Housing Market Analysis for MILL LANE, CM3 1BD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £1,175,000 median price is £1,175,000 Standard Deviation is £825,000 with Total Sold: 2
    • The Last 5 Year average price is £2,000,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE STABLES MILL LANE: £350,000 (Sold on 11 Apr 2017)
    • The first recorded sale happened at this postcode is WHITE GARDENS MILL LANE: £2,000,000 (Sold on 14 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 1BD 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£350,0001
2023£2,000,0001

All the Sales in the MILL LANE, CM3 1BD

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

AddressSold DatePrice% Change
THE STABLES MILL LANEDetached, Freehold11 Apr 2017£350,000First Sale
WHITE GARDENS MILL LANEDetached, Freehold14 Dec 2023£2,000,000First Sale

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

MILL LANE, CM3 1BD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £226,916 median price is £242,250 Standard Deviation is £102,905 with Total Sold: 6
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 4 COUNCIL BUNGALOWS: £350,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 COUNCIL BUNGALOWS: £22,000 (Sold on 07 Apr 1997)
  • Detached
    • The average price is around £592,611 median price is £437,500 Standard Deviation is £518,491 with Total Sold: 18
    • The Last 5 Year average price is £1,084,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , WHITE GARDENS MILL LANE: £2,000,000 (Sold on 14 Dec 2023)
    • The first recorded sale happened at this postcode is , THE GABLES BANTERS LANE: £75,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2017£299,995 £4,839 1
2014£249,500 £4,024 1
2009£235,0001
2006£205,0001
1997£22,000 £344 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,426,000 £6,605 2
2021£400,000 £5,195 1
2017£500,0002
2016£630,000 £6,506 2
2015£1,800,000 £5,950 1
2014£335,000 £3,941 1
2013£875,000 £5,538 1
2012£475,000 £4,113 1
2011£390,000 £1,757 1
2010£500,000 £5,205 1
2006£385,000 £1,734 1
1999£120,000 £1,558 1
1997£70,0001
1995£102,498 £1,148 2

House Type in CM3 1BD area

The most common house types in the CM3 1BD postcode area are Detached (139), Semi-detached (41), and Flat (6).

Total188
Detached139
Semi-detached41
Flat6
Terraced2
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 with a mortgage or loan (82), and Owned: Owns outright (69).

Owned: Owns with a mortgage or loan82
Owned: Owns outright69
Social rented: Other social rented11
Shared ownership: Shared ownership9
Private rented: Other private rented9
Private rented: Private landlord or letting agency7
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the CM3 1BD have 2 people in household (73), and 3 people in household (42).

2 people in household73
3 people in household42
4 people in household30
1 person in household26
5 people in household11
8 or more people in household2
6 people in household1
0 people in household0
7 people in household0