Housing Market Analysis for PALM CLOSE, CM2 9NN

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £68,000 median price is £68,500 Standard Deviation is £4,708 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 PALM CLOSE: £73,500 (Sold on 27 Apr 1999)
    • The first recorded sale happened at this postcode is 4 PALM CLOSE: £62,000 (Sold on 31 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 9NN 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
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£73,5001
1998£68,5001
1997£62,0001

All the Sales in the PALM CLOSE, CM2 9NN

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

AddressSold DatePrice% Change
4 PALM CLOSESemi-Detached, Freehold27 Apr 1999£73,50018.55%
31 Jan 1997£62,000First Sale
6 PALM CLOSESemi-Detached, Freehold11 Mar 1998£68,500First Sale

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

PALM CLOSE, CM2 9NN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £194,255 median price is £185,000 Standard Deviation is £97,343 with Total Sold: 1,163
    • The Last 5 Year average price is £330,321 with Total Sold: 196
    • The most recent sale happened at this postcode is , 20 WHITETHORN GARDENS: £385,000 (Sold on 16 Jul 2024)
    • The first recorded sale happened at this postcode is , 22 MAGNOLIA CLOSE: £53,500 (Sold on 05 Jan 1995)
  • Detached
    • The average price is around £296,412 median price is £285,000 Standard Deviation is £171,723 with Total Sold: 150
    • The Last 5 Year average price is £506,968 with Total Sold: 27
    • 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 , 48 HONEY CLOSE: £112,000 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £213,339 median price is £205,000 Standard Deviation is £118,352 with Total Sold: 980
    • The Last 5 Year average price is £388,762 with Total Sold: 154
    • The most recent sale happened at this postcode is , 103 ST ANTHONYS DRIVE: £385,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 540 LINNET DRIVE: £55,995 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £344,000 median price is £322,500 Standard Deviation is £382,653 with Total Sold: 8
    • The Last 5 Year average price is £193,500 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 £100,200 median price is £90,000 Standard Deviation is £51,561 with Total Sold: 5
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 254 GLOUCESTER AVENUE: £170,000 (Sold on 27 Mar 2020)
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£351,357 £4,127 14
2023£350,118 £4,358 28
2022£353,947 £4,761 34
2021£326,677 £4,205 54
2020£313,445 £4,072 29
2019£304,216 £3,932 37
2018£295,879 £3,934 44
2017£293,762 £3,915 40
2016£283,431 £3,626 44
2015£254,491 £3,272 57
2014£233,026 £3,015 57
2013£202,214 £2,614 42
2012£189,908 £2,497 41
2011£191,205 £2,464 29
2010£192,796 £2,381 27
2009£172,844 £2,137 26
2008£186,140 £2,286 21
2007£193,866 £2,352 38
2006£176,352 £2,413 60
2005£169,870 £2,189 33
2004£160,259 £2,116 42
2003£146,572 £1,919 36
2002£117,367 £1,482 38
2001£99,055 £1,232 41
2000£87,978 £1,136 43
1999£72,545 £1,003 44
1998£65,706 £842 35
1997£62,695 £769 46
1996£54,912 £668 43
1995£52,811 £671 40
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£640,0001
2023£417,500 £5,205 2
2022£551,333 £4,316 3
2021£486,286 £4,424 11
2020£627,499 £4,593 4
2019£450,000 £4,605 6
2018£529,600 £4,097 5
2017£553,333 £4,420 3
2016£370,000 £3,725 2
2015£507,000 £3,328 3
2014£412,000 £3,012 5
2013£430,000 £6,231 1
2012£350,833 £2,957 3
2011£307,320 £3,173 5
2010£334,212 £3,009 5
2009£200,000 £2,586 2
2008£268,2504
2007£252,500 £2,933 2
2006£282,825 £2,908 4
2005£238,208 £2,286 11
2004£327,150 £2,411 10
2003£198,125 £2,203 12
2002£182,290 £1,946 11
2001£133,714 £1,461 7
2000£142,667 £1,342 6
1999£128,438 £1,276 4
1998£106,125 £1,099 4
1997£92,000 £1,000 5
1996£88,917 £720 6
1995£115,6673
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£418,333 £4,734 3
2023£397,500 £5,095 24
2022£453,228 £5,275 23
2021£387,108 £4,329 37
2020£362,731 £4,211 26
2019£363,320 £4,078 41
2018£351,217 £4,005 30
2017£346,944 £4,040 18
2016£316,303 £3,641 28
2015£307,714 £3,404 28
2014£265,226 £3,326 31
2013£267,387 £2,832 20
2012£227,147 £2,760 22
2011£221,135 £2,737 38
2010£214,688 £2,545 29
2009£214,159 £2,415 33
2008£220,361 £2,601 18
2007£232,070 £2,718 52
2006£208,977 £2,348 42
2005£193,035 £2,396 27
2004£191,123 £2,163 48
2003£169,254 £2,045 34
2002£149,220 £1,656 43
2001£118,808 £1,353 41
2000£103,381 £1,350 34
1999£83,598 £970 47
1998£75,721 £889 38
1997£69,633 £808 53
1996£62,442 £702 36
1995£60,734 £699 36
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£202,500 £4,756 2
2022£358,500 £4,717 1
2020£10,5001
2018£58,0001
2017£640,0003
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£170,000 £2,208 1
2006£90,000 £1,169 1
2003£91,5002
1999£58,0001

House Type in CM2 9NN area

The most common house types in the CM2 9NN postcode area are Terraced (101), Semi-detached (22), and Detached (4).

Total128
Terraced101
Semi-detached22
Detached4
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (68), and Owned: Owns outright (54).

Owned: Owns with a mortgage or loan68
Owned: Owns outright54
Private rented: Private landlord or letting agency6
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the CM2 9NN have 2 people in household (49), and 3 people in household (30).

2 people in household49
3 people in household30
4 people in household23
1 person in household21
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0