Housing Market Analysis for MAGNOLIA CLOSE, CM2 9HU

Are you looking to understand CM2 9HU 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 9HU area, explore the CM2 9HU Area information page.
For comprehensive crime statistics in the CM2 9HU area, explore the CM2 9HU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM2 9HU postcode area, The average prices are as follows,

Terraced
- The average price is around £223,164 median price is £247,500 Standard Deviation is £101,174 with Total Sold: 24
- The Last 5 Year average price is £346,600 with Total Sold: 5
- The most recent sale happened at this postcode is 12 MAGNOLIA CLOSE: £398,000 (Sold on 17 Mar 2023)
- The first recorded sale happened at this postcode is 9 MAGNOLIA CLOSE: £385,000 (Sold on 17 Jun 2024)
Semi-Detached
- The average price is around £225,194 median price is £216,975 Standard Deviation is £87,021 with Total Sold: 10
- The Last 5 Year average price is £329,167 with Total Sold: 3
- The most recent sale happened at this postcode is 16 MAGNOLIA CLOSE: £240,000 (Sold on 06 Aug 2021)
- The first recorded sale happened at this postcode is 27 MAGNOLIA CLOSE: £96,500 (Sold on 08 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 9HU 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	£398,000	£4,795	1
2021	£310,000	£4,189	1
2019	£320,000	£4,475	2
2018	£305,000	£4,296	1
2017	£313,750	£4,104	2
2016	£266,750	£3,706	2
2015	£256,000	£3,694	2
2014	£250,000	£2,717	1
2013	£183,000	£2,473	1
2012	£188,000	£2,384	1
2010	£182,500	£2,404	1
2005	£180,000	£2,466	1
2003	£150,975	£2,074	2
2000	£89,000	£1,236	1
1999	£88,995	£1,219	1
1998	£70,500	£810	1
1997	£57,500	£821	1
1995	£53,500	£743	1
2024	£385,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£306,250	£2,999	2
2019	£375,000	£4,076	1
2013	£249,995	£1,992	1
2007	£207,983	£2,690	3
2003	£145,000	£2,164	1
2002	£149,000		1
2000	£96,500	£1,440	1

All the Sales in the MAGNOLIA CLOSE, CM2 9HU

See the table below for more details on the sold house prices in the CM2 9HU, Chelmsford postcode.

Address	Sold Date	Price	% Change
12 MAGNOLIA CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	17 Mar 2023	£398,000	First Sale
16 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 136 Sq.mtrAge: 1967-1975	06 Aug 2021	£240,000	First Sale
6 MAGNOLIA CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	23 Jun 2021	£310,000	First Sale
33 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1967-1975	26 Mar 2021	£372,500	First Sale
18 MAGNOLIA CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1967-1975	21 Jun 2019	£330,000	83.33%
	16 Feb 2005	£180,000	102.26%
	12 Nov 1999	£88,995	First Sale
7 MAGNOLIA CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1950-1966	01 Feb 2019	£310,000	18.55%
	24 Mar 2016	£261,500	72.04%
	20 Aug 2003	£152,000	164.35%
	30 May 1997	£57,500	First Sale
35 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	28 Jan 2019	£375,000	60.26%
	29 Jun 2007	£234,000	First Sale
19 MAGNOLIA CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1950-1966	08 Feb 2018	£305,000	First Sale
20 MAGNOLIA CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	20 Oct 2017	£315,000	First Sale
3 MAGNOLIA CLOSETerraced, FreeholdArea: 75.9 Sq.mtrAge: 1950-1966	04 Aug 2017	£312,500	71.23%
	23 Jul 2010	£182,500	21.71%
	18 Dec 2003	£149,950	First Sale
10 MAGNOLIA CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	23 Sep 2016	£272,000	48.63%
	20 Sep 2013	£183,000	First Sale
27 MAGNOLIA CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1950-1966	20 Nov 2015	£267,000	40.53%
	18 May 2007	£190,000	31.03%
	25 Jun 2003	£145,000	50.26%
	08 Dec 2000	£96,500	First Sale
22 MAGNOLIA CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1950-1966	06 Jan 2015	£245,000	175.28%
	10 Mar 2000	£89,000	66.36%
	05 Jan 1995	£53,500	First Sale
5 MAGNOLIA CLOSETerraced, FreeholdArea: 92 Sq.mtrAge: 1950-1966	22 Aug 2014	£250,000	First Sale
31 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 125.5 Sq.mtrAge: 1930-1949	12 Sep 2013	£249,995	First Sale
9 MAGNOLIA CLOSETerraced, FreeholdArea: 78.86 Sq.mtrAge: 1950-1966	07 Jun 2012	£188,000	-51.17%
	17 Jun 2024	£385,000	First Sale
23 MAGNOLIA CLOSESemi-Detached, Freehold	19 Apr 2007	£199,950	34.19%
23 MAGNOLIA CLOSESemi-Detached, Freehold	30 Sep 2002	£149,000	First Sale
29 MAGNOLIA CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-1966	29 Jun 1998	£70,500	First Sale

Check out the sold house prices near the CM2 9HU postcode. Properties currently for saleProperties currently for rent

MAGNOLIA CLOSE, CM2 9HU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM2 9HU 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 9HU postcode.

Terraced
- The average price is around £192,745 median price is £182,000 Standard Deviation is £97,351 with Total Sold: 1,118
- The Last 5 Year average price is £331,441 with Total Sold: 187
- 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 , 22 MAGNOLIA CLOSE: £53,500 (Sold on 05 Jan 1995)
Semi-Detached
- The average price is around £223,020 median price is £212,000 Standard Deviation is £124,085 with Total Sold: 1,123
- The Last 5 Year average price is £403,243 with Total Sold: 183
- The most recent sale happened at this postcode is , 59 LINNET DRIVE: £448,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is , 4 SYLVAN CLOSE: £73,500 (Sold on 06 Jan 1995)
Detached
- The average price is around £326,435 median price is £275,000 Standard Deviation is £222,657 with Total Sold: 211
- The Last 5 Year average price is £653,098 with Total Sold: 30
- The most recent sale happened at this postcode is , 24 GORDON ROAD: £640,000 (Sold on 08 Mar 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 £293,812 median price is £186,500 Standard Deviation is £395,944 with Total Sold: 8
- The Last 5 Year average price is £93,125 with Total Sold: 4
- 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 , 99 GLOUCESTER AVENUE: £330,000 (Sold on 15 Feb 2017)
Flat
- The average price is around £160,746 median price is £155,250 Standard Deviation is £69,280 with Total Sold: 52
- The Last 5 Year average price is £254,400 with Total Sold: 10
- The most recent sale happened at this postcode is , 25 DOVE LANE: £425,000 (Sold on 06 Apr 2023)
- The first recorded sale happened at this postcode is , 250 LINNET DRIVE: £44,000 (Sold on 07 Apr 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£346,807	£4,196	13
2023	£354,677	£4,563	30
2022	£361,947	£4,607	34
2021	£321,121	£4,182	46
2020	£321,076	£3,966	25
2019	£300,667	£3,893	39
2018	£296,320	£3,826	35
2017	£295,794	£3,872	34
2016	£286,101	£3,525	44
2015	£256,363	£3,250	55
2014	£233,442	£2,970	52
2013	£202,757	£2,608	33
2012	£196,633	£2,490	36
2011	£192,875	£2,414	24
2010	£191,842	£2,367	27
2009	£173,115	£2,178	30
2008	£207,144	£2,405	17
2007	£191,040	£2,397	35
2006	£174,663	£2,332	47
2005	£170,934	£2,099	39
2004	£161,766	£2,125	43
2003	£157,594	£1,999	44
2002	£124,001	£1,523	46
2001	£96,822	£1,227	44
2000	£87,708	£1,089	40
1999	£73,137	£966	49
1998	£68,141	£861	35
1997	£63,846	£799	46
1996	£54,703	£696	43
1995	£53,874	£671	33

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£442,200		5
2023	£418,515	£4,767	34
2022	£490,979	£5,021	28
2021	£377,424	£4,220	46
2020	£378,404	£4,343	26
2019	£372,854	£3,934	44
2018	£359,196	£3,956	35
2017	£371,233	£3,738	15
2016	£339,084	£3,715	36
2015	£320,500	£3,278	31
2014	£289,998	£3,119	32
2013	£274,400	£2,694	31
2012	£224,182	£2,608	26
2011	£233,681	£2,671	49
2010	£239,362	£2,483	33
2009	£211,817	£2,237	33
2008	£229,023	£2,468	21
2007	£236,246	£2,665	53
2006	£208,702	£2,237	42
2005	£192,636	£2,151	40
2004	£191,814	£2,182	49
2003	£174,138	£1,990	43
2002	£155,377	£1,604	53
2001	£124,516	£1,354	43
2000	£111,155	£1,233	44
1999	£86,620	£981	55
1998	£77,948	£882	29
1997	£73,275	£804	54
1996	£69,139	£693	49
1995	£65,532	£707	44

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£640,000	£6,531	1
2023	£577,600	£5,036	5
2022	£732,000	£6,234	5
2021	£762,772	£4,818	9
2020	£622,500	£3,892	4
2019	£508,333	£4,702	6
2018	£544,806	£4,287	9
2017	£554,583	£4,248	6
2016	£568,000	£4,732	5
2015	£498,714	£4,050	7
2014	£391,055	£3,301	9
2013	£394,998	£3,267	3
2012	£301,250	£2,802	2
2011	£372,312	£3,025	8
2010	£340,290	£3,211	6
2009	£225,000	£2,645	5
2008	£348,833	£2,404	3
2007	£289,741	£2,568	6
2006	£342,861	£2,647	9
2005	£267,298	£2,193	11
2004	£295,417	£2,327	6
2003	£201,704	£2,187	12
2002	£170,169	£1,654	13
2001	£166,644	£1,455	17
2000	£142,400	£1,781	5
1999	£143,979	£1,214	14
1998	£138,833	£777	3
1997	£102,498		3
1996	£93,191	£740	11
1995	£93,118	£624	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£15,000		1
2022	£20,000		1
2020	£168,750	£3,940	2
2018	£58,000		1
2017	£640,000		3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£425,000	£4,885	1
2022	£266,000	£3,997	5
2020	£194,667	£3,666	3
2019	£205,000	£2,847	1
2018	£255,000	£3,806	1
2017	£220,000	£3,548	1
2016	£173,500	£3,345	2
2015	£154,000	£2,201	2
2014	£155,500	£3,110	1
2013	£154,750	£2,719	4
2010	£152,000	£2,938	1
2008	£171,199	£2,980	2
2007	£162,500	£3,019	2
2006	£143,667	£2,804	3
2005	£137,998		2
2004	£123,000	£1,464	1
2003	£143,894	£2,898	13
2000	£80,000	£952	1
1999	£63,000	£829	2
1996	£46,748	£589	3
1995	£44,000	£537	1

House Type in CM2 9HU area

The most common house types in the CM2 9HU postcode area are Terraced (61), Semi-detached (60), and Detached (1).

Total	122
Terraced	61
Semi-detached	60
Detached	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 (63), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	49
Private rented: Private landlord or letting agency	10
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CM2 9HU have 2 people in household (47), and 4 people in household (30).

2 people in household	47
4 people in household	30
1 person in household	23
3 people in household	15
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0