Housing Market Analysis for COLNE CLOSE, CM3 5XW

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

Overview of Sold House prices

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

Terraced
- The average price is around £226,643 median price is £200,000 Standard Deviation is £97,585 with Total Sold: 7
- The Last 5 Year average price is £322,000 with Total Sold: 3
- The most recent sale happened at this postcode is 7 COLNE CLOSE: £382,500 (Sold on 11 Apr 2022)
- The first recorded sale happened at this postcode is 15 COLNE CLOSE: £58,000 (Sold on 20 Dec 1996)
Semi-Detached
- The average price is around £176,481 median price is £194,998 Standard Deviation is £81,183 with Total Sold: 14
- The Last 5 Year average price is £318,500 with Total Sold: 2
- The most recent sale happened at this postcode is 21 COLNE CLOSE: £325,000 (Sold on 16 Mar 2022)
- The first recorded sale happened at this postcode is 4 COLNE CLOSE: £72,500 (Sold on 18 Aug 1995)
Detached
- The average price is around £157,936 median price is £111,372 Standard Deviation is £118,068 with Total Sold: 4
- The Last 5 Year average price is £353,000 with Total Sold: 1
- The most recent sale happened at this postcode is 10 COLNE CLOSE: £353,000 (Sold on 08 Dec 2020)
- The first recorded sale happened at this postcode is 1 COLNE CLOSE: £56,000 (Sold on 29 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 5XW 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£382,500	£5,822	1
2019	£291,750	£4,172	2
2014	£200,000	£2,667	1
2007	£197,500		1
2004	£165,000	£2,511	1
1996	£58,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£325,000	£5,000	1
2021	£312,000	£4,657	1
2015	£243,000	£3,682	1
2014	£217,000	£2,818	1
2013	£199,998	£3,054	2
2007	£200,000	£2,843	2
2002	£136,995	£1,779	1
2001	£105,750	£1,169	2
2000	£93,000		1
1996	£59,750		1
1995	£72,500	£797	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£353,000	£3,966	1
2002	£149,995	£2,308	1
1997	£72,750		1
1996	£56,000	£862	1

All the Sales in the COLNE CLOSE, CM3 5XW

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

Address	Sold Date	Price	% Change
7 COLNE CLOSETerraced, FreeholdArea: 65.7 Sq.mtrAge: 1983-1990	11 Apr 2022	£382,500	28.14%
	14 May 2019	£298,500	80.91%
	19 May 2004	£165,000	First Sale
21 COLNE CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1976-1982	16 Mar 2022	£325,000	First Sale
3 COLNE CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1976-1982	22 Sep 2021	£312,000	First Sale
10 COLNE CLOSEDetached, FreeholdArea: 89 Sq.mtrAge: 1976-1982	08 Dec 2020	£353,000	First Sale
11 COLNE CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1983-1990	31 Oct 2019	£285,000	42.50%
	03 Feb 2014	£200,000	First Sale
13 COLNE CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1991-1995	18 Feb 2015	£243,000	24.62%
	16 May 2013	£194,995	First Sale
19 COLNE CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1983-1990	25 Apr 2014	£217,000	11.28%
	19 Jan 2007	£195,000	42.34%
	12 Jul 2002	£136,995	52.22%
	18 May 2001	£90,000	First Sale
17 COLNE CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1976-1982	05 Apr 2013	£205,000	0.0
	18 Oct 2007	£205,000	First Sale
15 COLNE CLOSETerraced, Freehold	16 Feb 2007	£197,500	240.52%
15 COLNE CLOSETerraced, Freehold	20 Dec 1996	£58,000	First Sale
1 COLNE CLOSEDetached, FreeholdArea: 65 Sq.mtrAge: 1983-1990	01 Aug 2002	£149,995	167.85%
	29 Feb 1996	£56,000	First Sale
27 COLNE CLOSESemi-Detached, Freehold	31 Aug 2001	£121,500	30.65%
	23 Jun 2000	£93,000	55.65%
	20 Sep 1996	£59,750	First Sale
12 COLNE CLOSEDetached, Freehold	08 Aug 1997	£72,750	First Sale
4 COLNE CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1976-1982	18 Aug 1995	£72,500	First Sale

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

COLNE CLOSE, CM3 5XW Near By properties

Interactive Map

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

Flat
- The average price is around £106,013 median price is £105,000 Standard Deviation is £56,130 with Total Sold: 1,569
- The Last 5 Year average price is £176,468 with Total Sold: 193
- 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 , 27 TALLOW GATE: £34,500 (Sold on 06 Jan 1995)
Detached
- The average price is around £241,101 median price is £233,000 Standard Deviation is £128,059 with Total Sold: 1,179
- The Last 5 Year average price is £420,477 with Total Sold: 158
- 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 , 8 RODING LEIGH: £69,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £185,281 median price is £175,000 Standard Deviation is £103,298 with Total Sold: 1,250
- The Last 5 Year average price is £348,169 with Total Sold: 164
- 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)
Terraced
- The average price is around £152,903 median price is £149,950 Standard Deviation is £82,244 with Total Sold: 1,043
- The Last 5 Year average price is £266,399 with Total Sold: 151
- The most recent sale happened at this postcode is , 3 HELENA COURT: £300,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 30 OVERMEAD DRIVE: £76,000 (Sold on 06 Jan 1995)
Other
- The average price is around £479,338 median price is £245,000 Standard Deviation is £638,245 with Total Sold: 12
- The Last 5 Year average price is £253,750 with Total Sold: 6
- The most recent sale happened at this postcode is , 47 INCHBONNIE ROAD: £210,000 (Sold on 23 Mar 2022)
- The first recorded sale happened at this postcode is , POLICE STATION TYLERS RIDE: £780,000 (Sold on 19 Feb 1998)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,321	£3,197	14
2023	£184,685	£3,656	31
2022	£182,032	£3,931	47
2021	£185,168	£3,708	46
2020	£162,337	£3,541	26
2019	£162,914	£3,610	29
2018	£163,183	£3,564	45
2017	£167,794	£3,395	54
2016	£148,948	£3,246	45
2015	£136,263	£2,877	54
2014	£128,956	£2,673	46
2013	£109,804	£2,311	37
2012	£115,146	£2,404	24
2011	£110,156	£2,264	32
2010	£136,830	£2,670	33
2009	£124,220	£2,477	24
2008	£133,565	£2,756	47
2007	£135,946	£2,802	92
2006	£121,713	£2,582	83
2005	£123,488	£2,638	79
2004	£102,210	£2,372	64
2003	£92,276	£2,133	74
2002	£75,684	£1,661	75
2001	£57,625	£1,278	76
2000	£48,113	£1,117	99
1999	£44,252	£958	86
1998	£36,295	£843	58
1997	£41,523	£778	60
1996	£32,182	£707	44
1995	£30,707	£700	45

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£420,900		15
2023	£461,825	£4,370	20
2022	£438,000	£4,653	33
2021	£406,605	£4,465	37
2020	£384,954	£4,119	22
2019	£416,710	£3,736	31
2018	£398,934	£3,810	35
2017	£373,474	£3,818	38
2016	£360,910	£3,622	42
2015	£323,319	£3,324	47
2014	£293,105	£2,831	42
2013	£250,281	£2,651	24
2012	£258,897	£2,784	39
2011	£295,500	£2,628	28
2010	£267,160	£2,668	28
2009	£259,937	£2,642	24
2008	£303,966	£2,484	15
2007	£265,727	£2,557	45
2006	£248,323	£2,510	60
2005	£241,537	£2,188	27
2004	£233,650	£2,255	40
2003	£212,399	£2,183	60
2002	£161,556	£1,826	70
2001	£139,425	£1,499	61
2000	£124,508	£1,406	50
1999	£102,414	£1,161	60
1998	£101,227	£1,142	33
1997	£94,531	£900	71
1996	£85,203	£891	46
1995	£75,649	£843	36

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£408,700	£3,839	10
2023	£380,506	£4,505	29
2022	£366,859	£4,978	32
2021	£332,342	£4,170	50
2020	£312,263	£4,126	19
2019	£320,354	£4,147	24
2018	£349,896	£3,678	24
2017	£305,132	£3,958	34
2016	£286,471	£3,560	21
2015	£263,128	£3,260	31
2014	£234,887	£3,043	40
2013	£217,485	£2,638	35
2012	£215,151	£2,790	25
2011	£219,935	£2,655	23
2010	£214,462	£2,524	26
2009	£185,998	£2,552	27
2008	£211,697	£2,709	24
2007	£223,225	£2,864	53
2006	£203,364	£2,367	53
2005	£191,353	£2,498	63
2004	£179,491	£2,314	72
2003	£159,109	£2,164	62
2002	£130,437	£1,770	57
2001	£117,407	£1,530	65
2000	£94,959	£1,350	74
1999	£77,722	£1,064	61
1998	£77,580	£1,029	45
1997	£67,655	£863	61
1996	£60,373	£751	55
1995	£58,326	£810	55

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£233,571	£3,776	7
2023	£268,375	£4,505	20
2022	£291,482	£4,766	28
2021	£272,249	£4,368	39
2020	£264,338	£4,041	34
2019	£237,261	£4,547	23
2018	£236,468	£4,301	31
2017	£243,468	£3,901	32
2016	£223,724	£3,896	33
2015	£200,621	£3,302	50
2014	£189,740	£2,986	52
2013	£172,033	£2,724	30
2012	£163,447	£2,773	32
2011	£166,250	£2,708	18
2010	£169,528	£2,757	18
2009	£153,386	£2,644	22
2008	£155,499	£3,160	19
2007	£169,314	£2,917	35
2006	£157,306	£2,647	44
2005	£151,431	£2,667	29
2004	£149,963	£2,369	42
2003	£129,157	£2,175	38
2002	£106,058	£1,796	53
2001	£87,939	£1,332	57
2000	£74,248	£1,274	45
1999	£61,714	£1,075	51
1998	£58,741	£949	44
1997	£54,878	£889	54
1996	£47,492	£797	37
1995	£46,631	£762	26

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£210,000	£2,188	1
2021	£280,000		1
2020	£277,500		3
2019	£200,000		1
2018	£1,470,000		2
2017	£104,775	£700	2
2016	£300,000		1
1998	£780,000		1

House Type in CM3 5XW area

The most common house types in the CM3 5XW postcode area are Detached (53), Semi-detached (46), and Terraced (24).

Total	123
Detached	53
Semi-detached	46
Terraced	24
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 (53), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan	53
Owned: Owns outright	48
Private rented: Private landlord or letting agency	15
Private rented: Other private rented	3
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Lives rent free	1
Does not apply	0
Social rented: Rents from council or Local Authority	0

Number of People in a Household

The most houses in the CM3 5XW have 2 people in household (43), and 1 person in household (26).

2 people in household	43
1 person in household	26
3 people in household	24
4 people in household	19
5 people in household	8
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0