Housing Market Analysis for THE BIGHT, CM3 5GJ

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

Overview of Sold House prices

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

Detached
- The average price is around £346,738 median price is £324,995 Standard Deviation is £184,151 with Total Sold: 21
- The Last 5 Year average price is £625,000 with Total Sold: 3
- The most recent sale happened at this postcode is 25 THE BIGHT: £665,000 (Sold on 26 Apr 2023)
- The first recorded sale happened at this postcode is 35 THE BIGHT: £105,000 (Sold on 25 Aug 1995)
Semi-Detached
- The average price is around £393,750 median price is £393,750 Standard Deviation is £116,250 with Total Sold: 2
- The Last 5 Year average price is £510,000 with Total Sold: 1
- The most recent sale happened at this postcode is 5 THE BIGHT: £510,000 (Sold on 24 Nov 2022)
- The first recorded sale happened at this postcode is 5 THE BIGHT: £277,500 (Sold on 06 Aug 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 5GJ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£670,000	£5,233	2
2019	£535,000	£3,639	1
2017	£710,000	£4,581	1
2016	£465,000	£3,661	1
2014	£390,000	£3,023	1
2012	£411,500	£2,453	2
2010	£355,000	£2,752	1
2009	£324,995	£2,563	1
2006	£472,500	£3,048	1
2004	£307,500		1
2002	£249,500	£1,697	1
2001	£250,000		1
2000	£185,000		1
1999	£160,000		1
1998	£162,000		1
1997	£147,000	£1,140	1
1996	£150,000	£935	2
1995	£105,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£510,000	£4,215	1
2014	£277,500	£2,293	1

All the Sales in the THE BIGHT, CM3 5GJ

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

Address	Sold Date	Price	% Change
25 THE BIGHTDetached, Freehold	26 Apr 2023	£665,000	First Sale
7 THE BIGHTDetached, FreeholdArea: 129 Sq.mtrAge: 1983-1990	08 Jun 2023	£675,000	73.08%
	03 Mar 2014	£390,000	5.98%
	31 Jul 2012	£368,000	3.66%
	12 Feb 2010	£355,000	141.50%
	21 Aug 1997	£147,000	First Sale
5 THE BIGHTSemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1996-2002	24 Nov 2022	£510,000	83.78%
	06 Aug 2014	£277,500	First Sale
23 THE BIGHTDetached, FreeholdArea: 147 Sq.mtrAge: 1983-1990	11 Jul 2019	£535,000	114.43%
	09 Jul 2002	£249,500	First Sale
21 THE BIGHTDetached, FreeholdArea: 155 Sq.mtrAge: 1983-1990	12 Sep 2017	£710,000	50.26%
	10 Nov 2006	£472,500	225.86%
	01 Mar 1996	£145,000	First Sale
33 THE BIGHTDetached, FreeholdArea: 127 Sq.mtrAge: 1983-1990	15 Jul 2016	£465,000	First Sale
27 THE BIGHTDetached, FreeholdArea: 221.5 Sq.mtrAge: 1976-1982	07 Aug 2012	£455,000	First Sale
29 THE BIGHTDetached, FreeholdArea: 126.8 Sq.mtrAge: 1983-1990	18 Dec 2009	£324,995	First Sale
11 THE BIGHTDetached, Freehold	06 Jan 2004	£307,500	First Sale
15 THE BIGHTDetached, Freehold	05 Oct 2001	£250,000	First Sale
9 THE BIGHTDetached, Freehold	28 Sep 2000	£185,000	First Sale
35 THE BIGHTDetached, Freehold	22 Jan 1999	£160,000	52.38%
35 THE BIGHTDetached, Freehold	25 Aug 1995	£105,000	First Sale
14 THE BIGHTDetached, Freehold	09 Oct 1998	£162,000	First Sale
16 THE BIGHTDetached, Freehold	18 Oct 1996	£155,000	First Sale

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

THE BIGHT, CM3 5GJ Near By properties

Interactive Map

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

Flat
- The average price is around £90,473 median price is £88,000 Standard Deviation is £50,358 with Total Sold: 489
- The Last 5 Year average price is £166,661 with Total Sold: 48
- 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 , 16 CULVER RISE: £24,500 (Sold on 17 Feb 1995)
Semi-Detached
- The average price is around £162,046 median price is £149,495 Standard Deviation is £94,177 with Total Sold: 421
- The Last 5 Year average price is £307,412 with Total Sold: 57
- 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 £267,284 median price is £249,748 Standard Deviation is £144,308 with Total Sold: 958
- The Last 5 Year average price is £470,449 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 , 54 THE SPINNAKER: £100,000 (Sold on 24 Feb 1995)
Terraced
- The average price is around £143,751 median price is £142,000 Standard Deviation is £77,078 with Total Sold: 700
- The Last 5 Year average price is £249,138 with Total Sold: 105
- The most recent sale happened at this postcode is , 94 COLLINGWOOD ROAD: £234,500 (Sold on 13 May 2024)
- The first recorded sale happened at this postcode is , 95 COLLINGWOOD ROAD: £52,250 (Sold on 27 Jan 1995)
Other
- The average price is around £10,500 median price is £10,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is , 6 BRACE WALK: £10,500 (Sold on 12 Oct 2018)
- The first recorded sale happened at this postcode is , 6 BRACE WALK: £10,500 (Sold on 12 Oct 2018)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£157,100	£3,526	5
2023	£168,625	£3,237	4
2022	£166,912	£4,078	17
2021	£188,450	£3,998	10
2020	£145,125	£4,044	6
2019	£157,833	£4,472	6
2018	£142,642	£3,586	14
2017	£171,071	£3,737	14
2016	£139,931	£3,525	8
2015	£130,891	£3,074	15
2014	£114,944	£2,951	9
2013	£100,082	£2,621	6
2012	£113,500	£2,718	8
2011	£109,889	£2,572	9
2010	£118,139	£2,671	9
2009	£109,666	£2,272	6
2008	£112,571	£2,948	7
2007	£121,557	£2,873	26
2006	£113,732	£2,510	22
2005	£104,865	£2,635	26
2004	£98,299	£2,528	25
2003	£89,421	£2,169	26
2002	£70,278	£1,723	34
2001	£56,799	£1,314	33
2000	£45,378	£1,141	42
1999	£40,426	£914	27
1998	£33,933	£880	22
1997	£32,428	£802	18
1996	£26,709	£699	16
1995	£28,158	£726	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,333		3
2023	£319,583	£4,769	6
2022	£347,000	£5,240	10
2021	£299,528	£4,875	18
2020	£274,300	£4,554	10
2019	£312,650	£3,912	10
2018	£314,850	£3,940	10
2017	£239,749	£4,268	6
2016	£267,889	£3,575	9
2015	£246,857	£3,405	7
2014	£223,199	£3,366	10
2013	£174,100	£2,782	5
2012	£206,849	£2,846	8
2011	£191,375	£3,104	4
2010	£217,600	£2,605	5
2009	£185,468	£2,807	8
2008	£185,998	£2,874	7
2007	£208,719	£3,036	25
2006	£184,749	£2,711	18
2005	£172,900	£2,573	20
2004	£160,405	£2,675	27
2003	£141,358	£2,403	23
2002	£119,692	£1,990	26
2001	£104,274	£1,602	18
2000	£78,868	£1,345	24
1999	£69,913	£1,152	26
1998	£64,185	£1,010	20
1997	£52,792	£911	19
1996	£51,537	£909	21
1995	£51,347	£895	18

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£536,786	£4,132	7
2023	£508,906	£4,413	16
2022	£526,958	£4,771	24
2021	£455,103	£4,254	29
2020	£416,327	£3,872	26
2019	£450,992	£3,782	30
2018	£418,874	£3,816	24
2017	£415,481	£3,953	27
2016	£406,167	£3,570	36
2015	£361,619	£3,301	46
2014	£317,615	£2,832	26
2013	£269,475	£2,735	28
2012	£302,587	£2,638	23
2011	£286,333	£2,588	18
2010	£313,286	£2,496	21
2009	£299,014	£2,442	17
2008	£305,033	£2,513	15
2007	£312,897	£2,676	34
2006	£288,299	£2,441	45
2005	£267,520	£2,285	25
2004	£267,129	£2,346	31
2003	£228,452	£2,139	40
2002	£187,418	£1,906	50
2001	£173,294	£1,467	56
2000	£144,015	£1,473	49
1999	£123,946	£1,140	60
1998	£113,845	£1,051	29
1997	£104,495	£1,016	52
1996	£101,078	£891	46
1995	£92,996	£835	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£242,900	£4,027	5
2023	£266,652	£4,651	23
2022	£277,556	£4,645	18
2021	£241,604	£4,478	24
2020	£237,882	£4,127	17
2019	£220,750	£4,433	18
2018	£232,533	£4,186	15
2017	£244,354	£3,915	24
2016	£209,938	£4,009	30
2015	£191,501	£3,313	29
2014	£175,380	£2,951	39
2013	£164,275	£2,703	20
2012	£145,466	£2,842	15
2011	£154,312	£2,907	8
2010	£160,499	£2,783	8
2009	£148,250	£2,644	12
2008	£149,633	£3,333	15
2007	£176,566	£2,852	15
2006	£154,509	£2,797	27
2005	£144,968	£2,794	24
2004	£137,736	£2,536	38
2003	£119,151	£2,355	24
2002	£97,785	£1,930	35
2001	£78,224	£1,419	39
2000	£66,379	£1,213	31
1999	£56,952	£1,123	32
1998	£52,713	£992	29
1997	£51,919	£909	39
1996	£45,238	£816	29
1995	£44,472	£827	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£10,500		1

House Type in CM3 5GJ area

The most common house types in the CM3 5GJ postcode area are Detached (102), Terraced (6), and Semi-detached (2).

Total	111
Detached	102
Terraced	6
Semi-detached	2
Shared house	1
Flat	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	66
Owned: Owns with a mortgage or loan	44
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Private rented: Private landlord or letting agency	0
Lives rent free	0

Number of People in a Household

The most houses in the CM3 5GJ have 2 people in household (51), and 3 people in household (22).

2 people in household	51
3 people in household	22
4 people in household	20
1 person in household	11
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0