Housing Market Analysis for WALTERS CLOSE, CM2 8NU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £272,373 median price is £248,475 Standard Deviation is £143,205 with Total Sold: 24
- The Last 5 Year average price is £444,071 with Total Sold: 7
- The most recent sale happened at this postcode is 24 WALTERS CLOSE: £408,500 (Sold on 26 Jan 2024)
- The first recorded sale happened at this postcode is 10 WALTERS CLOSE: £385,000 (Sold on 15 Mar 2024)
Detached
- The average price is around £215,332 median price is £221,000 Standard Deviation is £30,878 with Total Sold: 3
- The most recent sale happened at this postcode is 30 WALTERS CLOSE: £249,995 (Sold on 17 Mar 2006)
- The first recorded sale happened at this postcode is 30 WALTERS CLOSE: £175,000 (Sold on 20 Jan 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 8NU 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£401,167	£4,126	3
2023	£467,500	£4,858	2
2021	£625,000	£6,720	1
2020	£345,000	£4,423	1
2017	£250,000		1
2016	£395,000	£3,624	1
2015	£405,000	£3,068	1
2014	£274,000	£3,362	2
2012	£215,000	£3,359	1
2007	£246,950	£3,478	1
2005	£207,500		1
2002	£160,750	£2,218	2
2001	£146,000	£2,014	2
2000	£129,000	£1,781	2
1999	£105,000	£1,061	1
1998	£104,000		1
1996	£80,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£249,995	£1,894	1
2005	£221,000		1
2003	£175,000	£1,326	1

All the Sales in the WALTERS CLOSE, CM2 8NU

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

Address	Sold Date	Price	% Change
24 WALTERS CLOSESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1967-1975	26 Jan 2024	£408,500	289.05%
	14 Jul 1999	£105,000	First Sale
6 WALTERS CLOSESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1976-1982	03 Jul 2023	£425,000	199.30%
	08 Jun 2001	£142,000	9.23%
	11 Jul 2000	£130,000	First Sale
20 WALTERS CLOSESemi-Detached, FreeholdArea: 131 Sq.mtrAge: 1950-1966	12 Apr 2023	£510,000	First Sale
3 WALTERS CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-1966	26 Feb 2021	£625,000	120.85%
	08 Apr 2014	£283,000	First Sale
15 WALTERS CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	27 Apr 2020	£345,000	First Sale
26 WALTERS CLOSESemi-Detached, Freehold	31 Jul 2017	£250,000	First Sale
1 WALTERS CLOSESemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1950-1966	23 Sep 2016	£395,000	First Sale
30 WALTERS CLOSESemi-Detached, FreeholdArea: 132 Sq.mtrAge: 1967-1975	06 Oct 2015	£405,000	62.00%
	17 Mar 2006	£249,995	42.85%
	20 Jan 2003	£175,000	First Sale
9 WALTERS CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	29 Sep 2014	£265,000	First Sale
7 WALTERS CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1950-1966	22 Jun 2012	£215,000	First Sale
10 WALTERS CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-1966	27 Feb 2007	£246,950	56.79%
	17 Jul 2002	£157,500	-59.09%
	15 Mar 2024	£385,000	First Sale
8 WALTERS CLOSEDetached, Freehold	02 Sep 2005	£221,000	First Sale
12 WALTERS CLOSESemi-Detached, Freehold	25 Aug 2005	£207,500	First Sale
14 WALTERS CLOSESemi-Detached, Freehold	16 Oct 2002	£164,000	First Sale
5 WALTERS CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	19 Oct 2001	£150,000	First Sale
11 WALTERS CLOSESemi-Detached, Freehold	21 Jan 2000	£128,000	First Sale
28 WALTERS CLOSESemi-Detached, Freehold	03 Jul 1998	£104,000	First Sale
27 WALTERS CLOSESemi-Detached, Freehold	04 Oct 1996	£80,500	First Sale
17 WALTERS CLOSESemi-Detached, Freehold	19 Feb 2024	£410,000	First Sale

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

WALTERS CLOSE, CM2 8NU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £231,866 median price is £215,000 Standard Deviation is £125,216 with Total Sold: 585
- The Last 5 Year average price is £404,876 with Total Sold: 98
- The most recent sale happened at this postcode is , 7 BRAZIERS CLOSE: £380,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 53 CANNON LEYS: £76,000 (Sold on 24 Feb 1995)
Detached
- The average price is around £323,485 median price is £292,500 Standard Deviation is £184,360 with Total Sold: 302
- The Last 5 Year average price is £576,526 with Total Sold: 41
- The most recent sale happened at this postcode is , 29 PAVITT MEADOW: £665,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 14 ARNOLD WAY: £90,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £197,797 median price is £186,000 Standard Deviation is £98,072 with Total Sold: 387
- The Last 5 Year average price is £319,299 with Total Sold: 81
- The most recent sale happened at this postcode is , 6 MOSS PATH: £365,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 5 BULLEN WALK: £53,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £110,157 median price is £109,995 Standard Deviation is £49,081 with Total Sold: 98
- The Last 5 Year average price is £177,014 with Total Sold: 14
- The most recent sale happened at this postcode is , 15 ARCHERS WAY: £180,000 (Sold on 17 Nov 2023)
- The first recorded sale happened at this postcode is , 66 KEENE WAY: £65,000 (Sold on 16 Jun 1995)
Other
- The average price is around £201,389 median price is £86,000 Standard Deviation is £334,325 with Total Sold: 9
- The Last 5 Year average price is £201,389 with Total Sold: 9
- The most recent sale happened at this postcode is , 99 WATCHOUSE ROAD: £1,125,000 (Sold on 19 Aug 2022)
- The first recorded sale happened at this postcode is , 61 WATCHOUSE ROAD: £1,000 (Sold on 19 Jun 2019)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£424,812	£4,449	8
2023	£436,905	£4,675	21
2022	£409,906	£4,981	16
2021	£428,416	£4,265	14
2020	£383,690	£4,267	21
2019	£360,583	£3,940	18
2018	£403,891	£3,747	16
2017	£351,806	£4,082	18
2016	£351,280	£3,738	23
2015	£325,708	£3,424	12
2014	£293,500	£3,208	18
2013	£269,029	£2,645	17
2012	£226,438	£2,712	17
2011	£227,607	£2,881	14
2010	£235,997	£2,727	18
2009	£225,000	£2,254	8
2008	£229,429	£2,706	14
2007	£254,938	£2,605	26
2006	£215,614	£2,539	21
2005	£211,692	£2,235	19
2004	£200,231	£2,093	34
2003	£187,910	£2,028	25
2002	£154,576	£1,790	15
2001	£136,150	£1,586	25
2000	£118,363	£1,201	26
1999	£89,431	£861	16
1998	£83,921	£894	29
1997	£85,364	£913	24
1996	£70,932	£724	22
1995	£69,038	£774	30

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£621,000	£4,620	5
2023	£641,667	£6,341	3
2022	£616,792	£5,798	12
2021	£512,655	£4,905	10
2020	£554,500	£3,772	6
2019	£550,500	£3,523	5
2018	£599,583	£4,210	6
2017	£528,000	£4,562	5
2016	£493,950	£3,882	10
2015	£443,345	£3,204	10
2014	£398,142	£2,942	7
2013	£434,125	£3,286	8
2012	£353,850	£3,391	10
2011	£405,250	£2,794	10
2010	£342,314	£3,232	11
2009	£340,350	£2,297	10
2008	£412,292	£2,625	6
2007	£341,264	£2,940	14
2006	£295,583	£2,375	12
2005	£306,475	£2,105	8
2004	£320,700	£2,230	11
2003	£279,999	£2,337	7
2002	£222,629	£1,899	12
2001	£210,111	£1,384	9
2000	£215,667	£1,258	9
1999	£129,000	£922	13
1998	£176,100	£1,245	15
1997	£151,586	£1,158	32
1996	£118,425	£854	14
1995	£112,996	£955	12

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£321,375	£4,218	4
2023	£318,131	£3,927	16
2022	£371,462	£4,771	16
2021	£314,000	£3,863	20
2020	£298,365	£3,762	13
2019	£282,125	£3,341	12
2018	£285,731	£3,835	13
2017	£281,808	£3,415	13
2016	£271,625	£3,231	12
2015	£242,750	£2,984	32
2014	£219,882	£2,825	22
2013	£205,583	£2,467	12
2012	£182,500	£2,263	3
2011	£192,700	£2,385	10
2010	£200,438	£2,371	9
2009	£176,862	£2,052	4
2008	£190,000	£2,021	2
2007	£175,333	£2,076	15
2006	£172,441	£2,118	18
2005	£180,541	£1,998	12
2004	£159,661	£2,023	17
2003	£146,227	£1,861	11
2002	£115,575	£1,354	12
2001	£94,000	£1,243	13
2000	£84,541	£873	12
1999	£66,529	£780	15
1998	£64,979	£739	11
1997	£57,397	£683	16
1996	£49,281	£568	13
1995	£54,444	£669	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£185,000	£3,218	2
2022	£197,925	£3,351	4
2021	£166,333	£4,159	3
2020	£171,875	£3,180	4
2019	£130,000	£3,095	1
2018	£180,500	£2,632	2
2017	£167,667	£3,245	3
2016	£140,120	£2,719	5
2015	£145,633	£2,498	3
2014	£121,527	£2,356	6
2013	£131,225	£1,759	2
2012	£113,832	£2,010	3
2011	£142,000	£2,285	3
2010	£124,500	£1,917	3
2009	£94,000	£2,148	2
2008	£123,000	£2,481	2
2007	£128,833	£2,413	3
2006	£112,250	£2,276	4
2005	£105,150	£2,218	5
2004	£92,300	£1,852	5
2003	£100,875	£2,155	4
2002	£74,618	£1,561	9
2001	£60,167	£1,836	3
2000	£53,665	£1,162	3
1999	£39,500	£697	2
1998	£33,686	£833	4
1997	£30,100	£432	5
1996	£40,250	£549	2
1995	£65,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,125,000	£6,392	1
2021	£134,333	£1,096	3
2020	£70,875	£1,417	4
2019	£1,000		1

House Type in CM2 8NU area

The most common house types in the CM2 8NU postcode area are Semi-detached (127), Detached (7), and Terraced (1).

Total	135
Semi-detached	127
Detached	7
Terraced	1
Flat	0
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 outright (79), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	79
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	7
Social rented: Other social rented	1
Private rented: Other private rented	1
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0

Number of People in a Household

The most houses in the CM2 8NU have 2 people in household (47), and 1 person in household (40).

2 people in household	47
1 person in household	40
3 people in household	23
4 people in household	17
5 people in household	6
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0