Housing Market Analysis for FAYREWOOD DRIVE, CM3 1GY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £261,685 median price is £228,248 Standard Deviation is £67,707 with Total Sold: 8
- The Last 5 Year average price is £378,000 with Total Sold: 2
- The most recent sale happened at this postcode is 15 FAYREWOOD DRIVE: £370,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is 41 FAYREWOOD DRIVE: £222,995 (Sold on 30 Apr 2004)
Terraced
- The average price is around £242,587 median price is £227,998 Standard Deviation is £58,299 with Total Sold: 54
- The Last 5 Year average price is £322,650 with Total Sold: 10
- The most recent sale happened at this postcode is 56 FAYREWOOD DRIVE: £312,000 (Sold on 12 May 2023)
- The first recorded sale happened at this postcode is 12 FAYREWOOD DRIVE: £221,995 (Sold on 19 Dec 2003)
Detached
- The average price is around £335,317 median price is £309,995 Standard Deviation is £105,462 with Total Sold: 26
- The Last 5 Year average price is £481,250 with Total Sold: 4
- The most recent sale happened at this postcode is 36 FAYREWOOD DRIVE: £410,000 (Sold on 15 Sep 2021)
- The first recorded sale happened at this postcode is 17 FAYREWOOD DRIVE: £231,995 (Sold on 28 Nov 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 1GY 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£370,000		1
2023	£386,000	£4,151	1
2011	£235,000	£2,080	1
2007	£228,500	£2,308	1
2005	£227,995	£2,452	1
2004	£215,328	£2,134	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£312,000	£3,250	1
2022	£315,000	£4,145	1
2021	£349,000	£3,421	3
2020	£255,000	£3,885	1
2019	£324,375	£3,547	4
2018	£307,500	£3,365	2
2017	£300,000		1
2016	£298,000	£3,104	1
2015	£245,500	£2,713	4
2014	£248,500	£3,050	2
2013	£215,250	£2,543	4
2012	£350,000	£2,258	1
2010	£159,000	£2,422	1
2009	£211,500	£2,541	2
2008	£247,000		1
2007	£226,498	£2,392	3
2006	£213,800	£2,185	5
2005	£148,995	£2,270	1
2004	£196,602	£2,256	12
2003	£221,120	£2,173	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£430,000	£3,337	2
2020	£532,500	£3,756	2
2018	£540,000	£2,358	1
2016	£358,000	£2,960	1
2015	£470,000	£2,474	1
2011	£360,000		1
2010	£287,500	£2,377	1
2007	£289,000	£2,350	1
2006	£338,333	£2,060	3
2005	£249,995		1
2004	£274,707	£1,597	9
2003	£250,462		3

All the Sales in the FAYREWOOD DRIVE, CM3 1GY

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

Address	Sold Date	Price	% Change
15 FAYREWOOD DRIVESemi-Detached, Freehold	28 Mar 2024	£370,000	62.28%
15 FAYREWOOD DRIVESemi-Detached, Freehold	30 Nov 2005	£227,995	First Sale
39 FAYREWOOD DRIVESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 2007-2011	09 Aug 2023	£386,000	81.22%
	30 Apr 2004	£212,995	First Sale
56 FAYREWOOD DRIVETerraced, FreeholdArea: 96 Sq.mtrAge: 2003-2006	12 May 2023	£312,000	4.70%
	30 Sep 2016	£298,000	43.96%
	12 Nov 2004	£206,995	First Sale
37 FAYREWOOD DRIVETerraced, FreeholdArea: 76 Sq.mtrAge: 1996-2002	04 Mar 2022	£315,000	22.57%
	10 Sep 2015	£257,000	35.27%
	31 Mar 2004	£189,995	First Sale
36 FAYREWOOD DRIVEDetached, FreeholdArea: 136 Sq.mtrAge: 2003-2006	15 Sep 2021	£410,000	66.67%
	29 Jun 2004	£245,995	First Sale
2 FAYREWOOD DRIVETerraced, FreeholdArea: 124 Sq.mtrAge: 2003-2006	26 Aug 2021	£416,000	First Sale
26 FAYREWOOD DRIVEDetached, FreeholdArea: 123 Sq.mtrAge: 2003-2006	28 Jun 2021	£450,000	55.71%
	31 Jul 2007	£289,000	First Sale
45 FAYREWOOD DRIVETerraced, FreeholdArea: 73 Sq.mtrAge: 1996-2002	21 Jun 2021	£307,000	24.29%
	05 Dec 2014	£247,000	23.50%
	09 May 2007	£200,000	First Sale
8 FAYREWOOD DRIVETerraced, FreeholdArea: 119.88 Sq.mtrAge: 2003-2006	12 Mar 2021	£324,000	49.31%
	10 Mar 2006	£217,000	First Sale
51 FAYREWOOD DRIVETerraced, FreeholdArea: 65.64 Sq.mtrAge: 2003-2006	11 Dec 2020	£255,000	30.77%
	16 Oct 2015	£195,000	15.38%
	29 May 2013	£169,000	6.29%
	27 Jan 2010	£159,000	6.71%
	28 Oct 2005	£148,995	41.52%
	30 Apr 2004	£105,280	First Sale
62 FAYREWOOD DRIVEDetached, FreeholdArea: 155.81 Sq.mtrAge: 2003-2006	24 Nov 2020	£670,000	78.67%
	20 Oct 2006	£375,000	87.50%
	24 Sep 2004	£200,000	First Sale
28 FAYREWOOD DRIVEDetached, FreeholdArea: 123 Sq.mtrAge: 2003-2006	17 Jul 2020	£395,000	66.39%
	31 Mar 2004	£237,395	First Sale
52 FAYREWOOD DRIVETerraced, FreeholdArea: 113 Sq.mtrAge: 2003-2006	15 Aug 2019	£310,000	16.98%
	05 Nov 2015	£265,000	12.77%
	04 Jul 2011	£235,000	11.91%
	24 Sep 2004	£209,995	First Sale
49 FAYREWOOD DRIVETerraced, FreeholdArea: 72 Sq.mtrAge: 2003-2006	12 Jul 2019	£302,500	56.74%
	28 May 2004	£192,995	First Sale
50 FAYREWOOD DRIVETerraced, FreeholdArea: 92 Sq.mtrAge: 2003-2006	12 Jun 2019	£340,000	61.14%
	30 Jun 2006	£211,000	0.0
	24 Feb 2006	£211,000	0.48%
	27 Sep 2004	£209,995	First Sale
14 FAYREWOOD DRIVETerraced, Freehold	28 Feb 2019	£345,000	15.00%
	21 Feb 2017	£300,000	27.66%
	16 Sep 2009	£235,000	2.17%
	14 May 2007	£230,000	First Sale
43 FAYREWOOD DRIVETerraced, FreeholdArea: 74 Sq.mtrAge: 2003-2006	27 Jul 2018	£270,000	27.06%
	28 Jan 2013	£212,500	13.03%
	05 Jan 2009	£188,000	-2.08%
	21 Dec 2006	£192,000	3.23%
	29 Apr 2004	£185,995	First Sale
29 FAYREWOOD DRIVETerraced, FreeholdArea: 112 Sq.mtrAge: 2003-2006	13 Apr 2018	£345,000	52.66%
	15 Apr 2004	£225,995	First Sale
25 FAYREWOOD DRIVEDetached, FreeholdArea: 229 Sq.mtrAge: 2003-2006	05 Mar 2018	£540,000	72.53%
	07 Apr 2004	£312,995	First Sale
18 FAYREWOOD DRIVEDetached, FreeholdArea: 120.95 Sq.mtrAge: 2003-2006	16 Feb 2016	£358,000	24.52%
	18 Nov 2010	£287,500	First Sale
4 FAYREWOOD DRIVETerraced, FreeholdArea: 123 Sq.mtrAge: 2003-2006	04 Sep 2015	£265,000	11.34%
	06 Oct 2006	£238,000	6.73%
	19 Dec 2003	£222,995	First Sale
60 FAYREWOOD DRIVEDetached, FreeholdArea: 190 Sq.mtrAge: 2003-2006	07 May 2015	£470,000	First Sale
47 FAYREWOOD DRIVETerraced, FreeholdArea: 92 Sq.mtrAge: 2003-2006	18 Aug 2014	£250,000	34.41%
	30 Jun 2004	£185,995	First Sale
6 FAYREWOOD DRIVETerraced, FreeholdArea: 122 Sq.mtrAge: 2003-2006	26 Jul 2013	£249,500	0.00%
	17 Jan 2007	£249,495	First Sale
16 FAYREWOOD DRIVETerraced, FreeholdArea: 85.86 Sq.mtrAge: 2003-2006	11 Jul 2013	£230,000	5.75%
	22 Dec 2003	£217,495	First Sale
23 FAYREWOOD DRIVETerraced, FreeholdArea: 155 Sq.mtrAge: 2003-2006	03 Dec 2012	£350,000	First Sale
30 FAYREWOOD DRIVEDetached, Freehold	07 Dec 2011	£360,000	17.07%
	23 May 2006	£307,500	-0.80%
	30 Mar 2004	£309,995	First Sale
33 FAYREWOOD DRIVETerraced, Freehold	24 Apr 2008	£247,000	First Sale
41 FAYREWOOD DRIVESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 2003-2006	21 Jun 2007	£228,500	2.47%
	30 Apr 2004	£222,995	First Sale
38 FAYREWOOD DRIVEDetached, FreeholdArea: 194 Sq.mtrAge: 1983-1990	09 Jun 2006	£332,500	First Sale
21 FAYREWOOD DRIVEDetached, Freehold	29 Apr 2005	£249,995	19.39%
21 FAYREWOOD DRIVEDetached, Freehold	09 Dec 2003	£209,396	First Sale
54 FAYREWOOD DRIVETerraced, FreeholdArea: 78.72 Sq.mtrAge: 2003-2006	29 Oct 2004	£213,995	First Sale
64 FAYREWOOD DRIVEDetached, Freehold	30 Sep 2004	£354,995	First Sale
58 FAYREWOOD DRIVEDetached, Freehold	27 Aug 2004	£309,995	First Sale
34 FAYREWOOD DRIVEDetached, Freehold	30 Jun 2004	£254,995	First Sale
32 FAYREWOOD DRIVEDetached, Freehold	29 Jun 2004	£245,995	First Sale
31 FAYREWOOD DRIVETerraced, FreeholdArea: 105 Sq.mtrAge: 2003-2006	26 May 2004	£225,995	First Sale
35 FAYREWOOD DRIVETerraced, FreeholdArea: 74.2 Sq.mtrAge: 2003-2006	31 Mar 2004	£189,995	First Sale
27 FAYREWOOD DRIVETerraced, FreeholdArea: 121 Sq.mtrAge: 2003-2006	31 Mar 2004	£225,995	First Sale
24 FAYREWOOD DRIVEDetached, Freehold	22 Dec 2003	£309,995	First Sale
10 FAYREWOOD DRIVETerraced, Freehold	19 Dec 2003	£221,995	First Sale
12 FAYREWOOD DRIVETerraced, Freehold	19 Dec 2003	£221,995	First Sale
17 FAYREWOOD DRIVEDetached, Freehold	28 Nov 2003	£231,995	First Sale

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

FAYREWOOD DRIVE, CM3 1GY Near By properties

Interactive Map

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

Terraced
- The average price is around £224,694 median price is £223,995 Standard Deviation is £89,728 with Total Sold: 277
- The Last 5 Year average price is £327,250 with Total Sold: 42
- The most recent sale happened at this postcode is , 30 CASTLE CLOSE: £300,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 39 BEADLE WAY: £55,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £359,000 median price is £347,000 Standard Deviation is £165,655 with Total Sold: 453
- The Last 5 Year average price is £523,588 with Total Sold: 120
- The most recent sale happened at this postcode is , 1 CHATLEY ROAD: £440,000 (Sold on 19 Jun 2024)
- The first recorded sale happened at this postcode is , 2 CHATLEY ROAD: £83,000 (Sold on 06 Feb 1995)
Flat
- The average price is around £149,790 median price is £151,995 Standard Deviation is £41,143 with Total Sold: 136
- The Last 5 Year average price is £193,958 with Total Sold: 24
- The most recent sale happened at this postcode is , 81 SHIMBROOKS: £107,500 (Sold on 30 Apr 2024)
- The first recorded sale happened at this postcode is , 4 RICH CLOSE: £50,000 (Sold on 29 Mar 1996)
Semi-Detached
- The average price is around £237,952 median price is £235,000 Standard Deviation is £94,338 with Total Sold: 163
- The Last 5 Year average price is £353,119 with Total Sold: 21
- The most recent sale happened at this postcode is , 15 FAYREWOOD DRIVE: £370,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 23 AUDLEY ROAD: £98,000 (Sold on 05 Jan 1995)
Other
- The average price is around £2,142,069 median price is £425,000 Standard Deviation is £3,997,330 with Total Sold: 13
- The Last 5 Year average price is £469,924 with Total Sold: 8
- The most recent sale happened at this postcode is , 189 MAIN ROAD: £180,000 (Sold on 26 Apr 2021)
- The first recorded sale happened at this postcode is , 29 SCHOOL LANE: £250,000 (Sold on 15 Mar 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,833	£3,458	3
2023	£422,250	£4,057	4
2022	£345,000	£4,388	4
2021	£293,409	£3,759	11
2020	£334,136	£3,799	11
2019	£308,889	£3,383	9
2018	£316,208	£3,528	12
2017	£273,500	£3,394	6
2016	£296,999	£3,044	7
2015	£262,278	£2,946	18
2014	£224,200	£2,847	10
2013	£205,768	£2,324	14
2012	£241,364	£2,253	11
2011	£195,500	£2,515	3
2010	£187,792	£2,333	6
2009	£200,429	£2,384	7
2008	£276,250	£3,254	4
2007	£205,822	£2,468	25
2006	£230,506	£2,203	37
2005	£178,591	£2,580	8
2004	£188,852	£2,253	26
2003	£198,226	£2,180	12
2002	£99,500	£1,809	1
2001	£89,875	£1,348	4
2000	£84,622	£1,258	4
1999	£66,000	£1,031	1
1998	£59,125	£959	4
1997	£56,550	£731	5
1996	£51,106	£787	7
1995	£43,000	£506	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£560,000		2
2023	£567,417	£3,558	6
2022	£607,799	£4,347	10
2021	£542,742	£4,130	52
2020	£457,259	£4,375	29
2019	£511,664	£3,874	21
2018	£481,500	£3,302	15
2017	£413,583	£3,596	6
2016	£385,375	£3,124	4
2015	£435,142	£3,437	14
2014	£338,950	£2,798	10
2013	£323,363	£2,401	11
2012	£354,429	£2,471	7
2011	£324,273	£2,394	11
2010	£344,625	£2,401	8
2009	£359,273	£2,727	11
2008	£347,082	£2,211	12
2007	£358,562	£2,543	16
2006	£365,784	£2,284	35
2005	£294,482	£2,181	25
2004	£264,323	£1,882	23
2003	£308,921	£2,159	40
2002	£267,122	£1,878	22
2001	£206,750	£1,506	4
2000	£180,929	£896	7
1999	£151,565	£1,119	13
1998	£125,357	£1,012	7
1997	£115,562	£820	16
1996	£106,714	£809	7
1995	£93,167	£706	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£107,500		1
2023	£203,500	£3,237	2
2022	£224,167	£3,998	3
2021	£204,143	£3,085	7
2020	£209,000	£3,488	3
2019	£176,500	£3,063	8
2018	£177,249	£3,139	8
2017	£180,332	£2,838	6
2016	£139,500	£2,215	7
2015	£157,250	£2,783	10
2014	£133,700	£2,652	5
2013	£132,499	£2,076	4
2012	£132,375	£2,116	4
2011	£131,500	£2,083	8
2010	£142,167	£2,243	3
2009	£175,000	£1,500	1
2008	£124,500	£2,486	5
2007	£105,872	£1,859	10
2006	£146,949	£2,593	24
2005	£148,162	£2,448	12
2004	£106,000	£1,738	1
2000	£54,000	£885	1
1999	£49,000	£803	1
1998	£41,000	£677	1
1996	£50,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£410,000		2
2023	£435,500	£4,321	2
2022	£285,000	£4,831	1
2021	£356,143	£4,052	7
2020	£334,300	£3,678	5
2019	£318,750	£3,357	4
2018	£363,250	£3,753	4
2017	£290,125	£3,929	4
2016	£353,600	£3,538	5
2015	£295,554	£3,669	9
2014	£230,000	£2,978	4
2013	£210,000	£2,420	3
2012	£254,998	£2,496	3
2011	£230,384	£2,712	13
2010	£266,833	£2,298	3
2009	£208,988	£1,949	4
2008	£275,000	£2,670	1
2007	£269,803	£2,545	13
2006	£246,569	£2,602	19
2005	£230,851	£2,490	12
2004	£201,833	£2,354	13
2003	£186,286	£2,066	7
2002	£153,500		2
2001	£109,700	£1,374	5
2000	£81,875	£1,356	2
1999	£79,550	£1,011	5
1998	£100,000		1
1997	£67,000	£869	5
1996	£66,000	£701	2
1995	£77,833	£810	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£226,000	£1,630	3
2019	£616,278	£5,453	5
2018	£587,500	£4,700	1
2017	£11,500,000	£126,374	2
2016	£250,000	£2,137	2

House Type in CM3 1GY area

The most common house types in the CM3 1GY postcode area are Detached (52), Terraced (29), and Flat (29).

Total	136
Detached	52
Terraced	29
Flat	29
Semi-detached	24
Shared house	1
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (71), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan	71
Owned: Owns outright	34
Social rented: Other social rented	13
Private rented: Private landlord or letting agency	13
Shared ownership: Shared ownership	4
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CM3 1GY have 2 people in household (39), and 4 people in household (32).

2 people in household	39
4 people in household	32
3 people in household	31
1 person in household	23
5 people in household	8
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0