Housing Market Analysis for GREAT GIBCRACKS CHASE, CM2 7TG

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £513,333 median price is £500,000 Standard Deviation is £224,734 with Total Sold: 3
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BADGERS GREAT GIBCRACKS CHASE: £500,000 (Sold on 04 Dec 2020)
    • The first recorded sale happened at this postcode is WILLOW LODGE GREAT GIBCRACKS CHASE: £245,000 (Sold on 25 Sep 1998)
  • Other
    • The average price is around £420,400 median price is £420,400 Standard Deviation is £379,600 with Total Sold: 2
    • The Last 5 Year average price is £800,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BROAD OAKS GREAT GIBCRACKS CHASE: £800,000 (Sold on 30 Aug 2019)
    • The first recorded sale happened at this postcode is BROAD OAKS GREAT GIBCRACKS CHASE: £40,800 (Sold on 30 Dec 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 7TG 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
2020£500,000 £912 1
2007£795,000 £2,477 1
1998£245,000 £763 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£800,0001
2013£40,8001

All the Sales in the GREAT GIBCRACKS CHASE, CM2 7TG

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

AddressSold DatePrice% Change
BADGERS GREAT GIBCRACKS CHASEDetached, FreeholdArea: 548 Sq.mtrAge: 202304 Dec 2020£500,000First Sale
BROAD OAKS GREAT GIBCRACKS CHASEOther, Freehold30 Aug 2019£800,0001860.78%
30 Dec 2013£40,800First Sale
WILLOW LODGE GREAT GIBCRACKS CHASEDetached, FreeholdArea: 321 Sq.mtr25 Sep 2007£795,000224.49%
25 Sep 1998£245,000First Sale

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

GREAT GIBCRACKS CHASE, CM2 7TG Near By properties

Interactive Map

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

  • Detached
    • The average price is around £515,135 median price is £530,000 Standard Deviation is £206,831 with Total Sold: 17
    • The Last 5 Year average price is £525,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , MILL HILL FARM EAST HANNINGFIELD ROAD: £550,000 (Sold on 14 Dec 2020)
    • The first recorded sale happened at this postcode is , WILLOW LODGE GREAT GIBCRACKS CHASE: £245,000 (Sold on 25 Sep 1998)
  • Semi-Detached
    • The average price is around £343,333 median price is £370,000 Standard Deviation is £156,276 with Total Sold: 3
    • The Last 5 Year average price is £520,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , DAYS COTTAGE EAST HANNINGFIELD ROAD: £520,000 (Sold on 18 Aug 2020)
    • The first recorded sale happened at this postcode is , DAYS COTTAGE EAST HANNINGFIELD ROAD: £140,000 (Sold on 05 Nov 1998)
  • Other
    • The average price is around £420,400 median price is £420,400 Standard Deviation is £379,600 with Total Sold: 2
    • The Last 5 Year average price is £800,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , BROAD OAKS GREAT GIBCRACKS CHASE: £800,000 (Sold on 30 Aug 2019)
    • The first recorded sale happened at this postcode is , BROAD OAKS GREAT GIBCRACKS CHASE: £40,800 (Sold on 30 Dec 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£525,000 £1,099 2
2013£605,000 £4,060 1
2010£510,000 £3,297 2
2007£715,383 £2,588 6
2004£335,0001
2003£460,000 £3,087 1
2002£375,000 £2,325 1
2001£130,0001
2000£245,000 £1,644 1
1998£245,000 £763 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£520,000 £5,909 1
2007£370,000 £4,205 1
1998£140,000 £1,591 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£800,0001
2013£40,8001

House Type in CM2 7TG area

The most common house types in the CM2 7TG postcode area are Detached (115), Semi-detached (8), and temporary structure (3).

Total128
Detached115
Semi-detached8
temporary structure3
Terraced1
Shared house1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright64
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency9
Private rented: Other private rented4
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the CM2 7TG have 2 people in household (49), and 1 person in household (22).

2 people in household49
1 person in household22
3 people in household21
4 people in household21
6 people in household6
5 people in household5
0 people in household0
7 people in household0
8 or more people in household0