Housing Market Analysis for THE RIDGE, CM3 4RZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £840,714 median price is £675,000 Standard Deviation is £490,010 with Total Sold: 7
    • The most recent sale happened at this postcode is GAVEA THE RIDGE: £1,670,000 (Sold on 31 Aug 2017)
    • The first recorded sale happened at this postcode is GAVEA THE RIDGE: £400,000 (Sold on 01 Jun 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 4RZ 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£1,670,000 £13,360 1
2015£1,500,000 £12,000 1
2013£700,000 £5,600 1
2010£615,000 £6,099 1
2004£675,0001
2001£362,500 £3,200 2

All the Sales in the THE RIDGE, CM3 4RZ

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

AddressSold DatePrice% Change
GAVEA THE RIDGEDetached, FreeholdArea: 125 Sq.mtrAge: 1950-196631 Aug 2017£1,670,00011.33%
30 Jan 2015£1,500,000114.29%
23 Aug 2013£700,00075.00%
01 Jun 2001£400,000First Sale
BUKIT SERENE THE RIDGEDetached, FreeholdArea: 100.84 Sq.mtrAge: 1950-196616 Aug 2010£615,000First Sale
FLETT COTTAGE THE RIDGEDetached, Freehold22 Oct 2004£675,000First Sale
PIPERS COTTAGE THE RIDGEDetached, Freehold09 Nov 2001£325,000First Sale

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

THE RIDGE, CM3 4RZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £689,501 median price is £650,000 Standard Deviation is £354,897 with Total Sold: 139
    • The Last 5 Year average price is £1,081,800 with Total Sold: 20
    • The most recent sale happened at this postcode is , ATHENIA FIR TREE LANE: £831,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , WOODLANDS COLAM LANE: £335,000 (Sold on 10 Mar 1995)
  • Semi-Detached
    • The average price is around £391,585 median price is £347,500 Standard Deviation is £255,257 with Total Sold: 10
    • The Last 5 Year average price is £696,650 with Total Sold: 3
    • The most recent sale happened at this postcode is , CRANLEY COLAM LANE: £399,950 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , LINGATE THE RIDGE: £89,900 (Sold on 27 Mar 1995)
  • Other
    • The average price is around £1,006,200 median price is £1,085,000 Standard Deviation is £382,285 with Total Sold: 5
    • The Last 5 Year average price is £1,300,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , BURGHFIELDS FARM COLAM LANE: £1,350,000 (Sold on 19 Dec 2019)
    • The first recorded sale happened at this postcode is , 7A THE RYEFIELD: £270,000 (Sold on 29 Jun 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£831,0001
2022£1,227,143 £6,776 7
2021£1,245,000 £5,106 3
2020£1,051,000 £5,184 5
2019£806,250 £4,730 4
2018£1,037,500 £7,305 3
2017£1,030,000 £7,140 5
2016£794,333 £4,936 6
2015£1,075,000 £4,882 5
2014£789,727 £4,470 11
2013£961,333 £4,958 6
2012£598,333 £3,781 3
2011£742,500 £3,672 2
2010£792,000 £4,207 5
2009£604,642 £3,531 7
2008£622,500 £3,085 3
2007£629,250 £2,544 4
2006£610,000 £4,031 4
2005£522,417 £2,772 6
2004£770,000 £2,096 4
2003£624,800 £3,519 5
2002£554,9994
2001£417,186 £2,333 7
2000£389,058 £2,072 6
1999£303,357 £1,750 7
1998£360,000 £1,591 4
1997£225,000 £1,188 6
1996£181,250 £911 2
1995£240,000 £1,011 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£399,950 £5,128 1
2022£1,000,000 £5,556 1
2021£690,000 £4,631 1
2017£380,000 £4,872 1
2016£330,000 £5,323 1
2004£315,500 £2,450 2
2001£250,000 £1,678 1
1998£145,0001
1995£89,900 £818 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£1,300,000 £8,383 2
2018£1,085,000 £5,023 1
2017£673,000 £3,068 2

House Type in CM3 4RZ area

The most common house types in the CM3 4RZ 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 4RZ 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