Housing Market Analysis for MEADGATE TERRACE, CM2 7NB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £88,445 median price is £100,475 Standard Deviation is £37,758 with Total Sold: 10
    • The most recent sale happened at this postcode is 3 MEADGATE TERRACE: £140,000 (Sold on 28 Sep 2018)
    • The first recorded sale happened at this postcode is 12 MEADGATE TERRACE: £32,500 (Sold on 12 Sep 1996)
  • Terraced
    • The average price is around £108,000 median price is £108,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 MEADGATE TERRACE: £108,000 (Sold on 25 Oct 2013)
    • The first recorded sale happened at this postcode is 10 MEADGATE TERRACE: £108,000 (Sold on 25 Oct 2013)
  • Detached
    • The average price is around £195,225 median price is £195,225 Standard Deviation is £29,725 with Total Sold: 2
    • The most recent sale happened at this postcode is 15 MEADGATE TERRACE: £224,950 (Sold on 03 Mar 2004)
    • The first recorded sale happened at this postcode is 15 MEADGATE TERRACE: £165,500 (Sold on 09 Nov 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 7NB 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
2018£140,000 £3,784 1
2016£120,000 £3,158 1
2014£119,000 £3,051 1
2006£107,975 £2,973 2
2005£95,000 £2,568 1
2002£92,000 £2,486 1
1998£35,000 £932 2
1996£32,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£108,000 £2,842 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£224,9501
2001£165,5001

All the Sales in the MEADGATE TERRACE, CM2 7NB

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

AddressSold DatePrice% Change
3 MEADGATE TERRACEFlat, LeaseholdArea: 37 Sq.mtrAge: 1983-199028 Sep 2018£140,000First Sale
10 MEADGATE TERRACEFlat, LeaseholdArea: 38 Sq.mtrAge: 1983-199012 Feb 2016£120,00011.11%
25 Oct 2013£108,000First Sale
6 MEADGATE TERRACEFlat, LeaseholdArea: 39 Sq.mtrAge: 1967-197513 May 2014£119,0008.18%
01 Sep 2006£110,000First Sale
12 MEADGATE TERRACEFlat, Leasehold01 Jun 2006£105,950198.45%
30 Oct 1998£35,5009.23%
12 Sep 1996£32,500First Sale
8 MEADGATE TERRACEFlat, LeaseholdArea: 37 Sq.mtrAge: 1976-198231 May 2005£95,0003.26%
31 Oct 2002£92,000First Sale
15 MEADGATE TERRACEDetached, Freehold03 Mar 2004£224,95035.92%
09 Nov 2001£165,500First Sale
14 MEADGATE TERRACEFlat, LeaseholdArea: 37 Sq.mtrAge: 1976-198212 Jun 1998£34,500First Sale

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

MEADGATE TERRACE, CM2 7NB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £236,454 median price is £226,028 Standard Deviation is £134,484 with Total Sold: 790
    • The Last 5 Year average price is £422,644 with Total Sold: 125
    • 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 £183,876 median price is £185,000 Standard Deviation is £66,043 with Total Sold: 1,199
    • The Last 5 Year average price is £237,724 with Total Sold: 236
    • The most recent sale happened at this postcode is , 110 BURGHLEY WAY: £240,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 24, BURWOOD COURT GOLDLAY AVENUE: £39,000 (Sold on 03 Jul 1995)
  • Detached
    • The average price is around £285,571 median price is £265,000 Standard Deviation is £142,972 with Total Sold: 537
    • The Last 5 Year average price is £496,497 with Total Sold: 59
    • 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 , 97 LADY LANE: £59,995 (Sold on 28 Jun 1995)
  • Terraced
    • The average price is around £202,269 median price is £184,000 Standard Deviation is £124,410 with Total Sold: 921
    • The Last 5 Year average price is £360,128 with Total Sold: 126
    • The most recent sale happened at this postcode is , 255 BADDOW ROAD: £300,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 231 BADDOW ROAD: £38,000 (Sold on 03 Jan 1995)
  • Other
    • The average price is around £1,978,936 median price is £365,000 Standard Deviation is £4,042,753 with Total Sold: 23
    • The Last 5 Year average price is £1,739,098 with Total Sold: 14
    • The most recent sale happened at this postcode is , 32 VAN DIEMANS ROAD: £550,000 (Sold on 20 Jan 2023)
    • The first recorded sale happened at this postcode is , 49 BADDOW ROAD: £3,250,000 (Sold on 07 Apr 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£419,929 £5,595 7
2023£457,750 £5,491 16
2022£445,339 £4,990 28
2021£404,338 £4,496 34
2020£401,263 £4,574 19
2019£415,524 £4,269 21
2018£378,179 £4,071 19
2017£365,380 £4,062 25
2016£375,454 £3,996 22
2015£350,756 £3,657 18
2014£310,306 £3,365 23
2013£285,559 £3,182 17
2012£264,995 £3,094 21
2011£240,288 £2,642 17
2010£243,898 £2,631 30
2009£241,571 £2,732 14
2008£223,038 £2,654 22
2007£243,345 £2,988 41
2006£242,942 £2,671 42
2005£231,164 £2,479 31
2004£203,914 £2,288 31
2003£195,963 £2,197 34
2002£153,713 £1,740 37
2001£123,409 £1,337 39
2000£118,051 £1,260 26
1999£92,034 £1,148 40
1998£96,681 £950 32
1997£67,608 £749 27
1996£57,827 £671 18
1995£58,614 £581 39
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,938 £3,812 16
2023£222,765 £3,955 40
2022£261,289 £4,350 67
2021£226,886 £3,801 35
2020£260,327 £4,148 24
2019£225,964 £3,851 54
2018£236,573 £4,911 86
2017£230,542 £3,844 47
2016£203,884 £3,651 65
2015£189,833 £3,461 45
2014£161,874 £2,951 49
2013£161,491 £2,855 56
2012£153,425 £2,565 41
2011£139,823 £2,537 17
2010£165,267 £2,601 15
2009£142,036 £2,338 14
2008£172,364 £2,928 38
2007£170,476 £3,178 57
2006£167,480 £3,090 71
2005£177,061 £3,154 76
2004£164,032 £2,857 70
2003£189,362 £2,840 74
2002£155,305 £2,620 60
2001£65,753 £1,173 13
2000£77,146 £1,356 20
1999£76,475 £1,381 12
1998£46,704 £827 14
1997£41,332 £702 9
1996£35,825 £606 12
1995£39,500 £676 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£675,0002
2023£554,000 £5,562 6
2022£512,857 £4,404 7
2021£516,864 £5,366 11
2020£472,165 £4,539 14
2019£459,658 £4,219 19
2018£465,267 £4,300 15
2017£475,069 £3,903 18
2016£419,974 £3,847 10
2015£429,800 £3,608 10
2014£348,413 £3,337 15
2013£305,791 £3,358 12
2012£352,950 £2,641 10
2011£305,744 £2,875 17
2010£286,150 £3,295 20
2009£273,500 £2,875 18
2008£324,790 £3,334 11
2007£314,763 £2,894 19
2006£278,155 £2,750 28
2005£332,085 £2,608 31
2004£298,741 £2,627 25
2003£272,473 £2,394 19
2002£192,454 £1,735 22
2001£184,589 £1,606 36
2000£182,380 £1,660 37
1999£166,610 £1,403 39
1998£129,286 £1,072 32
1997£104,233 £1,158 22
1996£79,833 £914 6
1995£74,208 £675 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£379,1437
2023£374,167 £4,534 12
2022£393,587 £4,877 25
2021£382,912 £4,243 33
2020£362,856 £4,001 20
2019£293,078 £3,897 29
2018£345,389 £4,025 32
2017£335,083 £4,059 24
2016£344,116 £3,776 21
2015£251,705 £3,459 38
2014£243,124 £3,086 52
2013£208,121 £2,727 29
2012£215,238 £2,979 22
2011£211,533 £2,610 15
2010£212,462 £2,742 21
2009£196,257 £2,388 26
2008£225,859 £2,836 24
2007£235,378 £2,757 43
2006£186,889 £2,413 54
2005£191,587 £2,677 28
2004£185,926 £2,088 34
2003£172,278 £2,213 48
2002£124,520 £1,874 43
2001£104,231 £1,573 42
2000£92,916 £1,262 26
1999£77,817 £1,196 49
1998£70,851 £1,111 35
1997£60,157 £768 36
1996£51,549 £682 30
1995£49,359 £583 23
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£550,000 £6,044 1
2022£336,167 £4,417 3
2021£155,000 £3,797 2
2020£2,031,625 £33 4
2019£3,588,092 £2,311 4
2018£398,633 £1,686 5
2017£4,793,750 £59,841 4

House Type in CM2 7NB area

The most common house types in the CM2 7NB postcode area are Terraced (60), Flat (29), and Semi-detached (26).

Total124
Terraced60
Flat29
Semi-detached26
Detached4
Shared house4
commercial building1
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 (39), and Owned: Owns outright (37).

Owned: Owns with a mortgage or loan39
Owned: Owns outright37
Private rented: Private landlord or letting agency25
Social rented: Other social rented13
Social rented: Rents from council or Local Authority7
Private rented: Other private rented4
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the CM2 7NB have 1 person in household (44), and 2 people in household (39).

1 person in household44
2 people in household39
3 people in household25
4 people in household8
5 people in household7
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0