Housing Market Analysis for MARKLAND CLOSE, CM2 8RZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £181,740 median price is £175,000 Standard Deviation is £86,969 with Total Sold: 26
- The Last 5 Year average price is £272,500 with Total Sold: 4
- The most recent sale happened at this postcode is 6 MARKLAND CLOSE: £320,000 (Sold on 12 May 2023)
- The first recorded sale happened at this postcode is 36 MARKLAND CLOSE: £170,000 (Sold on 15 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 8RZ 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	£245,000	£3,230	2
2021	£300,000	£3,371	1
2019	£300,000	£3,448	1
2018	£325,000	£4,062	1
2017	£269,167	£3,194	3
2016	£249,500	£3,118	1
2015	£222,500	£2,853	1
2011	£171,333	£2,151	3
2010	£192,475	£2,315	2
2007	£184,995		1
2005	£165,750	£1,855	2
2003	£138,000		1
2001	£97,875	£1,198	2
2000	£86,000	£1,103	1
1999	£74,500		1
1998	£72,000	£923	1
1997	£29,120		1
1996	£19,935		1

All the Sales in the MARKLAND CLOSE, CM2 8RZ

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

Address	Sold Date	Price	% Change
6 MARKLAND CLOSETerraced, FreeholdArea: 92 Sq.mtrAge: 1967-1975	12 May 2023	£320,000	First Sale
14 MARKLAND CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-1966	15 Jan 2021	£300,000	8.11%
	28 Apr 2017	£277,500	First Sale
7 MARKLAND CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-1966	31 May 2019	£300,000	First Sale
26 MARKLAND CLOSETerraced, FreeholdArea: 80.01 Sq.mtrAge: 1950-1966	01 Oct 2018	£325,000	30.26%
	21 Nov 2016	£249,500	34.86%
	19 Apr 2010	£185,000	First Sale
8 MARKLAND CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	20 Apr 2017	£260,000	First Sale
17 MARKLAND CLOSETerraced, FreeholdArea: 86.24 Sq.mtrAge: 1950-1966	27 Jan 2017	£270,000	35.03%
	13 Dec 2010	£199,950	24.97%
	02 Jun 2005	£160,000	73.91%
	14 Jun 2001	£92,000	First Sale
40 MARKLAND CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-1966	02 Feb 2015	£222,500	114.46%
	24 Aug 2001	£103,750	20.64%
	05 May 2000	£86,000	19.44%
	04 Dec 1998	£72,000	First Sale
11 MARKLAND CLOSETerraced, FreeholdArea: 79.31 Sq.mtrAge: 1950-1966	11 Oct 2011	£175,000	First Sale
2 MARKLAND CLOSETerraced, FreeholdArea: 79.9 Sq.mtrAge: 1950-1966	18 Aug 2011	£175,000	First Sale
4 MARKLAND CLOSETerraced, FreeholdArea: 79.8 Sq.mtrAge: 1967-1975	16 Mar 2011	£164,000	First Sale
38 MARKLAND CLOSETerraced, Freehold	21 Jun 2007	£184,995	First Sale
34 MARKLAND CLOSETerraced, Freehold	16 Dec 2005	£171,500	First Sale
21 MARKLAND CLOSETerraced, Freehold	04 Jun 2003	£138,000	373.90%
21 MARKLAND CLOSETerraced, Freehold	24 Feb 1997	£29,120	First Sale
15 MARKLAND CLOSETerraced, Freehold	18 Nov 1999	£74,500	273.71%
15 MARKLAND CLOSETerraced, Freehold	04 Mar 1996	£19,935	First Sale
36 MARKLAND CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1950-1966	15 Dec 2023	£170,000	First Sale

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

MARKLAND CLOSE, CM2 8RZ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £238,080 median price is £219,725 Standard Deviation is £128,417 with Total Sold: 640
- The Last 5 Year average price is £418,144 with Total Sold: 111
- 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 £319,053 median price is £302,500 Standard Deviation is £167,074 with Total Sold: 355
- The Last 5 Year average price is £561,251 with Total Sold: 44
- 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 £187,453 median price is £179,998 Standard Deviation is £97,373 with Total Sold: 474
- The Last 5 Year average price is £317,895 with Total Sold: 86
- The most recent sale happened at this postcode is , 94 WEST LAWN: £350,000 (Sold on 18 Jul 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 £107,690 median price is £112,000 Standard Deviation is £50,267 with Total Sold: 209
- The Last 5 Year average price is £177,834 with Total Sold: 29
- The most recent sale happened at this postcode is , 104 BARNARD ROAD: £210,000 (Sold on 15 Apr 2024)
- The first recorded sale happened at this postcode is , 37 WEST LAWN: £12,240 (Sold on 05 Feb 1995)
Other
- The average price is around £182,750 median price is £71,250 Standard Deviation is £322,059 with Total Sold: 10
- The Last 5 Year average price is £182,750 with Total Sold: 10
- 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	£445,000	£4,840	27
2022	£423,031	£5,087	16
2021	£454,469	£4,470	16
2020	£392,604	£4,279	24
2019	£376,900	£4,107	20
2018	£400,403	£3,827	18
2017	£376,607	£4,151	14
2016	£351,588	£3,800	28
2015	£329,438	£3,786	16
2014	£306,294	£3,234	17
2013	£265,973	£2,782	19
2012	£233,414	£2,857	18
2011	£230,464	£2,921	14
2010	£243,365	£2,690	19
2009	£217,722	£2,186	9
2008	£224,088	£2,685	17
2007	£244,613	£2,560	30
2006	£218,016	£2,583	24
2005	£217,479	£2,284	17
2004	£208,379	£2,210	39
2003	£190,715	£1,917	29
2002	£157,207	£1,850	20
2001	£134,452	£1,546	26
2000	£119,979	£1,201	26
1999	£98,170	£1,068	17
1998	£88,581	£905	30
1997	£86,817	£962	26
1996	£70,932	£724	22
1995	£72,107	£845	34

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£604,167	£4,620	6
2023	£566,667	£5,503	3
2022	£584,150	£5,417	10
2021	£512,655	£4,905	10
2020	£557,450	£4,055	10
2019	£565,500	£3,289	5
2018	£515,722	£4,125	9
2017	£420,553	£4,096	9
2016	£497,650	£3,929	15
2015	£447,717	£3,063	9
2014	£406,055	£3,293	9
2013	£412,550	£3,319	10
2012	£361,090	£3,302	11
2011	£423,542	£3,133	12
2010	£351,068	£3,078	14
2009	£346,833	£2,490	9
2008	£346,000	£2,650	4
2007	£336,720	£2,989	16
2006	£318,406	£2,859	16
2005	£308,233	£2,644	12
2004	£322,900	£2,244	13
2003	£268,444	£2,190	9
2002	£212,703	£1,989	15
2001	£216,650	£1,494	10
2000	£207,077	£1,515	13
1999	£129,944	£1,129	18
1998	£170,294	£1,271	17
1997	£148,034	£1,136	37
1996	£126,425	£892	14
1995	£106,845	£1,128	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,500	£4,776	6
2023	£320,888	£3,892	17
2022	£367,729	£4,680	17
2021	£310,737	£3,751	19
2020	£300,000	£3,646	12
2019	£278,367	£3,240	15
2018	£284,667	£3,676	15
2017	£275,430	£3,324	17
2016	£266,357	£3,136	14
2015	£242,270	£2,878	37
2014	£216,024	£2,786	19
2013	£195,047	£2,392	16
2012	£183,333	£2,214	6
2011	£188,643	£2,309	14
2010	£191,994	£2,391	10
2009	£174,825	£2,028	6
2008	£189,500	£2,162	6
2007	£180,595	£2,163	21
2006	£166,354	£2,035	24
2005	£179,727	£1,935	11
2004	£160,812	£2,006	20
2003	£142,714	£1,841	14
2002	£114,587	£1,405	16
2001	£93,833	£1,243	12
2000	£84,050	£933	19
1999	£69,374	£839	20
1998	£65,805	£741	14
1997	£55,778	£681	28
1996	£43,817	£529	17
1995	£54,042	£646	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,000		2
2023	£184,500	£3,152	6
2022	£190,171	£3,490	7
2021	£164,200	£3,973	5
2020	£170,917	£3,091	6
2019	£157,500	£3,244	3
2018	£163,182	£2,846	5
2017	£168,200	£3,133	5
2016	£144,469	£2,833	13
2015	£145,700	£2,641	7
2014	£125,115	£2,355	10
2013	£120,350	£2,197	7
2012	£112,124	£2,045	4
2011	£129,000	£2,184	4
2010	£121,750	£1,916	4
2009	£94,000	£2,148	2
2008	£131,356	£2,498	7
2007	£126,249	£2,421	6
2006	£109,265	£2,151	13
2005	£111,688	£2,181	12
2004	£96,553	£1,922	9
2003	£97,900	£2,155	5
2002	£77,266	£1,537	16
2001	£54,562	£1,318	8
2000	£51,999	£1,106	6
1999	£43,598	£789	5
1998	£37,274	£786	10
1997	£30,594	£519	12
1996	£31,967	£528	6
1995	£32,872	£537	4

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	£8,000	£81	2

House Type in CM2 8RZ area

The most common house types in the CM2 8RZ postcode area are Terraced (61), Semi-detached (40), and Flat (12).

Total	115
Terraced	61
Semi-detached	40
Flat	12
Detached	2
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 (61), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	36
Social rented: Other social rented	11
Private rented: Private landlord or letting agency	7
Social rented: Rents from council or Local Authority	4
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 8RZ have 1 person in household (42), and 2 people in household (33).

1 person in household	42
2 people in household	33
4 people in household	18
3 people in household	15
5 people in household	5
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0