
      • The first recorded sale happened at this postcode is , 349B BADDOW ROAD: £92,500 (Sold on 30 Mar 1995)
    • Other
      • The average price is around £492,134 median price is £407,500 Standard Deviation is £498,023 with Total Sold: 18
      • The Last 5 Year average price is £580,219 with Total Sold: 11
      • The most recent sale happened at this postcode is , 257 BADDOW ROAD: £458,000 (Sold on 08 Jul 2022)
      • The first recorded sale happened at this postcode is , 346 BADDOW ROAD: £1,050,000 (Sold on 25 Mar 2015)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£379,750 £5,509 8
    2023£394,825 £4,773 20
    2022£461,448 £5,005 28
    2021£394,866 £4,520 41
    2020£385,710 £4,207 29
    2019£373,889 £4,142 18
    2018£349,073 £4,184 33
    2017£366,378 £4,186 37
    2016£367,703 £3,966 27
    2015£293,465 £3,575 26
    2014£288,657 £3,210 26
    2013£268,690 £3,063 26
    2012£234,677 £2,815 22
    2011£216,182 £2,407 11
    2010£234,152 £2,490 26
    2009£232,998 £2,728 24
    2008£220,974 £2,427 25
    2007£229,260 £2,566 40
    2006£238,491 £2,730 43
    2005£222,166 £2,434 33
    2004£197,445 £2,411 30
    2003£195,105 £2,238 28
    2002£162,790 £1,947 30
    2001£132,447 £1,447 40
    2000£112,022 £1,306 37
    1999£87,668 £1,025 40
    1998£84,545 £942 29
    1997£69,812 £850 29
    1996£65,154 £666 24
    1995£58,435 £669 28
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£188,750 £3,380 4
    2023£204,237 £3,684 19
    2022£221,132 £4,415 19
    2021£198,444 £3,503 27
    2020£202,933 £3,629 15
    2019£189,773 £3,420 11
    2018£194,174 £3,682 23
    2017£202,200 £3,685 20
    2016£179,057 £3,299 49
    2015£172,064 £3,432 31
    2014£140,545 £2,576 22
    2013£130,121 £2,306 12
    2012£131,823 £2,255 23
    2011£119,888 £2,223 9
    2010£134,188 £2,187 8
    2009£139,227 £2,304 11
    2008£166,988 £2,936 29
    2007£155,930 £3,062 37
    2006£155,857 £3,071 48
    2005£166,973 £3,030 51
    2004£156,478 £2,969 63
    2003£154,768 £2,469 29
    2002£84,619 £1,659 13
    2001£78,228 £1,200 21
    2000£77,444 £1,200 9
    1999£44,832 £926 3
    1998£44,208 £729 12
    1997£39,856 £756 7
    1996£35,850 £549 7
    1995£30,250 £354 2
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£352,2789
    2023£344,250 £4,415 10
    2022£379,377 £4,422 23
    2021£324,691 £4,042 22
    2020£313,139 £3,702 18
    2019£276,099 £3,769 33
    2018£301,000 £3,908 25
    2017£326,068 £3,779 22
    2016£328,876 £3,249 20
    2015£235,896 £3,371 32
    2014£233,556 £2,906 48
    2013£194,500 £2,502 34
    2012£211,807 £2,712 13
    2011£191,167 £2,501 12
    2010£211,819 £2,619 18
    2009£189,833 £2,261 18
    2008£204,928 £2,834 26
    2007£217,339 £2,794 39
    2006£181,062 £2,284 36
    2005£181,754 £2,352 25
    2004£180,985 £2,100 40
    2003£167,578 £2,104 51
    2002£120,242 £1,729 31
    2001£97,032 £1,392 42
    2000£86,219 £1,114 21
    1999£72,430 £1,001 35
    1998£64,642 £895 27
    1997£60,553 £769 37
    1996£48,280 £673 22
    1995£45,840 £571 23
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£515,750 £3,803 4
    2023£556,917 £4,913 6
    2022£546,500 £4,679 10
    2021£547,526 £4,629 19
    2020£542,955 £4,426 10
    2019£430,933 £4,001 15
    2018£494,737 £4,249 19
    2017£477,156 £4,020 16
    2016£442,200 £3,971 10
    2015£453,675 £3,555 10
    2014£380,438 £3,259 13
    2013£372,300 £3,139 11
    2012£348,644 £2,712 10
    2011£325,813 £2,995 18
    2010£306,818 £3,114 11
    2009£270,750 £3,111 10
    2008£299,540 £3,658 5
    2007£358,933 £2,631 15
    2006£313,745 £2,641 34
    2005£349,671 £2,563 34
    2004£304,897 £2,544 20
    2003£303,191 £2,383 17
    2002£195,346 £1,761 13
    2001£203,174 £1,418 21
    2000£191,064 £1,581 30
    1999£161,124 £1,190 12
    1998£122,607 £1,460 7
    1997£105,170 £964 11
    1996£85,556 £733 9
    1995£93,650 £875 10
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£405,875 £4,417 4
    2021£29,704 £1,497 2
    2020£1,687,2502
    2019£441,667 £4,620 3
    2018£156,500 £1,350 4
    2017£200,000 £4,255 1
    2016£600,000 £5,172 1
    2015£1,050,0001

    House Type in CM2 7LY area

    The most common house types in the CM2 7LY postcode area are Flat (91), Terraced (63), and Semi-detached (13).

    Total187
    Flat91
    Terraced63
    Semi-detached13
    Detached10
    commercial building7
    Shared house3
    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 (61), and Social rented: Other social rented (61).

    Owned: Owns with a mortgage or loan61
    Social rented: Other social rented61
    Private rented: Private landlord or letting agency31
    Owned: Owns outright19
    Social rented: Rents from council or Local Authority13
    Private rented: Other private rented3
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the CM2 7LY have 1 person in household (65), and 2 people in household (57).

    1 person in household65
    2 people in household57
    3 people in household39
    4 people in household18
    5 people in household7
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0