Housing Market Analysis for BURY LANE, CM3 1AX

Are you looking to understand CM3 1AX 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 CM3 1AX area, explore the CM3 1AX Area information page.
For comprehensive crime statistics in the CM3 1AX area, explore the CM3 1AX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM3 1AX postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £271,000 median price is £271,000 Standard Deviation is £81,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 BURY LANE: £352,000 (Sold on 04 May 2017)
    • The first recorded sale happened at this postcode is 3 BURY LANE: £190,000 (Sold on 10 Feb 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 1AX 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
2017£352,000 £5,677 1
2004£190,0001

All the Sales in the BURY LANE, CM3 1AX

See the table below for more details on the sold house prices in the CM3 1AX, Chelmsford postcode.

AddressSold DatePrice% Change
2 BURY LANESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1930-194904 May 2017£352,000First Sale
3 BURY LANESemi-Detached, Freehold10 Feb 2004£190,000First Sale

Check out the sold house prices near the CM3 1AX postcode. Properties currently for saleProperties currently for rent

BURY LANE, CM3 1AX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM3 1AX 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 CM3 1AX postcode.

  • Semi-Detached
    • The average price is around £221,467 median price is £250,000 Standard Deviation is £132,230 with Total Sold: 12
    • The Last 5 Year average price is £353,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 16 MASHBURY ROAD: £343,000 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is , 24 MASHBURY ROAD: £17,600 (Sold on 04 Sep 1995)
  • Detached
    • The average price is around £338,946 median price is £312,250 Standard Deviation is £244,819 with Total Sold: 14
    • The Last 5 Year average price is £571,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , BURY LODGE BURY LANE: £985,000 (Sold on 21 Oct 2022)
    • The first recorded sale happened at this postcode is , BURY HALL COTTAGE BURY LANE: £75,000 (Sold on 17 Aug 1995)
  • Flat
    • The average price is around £140,000 median price is £140,000 Standard Deviation is £7,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 20A MASHBURY ROAD: £147,000 (Sold on 12 Jun 2015)
    • The first recorded sale happened at this postcode is , 20 MASHBURY ROAD: £133,000 (Sold on 26 Jan 2007)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£343,000 £6,352 1
2021£350,000 £4,321 1
2020£317,000 £3,337 1
2019£405,000 £4,500 1
2018£310,000 £5,741 1
2017£352,000 £5,677 1
2005£120,0001
2004£190,0001
2002£115,0001
1998£78,000 £743 1
1996£60,0001
1995£17,6001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£985,000 £5,934 1
2021£365,000 £3,962 2
2016£575,000 £5,352 2
2011£388,0001
2010£324,5001
2004£385,0001
2001£228,2502
1997£74,1252
1995£89,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£147,000 £2,774 1
2007£133,0001

House Type in CM3 1AX area

The most common house types in the CM3 1AX postcode area are Detached (100), Semi-detached (29), and Terraced (6).

Total140
Detached100
Semi-detached29
Terraced6
Flat5
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright67
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency14
Social rented: Other social rented5
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CM3 1AX have 2 people in household (58), and 1 person in household (33).

2 people in household58
1 person in household33
3 people in household25
4 people in household15
5 people in household6
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0