Housing Market Analysis for BRACE WALK, CM3 5GW

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

Overview of Sold House prices

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

Detached
- The average price is around £335,800 median price is £322,000 Standard Deviation is £150,992 with Total Sold: 15
- The Last 5 Year average price is £650,000 with Total Sold: 1
- The most recent sale happened at this postcode is 11 BRACE WALK: £650,000 (Sold on 23 Jun 2023)
- The first recorded sale happened at this postcode is 2 BRACE WALK: £162,000 (Sold on 29 Sep 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:

Below table and chart gives the average CM3 5GW 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	£650,000	£4,305	1
2016	£530,000	£3,681	1
2012	£425,000	£2,638	1
2010	£422,500	£2,691	1
2009	£445,000	£2,070	1
2007	£463,000		1
2006	£406,000	£2,586	1
2002	£322,000	£1,999	1
2001	£262,500		2
1999	£197,500	£1,093	2
1997	£179,500	£1,114	1
1996	£112,000		1
1995	£162,000		1

House Type: Other

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

All the Sales in the BRACE WALK, CM3 5GW

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

Address	Sold Date	Price	% Change
11 BRACE WALKDetached, FreeholdArea: 151 Sq.mtrAge: 1983-1990	23 Jun 2023	£650,000	First Sale
6 BRACE WALKOther, Freehold	12 Oct 2018	£10,500	-96.18%
6 BRACE WALKOther, Freehold	19 Sep 2001	£275,000	First Sale
1 BRACE WALKDetached, FreeholdArea: 144 Sq.mtrAge: 1983-1990	16 Dec 2016	£530,000	First Sale
9 BRACE WALKDetached, FreeholdArea: 161.1 Sq.mtrAge: 1983-1990	22 Mar 2012	£425,000	31.99%
	16 Apr 2002	£322,000	79.39%
	24 Oct 1997	£179,500	First Sale
8 BRACE WALKDetached, FreeholdArea: 157 Sq.mtrAge: 1983-1990	20 Apr 2010	£422,500	4.06%
	11 Jul 2006	£406,000	First Sale
10 BRACE WALKDetached, FreeholdArea: 215 Sq.mtrAge: 1983-1990	31 Jul 2009	£445,000	89.36%
	25 Mar 1999	£235,000	First Sale
4 BRACE WALKDetached, Freehold	19 Mar 2007	£463,000	85.20%
4 BRACE WALKDetached, Freehold	13 Jun 2001	£250,000	First Sale
3 BRACE WALKDetached, Freehold	29 Jul 1999	£160,000	42.86%
3 BRACE WALKDetached, Freehold	25 Jul 1996	£112,000	First Sale
2 BRACE WALKDetached, Freehold	29 Sep 1995	£162,000	First Sale

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

BRACE WALK, CM3 5GW Near By properties

Interactive Map

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

Detached
- The average price is around £284,391 median price is £262,000 Standard Deviation is £150,867 with Total Sold: 991
- The Last 5 Year average price is £494,695 with Total Sold: 113
- The most recent sale happened at this postcode is , 256 HULLBRIDGE ROAD: £445,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 54 THE SPINNAKER: £100,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £181,055 median price is £173,000 Standard Deviation is £99,841 with Total Sold: 277
- The Last 5 Year average price is £329,375 with Total Sold: 36
- The most recent sale happened at this postcode is , 1 KNOLE CLOSE: £387,500 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 11 REYNOLDS GATE: £67,000 (Sold on 10 Feb 1995)
Flat
- The average price is around £90,300 median price is £78,000 Standard Deviation is £53,258 with Total Sold: 185
- The Last 5 Year average price is £184,083 with Total Sold: 18
- The most recent sale happened at this postcode is , 21 DAWBERRY PLACE: £185,000 (Sold on 22 Mar 2024)
- The first recorded sale happened at this postcode is , 45 MELVILLE HEATH: £34,800 (Sold on 10 Mar 1995)
Terraced
- The average price is around £168,139 median price is £157,000 Standard Deviation is £102,116 with Total Sold: 489
- The Last 5 Year average price is £288,023 with Total Sold: 75
- The most recent sale happened at this postcode is , 24 MELVILLE HEATH: £150,000 (Sold on 27 Feb 2024)
- The first recorded sale happened at this postcode is , 40 BLACKWOOD CHINE: £40,000 (Sold on 21 Feb 1995)
Other
- The average price is around £6,893 median price is £7,180 Standard Deviation is £3,069 with Total Sold: 3
- 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 , 7 MARSH FARM ROAD: £7,180 (Sold on 12 Oct 2018)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£617,500		3
2023	£536,538	£4,373	13
2022	£540,545	£4,774	22
2021	£459,804	£4,431	23
2020	£437,542	£3,998	24
2019	£503,732	£3,745	28
2018	£469,173	£3,841	26
2017	£445,854	£3,822	24
2016	£437,803	£3,757	33
2015	£369,087	£3,275	46
2014	£338,499	£3,001	21
2013	£327,708	£2,799	24
2012	£328,449	£2,671	39
2011	£328,045	£2,649	22
2010	£336,444	£2,604	19
2009	£306,369	£2,558	21
2008	£326,722	£2,571	18
2007	£331,061	£2,674	41
2006	£315,450	£2,487	50
2005	£291,750	£2,342	26
2004	£283,716	£2,354	37
2003	£254,640	£2,282	65
2002	£224,136	£1,859	64
2001	£174,342	£1,454	57
2000	£153,158	£1,455	41
1999	£126,115	£1,199	39
1998	£133,849	£1,120	29
1997	£114,519	£986	46
1996	£104,700	£874	53
1995	£101,088	£809	37

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£368,750		2
2023	£364,833	£5,767	3
2022	£394,500	£5,127	6
2021	£318,700	£4,840	10
2020	£284,786	£4,568	7
2019	£309,750	£4,060	8
2018	£317,200	£3,959	5
2017	£271,875	£4,109	4
2016	£222,374	£4,040	4
2015	£261,125	£3,380	8
2014	£224,784	£3,246	7
2013	£187,667	£3,148	3
2012	£257,665	£2,726	3
2011	£268,700	£2,808	5
2010	£243,124	£2,514	4
2009	£199,089	£2,819	5
2008	£237,498	£2,289	2
2007	£217,692	£3,178	16
2006	£206,261	£2,567	23
2005	£200,375	£2,543	16
2004	£173,265	£2,820	13
2003	£177,572	£2,096	16
2002	£152,032	£2,017	15
2001	£115,098	£1,596	15
2000	£96,803	£1,441	13
1999	£83,986	£1,146	15
1998	£70,604	£1,044	12
1997	£56,691	£851	12
1996	£51,832	£929	11
1995	£56,946	£869	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£168,000	£4,341	2
2023	£219,000	£4,259	1
2022	£177,200	£4,455	5
2021	£187,750	£4,021	4
2020	£166,500	£4,153	3
2019	£207,333	£5,399	3
2018	£126,199	£3,727	5
2017	£157,748	£3,994	2
2016	£88,500	£3,129	1
2015	£112,482	£3,076	5
2014	£131,642	£3,082	7
2013	£86,498	£2,462	2
2011	£105,250	£2,679	2
2010	£136,499	£2,621	6
2008	£114,998	£3,144	3
2007	£112,333	£3,236	6
2006	£107,371	£2,882	7
2005	£110,100	£2,694	15
2004	£86,311	£2,547	8
2003	£95,999	£2,260	8
2002	£91,142	£1,925	14
2001	£59,553	£1,375	17
2000	£44,231	£1,162	13
1999	£59,417	£1,198	12
1998	£42,734	£892	11
1997	£33,292	£872	6
1996	£32,361	£752	9
1995	£31,569	£762	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£247,500	£4,027	2
2023	£296,346	£4,933	13
2022	£293,562	£4,916	12
2021	£308,309	£4,527	21
2020	£285,077	£4,398	13
2019	£253,643	£4,695	14
2018	£329,429	£4,085	7
2017	£273,286	£4,419	21
2016	£214,296	£4,057	14
2015	£223,162	£3,331	23
2014	£174,888	£3,182	18
2013	£185,500	£2,989	16
2012	£179,045	£3,134	11
2011	£184,071	£3,027	7
2010	£218,499	£3,108	7
2009	£178,800	£2,651	10
2008	£152,332	£3,655	6
2007	£200,673	£3,004	23
2006	£180,562	£2,671	16
2005	£157,632	£2,695	19
2004	£178,550	£2,531	20
2003	£130,101	£2,401	16
2002	£147,110	£2,074	31
2001	£99,809	£1,478	21
2000	£72,031	£1,298	22
1999	£67,345	£1,206	26
1998	£64,804	£999	22
1997	£58,901	£965	29
1996	£52,111	£889	18
1995	£56,268	£816	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£6,893	£16	3

House Type in CM3 5GW area

The most common house types in the CM3 5GW postcode area are Detached (89), Semi-detached (3), and Flat (2).

Total	94
Detached	89
Semi-detached	3
Flat	2
Terraced	0
Shared house	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 (48), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	48
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	2
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: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CM3 5GW have 2 people in household (38), and 4 people in household (21).

2 people in household	38
4 people in household	21
3 people in household	13
1 person in household	12
5 people in household	5
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0