Housing Market Analysis for SPRING RISE, CM2 8SH

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

Overview of Sold House prices

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

Flat
- The average price is around £113,181 median price is £126,500 Standard Deviation is £50,230 with Total Sold: 22
- The Last 5 Year average price is £167,083 with Total Sold: 6
- The most recent sale happened at this postcode is 33 SPRING RISE: £170,000 (Sold on 24 Oct 2023)
- The first recorded sale happened at this postcode is 46 SPRING RISE: £190,000 (Sold on 15 Mar 2024)
Terraced
- The average price is around £123,818 median price is £145,500 Standard Deviation is £82,860 with Total Sold: 11
- The Last 5 Year average price is £308,000 with Total Sold: 1
- The most recent sale happened at this postcode is 23 SPRING RISE: £308,000 (Sold on 30 Nov 2022)
- The first recorded sale happened at this postcode is 19 SPRING RISE: £51,500 (Sold on 01 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 8SH 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£170,000		2
2022	£160,000	£3,810	1
2021	£150,000	£3,571	1
2019	£162,500	£3,779	1
2017	£165,000	£2,895	1
2016	£129,500	£3,012	1
2013	£128,000	£2,560	1
2008	£140,498	£2,760	2
2006	£102,500	£2,381	2
2005	£120,000	£2,500	2
2002	£94,000		1
2001	£51,000		1
1999	£42,995	£1,000	1
1998	£35,500		1
1997	£44,000	£860	2
1995	£27,500		1
2024	£190,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£308,000	£3,312	1
2013	£152,750	£1,795	1
2007	£189,000	£2,250	1
2006	£171,000	£1,966	1
2005	£162,500		1
2002	£145,500	£1,672	1
1999	£64,500	£742	2
1996	£26,375		2
1995	£51,500	£592	1

All the Sales in the SPRING RISE, CM2 8SH

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

Address	Sold Date	Price	% Change
33 SPRING RISEFlat, Leasehold	24 Oct 2023	£170,000	0.0
	24 Oct 2023	£170,000	18.89%
	07 Jan 2008	£142,995	24.34%
	14 Apr 2005	£115,000	22.34%
	02 Aug 2002	£94,000	108.89%
	01 Oct 1997	£45,000	63.64%
	10 Mar 1995	£27,500	First Sale
23 SPRING RISETerraced, FreeholdArea: 93 Sq.mtrAge: 1950-1966	30 Nov 2022	£308,000	346.38%
	26 Oct 1999	£69,000	First Sale
42 SPRING RISEFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-1975	22 Sep 2022	£160,000	6.67%
	09 Apr 2021	£150,000	50.00%
	28 Feb 2006	£100,000	First Sale
37 SPRING RISEFlat, LeaseholdArea: 43 Sq.mtrAge: 1950-1966	04 Oct 2019	£162,500	25.48%
	13 May 2016	£129,500	201.20%
	30 Nov 1999	£42,995	First Sale
46 SPRING RISEFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	09 Feb 2017	£165,000	-13.16%
46 SPRING RISEFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	15 Mar 2024	£190,000	First Sale
56 SPRING RISETerraced, FreeholdArea: 85.12 Sq.mtrAge: 1967-1975	06 Sep 2013	£152,750	-19.18%
	06 Nov 2007	£189,000	First Sale
39 SPRING RISEFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	05 Aug 2013	£128,000	-7.25%
	25 Jun 2008	£138,000	10.40%
	31 Oct 2005	£125,000	190.70%
	29 Aug 1997	£43,000	First Sale
19 SPRING RISETerraced, FreeholdArea: 87 Sq.mtrAge: 1976-1982	27 Sep 2006	£171,000	17.53%
	28 Jan 2002	£145,500	182.52%
	01 Nov 1995	£51,500	First Sale
48 SPRING RISEFlat, Leasehold	31 May 2006	£105,000	105.88%
	06 Feb 2001	£51,000	43.66%
	15 Oct 1998	£35,500	First Sale
21 SPRING RISETerraced, Freehold	27 Jun 2005	£162,500	First Sale
30 SPRING RISETerraced, Freehold	17 Sep 1999	£60,000	22.45%
30 SPRING RISETerraced, Freehold	20 Sep 1996	£49,000	First Sale
36 SPRING RISETerraced, Freehold	18 Mar 1996	£3,750	First Sale

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

SPRING RISE, CM2 8SH Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £250,428 median price is £223,000 Standard Deviation is £139,953 with Total Sold: 314
- The Last 5 Year average price is £418,826 with Total Sold: 66
- 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 , 20 LYON CLOSE: £78,000 (Sold on 24 Feb 1995)
Detached
- The average price is around £367,999 median price is £350,000 Standard Deviation is £185,014 with Total Sold: 391
- The Last 5 Year average price is £595,009 with Total Sold: 56
- The most recent sale happened at this postcode is , 6 GREY LADYS: £575,000 (Sold on 18 Jul 2024)
- The first recorded sale happened at this postcode is , TRYFAN LOWER GREEN: £125,000 (Sold on 21 Feb 1995)
Terraced
- The average price is around £182,043 median price is £176,000 Standard Deviation is £94,920 with Total Sold: 416
- The Last 5 Year average price is £311,211 with Total Sold: 74
- 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 , 94 WEST LAWN: £50,000 (Sold on 13 Apr 1995)
Flat
- The average price is around £106,468 median price is £110,000 Standard Deviation is £50,476 with Total Sold: 245
- The Last 5 Year average price is £175,964 with Total Sold: 36
- 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 £224,679 median price is £128,000 Standard Deviation is £301,473 with Total Sold: 14
- The Last 5 Year average price is £209,269 with Total Sold: 13
- 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 , MANSARD HOUSE THE STREET: £425,000 (Sold on 29 Jun 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£443,750		4
2023	£460,294	£4,844	17
2022	£396,450	£4,563	10
2021	£434,611	£4,221	9
2020	£406,462	£4,331	13
2019	£375,577	£4,208	13
2018	£445,045	£3,793	11
2017	£425,500	£4,316	6
2016	£343,863	£3,860	15
2015	£323,667	£4,004	9
2014	£333,833	£3,215	6
2013	£291,998	£2,758	10
2012	£220,090	£2,893	11
2011	£220,200	£2,452	5
2010	£251,389	£2,249	9
2009	£179,000	£1,786	3
2008	£200,812	£2,605	8
2007	£223,545	£2,442	11
2006	£207,864	£2,022	11
2005	£231,999	£2,106	5
2004	£200,252	£2,191	21
2003	£192,817	£1,933	18
2002	£160,679	£1,694	12
2001	£128,673	£1,355	11
2000	£139,583	£1,063	6
1999	£93,487	£1,078	8
1998	£83,612	£746	15
1997	£92,550	£1,091	12
1996	£63,579	£819	12
1995	£75,646	£786	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£555,250		4
2023	£558,750	£6,046	4
2022	£613,500	£5,160	9
2021	£610,014	£4,761	18
2020	£613,917	£4,137	12
2019	£555,083	£4,261	9
2018	£526,556	£4,423	9
2017	£581,874	£4,210	16
2016	£540,958	£3,813	18
2015	£453,532	£3,386	14
2014	£428,277	£3,621	9
2013	£415,357	£3,517	7
2012	£388,725	£3,204	12
2011	£394,308	£3,175	13
2010	£384,392	£3,206	19
2009	£312,083	£2,409	6
2008	£460,000	£2,560	3
2007	£415,069	£3,214	21
2006	£363,125	£2,881	20
2005	£351,107	£2,560	14
2004	£349,167	£1,947	12
2003	£317,178	£2,204	14
2002	£225,068	£1,707	16
2001	£251,577	£1,508	13
2000	£214,272	£1,838	20
1999	£168,758	£1,236	25
1998	£171,700	£1,374	15
1997	£171,662	£1,133	12
1996	£148,407	£880	14
1995	£131,442	£1,034	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,000	£4,999	4
2023	£329,340	£3,877	15
2022	£355,000	£4,078	11
2021	£307,167	£3,755	18
2020	£301,000	£3,513	10
2019	£276,594	£3,253	16
2018	£283,444	£3,449	9
2017	£271,077	£3,374	17
2016	£260,000	£3,068	12
2015	£236,424	£2,815	33
2014	£210,692	£2,608	18
2013	£187,050	£2,352	15
2012	£177,500	£2,326	8
2011	£191,000	£2,225	11
2010	£174,421	£2,239	7
2009	£174,825	£2,028	6
2008	£191,357	£2,162	7
2007	£180,974	£2,073	20
2006	£163,972	£1,967	18
2005	£165,850	£2,097	10
2004	£161,192	£1,959	13
2003	£140,892	£1,788	14
2002	£113,706	£1,413	14
2001	£89,074	£1,078	10
2000	£83,140	£954	21
1999	£68,964	£816	14
1998	£66,282	£736	16
1997	£52,105	£611	22
1996	£41,444	£547	18
1995	£49,567	£585	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,000		2
2023	£186,611	£3,254	9
2022	£187,400	£3,621	8
2021	£164,200	£3,973	5
2020	£169,214	£3,154	7
2019	£150,100	£3,361	5
2018	£160,818	£2,936	6
2017	£169,333	£3,097	6
2016	£144,469	£2,833	13
2015	£144,490	£2,645	10
2014	£125,559	£2,929	11
2013	£120,350	£2,197	7
2012	£109,699	£2,061	5
2011	£103,250	£2,215	4
2010	£121,750	£1,916	4
2009	£94,000	£2,148	2
2008	£130,812	£2,534	8
2007	£127,571	£2,398	7
2006	£109,353	£2,175	14
2005	£112,135	£2,162	13
2004	£98,398	£1,935	10
2003	£99,333	£2,057	9
2002	£75,532	£1,475	18
2001	£55,722	£1,285	9
2000	£48,499	£1,106	8
1999	£43,598	£789	5
1998	£37,578	£978	14
1997	£31,087	£524	17
1996	£31,967	£528	6
1995	£22,163	£537	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£722,500	£6,392	2
2021	£195,200	£1,897	5
2020	£70,875	£1,417	4
2019	£8,000	£81	2
2018	£425,000		1

House Type in CM2 8SH area

The most common house types in the CM2 8SH postcode area are Flat (57), Terraced (30), and Detached (27).

Total	122
Flat	57
Terraced	30
Detached	27
Semi-detached	5
converted building	2
Shared house	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (35), and Owned: Owns outright (30).

Social rented: Other social rented	35
Owned: Owns outright	30
Owned: Owns with a mortgage or loan	30
Social rented: Rents from council or Local Authority	14
Private rented: Private landlord or letting agency	8
Shared ownership: Shared ownership	3
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CM2 8SH have 1 person in household (42), and 2 people in household (40).

1 person in household	42
2 people in household	40
3 people in household	20
4 people in household	14
5 people in household	6
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0