Housing Market Analysis for CM2 8LU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average CM2 8LU 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.

    All the Sales in the CM2 8LU

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

    AddressSold DatePrice% Change

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

    CM2 8LU Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £330,498 median price is £315,000 Standard Deviation is £190,234 with Total Sold: 113
      • The Last 5 Year average price is £551,841 with Total Sold: 18
      • The most recent sale happened at this postcode is , 247 BEEHIVE LANE: £640,000 (Sold on 05 Jul 2024)
      • The first recorded sale happened at this postcode is , 58 GOSHAWK DRIVE: £72,000 (Sold on 20 Jan 1995)
    • Terraced
      • The average price is around £184,518 median price is £180,000 Standard Deviation is £92,561 with Total Sold: 544
      • The Last 5 Year average price is £324,159 with Total Sold: 73
      • The most recent sale happened at this postcode is , 4 PETREL WAY: £297,500 (Sold on 30 May 2024)
      • The first recorded sale happened at this postcode is , 38 SKYLARK WALK: £54,000 (Sold on 20 Jan 1995)
    • Other
      • The average price is around £231,833 median price is £15,000 Standard Deviation is £309,836 with Total Sold: 3
      • The Last 5 Year average price is £231,833 with Total Sold: 3
      • The most recent sale happened at this postcode is GARAGE, 66 LIME WALK: £15,000 (Sold on 13 Dec 2023)
      • The first recorded sale happened at this postcode is , 190 GALLEYWOOD ROAD: £670,000 (Sold on 25 Jun 2020)
    • Semi-Detached
      • The average price is around £221,476 median price is £207,500 Standard Deviation is £125,247 with Total Sold: 432
      • The Last 5 Year average price is £407,269 with Total Sold: 66
      • The most recent sale happened at this postcode is , 115 GOSHAWK DRIVE: £412,000 (Sold on 08 Dec 2023)
      • The first recorded sale happened at this postcode is , 135 LUCAS AVENUE: £57,000 (Sold on 24 Mar 1995)
    • Flat
      • The average price is around £114,444 median price is £120,000 Standard Deviation is £49,911 with Total Sold: 27
      • The Last 5 Year average price is £163,750 with Total Sold: 4
      • The most recent sale happened at this postcode is , 26 GARDENERS: £162,000 (Sold on 11 Aug 2021)
      • The first recorded sale happened at this postcode is , 30 GARDENERS: £19,980 (Sold on 01 Dec 1997)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£640,0001
    2023£417,500 £5,205 2
    2022£551,333 £4,316 3
    2021£519,164 £4,312 7
    2020£627,499 £4,593 4
    2019£660,000 £4,430 1
    2018£532,167 £4,240 6
    2017£665,000 £4,696 4
    2016£370,000 £3,725 2
    2015£512,750 £3,456 4
    2014£430,000 £3,052 5
    2013£359,000 £4,425 2
    2012£336,250 £2,535 2
    2011£352,200 £3,425 3
    2010£386,687 £3,197 3
    2009£150,000 £1,666 2
    2008£249,0001
    2007£241,4752
    2006£296,667 £2,908 3
    2005£279,382 £2,368 6
    2004£353,312 £2,383 8
    2003£243,356 £2,424 7
    2002£180,886 £1,969 7
    2001£129,400 £1,312 5
    2000£171,5004
    1999£128,438 £1,276 4
    1998£116,833 £1,099 3
    1997£105,561 £1,057 4
    1996£123,8333
    1995£125,300 £1,146 5
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£354,100 £4,143 5
    2023£343,833 £4,311 6
    2022£363,655 £4,638 11
    2021£324,974 £4,186 19
    2020£305,915 £3,838 13
    2019£298,868 £3,790 19
    2018£287,447 £3,774 19
    2017£287,417 £3,832 18
    2016£284,022 £3,462 20
    2015£247,023 £3,068 21
    2014£234,416 £3,100 24
    2013£201,520 £2,591 24
    2012£195,763 £2,495 19
    2011£189,700 £2,448 10
    2010£198,800 £2,308 15
    2009£173,392 £2,152 14
    2008£187,714 £2,438 7
    2007£192,404 £2,292 27
    2006£175,025 £2,435 28
    2005£169,953 £2,089 17
    2004£160,962 £2,189 20
    2003£148,054 £1,892 22
    2002£120,405 £1,466 21
    2001£97,330 £1,252 22
    2000£90,260 £1,095 23
    1999£70,228 £976 24
    1998£65,208 £844 18
    1997£66,713 £779 22
    1996£51,488 £602 21
    1995£52,901 £697 15
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£15,0001
    2020£340,2502
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£389,292 £5,329 12
    2022£477,250 £5,245 13
    2021£437,000 £4,664 14
    2020£353,900 £4,478 10
    2019£373,353 £4,295 17
    2018£385,357 £4,044 14
    2017£346,125 £3,881 10
    2016£335,388 £3,484 9
    2015£314,033 £3,450 15
    2014£272,308 £3,577 13
    2013£287,375 £2,696 8
    2012£238,332 £2,820 9
    2011£227,613 £2,799 15
    2010£218,579 £2,724 12
    2009£203,036 £2,106 14
    2008£231,056 £2,728 9
    2007£240,761 £2,739 21
    2006£216,528 £2,371 23
    2005£194,107 £2,479 14
    2004£196,867 £2,307 23
    2003£181,433 £2,046 15
    2002£149,822 £1,673 22
    2001£118,919 £1,366 16
    2000£94,844 £1,414 16
    1999£87,802 £950 19
    1998£79,508 £937 18
    1997£73,046 £800 22
    1996£64,300 £730 15
    1995£62,803 £679 14
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£187,000 £3,557 2
    2019£140,500 £2,312 2
    2017£205,000 £3,060 1
    2016£158,000 £2,981 1
    2015£126,250 £2,597 2
    2013£112,250 £2,077 2
    2007£125,500 £2,387 4
    2006£120,833 £2,309 3
    2005£132,000 £2,472 1
    2004£104,500 £2,269 2
    2003£148,0001
    2001£46,248 £855 2
    1999£46,0002
    1997£28,490 £488 2

    House Type in CM2 8LU area

    The most common house types in the CM2 8LU postcode area are Detached (76), Semi-detached (54), and Terraced (0).

    Total130
    Detached76
    Semi-detached54
    Terraced0
    Flat0
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (43).

    Owned: Owns outright76
    Owned: Owns with a mortgage or loan43
    Private rented: Private landlord or letting agency7
    Private rented: Other private rented3
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the CM2 8LU have 2 people in household (56), and 3 people in household (25).

    2 people in household56
    3 people in household25
    4 people in household23
    1 person in household19
    5 people in household6
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0