Housing Market Analysis for MARKLAY DRIVE, CM3 5NP

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £216,184 median price is £190,000 Standard Deviation is £100,268 with Total Sold: 19
- The Last 5 Year average price is £356,667 with Total Sold: 3
- The most recent sale happened at this postcode is 17 MARKLAY DRIVE: £395,000 (Sold on 21 Apr 2023)
- The first recorded sale happened at this postcode is 3 MARKLAY DRIVE: £82,000 (Sold on 12 Aug 1997)
Terraced
- The average price is around £128,188 median price is £97,000 Standard Deviation is £96,255 with Total Sold: 8
- The Last 5 Year average price is £336,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 MARKLAY DRIVE: £336,000 (Sold on 19 Mar 2021)
- The first recorded sale happened at this postcode is 23 MARKLAY DRIVE: £55,000 (Sold on 29 Feb 1996)
Detached
- The average price is around £178,000 median price is £178,000 Standard Deviation is £34,000 with Total Sold: 2
- The most recent sale happened at this postcode is 8 MARKLAY DRIVE: £212,000 (Sold on 17 Dec 2007)
- The first recorded sale happened at this postcode is 8 MARKLAY DRIVE: £144,000 (Sold on 26 Apr 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 5NP 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£395,000	£4,438	1
2022	£375,000	£3,074	1
2021	£300,000	£2,885	1
2018	£355,000	£4,128	1
2017	£314,995	£3,579	1
2016	£320,000	£3,404	1
2015	£265,000	£2,978	1
2008	£205,000		1
2006	£185,000	£2,151	1
2005	£192,333	£2,159	3
2003	£181,000	£2,011	2
2000	£109,000	£1,048	1
1999	£85,250		2
1998	£92,000	£754	1
1997	£82,000	£672	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£336,000	£3,652	1
2014	£225,000	£2,586	1
2011	£92,000	£1,227	1
2001	£114,000		1
2000	£92,250		2
1999	£19,000		1
1996	£55,000	£632	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£212,000		1
2002	£144,000		1

All the Sales in the MARKLAY DRIVE, CM3 5NP

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

Address	Sold Date	Price	% Change
17 MARKLAY DRIVESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	21 Apr 2023	£395,000	49.06%
	20 Mar 2015	£265,000	First Sale
3 MARKLAY DRIVESemi-Detached, FreeholdArea: 122 Sq.mtrAge: 1967-1975	22 Jun 2022	£375,000	307.61%
	02 Sep 1998	£92,000	12.20%
	12 Aug 1997	£82,000	First Sale
9 MARKLAY DRIVETerraced, FreeholdArea: 92 Sq.mtrAge: 1967-1975	19 Mar 2021	£336,000	First Sale
6 MARKLAY DRIVESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1967-1975	05 Mar 2021	£300,000	175.23%
	18 Aug 2000	£109,000	First Sale
10 MARKLAY DRIVESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1967-1975	13 Apr 2018	£355,000	91.89%
	03 Mar 2006	£185,000	First Sale
14 MARKLAY DRIVESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1967-1975	06 Jan 2017	£314,995	65.79%
	02 Dec 2005	£190,000	7.34%
	27 Jun 2003	£177,000	First Sale
19 MARKLAY DRIVESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	05 Oct 2016	£320,000	First Sale
23 MARKLAY DRIVETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	27 Jun 2014	£225,000	309.09%
	29 Feb 1996	£55,000	First Sale
25 MARKLAY DRIVETerraced, FreeholdArea: 75 Sq.mtrAge: 1967-1975	19 Oct 2011	£92,000	First Sale
12 MARKLAY DRIVESemi-Detached, Freehold	12 Dec 2008	£205,000	4.06%
12 MARKLAY DRIVESemi-Detached, Freehold	07 Oct 2005	£197,000	First Sale
8 MARKLAY DRIVEDetached, Freehold	17 Dec 2007	£212,000	47.22%
8 MARKLAY DRIVEDetached, Freehold	26 Apr 2002	£144,000	First Sale
2 MARKLAY DRIVESemi-Detached, Freehold	26 Aug 2005	£190,000	2.70%
	31 Jul 2003	£185,000	104.42%
	03 Sep 1999	£90,500	First Sale
22 MARKLAY DRIVETerraced, Freehold	14 Dec 2001	£114,000	38.18%
	18 May 2000	£82,500	334.21%
	05 Jul 1999	£19,000	First Sale
18 MARKLAY DRIVETerraced, Freehold	12 Jul 2000	£102,000	First Sale
15 MARKLAY DRIVESemi-Detached, Freehold	24 May 1999	£80,000	First Sale

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

MARKLAY DRIVE, CM3 5NP Near By properties

Interactive Map

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

Terraced
- The average price is around £171,402 median price is £166,000 Standard Deviation is £92,563 with Total Sold: 590
- The Last 5 Year average price is £304,887 with Total Sold: 96
- The most recent sale happened at this postcode is , 30 LONGFIELD ROAD: £367,500 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 37 COBURG PLACE: £43,000 (Sold on 28 Feb 1995)
Semi-Detached
- The average price is around £199,562 median price is £195,000 Standard Deviation is £106,919 with Total Sold: 974
- The Last 5 Year average price is £374,747 with Total Sold: 130
- The most recent sale happened at this postcode is , 31 SALTCOATS: £330,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 17 PERTWEE DRIVE: £63,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £258,272 median price is £249,995 Standard Deviation is £132,743 with Total Sold: 796
- The Last 5 Year average price is £436,829 with Total Sold: 129
- The most recent sale happened at this postcode is , 8 WOOLARDS WAY: £405,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 8 RODING LEIGH: £69,000 (Sold on 20 Jan 1995)
Other
- The average price is around £263,083 median price is £240,000 Standard Deviation is £255,393 with Total Sold: 6
- The Last 5 Year average price is £308,140 with Total Sold: 5
- The most recent sale happened at this postcode is , 19 - 23 HALTWHISTLE ROAD: £780,000 (Sold on 10 Jul 2024)
- The first recorded sale happened at this postcode is , 115 HULLBRIDGE ROAD: £37,800 (Sold on 26 Oct 2017)
Flat
- The average price is around £112,271 median price is £114,500 Standard Deviation is £54,154 with Total Sold: 308
- The Last 5 Year average price is £180,678 with Total Sold: 35
- The most recent sale happened at this postcode is , 30 HALTWHISTLE ROAD: £143,000 (Sold on 24 Apr 2024)
- The first recorded sale happened at this postcode is , 34 HALTWHISTLE ROAD: £34,500 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£293,499		5
2023	£323,045	£4,848	11
2022	£331,821	£4,817	14
2021	£301,612	£4,197	24
2020	£309,727	£3,645	22
2019	£277,500	£4,134	20
2018	£303,577	£3,811	13
2017	£284,844	£3,777	16
2016	£251,672	£3,505	16
2015	£225,854	£3,139	24
2014	£202,413	£3,009	23
2013	£179,321	£2,804	14
2012	£183,719	£2,596	22
2011	£183,950	£2,680	20
2010	£176,888	£2,575	9
2009	£178,147	£2,587	17
2008	£168,682	£3,000	11
2007	£185,989	£2,757	22
2006	£166,125	£2,509	20
2005	£161,550	£2,244	20
2004	£149,153	£2,254	29
2003	£142,281	£1,988	16
2002	£114,549	£1,643	23
2001	£102,257	£1,333	35
2000	£85,281	£1,167	24
1999	£62,825	£975	20
1998	£63,489	£911	28
1997	£58,241	£845	34
1996	£54,374	£728	22
1995	£51,603	£679	16

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£427,977	£3,839	11
2023	£405,021	£4,534	32
2022	£371,568	£5,098	22
2021	£360,300	£3,961	30
2020	£348,333	£3,824	15
2019	£342,010	£3,927	20
2018	£356,556	£4,049	18
2017	£318,911	£3,901	25
2016	£317,920	£3,345	20
2015	£273,241	£3,092	31
2014	£237,700	£2,751	30
2013	£223,288	£2,523	32
2012	£226,293	£2,649	30
2011	£225,143	£2,574	21
2010	£216,854	£2,529	24
2009	£195,743	£2,580	23
2008	£214,869	£2,758	23
2007	£230,065	£2,395	44
2006	£210,890	£2,332	43
2005	£205,618	£2,429	36
2004	£192,678	£2,150	36
2003	£170,312	£2,043	48
2002	£140,998	£1,638	47
2001	£130,851	£1,429	50
2000	£103,052	£1,336	55
1999	£84,041	£925	51
1998	£82,096	£1,056	40
1997	£74,853	£844	43
1996	£62,624	£691	41
1995	£63,532	£756	33

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£490,045		11
2023	£485,107	£4,393	14
2022	£461,167	£4,830	27
2021	£424,727	£4,243	37
2020	£375,684	£4,017	19
2019	£422,119	£3,745	21
2018	£395,489	£3,781	27
2017	£395,100	£3,863	30
2016	£366,375	£3,442	26
2015	£336,100	£3,258	30
2014	£303,270	£3,031	34
2013	£281,500	£2,624	19
2012	£265,475	£2,905	20
2011	£271,922	£2,607	17
2010	£279,297	£2,566	20
2009	£264,235	£2,577	17
2008	£286,291	£2,332	12
2007	£273,928	£2,780	28
2006	£261,210	£2,591	38
2005	£245,368	£2,287	19
2004	£233,748	£2,371	34
2003	£201,676	£2,065	33
2002	£169,299	£1,799	40
2001	£148,748	£1,538	30
2000	£134,586	£1,353	33
1999	£116,432	£1,162	41
1998	£99,500	£1,143	21
1997	£92,703	£905	44
1996	£87,305	£839	31
1995	£78,400	£804	23

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£780,000		1
2023	£700	£6	1
2022	£280,000		1
2021	£280,000		1
2019	£200,000		1
2017	£37,800	£700	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£156,500	£3,036	2
2023	£194,107	£4,214	7
2022	£180,999	£3,682	10
2021	£172,844	£3,669	8
2020	£166,750	£3,109	3
2019	£191,799	£3,620	5
2018	£182,889	£3,932	9
2017	£185,875	£3,337	12
2016	£162,000	£3,542	8
2015	£157,659	£3,294	11
2014	£133,886	£2,796	11
2013	£126,416	£2,448	9
2012	£107,714	£2,287	7
2011	£124,545	£2,298	11
2010	£159,740	£2,812	10
2009	£119,400	£2,604	5
2008	£129,125	£2,637	20
2007	£128,100	£2,945	10
2006	£120,740	£2,678	22
2005	£112,250	£2,504	10
2004	£101,089	£2,482	11
2003	£95,250	£2,165	16
2002	£72,049	£1,983	10
2001	£57,722	£1,356	18
2000	£51,382	£1,192	15
1999	£37,910	£934	10
1998	£32,071	£873	7
1997	£33,773	£754	15
1996	£31,062	£647	8
1995	£31,625	£812	8

House Type in CM3 5NP area

The most common house types in the CM3 5NP postcode area are Flat (36), Detached (30), and Semi-detached (24).

Total	116
Flat	36
Detached	30
Semi-detached	24
Terraced	24
Shared house	2
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 with a mortgage or loan (45), and Owned: Owns outright (41).

Owned: Owns with a mortgage or loan	45
Owned: Owns outright	41
Private rented: Private landlord or letting agency	21
Social rented: Other social rented	4
Shared ownership: Shared ownership	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CM3 5NP have 1 person in household (43), and 2 people in household (29).

1 person in household	43
2 people in household	29
3 people in household	23
4 people in household	12
6 people in household	5
5 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0