Housing Market Analysis for CM2 8LY

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average CM2 8LY 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 8LY

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

    AddressSold DatePrice% Change

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

    CM2 8LY Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £211,429 median price is £203,000 Standard Deviation is £115,690 with Total Sold: 254
      • The Last 5 Year average price is £394,974 with Total Sold: 38
      • The most recent sale happened at this postcode is , 492 LINNET DRIVE: £333,000 (Sold on 28 Aug 2024)
      • The first recorded sale happened at this postcode is , 540 LINNET DRIVE: £55,995 (Sold on 06 Jan 1995)
    • Terraced
      • The average price is around £187,225 median price is £181,000 Standard Deviation is £95,760 with Total Sold: 421
      • The Last 5 Year average price is £332,307 with Total Sold: 61
      • The most recent sale happened at this postcode is , 2 SKYLARK WALK: £365,000 (Sold on 21 Aug 2024)
      • The first recorded sale happened at this postcode is , 38 SKYLARK WALK: £54,000 (Sold on 20 Jan 1995)
    • Detached
      • The average price is around £363,177 median price is £324,000 Standard Deviation is £233,295 with Total Sold: 77
      • The Last 5 Year average price is £645,818 with Total Sold: 11
      • 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)
    • Other
      • The average price is around £670,000 median price is £670,000 Standard Deviation is £0 with Total Sold: 1
      • The Last 5 Year average price is £670,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 190 GALLEYWOOD ROAD: £670,000 (Sold on 25 Jun 2020)
      • The first recorded sale happened at this postcode is , 190 GALLEYWOOD ROAD: £670,000 (Sold on 25 Jun 2020)
    • Flat
      • The average price is around £103,000 median price is £103,000 Standard Deviation is £45,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , 30 SKYLARK WALK: £148,000 (Sold on 31 Mar 2003)
      • The first recorded sale happened at this postcode is , 30 SKYLARK WALK: £58,000 (Sold on 20 May 1999)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£412,7502
    2023£421,500 £5,184 6
    2022£479,000 £5,357 5
    2021£356,250 £4,035 8
    2020£361,500 £4,442 8
    2019£390,833 £4,016 9
    2018£375,714 £3,942 7
    2017£360,000 £3,813 5
    2016£334,700 £3,458 5
    2015£299,438 £3,339 8
    2014£259,714 £3,025 7
    2013£264,917 £2,679 6
    2012£230,748 £2,525 4
    2011£226,844 £2,413 8
    2010£217,909 £2,391 11
    2009£186,714 £2,008 7
    2008£253,167 £2,714 3
    2007£231,286 £2,594 7
    2006£217,153 £2,091 16
    2005£197,2857
    2004£190,734 £2,133 17
    2003£176,812 £1,852 8
    2002£151,992 £1,686 12
    2001£125,856 £1,378 9
    2000£102,342 £1,132 13
    1999£89,479 £1,003 12
    1998£77,311 £727 8
    1997£70,689 £638 14
    1996£67,412 £586 12
    1995£67,699 £735 10
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£346,250 £4,143 8
    2023£348,214 £4,100 7
    2022£351,371 £4,289 14
    2021£319,875 £4,063 12
    2020£329,250 £3,816 8
    2019£305,958 £3,828 12
    2018£293,247 £3,698 17
    2017£288,231 £3,680 13
    2016£293,312 £3,458 16
    2015£245,761 £3,059 21
    2014£233,147 £2,982 17
    2013£205,272 £2,590 11
    2012£198,286 £2,536 14
    2011£194,999 £2,225 7
    2010£197,167 £2,285 12
    2009£174,458 £2,577 12
    2008£194,237 £2,493 8
    2007£192,781 £2,724 16
    2006£173,361 £2,398 18
    2005£168,637 £2,191 16
    2004£160,041 £2,026 12
    2003£142,638 £1,757 16
    2002£122,444 £1,549 18
    2001£94,019 £1,143 16
    2000£89,865 £1,122 15
    1999£72,277 £987 18
    1998£68,576 £958 23
    1997£62,720 £752 22
    1996£52,750 £647 14
    1995£53,806 £701 8
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£640,0001
    2023£637,500 £6,117 2
    2022£627,250 £5,826 4
    2021£715,000 £3,972 1
    2020£654,998 £4,558 3
    2018£619,667 £3,842 6
    2017£718,333 £4,594 3
    2016£340,000 £3,566 1
    2015£530,000 £3,841 1
    2014£413,333 £3,172 3
    2013£288,000 £2,618 1
    2012£437,500 £3,005 3
    2011£249,998 £2,571 3
    2010£328,000 £3,113 3
    2009£323,500 £1,653 2
    2008£446,250 £2,599 3
    2007£315,323 £2,733 5
    2006£375,0001
    2005£237,998 £2,285 3
    2004£346,625 £2,149 4
    2003£237,099 £2,424 5
    2002£161,000 £1,518 4
    2001£121,000 £1,387 2
    2000£82,0001
    1999£128,438 £1,276 4
    1998£179,000 £1,041 1
    1997£87,9951
    1996£64,667 £613 3
    1995£125,667 £940 3
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£670,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2003£148,0001
    1999£58,0001

    House Type in CM2 8LY area

    The most common house types in the CM2 8LY 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 8LY 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