Housing Market Analysis for GRACES LANE, CM3 4AX

Are you looking to understand CM3 4AX 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 4AX area, explore the CM3 4AX Area information page.
For comprehensive crime statistics in the CM3 4AX area, explore the CM3 4AX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM3 4AX postcode area, The average prices are as follows,

  • Detached
    • The average price is around £1,458,333 median price is £1,250,000 Standard Deviation is £443,628 with Total Sold: 3
    • The Last 5 Year average price is £2,075,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BLAKESWOOD GRACES LANE: £1,250,000 (Sold on 12 Oct 2016)
    • The first recorded sale happened at this postcode is GOOD GRACES GRACES LANE: £2,075,000 (Sold on 08 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 4AX 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
2016£1,250,000 £3,870 1
2015£1,050,000 £3,376 1
2024£2,075,0001

All the Sales in the GRACES LANE, CM3 4AX

See the table below for more details on the sold house prices in the CM3 4AX, Chelmsford postcode.

AddressSold DatePrice% Change
BLAKESWOOD GRACES LANEDetached, FreeholdArea: 323 Sq.mtrAge: 1950-196612 Oct 2016£1,250,000First Sale
GOOD GRACES GRACES LANEDetached, FreeholdArea: 311 Sq.mtr09 Jul 2015£1,050,000-49.40%
08 Jul 2024£2,075,000First Sale

Check out the sold house prices near the CM3 4AX postcode. Properties currently for saleProperties currently for rent

GRACES LANE, CM3 4AX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM3 4AX 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 4AX postcode.

  • Detached
    • The average price is around £1,225,857 median price is £1,210,000 Standard Deviation is £584,555 with Total Sold: 14
    • The Last 5 Year average price is £1,823,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , GOOD GRACES GRACES LANE: £2,075,000 (Sold on 08 Jul 2024)
    • The first recorded sale happened at this postcode is , NEW LODGE COTTAGE NEW LODGE CHASE: £432,000 (Sold on 15 Jan 1999)
  • Other
    • The average price is around £576,750 median price is £85,000 Standard Deviation is £894,379 with Total Sold: 4
    • The Last 5 Year average price is £576,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , FOREST LODGE NEW LODGE CHASE: £85,000 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is , FOREST LODGE NEW LODGE CHASE: £12,000 (Sold on 16 Dec 2019)
  • Semi-Detached
    • The average price is around £396,667 median price is £330,000 Standard Deviation is £154,344 with Total Sold: 3
    • The Last 5 Year average price is £610,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, CHASE COTTAGES RIFFHAMS CHASE: £610,000 (Sold on 11 Sep 2020)
    • The first recorded sale happened at this postcode is 1, CHASE COTTAGES RIFFHAMS CHASE: £250,000 (Sold on 17 Dec 2003)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,075,0001
2023£1,560,000 £5,422 2
2021£1,960,000 £6,907 2
2016£1,250,000 £3,870 1
2015£1,050,000 £3,376 1
2012£1,545,000 £3,060 1
2006£550,000 £1,294 1
2005£935,000 £1,387 2
2004£750,0001
2000£600,000 £3,093 1
1999£432,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£85,000 £438 1
2022£85,000 £438 1
2020£2,125,0001
2019£12,000 £62 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£610,000 £6,703 1
2013£330,000 £4,342 1
2003£250,000 £3,289 1

House Type in CM3 4AX area

The most common house types in the CM3 4AX postcode area are Detached (106), Semi-detached (24), and Terraced (3).

Total133
Detached106
Semi-detached24
Terraced3
Flat0
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 (76), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright76
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency13
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
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 4AX have 2 people in household (61), and 3 people in household (22).

2 people in household61
3 people in household22
1 person in household20
4 people in household18
5 people in household8
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0