Housing Market Analysis for READERS COURT, CM2 8EU

Are you looking to understand CM2 8EU 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 8EU area, explore the CM2 8EU Area information page.
For comprehensive crime statistics in the CM2 8EU area, explore the CM2 8EU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM2 8EU postcode area, The average prices are as follows,

Terraced
- The average price is around £187,125 median price is £168,000 Standard Deviation is £82,833 with Total Sold: 28
- The Last 5 Year average price is £333,333 with Total Sold: 3
- The most recent sale happened at this postcode is 8 READERS COURT: £352,500 (Sold on 17 Mar 2023)
- The first recorded sale happened at this postcode is 1 READERS COURT: £51,000 (Sold on 20 Nov 1996)
Other
- The average price is around £290,000 median price is £290,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £290,000 with Total Sold: 1
- The most recent sale happened at this postcode is GARAGE, 11 READERS COURT: £290,000 (Sold on 15 Sep 2021)
- The first recorded sale happened at this postcode is GARAGE, 11 READERS COURT: £290,000 (Sold on 15 Sep 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 8EU 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£352,500	£3,711	1
2022	£357,500	£4,157	1
2021	£290,000	£3,494	1
2019	£280,000	£3,220	2
2018	£312,000	£3,467	1
2017	£275,000	£3,313	1
2015	£242,000	£2,444	1
2014	£197,000	£2,285	2
2013	£185,000	£2,102	1
2011	£160,000	£1,818	1
2009	£168,500	£1,886	2
2008	£154,000	£1,919	2
2007	£168,000	£2,024	2
2006	£166,500	£1,951	2
2005	£155,000		1
2004	£150,750	£1,695	2
2001	£73,500	£1,024	3
1999	£69,500	£821	1
1996	£51,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£290,000		1

All the Sales in the READERS COURT, CM2 8EU

See the table below for more details on the sold house prices in the CM2 8EU, Chelmsford postcode.

Address	Sold Date	Price	% Change
8 READERS COURTTerraced, FreeholdArea: 95 Sq.mtrAge: 1967-1975	17 Mar 2023	£352,500	117.59%
	06 Nov 2009	£162,000	First Sale
19 READERS COURTTerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	19 Aug 2022	£357,500	23.28%
	13 Dec 2019	£290,000	75.76%
	29 Aug 2008	£165,000	-1.79%
	17 Feb 2006	£168,000	First Sale
GARAGE, 11 READERS COURTOther, Freehold	15 Sep 2021	£290,000	First Sale
11 READERS COURTTerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	15 Sep 2021	£290,000	5.45%
	09 Mar 2017	£275,000	34.15%
	20 Jun 2014	£205,000	22.02%
	06 Jul 2007	£168,000	97.65%
	25 May 2001	£85,000	First Sale
20 READERS COURTTerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	11 Mar 2019	£270,000	45.95%
	29 Jul 2013	£185,000	15.62%
	10 Jun 2011	£160,000	First Sale
7 READERS COURTTerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	10 Jul 2018	£312,000	65.08%
	20 Mar 2014	£189,000	First Sale
21 READERS COURTTerraced, FreeholdArea: 99 Sq.mtrAge: 1967-1975	06 Nov 2015	£242,000	First Sale
6 READERS COURTTerraced, FreeholdArea: 84.66 Sq.mtrAge: 1950-1966	17 Jul 2009	£175,000	6.06%
	10 May 2006	£165,000	14.98%
	14 Apr 2004	£143,500	106.47%
	22 Nov 1999	£69,500	First Sale
5 READERS COURTTerraced, Freehold	07 Nov 2008	£143,000	First Sale
23 READERS COURTTerraced, Freehold	22 Feb 2007	£168,000	216.98%
23 READERS COURTTerraced, Freehold	22 Oct 2001	£53,000	First Sale
9 READERS COURTTerraced, Freehold	09 Sep 2005	£155,000	First Sale
1 READERS COURTTerraced, Freehold	04 Jun 2004	£158,000	209.80%
1 READERS COURTTerraced, Freehold	20 Nov 1996	£51,000	First Sale
14 READERS COURTTerraced, Freehold	02 Mar 2001	£82,500	First Sale

Check out the sold house prices near the CM2 8EU postcode. Properties currently for saleProperties currently for rent

READERS COURT, CM2 8EU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM2 8EU 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 8EU postcode.

Detached
- The average price is around £365,079 median price is £345,000 Standard Deviation is £206,848 with Total Sold: 445
- The Last 5 Year average price is £639,315 with Total Sold: 65
- The most recent sale happened at this postcode is , 40 GALLEYWOOD ROAD: £900,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 102 GALLEYWOOD ROAD: £175,000 (Sold on 31 Jan 1995)
Terraced
- The average price is around £207,027 median price is £186,500 Standard Deviation is £110,661 with Total Sold: 516
- The Last 5 Year average price is £344,509 with Total Sold: 72
- The most recent sale happened at this postcode is , 134 DORSET AVENUE: £320,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 408 DORSET AVENUE: £51,000 (Sold on 09 Jun 1995)
Semi-Detached
- The average price is around £259,926 median price is £249,995 Standard Deviation is £136,668 with Total Sold: 451
- The Last 5 Year average price is £443,889 with Total Sold: 69
- The most recent sale happened at this postcode is , 82 BEEHIVE LANE: £407,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 30 BELLS CHASE: £110,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £158,225 median price is £170,000 Standard Deviation is £65,945 with Total Sold: 341
- The Last 5 Year average price is £223,994 with Total Sold: 51
- The most recent sale happened at this postcode is , 48 MONTFORT DRIVE: £255,000 (Sold on 18 Dec 2023)
- The first recorded sale happened at this postcode is , 24 WOOD DALE: £43,000 (Sold on 30 Mar 1995)
Other
- The average price is around £701,898 median price is £890,296 Standard Deviation is £413,433 with Total Sold: 8
- The Last 5 Year average price is £290,000 with Total Sold: 1
- The most recent sale happened at this postcode is GARAGE, 11 READERS COURT: £290,000 (Sold on 15 Sep 2021)
- The first recorded sale happened at this postcode is , MARCONI ATHLETIC SOCIAL CLUB TYDEMANS: £1,400,000 (Sold on 06 Sep 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£732,000		6
2023	£510,900	£4,597	10
2022	£721,433	£5,713	12
2021	£636,131	£5,510	21
2020	£627,406	£4,988	16
2019	£450,000	£4,557	17
2018	£475,636	£3,529	11
2017	£488,357	£4,196	14
2016	£432,688	£4,553	8
2015	£510,400	£4,037	15
2014	£414,657	£3,263	19
2013	£381,444	£3,389	9
2012	£404,021	£3,226	21
2011	£372,239	£3,232	23
2010	£373,441	£3,247	17
2009	£347,205	£2,490	21
2008	£329,131	£3,320	19
2007	£345,820	£2,633	14
2006	£346,125	£2,479	16
2005	£324,976	£2,588	13
2004	£348,999	£3,539	9
2003	£298,100	£2,002	15
2002	£211,995	£1,879	11
2001	£198,350	£1,466	16
2000	£237,107	£1,711	14
1999	£161,833	£1,163	12
1998	£139,150	£1,201	13
1997	£141,223	£940	17
1996	£125,145	£972	20
1995	£132,578	£1,101	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£352,500		4
2023	£354,367	£3,707	15
2022	£374,577	£4,154	13
2021	£322,875	£3,575	26
2020	£343,921	£3,220	14
2019	£308,290	£3,383	25
2018	£316,545	£3,568	11
2017	£333,050	£3,140	10
2016	£298,261	£3,240	17
2015	£273,204	£2,830	27
2014	£230,038	£2,538	13
2013	£208,935	£2,255	23
2012	£220,708	£2,228	24
2011	£223,124	£2,703	16
2010	£233,450	£2,162	20
2009	£268,016	£2,168	16
2008	£268,103	£2,376	13
2007	£188,614	£1,936	21
2006	£178,605	£2,202	19
2005	£165,750	£1,881	18
2004	£154,249	£1,771	16
2003	£151,529	£1,908	17
2002	£110,801	£1,403	25
2001	£85,933	£1,073	15
2000	£92,249	£1,020	21
1999	£69,752	£785	22
1998	£63,941	£710	12
1997	£60,764	£663	16
1996	£46,538	£495	13
1995	£49,431	£538	14

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£428,500		2
2023	£442,250	£4,925	10
2022	£505,768	£5,635	20
2021	£437,435	£4,155	23
2020	£369,464	£3,895	14
2019	£372,821	£4,486	14
2018	£410,833	£4,177	9
2017	£394,721	£3,896	17
2016	£310,145	£3,435	10
2015	£340,715	£3,471	16
2014	£286,465	£3,490	13
2013	£307,862	£3,035	20
2012	£283,612	£2,906	16
2011	£256,272	£3,112	16
2010	£278,917	£3,327	12
2009	£267,124	£2,572	19
2008	£319,321	£3,000	14
2007	£265,157	£3,023	14
2006	£233,097	£2,661	25
2005	£231,575	£2,272	12
2004	£203,250	£2,386	20
2003	£190,840	£2,142	16
2002	£166,545	£1,578	11
2001	£119,857	£1,316	14
2000	£105,722	£1,500	9
1999	£100,422	£902	20
1998	£91,244	£1,152	13
1997	£80,642	£926	14
1996	£70,648	£790	22
1995	£76,853	£673	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£245,708	£4,137	12
2022	£225,600	£3,795	10
2021	£221,853	£3,707	19
2020	£200,400	£3,470	10
2019	£209,607	£3,331	21
2018	£215,455	£3,757	11
2017	£208,705	£3,668	19
2016	£212,730	£3,597	15
2015	£188,103	£3,154	19
2014	£157,916	£2,802	12
2013	£160,167	£2,845	21
2012	£163,410	£2,623	22
2011	£162,817	£2,793	15
2010	£159,659	£2,876	22
2009	£165,885	£2,652	13
2008	£155,333	£2,723	3
2007	£128,125	£2,297	8
2006	£116,999	£2,288	10
2005	£127,070	£2,168	10
2004	£111,250	£2,236	6
2003	£91,165	£1,871	3
2002	£89,593	£1,574	7
2001	£63,703	£1,161	12
2000	£60,825	£1,170	6
1999	£54,428	£1,019	7
1998	£41,571	£677	7
1997	£38,383	£653	7
1996	£35,111	£638	9
1995	£35,650	£666	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£290,000		1
2019	£890,296	£15,028	4
2018	£300,000	£2,970	1
2017	£64,000	£1,524	1
2016	£1,400,000		1

House Type in CM2 8EU area

The most common house types in the CM2 8EU postcode area are Terraced (83), Detached (36), and Semi-detached (11).

Total	131
Terraced	83
Detached	36
Semi-detached	11
temporary structure	1
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright	56
Owned: Owns with a mortgage or loan	49
Social rented: Other social rented	15
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CM2 8EU have 2 people in household (41), and 1 person in household (39).

2 people in household	41
1 person in household	39
3 people in household	23
4 people in household	18
5 people in household	10
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0