Housing Market Analysis for FORTUNE CLOSE, CM3 1RR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £226,777 median price is £239,000 Standard Deviation is £99,891 with Total Sold: 20
    • The Last 5 Year average price is £425,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 FORTUNE CLOSE: £425,000 (Sold on 19 Feb 2021)
    • The first recorded sale happened at this postcode is 11 FORTUNE CLOSE: £81,000 (Sold on 17 Oct 1996)
  • Semi-Detached
    • The average price is around £277,500 median price is £277,500 Standard Deviation is £57,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 13 FORTUNE CLOSE: £335,000 (Sold on 17 Feb 2016)
    • The first recorded sale happened at this postcode is 13 FORTUNE CLOSE: £220,000 (Sold on 17 Feb 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 1RR 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
2021£425,000 £3,484 1
2018£432,000 £4,114 1
2015£323,000 £3,589 1
2009£285,000 £2,321 1
2008£249,995 £2,389 1
2007£270,0001
2006£290,0001
2005£273,350 £2,196 2
2003£227,9982
2002£238,475 £2,283 2
1999£106,9001
1998£116,5002
1997£120,000 £1,389 3
1996£81,000 £774 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£335,000 £3,764 1
2005£220,000 £2,472 1

All the Sales in the FORTUNE CLOSE, CM3 1RR

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

AddressSold DatePrice% Change
7 FORTUNE CLOSEDetached, FreeholdArea: 122 Sq.mtrAge: 1976-198219 Feb 2021£425,000First Sale
5 FORTUNE CLOSEDetached, FreeholdArea: 105 Sq.mtrAge: 1983-199030 Nov 2018£432,000First Sale
13 FORTUNE CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-197517 Feb 2016£335,00052.27%
17 Feb 2005£220,000First Sale
2 FORTUNE CLOSEDetached, FreeholdArea: 90 Sq.mtrAge: 1976-198219 Mar 2015£323,00040.47%
27 Nov 2002£229,95083.96%
03 Oct 1997£125,000First Sale
20 FORTUNE CLOSEDetached, FreeholdArea: 122.81 Sq.mtrAge: 1976-198217 Nov 2009£285,0005.67%
03 Jun 2005£269,7009.19%
09 Dec 2002£247,000First Sale
11 FORTUNE CLOSEDetached, FreeholdArea: 104.64 Sq.mtrAge: 1983-199004 Apr 2008£249,995208.64%
17 Oct 1996£81,000First Sale
16 FORTUNE CLOSEDetached, Freehold09 Feb 2007£270,00020.00%
16 Apr 2003£224,99592.30%
13 Nov 1998£117,000First Sale
1 FORTUNE CLOSEDetached, Freehold18 Aug 2006£290,00025.54%
06 Feb 2003£231,000First Sale
12 FORTUNE CLOSEDetached, Freehold29 Apr 2005£277,000138.79%
20 Feb 1998£116,000First Sale
8 FORTUNE CLOSEDetached, Freehold09 Aug 1999£106,900First Sale
22 FORTUNE CLOSEDetached, Freehold27 Oct 1997£125,000First Sale
9 FORTUNE CLOSEDetached, Freehold01 May 1997£110,000First Sale

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

FORTUNE CLOSE, CM3 1RR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £211,800 median price is £209,995 Standard Deviation is £94,117 with Total Sold: 275
    • The Last 5 Year average price is £321,620 with Total Sold: 46
    • 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 £354,374 median price is £340,000 Standard Deviation is £167,650 with Total Sold: 454
    • The Last 5 Year average price is £518,830 with Total Sold: 114
    • 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 £150,214 median price is £151,995 Standard Deviation is £41,866 with Total Sold: 124
    • The Last 5 Year average price is £195,000 with Total Sold: 22
    • 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 £219,380 median price is £223,998 Standard Deviation is £101,323 with Total Sold: 204
    • The Last 5 Year average price is £341,479 with Total Sold: 24
    • 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 £2,403,908 median price is £699,654 Standard Deviation is £4,083,846 with Total Sold: 12
    • The Last 5 Year average price is £502,878 with Total Sold: 5
    • The most recent sale happened at this postcode is , 64 MAIN ROAD: £8,000 (Sold on 06 Sep 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£298,1673
2023£394,300 £4,273 5
2022£332,500 £4,710 6
2021£305,600 £3,642 10
2020£324,773 £3,927 11
2019£300,455 £3,544 11
2018£308,136 £3,656 11
2017£249,000 £3,741 5
2016£275,249 £3,250 8
2015£252,144 £2,999 17
2014£218,083 £2,920 12
2013£201,481 £2,452 13
2012£225,050 £2,303 10
2011£176,667 £2,652 6
2010£194,625 £2,477 6
2009£194,667 £2,384 6
2008£278,000 £3,254 3
2007£193,439 £2,461 15
2006£219,432 £2,308 27
2005£178,591 £2,580 8
2004£188,852 £2,253 26
2003£185,981 £2,172 15
2002£99,500 £1,809 1
2001£88,899 £1,414 5
2000£80,998 £1,236 9
1999£66,000 £1,031 1
1998£59,125 £959 4
1997£55,806 £825 9
1996£50,499 £805 8
1995£43,625 £547 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£560,0002
2023£585,900 £3,558 5
2022£658,454 £4,483 11
2021£534,644 £4,097 46
2020£445,518 £4,342 30
2019£494,748 £3,874 20
2018£481,500 £3,302 15
2017£484,000 £3,612 7
2016£385,300 £3,124 5
2015£419,768 £3,437 13
2014£337,954 £2,740 11
2013£323,363 £2,401 11
2012£354,429 £2,471 7
2011£312,250 £2,452 12
2010£321,188 £2,351 8
2009£359,273 £2,727 11
2008£358,461 £2,211 13
2007£356,652 £2,644 18
2006£370,386 £2,283 31
2005£298,965 £2,348 27
2004£264,323 £1,882 23
2003£309,387 £2,159 41
2002£268,986 £1,904 23
2001£177,600 £1,488 5
2000£150,750 £896 6
1999£138,103 £1,039 13
1998£133,389 £1,168 9
1997£109,109 £822 16
1996£119,571 £907 7
1995£95,688 £706 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£107,5001
2023£203,500 £3,237 2
2022£224,167 £3,998 3
2021£204,143 £3,085 7
2020£212,500 £3,491 2
2019£178,429 £3,007 7
2018£175,429 £3,119 7
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£130,000 £1,963 3
2012£132,375 £2,116 4
2011£131,500 £2,083 8
2010£149,500 £2,265 2
2009£175,000 £1,500 1
2008£129,375 £2,700 4
2007£108,469 £1,859 9
2006£146,944 £2,585 19
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£50,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,0002
2023£435,500 £4,321 2
2022£285,000 £4,831 1
2021£346,625 £4,193 8
2020£334,300 £3,678 5
2019£295,833 £3,642 6
2018£354,667 £3,907 6
2017£290,125 £3,929 4
2016£353,600 £3,538 5
2015£299,999 £3,514 12
2014£222,600 £2,968 5
2013£190,000 £2,526 2
2012£271,667 £2,598 3
2011£226,607 £2,705 14
2010£243,900 £2,776 5
2009£208,988 £1,949 4
2008£241,250 £2,600 2
2007£268,960 £2,506 14
2006£247,342 £2,751 17
2005£222,087 £2,444 14
2004£193,989 £2,353 15
2003£175,000 £2,424 10
2002£138,643 £2,090 7
2001£104,286 £1,383 7
2000£82,417 £1,326 3
1999£73,967 £989 9
1998£81,442 £1,199 6
1997£62,625 £781 10
1996£60,667 £729 3
1995£77,833 £810 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£79,000 £1,630 2
2019£785,464 £8,354 3
2018£944,167 £4,700 3
2017£11,500,000 £126,374 2
2016£250,000 £2,137 2

House Type in CM3 1RR area

The most common house types in the CM3 1RR postcode area are Detached (79), Semi-detached (27), and Terraced (13).

Total129
Detached79
Semi-detached27
Terraced13
Flat10
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 (57), and Owned: Owns outright (44).

Owned: Owns with a mortgage or loan57
Owned: Owns outright44
Social rented: Other social rented19
Private rented: Private landlord or letting agency5
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CM3 1RR have 2 people in household (45), and 4 people in household (28).

2 people in household45
4 people in household28
3 people in household22
1 person in household19
5 people in household8
6 people in household4
8 or more people in household1
0 people in household0
7 people in household0