Housing Market Analysis for SOUTHERN DRIVE, CM3 5NY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £193,716 median price is £212,000 Standard Deviation is £102,147 with Total Sold: 18
- The Last 5 Year average price is £391,250 with Total Sold: 2
- The most recent sale happened at this postcode is 8 SOUTHERN DRIVE: £457,500 (Sold on 25 Sep 2023)
- The first recorded sale happened at this postcode is 9 SOUTHERN DRIVE: £78,450 (Sold on 14 Aug 1995)
Terraced
- The average price is around £254,571 median price is £310,000 Standard Deviation is £85,930 with Total Sold: 7
- The Last 5 Year average price is £320,000 with Total Sold: 1
- The most recent sale happened at this postcode is 6 SOUTHERN DRIVE: £320,000 (Sold on 11 Jun 2019)
- The first recorded sale happened at this postcode is 4 SOUTHERN DRIVE: £115,000 (Sold on 03 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 5NY 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	£457,500	£4,013	1
2020	£325,000	£3,533	1
2013	£224,000	£2,593	2
2012	£282,500	£2,093	1
2010	£245,500	£2,307	2
2009	£234,000	£1,699	1
2005	£202,000		1
2004	£229,995	£2,211	1
2002	£164,995	£1,671	1
2001	£144,725	£1,197	2
1999	£63,500	£211	2
1997	£88,000	£652	1
1996	£69,000	£501	1
1995	£78,450	£754	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£320,000	£4,384	1
2017	£330,000	£2,973	1
2015	£345,000	£3,317	1
2014	£310,000	£2,385	1
2009	£190,000		1
2003	£172,000	£1,323	1
2000	£115,000	£885	1

All the Sales in the SOUTHERN DRIVE, CM3 5NY

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

Address	Sold Date	Price	% Change
8 SOUTHERN DRIVESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1976-1982	25 Sep 2023	£457,500	72.64%
	14 Sep 2010	£265,000	94.14%
	02 Nov 2001	£136,500	First Sale
13 SOUTHERN DRIVESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1976-1982	03 Nov 2020	£325,000	First Sale
6 SOUTHERN DRIVETerraced, FreeholdArea: 73 Sq.mtrAge: 1976-1982	11 Jun 2019	£320,000	First Sale
3 SOUTHERN DRIVETerraced, FreeholdArea: 111 Sq.mtrAge: 1967-1975	26 Sep 2017	£330,000	First Sale
9 SOUTHERN DRIVETerraced, FreeholdArea: 104 Sq.mtrAge: 1967-1975	19 Jun 2015	£345,000	50.00%
	03 Mar 2004	£229,995	193.17%
	14 Aug 1995	£78,450	First Sale
4 SOUTHERN DRIVETerraced, FreeholdArea: 130 Sq.mtrAge: 1976-1982	04 Apr 2014	£310,000	80.23%
	07 Apr 2003	£172,000	49.57%
	03 Nov 2000	£115,000	First Sale
2 SOUTHERN DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1976-1982	01 Nov 2013	£222,000	First Sale
15 SOUTHERN DRIVESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1967-1975	28 Mar 2013	£226,000	First Sale
31 SOUTHERN DRIVESemi-Detached, FreeholdArea: 135 Sq.mtrAge: 1967-1975	23 Oct 2012	£282,500	891.23%
	05 May 1999	£28,500	-67.61%
	19 Sep 1997	£88,000	First Sale
21 SOUTHERN DRIVESemi-Detached, FreeholdArea: 98.72 Sq.mtrAge: 1967-1975	29 Jul 2010	£226,000	36.97%
	23 Aug 2002	£164,995	First Sale
10 SOUTHERN DRIVETerraced, Freehold	03 Jul 2009	£190,000	First Sale
19 SOUTHERN DRIVESemi-Detached, FreeholdArea: 137.7 Sq.mtrAge: 1983-1990	16 Mar 2009	£234,000	239.13%
	22 Nov 1996	£69,000	First Sale
29 SOUTHERN DRIVESemi-Detached, Freehold	28 Nov 2005	£202,000	First Sale
23 SOUTHERN DRIVESemi-Detached, Freehold	18 Dec 2001	£152,950	55.28%
23 SOUTHERN DRIVESemi-Detached, Freehold	15 Jan 1999	£98,500	First Sale

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

SOUTHERN DRIVE, CM3 5NY Near By properties

Interactive Map

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

Terraced
- The average price is around £157,373 median price is £152,500 Standard Deviation is £86,588 with Total Sold: 851
- The Last 5 Year average price is £292,011 with Total Sold: 110
- The most recent sale happened at this postcode is , 6 SHIREBOURN VALE: £315,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 38 SHIREBOURN VALE: £46,000 (Sold on 10 Feb 1995)
Detached
- The average price is around £248,860 median price is £239,000 Standard Deviation is £127,372 with Total Sold: 1,151
- The Last 5 Year average price is £431,766 with Total Sold: 161
- The most recent sale happened at this postcode is , 25 GREAT SMIALS: £450,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 8 RODING LEIGH: £69,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £190,773 median price is £182,250 Standard Deviation is £104,739 with Total Sold: 940
- The Last 5 Year average price is £364,689 with Total Sold: 117
- 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)
Flat
- The average price is around £102,819 median price is £103,000 Standard Deviation is £53,010 with Total Sold: 580
- The Last 5 Year average price is £172,539 with Total Sold: 70
- The most recent sale happened at this postcode is , 10 ABBOTSLEIGH ROAD: £195,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 13 AKENFIELD CLOSE: £19,500 (Sold on 03 Mar 1995)
Other
- The average price is around £315,560 median price is £280,000 Standard Deviation is £248,491 with Total Sold: 5
- The Last 5 Year average price is £385,000 with Total Sold: 4
- 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)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,999		5
2023	£292,923	£5,166	13
2022	£321,250	£4,985	20
2021	£299,523	£4,353	30
2020	£284,798	£4,154	20
2019	£263,251	£4,495	22
2018	£267,476	£4,390	21
2017	£275,050	£4,033	20
2016	£260,709	£3,644	25
2015	£209,528	£3,436	34
2014	£196,989	£3,057	34
2013	£169,440	£3,102	17
2012	£181,636	£2,707	24
2011	£174,882	£3,105	17
2010	£174,511	£2,776	17
2009	£161,595	£2,620	21
2008	£170,857	£2,996	14
2007	£182,132	£2,935	34
2006	£165,938	£2,666	41
2005	£158,629	£2,385	27
2004	£152,510	£2,424	44
2003	£137,802	£2,194	28
2002	£113,863	£1,685	36
2001	£95,604	£1,411	55
2000	£79,186	£1,353	44
1999	£65,357	£1,064	35
1998	£60,805	£1,009	45
1997	£55,697	£869	49
1996	£50,331	£773	35
1995	£49,069	£775	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£431,567		15
2023	£486,591	£4,795	22
2022	£450,929	£4,944	35
2021	£426,939	£4,595	43
2020	£379,025	£4,243	20
2019	£408,250	£3,836	26
2018	£405,005	£3,760	40
2017	£385,256	£3,706	39
2016	£360,642	£3,530	37
2015	£331,810	£3,337	37
2014	£300,624	£2,921	44
2013	£263,667	£2,727	36
2012	£266,348	£2,817	33
2011	£281,606	£2,632	30
2010	£271,799	£2,985	35
2009	£262,675	£2,581	20
2008	£307,706	£2,371	17
2007	£257,053	£2,915	42
2006	£249,398	£2,517	54
2005	£236,000	£2,345	25
2004	£233,459	£2,398	44
2003	£206,698	£2,158	53
2002	£171,205	£1,790	73
2001	£147,719	£1,557	54
2000	£132,591	£1,416	48
1999	£109,741	£1,164	51
1998	£104,214	£1,270	28
1997	£96,316	£917	71
1996	£86,181	£836	44
1995	£78,520	£829	35

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£414,500	£3,839	10
2023	£401,467	£4,432	25
2022	£366,095	£4,930	21
2021	£348,611	£4,031	27
2020	£343,417	£3,912	12
2019	£330,250	£4,276	22
2018	£364,118	£3,883	17
2017	£313,158	£3,896	22
2016	£307,793	£3,495	15
2015	£272,465	£3,147	29
2014	£236,016	£2,976	30
2013	£222,062	£2,600	28
2012	£224,947	£2,762	23
2011	£215,750	£2,706	18
2010	£209,750	£2,525	22
2009	£189,771	£2,427	24
2008	£218,571	£2,740	21
2007	£225,556	£2,625	42
2006	£213,815	£2,305	39
2005	£194,850	£2,515	35
2004	£181,718	£2,204	50
2003	£168,433	£2,167	45
2002	£138,592	£1,685	43
2001	£123,226	£1,488	51
2000	£101,590	£1,391	57
1999	£81,858	£1,015	48
1998	£83,800	£1,042	42
1997	£72,283	£859	43
1996	£64,000	£747	42
1995	£64,015	£791	37

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000	£3,608	5
2023	£175,953	£4,130	16
2022	£184,906	£3,782	16
2021	£165,521	£3,514	12
2020	£172,094	£3,301	8
2019	£162,769	£3,800	13
2018	£157,234	£3,816	16
2017	£176,748	£3,394	26
2016	£136,691	£3,407	17
2015	£146,853	£3,067	17
2014	£133,800	£2,728	20
2013	£121,196	£2,390	14
2012	£110,722	£2,243	9
2011	£119,900	£2,275	15
2010	£143,583	£2,455	12
2009	£109,499	£2,732	7
2008	£124,420	£2,683	25
2007	£118,317	£2,786	21
2006	£104,307	£2,550	26
2005	£108,414	£2,259	32
2004	£93,573	£2,358	27
2003	£91,664	£2,133	35
2002	£73,074	£1,701	27
2001	£54,440	£1,298	30
2000	£46,006	£1,127	32
1999	£36,546	£904	29
1998	£31,330	£797	18
1997	£34,288	£750	28
1996	£30,373	£629	13
1995	£28,621	£738	14

House Type: Other

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

House Type in CM3 5NY area

The most common house types in the CM3 5NY postcode area are Detached (54), Semi-detached (53), and Terraced (24).

Total	132
Detached	54
Semi-detached	53
Terraced	24
Flat	1
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 with a mortgage or loan (60), and Owned: Owns outright (56).

Owned: Owns with a mortgage or loan	60
Owned: Owns outright	56
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the CM3 5NY have 2 people in household (54), and 4 people in household (25).

2 people in household	54
4 people in household	25
1 person in household	24
3 people in household	16
5 people in household	8
6 people in household	4
7 people in household	1
8 or more people in household	1
0 people in household	0