Housing Market Analysis for MAYES LANE, CM2 7RW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £602,088 median price is £735,000 Standard Deviation is £342,424 with Total Sold: 17
    • The Last 5 Year average price is £943,000 with Total Sold: 5
    • The most recent sale happened at this postcode is TEKOA LODGE MAYES LANE: £830,000 (Sold on 19 Jul 2022)
    • The first recorded sale happened at this postcode is TEKOA LODGE MAYES LANE: £887,500 (Sold on 05 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 7RW 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£830,000 £3,333 1
2021£1,050,000 £3,333 1
2020£973,750 £5,584 2
2017£995,000 £4,181 1
2014£890,000 £2,825 1
2009£735,000 £5,577 1
2007£820,0001
2003£455,000 £1,623 2
2002£300,000 £1,261 1
1999£235,0001
1998£130,000 £1,238 1
1996£215,000 £863 1
1995£145,250 £443 2
2024£887,5001

All the Sales in the MAYES LANE, CM2 7RW

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

AddressSold DatePrice% Change
TEKOA LODGE MAYES LANEDetached, FreeholdArea: 249 Sq.mtrAge: 1950-196619 Jul 2022£830,000286.05%
05 Mar 1996£215,000-75.77%
05 Jan 2024£887,500First Sale
CARTREF MAYES LANEDetached, FreeholdArea: 315 Sq.mtrAge: 2003-200621 Jan 2021£1,050,00017.98%
15 Dec 2014£890,00061.82%
23 Jun 2003£550,000First Sale
TALL OAKS MAYES LANEDetached, FreeholdArea: 240 Sq.mtrAge: 1996-200220 Jul 2020£972,500170.14%
25 Jul 2003£360,000First Sale
WAYSIDE MAYES LANEDetached, FreeholdArea: 137 Sq.mtrAge: 1900-192927 Mar 2020£975,000First Sale
FAIRLAWN MAYES LANEDetached, FreeholdArea: 238 Sq.mtrAge: 2007 onwards31 Jul 2017£995,000231.67%
25 Oct 2002£300,000184.36%
31 Aug 1995£105,500First Sale
RAINBOWS END MAYES LANEDetached, FreeholdArea: 131.8 Sq.mtrAge: 1950-196628 May 2009£735,000First Sale
ROSE LAWN MAYES LANEDetached, Freehold13 Sep 2007£820,000First Sale
PIT COTTAGE MAYES LANEDetached, Freehold11 Nov 1999£235,00027.03%
03 Apr 1995£185,000First Sale
HILLVIEW MAYES LANEDetached, FreeholdArea: 105 Sq.mtrAge: 1930-194903 Apr 1998£130,000First Sale

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

MAYES LANE, CM2 7RW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £591,183 median price is £587,500 Standard Deviation is £318,324 with Total Sold: 30
    • The Last 5 Year average price is £879,444 with Total Sold: 9
    • The most recent sale happened at this postcode is , LOGUIVY MAYES LANE: £740,000 (Sold on 15 Feb 2024)
    • The first recorded sale happened at this postcode is , PIT COTTAGE MAYES LANE: £185,000 (Sold on 03 Apr 1995)
  • Semi-Detached
    • The average price is around £290,000 median price is £290,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, BRAMBLES MAYES LANE: £290,000 (Sold on 02 Oct 2008)
    • The first recorded sale happened at this postcode is 2, BRAMBLES MAYES LANE: £290,000 (Sold on 02 Oct 2008)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£813,7502
2022£830,000 £3,333 1
2021£880,000 £4,049 2
2020£973,750 £5,584 2
2019£875,000 £5,090 2
2017£995,000 £4,181 1
2016£965,000 £5,188 1
2014£890,000 £2,825 1
2013£610,000 £3,978 1
2012£460,000 £3,087 1
2009£735,000 £5,577 1
2007£795,000 £4,151 2
2006£367,5001
2003£430,000 £1,763 3
2002£318,750 £1,261 2
1999£252,500 £951 2
1998£130,000 £1,238 1
1997£140,000 £940 1
1996£215,000 £863 1
1995£145,250 £443 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£290,000 £2,358 1

House Type in CM2 7RW area

The most common house types in the CM2 7RW postcode area are Detached (71), Semi-detached (21), and converted building (5).

Total104
Detached71
Semi-detached21
converted building5
Flat2
temporary structure2
Terraced1
Shared house1
commercial building1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright47
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency10
Private rented: Other private rented6
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the CM2 7RW have 2 people in household (36), and 1 person in household (25).

2 people in household36
1 person in household25
3 people in household22
4 people in household15
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0