Housing Market Analysis for BANKSIDE CLOSE, CM3 5TT

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £153,776 median price is £151,498 Standard Deviation is £83,247 with Total Sold: 30
- The Last 5 Year average price is £315,000 with Total Sold: 3
- The most recent sale happened at this postcode is 26 BANKSIDE CLOSE: £330,000 (Sold on 16 Aug 2022)
- The first recorded sale happened at this postcode is 4 BANKSIDE CLOSE: £60,000 (Sold on 26 Mar 1997)
Terraced
- The average price is around £168,496 median price is £180,750 Standard Deviation is £91,611 with Total Sold: 12
- The most recent sale happened at this postcode is 6 BANKSIDE CLOSE: £305,000 (Sold on 15 Oct 2018)
- The first recorded sale happened at this postcode is 20 BANKSIDE CLOSE: £52,000 (Sold on 21 Apr 1995)
Detached
- The average price is around £155,214 median price is £132,000 Standard Deviation is £70,164 with Total Sold: 7
- The most recent sale happened at this postcode is 8 BANKSIDE CLOSE: £286,000 (Sold on 27 Jul 2015)
- The first recorded sale happened at this postcode is 7 BANKSIDE CLOSE: £64,000 (Sold on 27 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 5TT 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
2022	£330,000	£5,000	1
2021	£325,000	£4,851	1
2019	£290,000	£4,462	1
2017	£281,000	£4,290	2
2012	£180,000	£2,727	1
2011	£185,000	£2,846	1
2007	£231,995		1
2006	£196,000		1
2005	£209,995		1
2004	£181,000	£2,743	2
2003	£153,500	£2,308	2
2002	£143,665	£2,059	3
2001	£111,040	£1,682	1
2000	£92,750	£1,408	4
1999	£78,667	£1,242	3
1998	£34,500		1
1997	£62,688	£974	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£305,000	£4,178	1
2017	£297,500	£4,508	1
2015	£242,500	£3,674	1
2014	£222,000	£3,313	1
2010	£222,500	£3,417	1
2007	£210,000	£3,225	1
2005	£149,950		1
2004	£151,500		1
2002	£40,000	£593	1
1997	£64,500	£915	2
1995	£52,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£286,000	£2,918	1
2013	£195,000	£2,955	1
2009	£198,000	£3,000	1
2002	£132,000		1
2001	£115,500		1
1997	£80,000	£980	2

All the Sales in the BANKSIDE CLOSE, CM3 5TT

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

Address	Sold Date	Price	% Change
26 BANKSIDE CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-1966	16 Aug 2022	£330,000	83.33%
	19 Jul 2012	£180,000	62.10%
	31 May 2001	£111,040	First Sale
12 BANKSIDE CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1983-1990	15 Oct 2021	£325,000	78.57%
	14 Jul 2004	£182,000	21.34%
	30 Aug 2002	£149,995	76.46%
	06 Aug 1999	£85,000	First Sale
10 BANKSIDE CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1976-1982	18 Mar 2019	£290,000	211.83%
	08 May 2000	£93,000	37.78%
	17 Apr 1997	£67,500	First Sale
6 BANKSIDE CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1983-1990	15 Oct 2018	£305,000	323.61%
	27 Mar 1997	£72,000	First Sale
27 BANKSIDE CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1976-1982	05 May 2017	£277,000	49.73%
	16 May 2011	£185,000	2.78%
	15 Oct 2004	£180,000	100.00%
	25 May 2000	£90,000	13.92%
	11 Nov 1999	£79,000	First Sale
3 BANKSIDE CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1983-1990	20 Apr 2017	£285,000	85.06%
	02 Jun 2003	£154,000	First Sale
4 BANKSIDE CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1976-1982	02 Mar 2017	£297,500	22.68%
	28 Jul 2015	£242,500	95.56%
	31 May 2002	£124,000	106.67%
	26 Mar 1997	£60,000	First Sale
8 BANKSIDE CLOSEDetached, FreeholdArea: 98 Sq.mtrAge: 1976-1982	27 Jul 2015	£286,000	First Sale
9 BANKSIDE CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1976-1982	15 Jul 2014	£222,000	45.10%
	15 Dec 2003	£153,000	First Sale
7 BANKSIDE CLOSEDetached, FreeholdArea: 66 Sq.mtrAge: 1976-1982	02 Sep 2013	£195,000	-1.52%
	14 Dec 2009	£198,000	209.38%
	27 Mar 1997	£64,000	First Sale
31 BANKSIDE CLOSETerraced, FreeholdArea: 65.12 Sq.mtr	05 Mar 2010	£222,500	5.95%
31 BANKSIDE CLOSETerraced, FreeholdArea: 65.12 Sq.mtr	22 Mar 2007	£210,000	First Sale
33 BANKSIDE CLOSESemi-Detached, Freehold	23 Nov 2007	£231,995	10.48%
	06 Jun 2005	£209,995	103.88%
	20 Dec 2000	£103,000	43.06%
	30 Mar 1999	£72,000	First Sale
13 BANKSIDE CLOSESemi-Detached, Freehold	08 Aug 2006	£196,000	24.84%
	25 Oct 2002	£157,000	129.20%
	23 May 1997	£68,500	First Sale
22 BANKSIDE CLOSETerraced, Freehold	08 Apr 2005	£149,950	First Sale
18 BANKSIDE CLOSETerraced, Freehold	28 Apr 2004	£151,500	First Sale
16 BANKSIDE CLOSETerraced, FreeholdArea: 67.5 Sq.mtrAge: 1976-1982	29 Nov 2002	£40,000	-29.82%
	04 Jul 1997	£57,000	First Sale
14 BANKSIDE CLOSEDetached, Freehold	12 Aug 2002	£132,000	First Sale
24 BANKSIDE CLOSEDetached, Freehold	13 Aug 2001	£115,500	First Sale
37 BANKSIDE CLOSESemi-Detached, Freehold	03 Mar 2000	£85,000	146.38%
37 BANKSIDE CLOSESemi-Detached, Freehold	10 Jul 1998	£34,500	First Sale
23 BANKSIDE CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	15 Dec 1997	£96,000	First Sale
17 BANKSIDE CLOSESemi-Detached, Freehold	11 Jul 1997	£54,750	First Sale
20 BANKSIDE CLOSETerraced, Freehold	21 Apr 1995	£52,000	First Sale

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

BANKSIDE CLOSE, CM3 5TT Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £195,328 median price is £187,000 Standard Deviation is £104,575 with Total Sold: 633
- The Last 5 Year average price is £352,803 with Total Sold: 101
- The most recent sale happened at this postcode is , 39 EAST BRIDGE ROAD: £415,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 12 GLENDALE: £50,000 (Sold on 04 Jan 1995)
Detached
- The average price is around £246,104 median price is £235,000 Standard Deviation is £123,689 with Total Sold: 343
- The Last 5 Year average price is £411,290 with Total Sold: 50
- The most recent sale happened at this postcode is , 94 HAMBERTS ROAD: £490,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 41 BRENT AVENUE: £82,000 (Sold on 09 Jun 1995)
Other
- The average price is around £1,131,490 median price is £552,000 Standard Deviation is £1,792,685 with Total Sold: 17
- The Last 5 Year average price is £678,630 with Total Sold: 6
- The most recent sale happened at this postcode is , Nov-19 DRAPERS ROAD: £1,300,000 (Sold on 12 Apr 2024)
- The first recorded sale happened at this postcode is , 27 CUTLERS ROAD: £85,000 (Sold on 08 Jul 2014)
Terraced
- The average price is around £194,229 median price is £194,000 Standard Deviation is £108,124 with Total Sold: 133
- The Last 5 Year average price is £332,604 with Total Sold: 24
- The most recent sale happened at this postcode is , 3 MILLARS CLOSE: £305,000 (Sold on 25 Jan 2023)
- The first recorded sale happened at this postcode is , 30 OVERMEAD DRIVE: £76,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £137,704 median price is £132,000 Standard Deviation is £68,525 with Total Sold: 11
- The Last 5 Year average price is £250,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 90 HAMBERTS ROAD: £250,000 (Sold on 19 Nov 2021)
- The first recorded sale happened at this postcode is , 14 HAWTHORN WALK: £40,000 (Sold on 31 Mar 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£380,000		6
2023	£366,447	£4,592	19
2022	£371,444	£4,437	18
2021	£358,226	£3,892	27
2020	£321,038	£3,950	13
2019	£325,500	£3,905	18
2018	£325,905	£4,178	21
2017	£308,622	£3,872	23
2016	£293,624	£3,300	16
2015	£270,499	£3,180	18
2014	£235,272	£2,928	22
2013	£206,700	£2,826	10
2012	£211,681	£2,709	11
2011	£221,455	£2,704	11
2010	£208,500	£2,631	14
2009	£196,100	£2,254	11
2008	£213,750	£2,508	16
2007	£208,729	£2,719	20
2006	£190,666	£2,339	30
2005	£193,845	£2,171	34
2004	£177,192	£2,232	26
2003	£159,416	£2,114	21
2002	£135,214	£1,668	30
2001	£110,490	£1,272	27
2000	£97,629	£1,241	29
1999	£78,575	£976	33
1998	£72,818	£909	22
1997	£68,025	£817	38
1996	£59,938	£828	31
1995	£58,208	£701	18

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£419,167		3
2023	£412,500	£4,938	5
2022	£455,700	£4,387	10
2021	£406,094	£4,329	16
2020	£410,786	£3,907	7
2019	£368,278	£3,520	9
2018	£385,423	£4,088	13
2017	£386,500	£3,512	13
2016	£352,324	£3,508	17
2015	£296,818	£3,012	11
2014	£282,607	£2,753	14
2013	£249,516	£2,670	8
2012	£244,585	£2,339	7
2011	£298,954	£2,722	11
2010	£259,556	£2,511	9
2009	£250,091	£2,315	11
2008	£247,750	£2,414	6
2007	£259,705	£2,419	17
2006	£220,286	£2,795	7
2005	£227,550	£2,346	10
2004	£219,083	£2,163	18
2003	£223,499	£1,871	8
2002	£158,333	£1,823	18
2001	£143,928	£1,364	21
2000	£140,000	£1,228	9
1999	£102,850	£971	20
1998	£117,917	£1,095	6
1997	£83,803	£909	18
1996	£80,919	£755	13
1995	£76,438	£864	8

House Type: Other

Year	Avg. Price	Sold
2024	£1,300,000	1
2023	£462,000	1
2022	£552,000	1
2021	£157,778	1
2019	£800,000	2
2018	£2,544,710	5
2017	£530,000	2
2016	£222,500	2
2015	£850,000	1
2014	£85,000	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£305,000	£2,933	1
2022	£391,667	£4,280	3
2021	£347,643	£4,111	7
2020	£312,062	£3,574	8
2019	£314,500	£3,503	5
2018	£309,000	£3,563	3
2017	£294,187	£3,904	8
2016	£285,500	£3,596	2
2015	£268,950	£3,209	10
2014	£198,917	£2,839	6
2013	£254,998	£2,052	3
2012	£241,250	£2,410	2
2011	£187,333	£2,532	3
2010	£245,000	£2,876	2
2009	£200,500	£2,069	2
2008	£217,498	£2,779	3
2007	£210,000	£3,225	1
2006	£186,571	£2,391	7
2005	£174,738	£2,106	4
2004	£174,375	£1,790	4
2003	£175,000	£1,733	1
2002	£106,143	£927	5
2001	£124,483	£1,327	3
2000	£92,875	£1,177	4
1999	£81,500	£955	5
1998	£69,239	£779	7
1997	£67,906	£914	8
1996	£59,827	£612	9
1995	£60,786	£630	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£250,000	£5,102	1
2016	£190,000	£3,276	1
2015	£258,000	£2,899	1
2013	£145,000	£2,500	1
2008	£144,750	£2,496	1
2007	£80,000		1
2004	£132,000	£2,694	1
2003	£94,995	£2,567	1
2001	£90,000	£1,388	2
1999	£40,000	£1,081	1

House Type in CM3 5TT area

The most common house types in the CM3 5TT postcode area are Semi-detached (76), Detached (45), and Terraced (10).

Total	131
Semi-detached	76
Detached	45
Terraced	10
Flat	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 with a mortgage or loan (62), and Owned: Owns outright (53).

Owned: Owns with a mortgage or loan	62
Owned: Owns outright	53
Private rented: Private landlord or letting agency	12
Social rented: Other social rented	1
Private rented: Other private 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 5TT have 2 people in household (56), and 3 people in household (24).

2 people in household	56
3 people in household	24
4 people in household	22
1 person in household	20
5 people in household	6
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0