Housing Market Analysis for PENNY ROYAL ROAD, CM3 4ED

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £204,738 median price is £212,500 Standard Deviation is £41,431 with Total Sold: 4
    • The Last 5 Year average price is £249,950 with Total Sold: 1
    • The most recent sale happened at this postcode is IVY COTTAGE PENNY ROYAL ROAD: £249,950 (Sold on 22 Jul 2020)
    • The first recorded sale happened at this postcode is CRICKETERS COTTAGE PENNY ROYAL ROAD: £190,000 (Sold on 12 Mar 1999)
  • Detached
    • The average price is around £508,000 median price is £443,750 Standard Deviation is £263,871 with Total Sold: 6
    • The most recent sale happened at this postcode is THE OLD BAKERY PENNY ROYAL ROAD: £980,000 (Sold on 10 Feb 2014)
    • The first recorded sale happened at this postcode is BRANTHWAITE PENNY ROYAL ROAD: £127,500 (Sold on 09 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 4ED 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£249,9501
2003£235,0001
1999£167,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£980,000 £3,279 1
2005£501,000 £2,046 3
2003£437,5001
1996£127,500 £763 1

All the Sales in the PENNY ROYAL ROAD, CM3 4ED

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

AddressSold DatePrice% Change
IVY COTTAGE PENNY ROYAL ROADTerraced, Freehold22 Jul 2020£249,9506.36%
06 Jun 2003£235,000First Sale
THE OLD BAKERY PENNY ROYAL ROADDetached, FreeholdArea: 298.85 Sq.mtrAge: before 190010 Feb 2014£980,00046.27%
07 Jun 2005£670,000First Sale
PURLEIGH PENNY ROYAL ROADDetached, FreeholdArea: 207 Sq.mtrAge: 1930-194923 Aug 2005£383,000First Sale
TUDOR HOUSE PENNY ROYAL ROADDetached, Freehold06 May 2005£450,000First Sale
POPLARS PENNY ROYAL ROADDetached, Freehold01 Dec 2003£437,500First Sale
BAY COTTAGE PENNY ROYAL ROADTerraced, Freehold19 May 1999£144,000First Sale
CRICKETERS COTTAGE PENNY ROYAL ROADTerraced, Freehold12 Mar 1999£190,000First Sale
BRANTHWAITE PENNY ROYAL ROADDetached, FreeholdArea: 167 Sq.mtrAge: 1950-196609 Dec 1996£127,500First Sale

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

PENNY ROYAL ROAD, CM3 4ED Near By properties

Interactive Map

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

  • Detached
    • The average price is around £397,409 median price is £379,000 Standard Deviation is £234,533 with Total Sold: 304
    • The Last 5 Year average price is £699,417 with Total Sold: 36
    • The most recent sale happened at this postcode is , 56 ST CLERES WAY: £505,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 40 MAIN ROAD: £120,000 (Sold on 26 Jan 1995)
  • Semi-Detached
    • The average price is around £313,984 median price is £286,000 Standard Deviation is £183,090 with Total Sold: 54
    • The Last 5 Year average price is £442,812 with Total Sold: 8
    • The most recent sale happened at this postcode is , 15 SOUTHVIEW TERRACE: £475,000 (Sold on 25 Jan 2023)
    • The first recorded sale happened at this postcode is , 30 MAIN ROAD: £63,500 (Sold on 28 Apr 1995)
  • Terraced
    • The average price is around £222,380 median price is £232,500 Standard Deviation is £95,746 with Total Sold: 43
    • The Last 5 Year average price is £319,988 with Total Sold: 4
    • The most recent sale happened at this postcode is , 7 PUMP LANE: £350,000 (Sold on 23 Sep 2022)
    • The first recorded sale happened at this postcode is , 8 PUMP LANE: £71,000 (Sold on 14 Jul 1995)
  • Other
    • The average price is around £1,115,000 median price is £425,000 Standard Deviation is £1,235,361 with Total Sold: 3
    • The Last 5 Year average price is £1,460,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 41 MAIN ROAD: £2,850,000 (Sold on 16 Jul 2021)
    • The first recorded sale happened at this postcode is , 24 MAIN ROAD: £425,000 (Sold on 03 May 2018)
  • Flat
    • The average price is around £249,000 median price is £249,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3, KILN COTTAGES HORNE ROW: £249,000 (Sold on 09 Mar 2015)
    • The first recorded sale happened at this postcode is 3, KILN COTTAGES HORNE ROW: £249,000 (Sold on 09 Mar 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£698,3333
2023£650,000 £5,686 4
2022£906,667 £5,282 3
2021£783,458 £5,204 12
2020£596,875 £4,057 4
2019£597,500 £4,684 10
2018£637,917 £4,810 6
2017£576,292 £3,990 12
2016£587,143 £3,722 7
2015£507,970 £4,309 17
2014£568,363 £4,235 11
2013£464,995 £3,098 10
2012£403,571 £2,979 7
2011£423,125 £3,870 8
2010£514,222 £3,210 9
2009£380,667 £4,074 3
2008£520,000 £3,107 5
2007£514,125 £2,718 8
2006£436,077 £3,033 13
2005£390,406 £2,822 16
2004£420,833 £2,761 9
2003£328,792 £1,965 12
2002£298,469 £1,998 16
2001£249,294 £1,501 11
2000£191,495 £1,516 11
1999£211,469 £1,759 16
1998£139,797 £1,472 8
1997£171,750 £1,000 21
1996£173,764 £884 14
1995£152,000 £864 18
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£475,000 £4,750 1
2021£463,333 £4,884 3
2020£452,500 £4,428 3
2019£320,000 £4,638 1
2018£1,025,000 £5,663 1
2017£412,500 £4,264 3
2016£697,495 £5,205 1
2015£452,500 £4,369 3
2013£326,066 £2,940 6
2012£299,125 £3,228 4
2011£285,000 £2,850 1
2010£402,500 £2,168 2
2008£187,9761
2007£315,000 £3,460 2
2006£235,000 £3,013 1
2005£160,000 £2,963 1
2004£261,125 £2,148 4
2003£289,000 £2,240 1
2002£396,200 £2,940 2
2001£131,0001
2000£144,468 £774 4
1999£125,500 £1,837 2
1998£118,0001
1997£97,333 £1,173 3
1996£79,995 £1,159 1
1995£63,500 £492 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£342,500 £4,732 2
2021£345,000 £3,224 1
2020£249,9501
2018£270,000 £4,030 1
2017£327,500 £4,551 4
2015£319,038 £4,000 4
2013£270,000 £2,523 1
2012£321,500 £3,293 2
2011£203,750 £3,041 1
2010£221,124 £3,851 4
2009£232,500 £2,752 1
2008£217,000 £3,409 2
2007£185,000 £2,761 1
2006£237,500 £3,391 2
2005£193,000 £2,969 1
2004£199,995 £2,367 1
2003£235,0001
2002£158,750 £2,132 2
1999£151,167 £1,992 3
1998£91,167 £1,279 3
1997£91,500 £1,048 2
1996£86,000 £932 2
1995£71,000 £1,085 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£2,850,0001
2019£70,0001
2018£425,000 £3,455 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£249,000 £2,929 1

House Type in CM3 4ED area

The most common house types in the CM3 4ED postcode area are Detached (96), Semi-detached (16), and Terraced (12).

Total126
Detached96
Semi-detached16
Terraced12
commercial building1
temporary structure1
Flat0
Shared house0
converted building0

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 (48).

Owned: Owns outright67
Owned: Owns with a mortgage or loan48
Private rented: Private landlord or letting agency6
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the CM3 4ED have 2 people in household (60), and 4 people in household (25).

2 people in household60
4 people in household25
1 person in household19
3 people in household12
5 people in household11
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0