Housing Market Analysis for MERCHANT STREET, CM3 5BF

Are you looking to understand CM3 5BF 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 5BF area, explore the CM3 5BF Area information page.
For comprehensive crime statistics in the CM3 5BF area, explore the CM3 5BF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM3 5BF postcode area, The average prices are as follows,

  • Other
    • The average price is around £505,000 median price is £505,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £505,000 with Total Sold: 1
    • The most recent sale happened at this postcode is HEALTH CLINIC MERCHANT STREET: £505,000 (Sold on 27 Nov 2020)
    • The first recorded sale happened at this postcode is HEALTH CLINIC MERCHANT STREET: £505,000 (Sold on 27 Nov 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 5BF 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£505,0001

All the Sales in the MERCHANT STREET, CM3 5BF

See the table below for more details on the sold house prices in the CM3 5BF, Chelmsford postcode.

AddressSold DatePrice% Change
HEALTH CLINIC MERCHANT STREETOther, Freehold27 Nov 2020£505,000First Sale

Check out the sold house prices near the CM3 5BF postcode. Properties currently for saleProperties currently for rent

MERCHANT STREET, CM3 5BF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM3 5BF 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 5BF postcode.

  • Flat
    • The average price is around £104,886 median price is £103,000 Standard Deviation is £56,412 with Total Sold: 1,455
    • The Last 5 Year average price is £175,060 with Total Sold: 174
    • The most recent sale happened at this postcode is FLAT 8, VINCENT LODGE BENBOW DRIVE: £145,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 27 TALLOW GATE: £34,500 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £173,746 median price is £164,000 Standard Deviation is £99,272 with Total Sold: 789
    • The Last 5 Year average price is £328,414 with Total Sold: 110
    • The most recent sale happened at this postcode is , 63 COLLINGWOOD ROAD: £277,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 11 REYNOLDS GATE: £67,000 (Sold on 10 Feb 1995)
  • Detached
    • The average price is around £235,349 median price is £225,000 Standard Deviation is £127,191 with Total Sold: 962
    • The Last 5 Year average price is £421,559 with Total Sold: 132
    • The most recent sale happened at this postcode is , 4 BENBOW DRIVE: £525,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 RODING LEIGH: £69,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £146,458 median price is £145,000 Standard Deviation is £78,268 with Total Sold: 939
    • The Last 5 Year average price is £255,424 with Total Sold: 139
    • The most recent sale happened at this postcode is , 84 CLEMENTS GREEN LANE: £170,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 30 OVERMEAD DRIVE: £76,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £603,438 median price is £451,000 Standard Deviation is £616,641 with Total Sold: 12
    • The Last 5 Year average price is £379,083 with Total Sold: 6
    • The most recent sale happened at this postcode is , 18 CUTLERS ROAD: £462,000 (Sold on 13 Jun 2023)
    • The first recorded sale happened at this postcode is , POLICE STATION TYLERS RIDE: £780,000 (Sold on 19 Feb 1998)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,321 £3,197 14
2023£178,491 £3,621 29
2022£180,475 £3,918 40
2021£187,158 £3,770 41
2020£161,230 £3,530 25
2019£161,860 £3,547 25
2018£162,325 £3,580 43
2017£166,375 £3,425 49
2016£149,390 £3,211 44
2015£134,604 £2,861 50
2014£127,890 £2,682 41
2013£108,189 £2,319 33
2012£116,956 £2,468 23
2011£106,672 £2,224 29
2010£136,262 £2,658 32
2009£123,447 £2,469 23
2008£133,307 £2,850 36
2007£137,088 £2,835 86
2006£123,382 £2,591 79
2005£124,487 £2,693 71
2004£102,124 £2,404 60
2003£91,424 £2,158 70
2002£75,706 £1,678 67
2001£56,839 £1,288 68
2000£47,856 £1,114 96
1999£44,394 £964 83
1998£35,317 £850 58
1997£42,550 £785 53
1996£31,595 £708 42
1995£30,384 £697 45
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£301,0004
2023£350,000 £4,458 15
2022£354,062 £5,430 16
2021£323,075 £4,469 41
2020£306,529 £4,353 17
2019£326,441 £4,201 17
2018£328,433 £3,715 15
2017£285,424 £4,040 20
2016£290,615 £3,507 13
2015£252,647 £3,301 17
2014£229,759 £3,156 25
2013£206,354 £2,846 24
2012£218,983 £2,854 13
2011£183,900 £2,924 10
2010£210,300 £2,633 10
2009£180,050 £2,674 15
2008£205,305 £2,776 18
2007£210,015 £2,969 33
2006£189,607 £2,533 28
2005£177,419 £2,568 37
2004£170,546 £2,483 52
2003£149,455 £2,328 39
2002£120,828 £1,852 35
2001£106,758 £1,593 36
2000£91,366 £1,411 50
1999£74,498 £1,120 45
1998£71,907 £1,035 37
1997£60,027 £904 35
1996£58,244 £843 34
1995£56,184 £843 38
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£453,227 £4,132 11
2023£430,333 £4,539 15
2022£444,412 £4,612 17
2021£425,226 £4,038 31
2020£415,200 £3,662 25
2019£396,614 £3,724 33
2018£394,414 £3,727 27
2017£375,000 £3,794 28
2016£379,375 £3,452 34
2015£330,038 £3,162 39
2014£296,836 £2,673 26
2013£244,838 £2,590 29
2012£244,478 £2,661 23
2011£279,676 £2,525 17
2010£243,812 £2,563 24
2009£259,647 £2,423 17
2008£290,230 £1,975 13
2007£258,365 £2,639 39
2006£237,097 £2,392 40
2005£236,608 £2,152 23
2004£228,000 £2,214 29
2003£207,233 £2,016 41
2002£164,416 £1,886 54
2001£143,890 £1,445 55
2000£127,988 £1,338 43
1999£113,110 £1,082 67
1998£98,879 £1,086 27
1997£93,143 £927 53
1996£87,570 £851 51
1995£82,247 £857 31
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£207,900 £3,776 5
2023£264,042 £4,566 24
2022£289,700 £4,803 30
2021£252,379 £4,426 29
2020£246,696 £4,147 28
2019£226,522 £4,409 23
2018£226,400 £4,404 25
2017£232,785 £3,864 28
2016£215,143 £3,993 36
2015£183,053 £3,344 38
2014£182,654 £3,013 58
2013£170,940 £2,717 25
2012£151,259 £2,813 27
2011£157,875 £2,843 12
2010£164,218 £2,770 16
2009£141,000 £2,698 15
2008£151,794 £3,292 17
2007£166,950 £2,907 30
2006£153,349 £2,774 35
2005£147,088 £2,642 31
2004£143,465 £2,553 45
2003£123,803 £2,254 33
2002£101,099 £1,886 45
2001£80,506 £1,388 51
2000£69,565 £1,283 42
1999£60,361 £1,100 40
1998£55,147 £982 42
1997£51,476 £901 48
1996£45,052 £814 34
1995£43,885 £803 27
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£462,0001
2022£210,000 £2,188 1
2020£277,5003
2019£770,0001
2018£1,238,3333
2017£171,7501
2016£300,0001
1998£780,0001

House Type in CM3 5BF area

The most common house types in the CM3 5BF postcode area are Flat (118), commercial building (17), and Detached (7).

Total149
Flat118
commercial building17
Detached7
Semi-detached2
Shared house2
converted building2
temporary structure1
Terraced0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (82), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency82
Owned: Owns with a mortgage or loan40
Owned: Owns outright16
Private rented: Other private rented6
Social rented: Other social rented4
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the CM3 5BF have 1 person in household (98), and 2 people in household (30).

1 person in household98
2 people in household30
3 people in household12
4 people in household8
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0