Housing Market Analysis for PENSHURST DRIVE, CM3 7AY

Are you looking to understand CM3 7AY 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 7AY area, explore the CM3 7AY Area information page.
For comprehensive crime statistics in the CM3 7AY area, explore the CM3 7AY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM3 7AY postcode area, The average prices are as follows,

Detached
- The average price is around £226,889 median price is £207,500 Standard Deviation is £138,158 with Total Sold: 26
- The Last 5 Year average price is £519,500 with Total Sold: 2
- The most recent sale happened at this postcode is 1 PENSHURST DRIVE: £600,000 (Sold on 18 Oct 2022)
- The first recorded sale happened at this postcode is 9 PENSHURST DRIVE: £95,000 (Sold on 30 Nov 1995)
Semi-Detached
- The average price is around £188,914 median price is £190,000 Standard Deviation is £73,851 with Total Sold: 10
- The Last 5 Year average price is £337,000 with Total Sold: 1
- The most recent sale happened at this postcode is 8 PENSHURST DRIVE: £337,000 (Sold on 22 Jan 2021)
- The first recorded sale happened at this postcode is 15 PENSHURST DRIVE: £72,500 (Sold on 04 Dec 1995)
Terraced
- The average price is around £129,184 median price is £89,500 Standard Deviation is £74,382 with Total Sold: 16
- The most recent sale happened at this postcode is 21 PENSHURST DRIVE: £290,000 (Sold on 25 Aug 2017)
- The first recorded sale happened at this postcode is 16 PENSHURST DRIVE: £53,500 (Sold on 15 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 7AY 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£600,000	£6,186	1
2021	£439,000	£4,262	1
2017	£460,000	£4,742	1
2016	£430,000	£4,777	1
2012	£268,000	£2,204	1
2011	£268,000	£2,977	1
2009	£245,000	£2,015	1
2008	£240,000	£2,718	2
2007	£333,000		1
2006	£325,000	£3,351	1
2005	£248,000	£2,408	1
2003	£186,000	£2,428	4
2002	£141,998	£2,143	2
2001	£198,000		1
1998	£105,375	£1,171	1
1997	£45,500	£1,083	1
1996	£82,814	£964	4
1995	£95,000	£781	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£337,000	£4,956	1
2018	£215,000	£5,119	1
2016	£181,995	£4,333	1
2014	£240,000	£3,692	1
2007	£234,995	£3,615	1
2005	£195,000	£3,000	1
2004	£185,000	£2,846	1
2003	£147,500		1
1996	£80,150	£1,233	1
1995	£72,500	£1,051	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£290,000	£3,118	1
2015	£238,500	£3,798	2
2012	£185,000		1
2007	£195,000		1
2005	£122,500	£2,719	2
2002	£111,950	£1,964	1
2000	£89,000		1
1999	£73,000	£1,246	3
1998	£68,000		1
1997	£71,000	£763	1
1995	£58,000		2

All the Sales in the PENSHURST DRIVE, CM3 7AY

See the table below for more details on the sold house prices in the CM3 7AY, Chelmsford postcode.

Address	Sold Date	Price	% Change
1 PENSHURST DRIVEDetached, FreeholdArea: 97 Sq.mtrAge: 1991-1995	18 Oct 2022	£600,000	30.43%
	17 Nov 2017	£460,000	41.54%
	21 Dec 2006	£325,000	30.00%
	09 Jun 2003	£250,000	First Sale
2 PENSHURST DRIVEDetached, FreeholdArea: 103 Sq.mtrAge: 1991-1995	25 Jan 2021	£439,000	56.79%
	20 Aug 2008	£280,000	12.90%
	20 May 2005	£248,000	15.35%
	09 Jun 2003	£215,000	153.53%
	24 May 1996	£84,804	First Sale
8 PENSHURST DRIVESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1991-1995	22 Jan 2021	£337,000	First Sale
13 PENSHURST DRIVESemi-Detached, FreeholdArea: 42 Sq.mtrAge: 1983-1990	23 Aug 2018	£215,000	18.14%
	05 Sep 2016	£181,995	65.45%
	23 May 2003	£110,000	23.60%
	22 Jul 2002	£88,995	95.59%
	27 Jun 1997	£45,500	First Sale
21 PENSHURST DRIVETerraced, FreeholdArea: 93 Sq.mtrAge: 1976-1982	25 Aug 2017	£290,000	308.45%
	20 May 1997	£71,000	First Sale
7 PENSHURST DRIVEDetached, FreeholdArea: 90.02 Sq.mtrAge: 1996-2002	02 Dec 2016	£430,000	60.45%
	16 Dec 2011	£268,000	37.44%
	30 Sep 2002	£195,000	85.05%
	02 Dec 1998	£105,375	First Sale
17 PENSHURST DRIVETerraced, FreeholdArea: 57 Sq.mtrAge: 1991-1995	24 Nov 2015	£224,000	44.52%
	13 Jun 2005	£155,000	38.45%
	28 Mar 2002	£111,950	57.68%
	29 Jul 1999	£71,000	First Sale
15 PENSHURST DRIVETerraced, FreeholdArea: 69 Sq.mtrAge: 1983-1990	24 Nov 2015	£253,000	248.97%
	04 Dec 1995	£72,500	First Sale
10 PENSHURST DRIVESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1991-1995	07 Mar 2014	£240,000	2.13%
	03 Sep 2007	£234,995	20.51%
	29 Jul 2005	£195,000	5.41%
	30 Jan 2004	£185,000	130.82%
	30 Apr 1996	£80,150	First Sale
16 PENSHURST DRIVETerraced, Freehold	21 Sep 2012	£185,000	-5.13%
	10 May 2007	£195,000	116.67%
	16 Feb 2005	£90,000	32.35%
	31 Jul 1998	£68,000	27.10%
	15 Sep 1995	£53,500	First Sale
9 PENSHURST DRIVEDetached, FreeholdArea: 121.6 Sq.mtrAge: 1983-1990	20 Feb 2012	£268,000	9.39%
	29 May 2009	£245,000	157.89%
	30 Nov 1995	£95,000	First Sale
11 PENSHURST DRIVEDetached, Freehold	20 Aug 2008	£200,000	273.83%
11 PENSHURST DRIVEDetached, Freehold	29 Feb 1996	£53,500	First Sale
3 PENSHURST DRIVEDetached, Freehold	09 Nov 2007	£333,000	68.18%
3 PENSHURST DRIVEDetached, Freehold	22 Jun 2001	£198,000	First Sale
14 PENSHURST DRIVESemi-Detached, Freehold	25 Nov 2003	£147,500	99.32%
	15 Oct 1999	£74,000	18.40%
	27 Oct 1995	£62,500	First Sale
12 PENSHURST DRIVEDetached, Freehold	07 Oct 2003	£169,000	First Sale
19 PENSHURST DRIVETerraced, Freehold	25 Aug 2000	£89,000	20.27%
19 PENSHURST DRIVETerraced, Freehold	30 Apr 1999	£74,000	First Sale
4 PENSHURST DRIVEDetached, Freehold	30 Sep 1996	£99,000	First Sale
6 PENSHURST DRIVEDetached, FreeholdArea: 85 Sq.mtrAge: 1991-1995	28 Jun 1996	£93,950	First Sale

Check out the sold house prices near the CM3 7AY postcode. Properties currently for saleProperties currently for rent

PENSHURST DRIVE, CM3 7AY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM3 7AY 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 7AY postcode.

Terraced
- The average price is around £162,478 median price is £150,000 Standard Deviation is £101,687 with Total Sold: 528
- The Last 5 Year average price is £294,836 with Total Sold: 72
- 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)
Semi-Detached
- The average price is around £193,792 median price is £185,125 Standard Deviation is £106,577 with Total Sold: 182
- The Last 5 Year average price is £359,244 with Total Sold: 25
- The most recent sale happened at this postcode is , 1 KNOLE CLOSE: £387,500 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 96 GANDALFS RIDE: £36,000 (Sold on 28 Feb 1995)
Detached
- The average price is around £303,518 median price is £275,000 Standard Deviation is £161,313 with Total Sold: 617
- The Last 5 Year average price is £512,059 with Total Sold: 76
- The most recent sale happened at this postcode is , 7 HALYARD REACH: £615,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 12 HADDON MEAD: £170,000 (Sold on 31 Mar 1995)
Flat
- The average price is around £112,144 median price is £118,000 Standard Deviation is £58,704 with Total Sold: 148
- The Last 5 Year average price is £190,456 with Total Sold: 23
- The most recent sale happened at this postcode is , 58 GANDALFS RIDE: £218,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 24 DAWBERRY PLACE: £38,000 (Sold on 28 Apr 1995)
Other
- The average price is around £6,893 median price is £7,180 Standard Deviation is £3,069 with Total Sold: 3
- The most recent sale happened at this postcode is , 6 BRACE WALK: £10,500 (Sold on 12 Oct 2018)
- The first recorded sale happened at this postcode is , 7 MARSH FARM ROAD: £7,180 (Sold on 12 Oct 2018)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,000	£4,278	2
2023	£303,000	£5,343	13
2022	£297,050	£5,532	5
2021	£331,111	£4,381	18
2020	£262,732	£4,529	17
2019	£277,501	£4,439	17
2018	£290,867	£4,686	15
2017	£276,500	£4,466	14
2016	£251,666	£4,088	12
2015	£228,932	£3,627	23
2014	£177,999	£3,434	21
2013	£177,933	£3,383	15
2012	£219,071	£3,212	7
2011	£177,582	£3,608	6
2010	£209,427	£3,243	7
2009	£168,125	£2,713	12
2008	£172,083	£3,170	6
2007	£193,560	£2,933	25
2006	£169,166	£2,801	21
2005	£166,605	£2,543	19
2004	£166,400	£2,708	25
2003	£132,541	£2,384	17
2002	£146,292	£2,021	33
2001	£93,260	£1,595	23
2000	£73,549	£1,396	29
1999	£65,925	£1,211	27
1998	£62,172	£1,095	32
1997	£57,513	£937	34
1996	£50,579	£923	19
1995	£54,068	£845	14

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£368,750		2
2023	£352,000	£6,069	1
2022	£422,532	£5,560	3
2021	£342,583	£4,634	6
2020	£334,100	£4,296	5
2019	£362,250	£4,033	8
2018	£295,000	£5,245	4
2017	£295,000	£4,153	3
2016	£295,499	£3,939	4
2015	£259,099	£3,316	5
2014	£244,998	£3,389	2
2013	£195,000	£3,250	1
2012	£273,500	£2,405	3
2011	£234,500	£2,768	5
2010	£221,874	£2,881	4
2009	£216,000	£2,415	5
2008	£246,665	£2,213	3
2007	£224,459	£2,903	10
2006	£194,000	£2,920	14
2005	£199,799	£2,712	5
2004	£163,400	£3,058	10
2003	£190,596	£2,074	12
2002	£175,384	£1,653	9
2001	£128,123	£1,593	8
2000	£117,249	£1,389	6
1999	£90,299	£1,158	9
1998	£77,750	£1,182	10
1997	£63,700	£878	5
1996	£60,911	£997	11
1995	£66,083	£941	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£721,875	£4,150	4
2023	£553,375	£4,533	8
2022	£631,500	£4,487	10
2021	£446,200	£4,401	20
2020	£480,735	£3,824	17
2019	£481,794	£3,485	17
2018	£505,806	£3,775	18
2017	£523,678	£3,579	14
2016	£452,222	£3,482	18
2015	£365,921	£2,976	19
2014	£344,545	£2,917	11
2013	£356,921	£2,827	19
2012	£358,432	£2,503	22
2011	£344,863	£2,637	11
2010	£315,840	£3,314	16
2009	£329,523	£2,310	11
2008	£312,192	£2,346	13
2007	£346,415	£2,454	27
2006	£339,683	£2,483	30
2005	£296,111	£2,144	18
2004	£290,590	£2,360	22
2003	£299,751	£2,173	50
2002	£236,267	£1,760	43
2001	£210,065	£1,480	23
2000	£162,698	£1,266	24
1999	£147,125	£1,179	28
1998	£144,466	£1,196	19
1997	£112,854	£993	28
1996	£106,537	£821	37
1995	£136,102	£866	20

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,667	£4,590	3
2023	£186,856	£3,701	7
2022	£196,000	£3,685	3
2021	£180,600	£3,725	5
2020	£194,000	£3,804	2
2019	£209,167	£5,172	3
2018	£207,000	£3,764	1
2017	£154,398	£3,385	5
2016	£174,248	£3,269	2
2015	£165,500	£2,971	3
2014	£141,400	£2,924	10
2013	£151,000	£2,541	1
2012	£115,750	£2,052	2
2011	£120,500	£2,327	2
2010	£143,999	£2,278	5
2008	£136,000	£2,772	5
2007	£133,600	£2,357	5
2006	£119,250	£2,325	2
2005	£124,999	£2,385	7
2004	£112,748	£3,005	6
2003	£108,374	£1,927	8
2002	£113,312	£1,907	8
2001	£66,328	£1,475	12
2000	£58,317	£1,191	3
1999	£67,150	£1,260	10
1998	£45,111	£841	9
1997	£33,964	£640	7
1996	£36,500	£703	6
1995	£36,458	£653	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£6,893	£16	3

House Type in CM3 7AY area

The most common house types in the CM3 7AY postcode area are Terraced (54), Detached (37), and Semi-detached (22).

Total	114
Terraced	54
Detached	37
Semi-detached	22
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 (62), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan	62
Owned: Owns outright	39
Private rented: Private landlord or letting agency	10
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	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 7AY have 2 people in household (37), and 1 person in household (36).

2 people in household	37
1 person in household	36
3 people in household	19
4 people in household	16
6 people in household	2
0 people in household	0
5 people in household	0
7 people in household	0
8 or more people in household	0