Housing Market Analysis for MERTON PLACE, CM3 5YW

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

Overview of Sold House prices

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

Terraced
- The average price is around £139,273 median price is £137,500 Standard Deviation is £75,241 with Total Sold: 54
- The Last 5 Year average price is £252,167 with Total Sold: 6
- The most recent sale happened at this postcode is 33 MERTON PLACE: £285,000 (Sold on 12 Jan 2023)
- The first recorded sale happened at this postcode is 8 MERTON PLACE: £30,000 (Sold on 17 Feb 1995)
Semi-Detached
- The average price is around £136,424 median price is £108,500 Standard Deviation is £93,559 with Total Sold: 23
- The Last 5 Year average price is £326,333 with Total Sold: 3
- The most recent sale happened at this postcode is 29 MERTON PLACE: £310,000 (Sold on 09 Jan 2023)
- The first recorded sale happened at this postcode is 26 MERTON PLACE: £50,000 (Sold on 16 Oct 1995)
Detached
- The average price is around £248,276 median price is £245,000 Standard Deviation is £128,613 with Total Sold: 17
- The Last 5 Year average price is £447,250 with Total Sold: 3
- The most recent sale happened at this postcode is 4 MERTON PLACE: £430,000 (Sold on 17 Sep 2021)
- The first recorded sale happened at this postcode is 1 MERTON PLACE: £83,950 (Sold on 24 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 5YW 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
2023	£273,333	£5,315	3
2021	£258,000	£4,962	1
2019	£217,500	£4,666	2
2018	£265,500	£4,679	2
2017	£200,000	£3,226	1
2016	£241,665	£4,446	3
2015	£182,500	£3,510	1
2014	£161,800	£3,303	5
2013	£167,125	£2,901	4
2010	£125,000	£3,094	1
2008	£158,500	£3,432	2
2006	£161,500	£3,029	3
2005	£132,000	£2,317	2
2004	£121,875	£2,673	4
2003	£101,000	£2,511	1
2002	£113,000	£2,306	1
2001	£72,036	£1,512	7
2000	£51,000		1
1998	£47,800	£1,060	5
1997	£48,748	£973	2
1996	£29,000	£721	1
1995	£39,500	£1,000	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£310,000	£5,741	1
2021	£319,000	£4,253	1
2020	£350,000	£3,302	1
2015	£260,000	£2,453	1
2013	£155,000	£3,100	1
2008	£181,000	£2,742	1
2007	£180,750		2
2004	£125,000	£2,613	2
2003	£127,500	£2,379	3
2002	£101,250	£1,644	2
1999	£50,500	£943	2
1998	£44,250	£857	2
1997	£38,000	£905	1
1996	£44,372		2
1995	£50,000	£758	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£430,000	£4,175	1
2019	£455,875	£4,106	2
2016	£425,000	£3,295	1
2014	£300,000	£2,941	1
2012	£245,000	£2,311	1
2011	£290,000	£2,748	1
2007	£278,000		1
2006	£250,000	£2,358	1
2003	£222,500	£1,880	2
2002	£170,000	£1,453	1
1999	£105,000	£998	3
1996	£80,475	£761	2

All the Sales in the MERTON PLACE, CM3 5YW

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

Address	Sold Date	Price	% Change
33 MERTON PLACETerraced, FreeholdArea: 53.2 Sq.mtrAge: 1983-1990	12 Jan 2023	£285,000	77.02%
	04 Jul 2013	£161,000	11.03%
	03 Dec 2004	£145,000	7.81%
	26 Sep 2003	£134,500	First Sale
35 MERTON PLACETerraced, FreeholdArea: 49 Sq.mtrAge: 1983-1990	11 Jan 2023	£255,000	125.66%
	04 Oct 2002	£113,000	First Sale
29 MERTON PLACESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1996-2002	09 Jan 2023	£310,000	First Sale
32 MERTON PLACESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1983-1990	27 Oct 2021	£319,000	First Sale
4 MERTON PLACEDetached, FreeholdArea: 103 Sq.mtrAge: 1983-1990	17 Sep 2021	£430,000	First Sale
41 MERTON PLACETerraced, FreeholdArea: 52 Sq.mtrAge: 1991-1995	18 Jun 2021	£258,000	0.78%
	08 Jun 2018	£256,000	19.07%
	30 Sep 2016	£214,995	40.98%
	24 Feb 2006	£152,500	77.33%
	03 Aug 2001	£86,000	53.57%
	24 Jul 1998	£56,000	First Sale
17 MERTON PLACESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1983-1990	27 May 2020	£350,000	34.62%
	30 Jan 2015	£260,000	First Sale
43 MERTON PLACETerraced, FreeholdArea: 52 Sq.mtrAge: 1976-1982	16 Jul 2019	£260,000	6.12%
	27 Oct 2016	£245,000	34.25%
	26 Jan 2015	£182,500	2.53%
	03 Apr 2008	£178,000	30.88%
	19 Jul 2004	£136,000	First Sale
6 MERTON PLACEDetached, FreeholdArea: 117 Sq.mtrAge: 1983-1990	12 Jul 2019	£460,000	109.09%
	28 Nov 2003	£220,000	29.41%
	05 Jun 2002	£170,000	First Sale
11 MERTON PLACETerraced, FreeholdArea: 40.4 Sq.mtrAge: 1983-1990	28 Jun 2019	£175,000	40.00%
	16 Jan 2014	£125,000	0.0
	20 Apr 2010	£125,000	-10.07%
	28 Mar 2008	£139,000	117.19%
	19 Oct 2001	£64,000	70.67%
	09 Jul 1997	£37,500	First Sale
1 MERTON PLACEDetached, FreeholdArea: 105.54 Sq.mtrAge: 1983-1990	31 May 2019	£451,750	55.78%
	07 Oct 2011	£290,000	245.44%
	24 May 1996	£83,950	First Sale
27 MERTON PLACETerraced, FreeholdArea: 62 Sq.mtrAge: 1983-1990	13 Jul 2018	£275,000	37.50%
	17 Nov 2017	£200,000	First Sale
25 MERTON PLACETerraced, FreeholdArea: 59 Sq.mtrAge: 1983-1990	14 Dec 2016	£265,000	20.45%
	02 Oct 2014	£220,000	22.22%
	31 Oct 2006	£180,000	200.03%
	28 Nov 1997	£59,995	First Sale
7 MERTON PLACEDetached, FreeholdArea: 129 Sq.mtrAge: 1983-1990	23 Sep 2016	£425,000	First Sale
8 MERTON PLACETerraced, Freehold	11 Dec 2014	£135,000	14.41%
	25 Jan 2005	£118,000	12.38%
	29 Sep 2004	£105,000	105.88%
	20 Apr 2000	£51,000	15.91%
	05 Nov 1998	£44,000	46.67%
	17 Feb 1995	£30,000	First Sale
2 MERTON PLACEDetached, FreeholdArea: 102 Sq.mtrAge: 1976-1982	26 Jun 2014	£300,000	185.71%
	26 Mar 1999	£105,000	First Sale
31 MERTON PLACETerraced, FreeholdArea: 52 Sq.mtrAge: 1976-1982	07 Mar 2014	£164,000	-41.43%
	20 Dec 2023	£280,000	First Sale
20 MERTON PLACETerraced, FreeholdArea: 51 Sq.mtrAge: 1983-1990	22 Jan 2014	£165,000	189.47%
	18 Nov 1998	£57,000	First Sale
26 MERTON PLACETerraced, FreeholdArea: 66 Sq.mtrAge: 1991-1995	03 Sep 2013	£174,000	-3.87%
	30 Jun 2008	£181,000	66.82%
	22 Apr 2002	£108,500	80.83%
	03 Sep 1999	£60,000	20.00%
	16 Oct 1995	£50,000	First Sale
28 MERTON PLACETerraced, FreeholdArea: 62 Sq.mtrAge: 1996-2002	14 Aug 2013	£172,000	First Sale
18 MERTON PLACETerraced, FreeholdArea: 51 Sq.mtrAge: 1983-1990	10 Jun 2013	£161,500	14.54%
	19 Aug 2004	£141,000	83.71%
	23 Aug 2001	£76,750	First Sale
23 MERTON PLACESemi-Detached, FreeholdArea: 50 Sq.mtrAge: 1983-1990	17 Jan 2013	£155,000	First Sale
22 MERTON PLACEDetached, FreeholdArea: 106 Sq.mtrAge: 1976-1982	30 Nov 2012	£245,000	-2.00%
	27 Oct 2006	£250,000	143.90%
	29 Jan 1999	£102,500	33.12%
	06 Sep 1996	£77,000	First Sale
30 MERTON PLACESemi-Detached, Freehold	27 Sep 2007	£180,000	91.49%
	12 Apr 2002	£94,000	119.91%
	02 Dec 1996	£42,745	-7.08%
	25 Oct 1996	£46,000	First Sale
24 MERTON PLACESemi-Detached, Freehold	04 Jul 2007	£181,500	28.72%
	28 Nov 2003	£141,000	168.57%
	18 Dec 1998	£52,500	First Sale
3 MERTON PLACEDetached, Freehold	05 Apr 2007	£278,000	23.56%
3 MERTON PLACEDetached, Freehold	25 Feb 2003	£225,000	First Sale
39 MERTON PLACETerraced, FreeholdArea: 49 Sq.mtrAge: 1983-1990	06 Dec 2006	£152,000	First Sale
16 MERTON PLACETerraced, FreeholdArea: 63 Sq.mtrAge: 1996-2002	08 Jun 2005	£146,000	88.39%
	11 May 2001	£77,500	First Sale
9 MERTON PLACETerraced, FreeholdArea: 40 Sq.mtrAge: 1983-1990	17 Aug 2004	£105,500	137.08%
	03 Jul 1998	£44,500	First Sale
13 MERTON PLACESemi-Detached, FreeholdArea: 42 Sq.mtrAge: 1976-1982	23 Mar 2004	£105,000	156.10%
	29 Jan 1999	£41,000	13.89%
	30 Jan 1998	£36,000	-5.26%
	13 Feb 1997	£38,000	First Sale
14 MERTON PLACESemi-Detached, FreeholdArea: 48 Sq.mtrAge: 1991-1995	06 Nov 2003	£107,000	First Sale
12 MERTON PLACETerraced, FreeholdArea: 40.22 Sq.mtrAge: 1983-1990	01 Aug 2003	£101,000	56.59%
	02 Nov 2001	£64,500	72.00%
	27 Feb 1998	£37,500	29.31%
	10 May 1996	£29,000	First Sale
15 MERTON PLACETerraced, FreeholdArea: 40.68 Sq.mtrAge: 1983-1990	12 Oct 2001	£57,500	First Sale
37 MERTON PLACETerraced, FreeholdArea: 49 Sq.mtrAge: 1983-1990	15 Jun 2001	£78,000	59.18%
	28 Feb 1995	£49,000	First Sale
21 MERTON PLACEDetached, Freehold	16 Jul 1999	£107,500	First Sale

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

MERTON PLACE, CM3 5YW Near By properties

Interactive Map

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

Flat
- The average price is around £103,903 median price is £103,000 Standard Deviation is £56,391 with Total Sold: 1,410
- The Last 5 Year average price is £174,600 with Total Sold: 168
- 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)
Semi-Detached
- The average price is around £162,869 median price is £151,750 Standard Deviation is £92,470 with Total Sold: 530
- The Last 5 Year average price is £305,577 with Total Sold: 71
- The most recent sale happened at this postcode is , 63 COLLINGWOOD ROAD: £277,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 11 REYNOLDS GATE: £67,000 (Sold on 10 Feb 1995)
Detached
- The average price is around £245,149 median price is £225,500 Standard Deviation is £139,996 with Total Sold: 894
- The Last 5 Year average price is £450,274 with Total Sold: 114
- 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 , 24 INCHBONNIE ROAD: £71,000 (Sold on 10 Mar 1995)
Terraced
- The average price is around £142,536 median price is £141,000 Standard Deviation is £74,795 with Total Sold: 819
- The Last 5 Year average price is £249,603 with Total Sold: 112
- The most recent sale happened at this postcode is , 94 COLLINGWOOD ROAD: £234,500 (Sold on 13 May 2024)
- The first recorded sale happened at this postcode is , 95 COLLINGWOOD ROAD: £52,250 (Sold on 27 Jan 1995)
Other
- The average price is around £581,583 median price is £300,000 Standard Deviation is £705,650 with Total Sold: 9
- The Last 5 Year average price is £260,625 with Total Sold: 4
- 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	£164,962	£3,223	13
2023	£177,130	£3,665	27
2022	£180,132	£3,947	38
2021	£187,158	£3,770	41
2020	£160,031	£3,567	24
2019	£161,860	£3,547	25
2018	£162,095	£3,570	42
2017	£165,051	£3,428	47
2016	£149,390	£3,211	44
2015	£133,130	£2,861	48
2014	£125,007	£2,671	36
2013	£107,695	£2,332	32
2012	£118,571	£2,548	21
2011	£102,326	£2,256	23
2010	£129,830	£2,618	27
2009	£122,581	£2,469	22
2008	£132,401	£2,850	35
2007	£137,100	£2,845	85
2006	£123,502	£2,591	78
2005	£124,501	£2,705	70
2004	£101,652	£2,379	59
2003	£90,607	£2,133	67
2002	£75,706	£1,678	67
2001	£56,872	£1,288	66
2000	£47,844	£1,118	95
1999	£44,394	£964	83
1998	£35,436	£850	57
1997	£42,859	£788	52
1996	£31,085	£703	41
1995	£30,384	£697	45

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,333		3
2023	£311,111	£4,630	9
2022	£352,917	£5,180	12
2021	£294,788	£4,756	26
2020	£269,778	£4,628	9
2019	£307,875	£4,127	12
2018	£311,688	£3,975	8
2017	£248,181	£4,450	11
2016	£274,700	£3,520	10
2015	£254,227	£3,323	11
2014	£228,153	£3,357	13
2013	£204,154	£2,927	13
2012	£213,199	£2,818	9
2011	£176,929	£2,914	7
2010	£223,000	£2,609	6
2009	£176,324	£2,757	10
2008	£196,576	£2,817	13
2007	£205,134	£3,022	26
2006	£182,973	£2,725	19
2005	£161,780	£2,620	25
2004	£166,348	£2,586	37
2003	£143,192	£2,380	30
2002	£120,531	£1,933	31
2001	£98,560	£1,641	24
2000	£79,977	£1,328	29
1999	£72,528	£1,156	33
1998	£65,368	£1,005	23
1997	£54,200	£952	24
1996	£55,295	£903	23
1995	£51,156	£864	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£466,722	£4,132	9
2023	£484,967	£4,529	15
2022	£496,844	£4,567	16
2021	£453,479	£4,118	24
2020	£424,350	£3,685	20
2019	£417,875	£3,667	30
2018	£403,228	£3,750	24
2017	£402,200	£3,843	25
2016	£409,161	£3,434	31
2015	£359,847	£3,142	36
2014	£308,971	£2,743	26
2013	£256,992	£2,669	24
2012	£266,868	£2,672	19
2011	£273,000	£2,448	14
2010	£285,523	£2,470	22
2009	£286,966	£2,462	15
2008	£296,384	£2,193	13
2007	£282,545	£2,572	38
2006	£253,524	£2,420	37
2005	£243,738	£2,102	21
2004	£254,000	£2,257	25
2003	£206,577	£1,988	33
2002	£169,244	£1,889	53
2001	£158,944	£1,456	55
2000	£130,801	£1,406	44
1999	£116,670	£1,091	67
1998	£102,083	£1,060	27
1997	£99,584	£914	51
1996	£95,272	£879	50
1995	£88,097	£874	30

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£217,375	£3,776	4
2023	£261,087	£4,599	23
2022	£280,075	£4,722	20
2021	£245,654	£4,483	26
2020	£241,450	£4,123	20
2019	£224,395	£4,428	19
2018	£223,750	£4,443	24
2017	£239,666	£3,867	24
2016	£209,005	£4,097	31
2015	£181,887	£3,356	35
2014	£177,155	£3,017	48
2013	£166,613	£2,711	22
2012	£143,095	£2,880	21
2011	£155,409	£2,905	11
2010	£166,214	£2,756	14
2009	£141,429	£2,675	14
2008	£151,843	£3,288	16
2007	£164,999	£2,936	23
2006	£153,007	£2,796	32
2005	£146,146	£2,683	29
2004	£141,975	£2,551	41
2003	£121,810	£2,321	29
2002	£100,011	£1,893	42
2001	£77,869	£1,412	44
2000	£69,724	£1,290	39
1999	£59,276	£1,128	36
1998	£53,343	£980	34
1997	£51,618	£907	45
1996	£43,800	£828	31
1995	£42,613	£832	22

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£210,000	£2,188	1
2020	£277,500		3
2018	£1,470,000		2
2017	£171,750		1
2016	£300,000		1
1998	£780,000		1

House Type in CM3 5YW area

The most common house types in the CM3 5YW postcode area are Terraced (63), Semi-detached (31), and Flat (21).

Total	134
Terraced	63
Semi-detached	31
Flat	21
Detached	16
commercial building	2
converted building	1
Shared house	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (50), and Owned: Owns with a mortgage or loan (47).

Private rented: Private landlord or letting agency	50
Owned: Owns with a mortgage or loan	47
Owned: Owns outright	19
Private rented: Other private rented	8
Social rented: Other social rented	5
Social rented: Rents from council or Local Authority	3
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the CM3 5YW have 1 person in household (50), and 2 people in household (41).

1 person in household	50
2 people in household	41
4 people in household	20
3 people in household	14
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0