Housing Market Analysis for MEREWORTH ROAD, CM3 7BG

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

Overview of Sold House prices

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

Terraced
- The average price is around £176,650 median price is £169,000 Standard Deviation is £92,625 with Total Sold: 8
- The Last 5 Year average price is £357,000 with Total Sold: 1
- The most recent sale happened at this postcode is 8 MEREWORTH ROAD: £357,000 (Sold on 16 Jun 2023)
- The first recorded sale happened at this postcode is 17 MEREWORTH ROAD: £135,000 (Sold on 31 Jan 2002)
Detached
- The average price is around £514,318 median price is £495,000 Standard Deviation is £118,524 with Total Sold: 11
- The Last 5 Year average price is £752,500 with Total Sold: 1
- The most recent sale happened at this postcode is 1 MEREWORTH ROAD: £752,500 (Sold on 15 Dec 2020)
- The first recorded sale happened at this postcode is 3 MEREWORTH ROAD: £360,000 (Sold on 27 Jun 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 7BG 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	£357,000	£5,060	1
2017	£275,000	£3,986	1
2012	£175,000	£2,536	1
2007	£80,000	£1,134	1
2006	£169,000	£2,449	2
2002	£94,100		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£752,500	£3,258	1
2018	£610,000	£3,245	1
2017	£695,000	£3,639	1
2013	£525,000	£2,273	1
2008	£460,000	£2,408	1
2007	£495,000	£2,090	2
2003	£406,250	£2,119	4

All the Sales in the MEREWORTH ROAD, CM3 7BG

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

Address	Sold Date	Price	% Change
8 MEREWORTH ROADTerraced, FreeholdArea: 70.55 Sq.mtrAge: 1996-2002	16 Jun 2023	£357,000	346.25%
	30 Mar 2007	£80,000	First Sale
1 MEREWORTH ROADDetached, FreeholdArea: 231 Sq.mtrAge: 2003-2006	15 Dec 2020	£752,500	43.33%
	23 Aug 2013	£525,000	6.06%
	10 Aug 2007	£495,000	First Sale
4 MEREWORTH ROADDetached, FreeholdArea: 188 Sq.mtrAge: 2003-2006	11 Jul 2018	£610,000	60.53%
	04 Jul 2003	£380,000	First Sale
16 MEREWORTH ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1996-2002	18 Dec 2017	£275,000	57.14%
	24 Feb 2012	£175,000	3.55%
	30 Aug 2006	£169,000	0.0
	30 Aug 2006	£169,000	First Sale
2 MEREWORTH ROADDetached, FreeholdArea: 191 Sq.mtrAge: 2003-2006	22 Feb 2017	£695,000	51.09%
	20 Nov 2008	£460,000	4.55%
	31 Jul 2003	£440,000	First Sale
6 MEREWORTH ROADDetached, FreeholdArea: 243 Sq.mtrAge: 2003-2006	27 Apr 2007	£495,000	First Sale
18 MEREWORTH ROADDetached, FreeholdArea: 219 Sq.mtrAge: 2003-2006	06 Nov 2003	£445,000	First Sale
3 MEREWORTH ROADDetached, Freehold	27 Jun 2003	£360,000	First Sale
7 MEREWORTH ROADTerraced, Leasehold	11 Feb 2002	£53,200	First Sale
17 MEREWORTH ROADTerraced, Leasehold	31 Jan 2002	£135,000	First Sale

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

MEREWORTH ROAD, CM3 7BG Near By properties

Interactive Map

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

Terraced
- The average price is around £162,438 median price is £151,000 Standard Deviation is £99,590 with Total Sold: 577
- The Last 5 Year average price is £292,876 with Total Sold: 75
- 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 £188,613 median price is £181,995 Standard Deviation is £101,397 with Total Sold: 223
- The Last 5 Year average price is £345,237 with Total Sold: 32
- 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)
Flat
- The average price is around £111,496 median price is £118,000 Standard Deviation is £58,838 with Total Sold: 159
- The Last 5 Year average price is £191,562 with Total Sold: 24
- 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)
Detached
- The average price is around £298,700 median price is £272,000 Standard Deviation is £156,889 with Total Sold: 841
- The Last 5 Year average price is £505,295 with Total Sold: 100
- The most recent sale happened at this postcode is , 186 INCHBONNIE ROAD: £480,000 (Sold on 14 May 2024)
- The first recorded sale happened at this postcode is , 112 CELEBORN STREET: £140,000 (Sold on 20 Mar 1995)
Other
- The average price is around £5,090 median price is £5,090 Standard Deviation is £2,090 with Total Sold: 2
- The most recent sale happened at this postcode is , 9 MARSH FARM ROAD: £3,000 (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	£315,000		1
2023	£303,769	£5,400	13
2022	£299,656	£5,437	8
2021	£327,916	£4,557	18
2020	£259,278	£4,566	16
2019	£276,501	£4,423	19
2018	£285,278	£4,647	18
2017	£273,794	£4,451	17
2016	£262,285	£4,064	14
2015	£223,737	£3,661	23
2014	£178,782	£3,441	23
2013	£177,875	£3,373	16
2012	£216,194	£3,076	10
2011	£179,785	£3,498	7
2010	£198,418	£3,154	10
2009	£166,041	£2,802	12
2008	£179,286	£3,170	7
2007	£191,548	£3,001	31
2006	£165,681	£2,821	22
2005	£161,550	£2,539	20
2004	£166,846	£2,694	26
2003	£133,935	£2,418	20
2002	£145,822	£2,030	33
2001	£96,569	£1,573	28
2000	£75,042	£1,413	34
1999	£65,949	£1,211	30
1998	£60,516	£1,092	31
1997	£56,247	£954	35
1996	£51,535	£929	21
1995	£52,836	£846	14

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£353,333		3
2023	£352,000	£6,069	1
2022	£395,274	£5,570	4
2021	£342,583	£4,634	6
2020	£329,583	£4,362	6
2019	£335,125	£4,323	12
2018	£286,667	£5,893	3
2017	£287,499	£4,297	4
2016	£286,299	£3,775	5
2015	£253,416	£3,368	6
2014	£205,833	£3,472	3
2013	£216,250	£2,862	2
2012	£242,899	£2,771	5
2011	£234,500	£2,768	5
2010	£221,874	£2,881	4
2009	£204,667	£2,458	6
2008	£246,665	£2,213	3
2007	£210,382	£3,140	12
2006	£195,406	£2,892	16
2005	£189,785	£2,785	7
2004	£158,356	£2,929	14
2003	£192,858	£2,074	13
2002	£163,726	£1,830	13
2001	£123,953	£1,601	11
2000	£114,562	£1,415	8
1999	£88,787	£1,147	12
1998	£73,167	£1,196	9
1997	£63,714	£968	7
1996	£63,752	£952	13
1995	£64,775	£941	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,667	£4,590	3
2023	£190,624	£3,726	8
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	£201,000	£3,623	2
2017	£154,398	£3,385	5
2016	£174,248	£3,269	2
2015	£165,500	£2,971	3
2014	£139,681	£2,930	11
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	£133,332	£2,803	6
2007	£133,600	£2,357	5
2006	£119,250	£2,325	2
2005	£122,221	£2,381	9
2004	£112,748	£3,005	6
2003	£107,443	£1,983	9
2002	£113,312	£1,907	8
2001	£66,328	£1,475	12
2000	£54,862	£1,165	4
1999	£67,150	£1,260	10
1998	£43,850	£834	10
1997	£35,093	£656	8
1996	£35,714	£711	7
1995	£36,458	£653	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£688,125	£4,150	4
2023	£516,577	£4,828	13
2022	£579,033	£5,128	15
2021	£466,357	£4,508	28
2020	£495,556	£3,934	18
2019	£472,636	£3,578	22
2018	£487,904	£3,842	26
2017	£509,477	£3,692	22
2016	£439,038	£3,561	26
2015	£348,809	£2,889	21
2014	£365,250	£2,973	18
2013	£344,986	£2,796	35
2012	£344,946	£2,526	28
2011	£332,906	£2,662	16
2010	£310,975	£3,114	23
2009	£318,321	£2,305	14
2008	£340,675	£2,530	20
2007	£335,289	£2,650	37
2006	£340,333	£2,512	30
2005	£287,646	£2,139	24
2004	£294,302	£2,259	32
2003	£290,031	£2,181	65
2002	£225,928	£1,750	56
2001	£188,088	£1,571	45
2000	£164,525	£1,376	30
1999	£148,178	£1,167	37
1998	£150,425	£1,235	22
1997	£117,192	£981	36
1996	£110,032	£835	51
1995	£130,519	£856	27

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£5,090	£16	2

House Type in CM3 7BG area

The most common house types in the CM3 7BG postcode area are Detached (97), Semi-detached (20), and Terraced (17).

Total	136
Detached	97
Semi-detached	20
Terraced	17
Flat	2
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 (77), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan	77
Owned: Owns outright	45
Private rented: Private landlord or letting agency	6
Social rented: Other social rented	4
Shared ownership: Shared ownership	2
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 7BG have 2 people in household (39), and 3 people in household (35).

2 people in household	39
3 people in household	35
4 people in household	30
5 people in household	14
1 person in household	13
6 people in household	2
7 people in household	2
0 people in household	0
8 or more people in household	0