Housing Market Analysis for READERS COURT, CM2 8EX

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

Overview of Sold House prices

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

Terraced
- The average price is around £182,656 median price is £166,500 Standard Deviation is £89,167 with Total Sold: 32
- The Last 5 Year average price is £294,277 with Total Sold: 9
- The most recent sale happened at this postcode is 51 READERS COURT: £374,000 (Sold on 06 Mar 2023)
- The first recorded sale happened at this postcode is 67 READERS COURT: £51,500 (Sold on 10 Oct 1995)
Semi-Detached
- The average price is around £182,925 median price is £164,350 Standard Deviation is £61,973 with Total Sold: 4
- The Last 5 Year average price is £285,000 with Total Sold: 1
- The most recent sale happened at this postcode is 30 READERS COURT: £285,000 (Sold on 19 Sep 2019)
- The first recorded sale happened at this postcode is 54 READERS COURT: £118,000 (Sold on 03 Jul 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 8EX 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	£374,000	£3,667	1
2021	£297,165	£3,825	3
2020	£273,875	£3,293	4
2019	£287,500	£3,305	1
2016	£273,750	£3,398	2
2015	£200,000	£2,632	1
2014	£180,000	£2,647	1
2013	£161,000	£2,176	1
2012	£174,000	£2,047	1
2011	£168,000	£2,236	1
2010	£179,995	£2,363	1
2009	£165,000	£1,875	1
2005	£155,667	£1,988	3
2004	£132,500	£1,791	1
2003	£137,750	£1,676	2
2001	£88,498	£1,055	2
1999	£67,000	£826	3
1998	£58,500	£665	1
1997	£57,995		1
1995	£51,500	£585	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£285,000	£3,271	1
2012	£168,700	£1,936	1
2010	£160,000	£2,353	1
2002	£118,000	£1,735	1

All the Sales in the READERS COURT, CM2 8EX

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

Address	Sold Date	Price	% Change
51 READERS COURTTerraced, FreeholdArea: 102 Sq.mtrAge: 1950-1966	06 Mar 2023	£374,000	First Sale
47 READERS COURTTerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	15 Oct 2021	£292,000	67.82%
	02 May 2012	£174,000	First Sale
28 READERS COURTTerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	06 Aug 2021	£299,495	86.02%
	26 Jul 2013	£161,000	3.87%
	27 May 2005	£155,000	First Sale
36 READERS COURTTerraced, FreeholdArea: 75.14 Sq.mtrAge: 1967-1975	02 Jul 2021	£300,000	78.57%
	03 Nov 2011	£168,000	12.00%
	26 May 2005	£150,000	13.21%
	19 Mar 2004	£132,500	First Sale
57 READERS COURTTerraced, FreeholdArea: 95 Sq.mtrAge: 1967-1975	27 Nov 2020	£290,000	First Sale
46 READERS COURTTerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	24 Jul 2020	£267,500	33.75%
	12 Feb 2015	£200,000	First Sale
52 READERS COURTTerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	24 Jul 2020	£250,000	First Sale
45 READERS COURTTerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	06 Mar 2020	£288,000	First Sale
30 READERS COURTSemi-Detached, FreeholdArea: 87.12 Sq.mtrAge: 1967-1975	19 Sep 2019	£285,000	68.94%
	12 Mar 2012	£168,700	First Sale
43 READERS COURTTerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	16 Sep 2019	£287,500	342.31%
	09 Aug 1999	£65,000	First Sale
67 READERS COURTTerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	01 Dec 2016	£280,000	69.70%
	05 Aug 2009	£165,000	1.85%
	13 Jun 2005	£162,000	9.83%
	24 Jul 2003	£147,500	186.41%
	10 Oct 1995	£51,500	First Sale
48 READERS COURTTerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	24 Jun 2016	£267,500	299.25%
	08 Oct 1999	£67,000	First Sale
54 READERS COURTTerraced, FreeholdArea: 68 Sq.mtrAge: 1976-1982	21 Mar 2014	£180,000	12.50%
	20 Sep 2010	£160,000	35.59%
	03 Jul 2002	£118,000	First Sale
42 READERS COURTTerraced, FreeholdArea: 76.16 Sq.mtrAge: 1967-1975	22 Sep 2010	£179,995	First Sale
31 READERS COURTTerraced, Freehold	31 Jan 2003	£128,000	First Sale
29 READERS COURTTerraced, FreeholdArea: 82.5 Sq.mtrAge: 1967-1975	03 Aug 2001	£87,000	First Sale
65 READERS COURTTerraced, Freehold	19 Mar 2001	£89,995	First Sale
34 READERS COURTTerraced, Freehold	29 Nov 1999	£69,000	18.98%
34 READERS COURTTerraced, Freehold	25 Jul 1997	£57,995	First Sale
49 READERS COURTTerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	24 Jul 1998	£58,500	First Sale

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

READERS COURT, CM2 8EX Near By properties

Interactive Map

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

Detached
- The average price is around £364,406 median price is £345,000 Standard Deviation is £212,996 with Total Sold: 373
- The Last 5 Year average price is £608,915 with Total Sold: 68
- 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 £191,788 median price is £179,000 Standard Deviation is £98,912 with Total Sold: 467
- The Last 5 Year average price is £319,878 with Total Sold: 86
- 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 £252,945 median price is £244,500 Standard Deviation is £129,718 with Total Sold: 394
- The Last 5 Year average price is £418,357 with Total Sold: 75
- 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 £159,294 median price is £172,000 Standard Deviation is £65,776 with Total Sold: 333
- The Last 5 Year average price is £223,543 with Total Sold: 69
- 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 £738,710 median price is £890,296 Standard Deviation is £365,305 with Total Sold: 8
- The Last 5 Year average price is £701,614 with Total Sold: 6
- The most recent sale happened at this postcode is , 10 SAWKINS CLOSE: £358,500 (Sold on 08 Jul 2022)
- 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	£476,625	£4,280	8
2022	£714,745	£5,672	11
2021	£677,179	£5,078	14
2020	£661,038	£4,573	13
2019	£454,062	£4,420	16
2018	£455,250	£3,527	8
2017	£485,636	£4,097	11
2016	£432,688	£4,553	8
2015	£510,400	£4,037	15
2014	£407,035	£3,233	14
2013	£387,167	£3,631	6
2012	£404,021	£3,226	21
2011	£388,147	£3,057	17
2010	£373,441	£3,247	17
2009	£349,595	£2,601	19
2008	£310,269	£2,820	13
2007	£333,059	£2,468	8
2006	£340,591	£2,462	11
2005	£322,226	£2,652	11
2004	£372,285	£3,539	7
2003	£309,577	£1,989	13
2002	£211,995	£1,879	11
2001	£200,906	£1,466	15
2000	£248,583	£1,711	12
1999	£144,900	£1,263	10
1998	£139,541	£1,076	11
1997	£145,914	£940	14
1996	£127,661	£927	18
1995	£136,517	£1,101	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£313,333		3
2023	£325,808	£3,750	13
2022	£374,577	£4,154	13
2021	£322,875	£3,575	26
2020	£287,500	£3,290	9
2019	£294,648	£3,306	22
2018	£316,545	£3,568	11
2017	£294,750	£3,102	8
2016	£290,153	£3,264	16
2015	£259,860	£2,842	25
2014	£217,333	£2,539	12
2013	£207,955	£2,218	22
2012	£207,125	£2,216	20
2011	£223,124	£2,703	16
2010	£203,531	£2,141	16
2009	£179,469	£2,078	8
2008	£177,558	£2,386	6
2007	£183,250	£1,936	18
2006	£172,588	£1,970	17
2005	£165,750	£1,881	18
2004	£153,780	£1,805	16
2003	£149,750	£1,731	16
2002	£109,938	£1,332	24
2001	£85,933	£1,073	15
2000	£92,249	£1,020	21
1999	£69,025	£785	21
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	£442,778	£5,027	9
2022	£479,925	£5,629	16
2021	£423,682	£4,043	22
2020	£366,875	£3,871	12
2019	£366,607	£4,448	14
2018	£384,688	£4,348	8
2017	£374,946	£3,758	14
2016	£308,244	£3,369	8
2015	£334,392	£3,542	14
2014	£279,087	£3,597	12
2013	£302,453	£2,999	16
2012	£262,358	£2,845	12
2011	£256,272	£3,112	16
2010	£250,167	£3,473	9
2009	£261,853	£2,572	18
2008	£313,409	£3,118	11
2007	£261,092	£3,037	13
2006	£223,372	£2,772	20
2005	£232,445	£2,272	11
2004	£202,833	£2,354	18
2003	£198,624	£2,243	12
2002	£166,545	£1,578	11
2001	£117,750	£1,316	12
2000	£108,125	£1,500	8
1999	£100,692	£876	18
1998	£92,743	£1,176	11
1997	£81,692	£945	13
1996	£71,387	£792	20
1995	£76,761	£660	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£245,708	£4,137	12
2022	£229,000	£3,806	9
2021	£221,853	£3,707	19
2020	£209,333	£3,609	9
2019	£215,788	£3,418	20
2018	£226,500	£3,939	10
2017	£208,705	£3,668	19
2016	£215,425	£3,623	14
2015	£188,103	£3,154	19
2014	£170,000	£2,966	10
2013	£160,167	£2,845	21
2012	£163,410	£2,623	22
2011	£172,036	£2,938	14
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
2022	£358,500	£4,717	1
2021	£290,000		1
2019	£890,296	£15,028	4
2018	£300,000	£2,970	1
2016	£1,400,000		1

House Type in CM2 8EX area

The most common house types in the CM2 8EX postcode area are Terraced (104), Flat (11), and Semi-detached (9).

Total	128
Terraced	104
Flat	11
Semi-detached	9
Detached	4
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (46), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan	46
Owned: Owns outright	36
Social rented: Other social rented	25
Private rented: Private landlord or letting agency	14
Social rented: Rents from council or Local Authority	7
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the CM2 8EX have 2 people in household (39), and 1 person in household (38).

2 people in household	39
1 person in household	38
3 people in household	21
4 people in household	21
5 people in household	9
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0