Housing Market Analysis for NICHOLSON PLACE, CM3 8UT

Are you looking to understand CM3 8UT 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 8UT area, explore the CM3 8UT Area information page.
For comprehensive crime statistics in the CM3 8UT area, explore the CM3 8UT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM3 8UT postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £167,594 median price is £165,000 Standard Deviation is £83,477 with Total Sold: 21
    • The Last 5 Year average price is £300,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 18 NICHOLSON PLACE: £325,000 (Sold on 08 Aug 2023)
    • The first recorded sale happened at this postcode is 18 NICHOLSON PLACE: £45,000 (Sold on 30 Jun 1995)
  • Flat
    • The average price is around £85,777 median price is £86,000 Standard Deviation is £34,042 with Total Sold: 9
    • The Last 5 Year average price is £120,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 21 NICHOLSON PLACE: £120,000 (Sold on 24 Jan 2023)
    • The first recorded sale happened at this postcode is 15 NICHOLSON PLACE: £38,995 (Sold on 09 Jan 1998)
  • Semi-Detached
    • The average price is around £104,750 median price is £104,750 Standard Deviation is £48,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 16 NICHOLSON PLACE: £153,500 (Sold on 25 Jun 2003)
    • The first recorded sale happened at this postcode is 16 NICHOLSON PLACE: £56,000 (Sold on 15 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 8UT 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£325,000 £3,571 1
2022£320,000 £3,678 1
2021£275,000 £3,022 1
2020£280,000 £3,077 1
2014£220,000 £2,268 1
2013£185,750 £2,024 2
2010£166,000 £1,776 3
2009£165,000 £1,897 1
2008£160,0001
2006£171,000 £1,845 2
2005£151,486 £1,659 2
2001£80,000 £874 1
1999£59,0001
1998£26,0001
1996£50,0001
1995£45,000 £495 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£120,000 £2,553 1
2014£132,500 £2,366 1
2011£92,500 £1,968 1
2008£80,000 £1,702 1
2007£128,000 £2,286 1
2003£86,000 £1,830 1
2001£49,995 £1,064 1
2000£44,000 £786 1
1998£38,995 £696 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£153,5001
1997£56,0001

All the Sales in the NICHOLSON PLACE, CM3 8UT

See the table below for more details on the sold house prices in the CM3 8UT, Chelmsford postcode.

AddressSold DatePrice% Change
18 NICHOLSON PLACETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197508 Aug 2023£325,00016.07%
18 Dec 2020£280,000522.22%
30 Jun 1995£45,000First Sale
21 NICHOLSON PLACEFlat, LeaseholdArea: 47 Sq.mtrAge: 1976-198224 Jan 2023£120,00029.73%
20 Dec 2011£92,50015.62%
17 Nov 2008£80,000-6.98%
27 Nov 2003£86,00072.02%
06 Jul 2001£49,995First Sale
8 NICHOLSON PLACETerraced, FreeholdArea: 87 Sq.mtrAge: 1983-199010 Jun 2022£320,00093.94%
03 Apr 2009£165,0000.0
18 Nov 2005£165,000First Sale
20 NICHOLSON PLACETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197509 Jun 2021£275,000First Sale
10 NICHOLSON PLACETerraced, FreeholdArea: 97 Sq.mtrAge: 1950-196626 Aug 2014£220,00019.57%
20 May 2010£184,0002.79%
24 Feb 2006£179,00029.74%
13 Apr 2005£137,972First Sale
15 NICHOLSON PLACEFlat, LeaseholdArea: 56 Sq.mtrAge: 1967-197507 Feb 2014£132,5003.52%
12 Dec 2007£128,000190.91%
15 Dec 2000£44,00012.83%
09 Jan 1998£38,995First Sale
6 NICHOLSON PLACETerraced, FreeholdArea: 91.5 Sq.mtrAge: 1967-197520 Dec 2013£182,0003.12%
17 Dec 2010£176,50028.36%
14 May 2010£137,50071.88%
13 Feb 2001£80,000First Sale
24 NICHOLSON PLACETerraced, FreeholdArea: 92 Sq.mtrAge: 1950-196626 Nov 2013£189,500First Sale
4 NICHOLSON PLACETerraced, Freehold08 Feb 2008£160,000171.19%
23 Aug 1999£59,00018.00%
17 May 1996£50,000First Sale
2 NICHOLSON PLACETerraced, Freehold06 Oct 2006£163,000526.92%
04 May 1998£26,000First Sale
16 NICHOLSON PLACESemi-Detached, Freehold25 Jun 2003£153,500174.11%
15 Aug 1997£56,000First Sale

Check out the sold house prices near the CM3 8UT postcode. Properties currently for saleProperties currently for rent

NICHOLSON PLACE, CM3 8UT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM3 8UT 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 8UT postcode.

  • Terraced
    • The average price is around £175,937 median price is £175,000 Standard Deviation is £91,215 with Total Sold: 145
    • The Last 5 Year average price is £316,912 with Total Sold: 17
    • The most recent sale happened at this postcode is , 6 FILLIOLL CLOSE: £310,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 20 PEASE PLACE: £20,210 (Sold on 01 May 1995)
  • Detached
    • The average price is around £406,844 median price is £380,000 Standard Deviation is £231,656 with Total Sold: 203
    • The Last 5 Year average price is £660,147 with Total Sold: 29
    • The most recent sale happened at this postcode is , LAWRENNY BACK LANE: £425,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , COMPTONS THE COMMON: £120,000 (Sold on 24 Mar 1995)
  • Semi-Detached
    • The average price is around £230,830 median price is £198,000 Standard Deviation is £145,178 with Total Sold: 69
    • The Last 5 Year average price is £444,167 with Total Sold: 9
    • The most recent sale happened at this postcode is , 11 ASHLEY GREEN: £365,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , APPLEDORE BICKNACRE ROAD: £75,250 (Sold on 24 Mar 1995)
  • Flat
    • The average price is around £187,295 median price is £134,000 Standard Deviation is £137,696 with Total Sold: 66
    • The Last 5 Year average price is £301,643 with Total Sold: 14
    • The most recent sale happened at this postcode is , 13 PEASE PLACE: £150,000 (Sold on 12 Feb 2024)
    • The first recorded sale happened at this postcode is , 7 PAYNE PLACE: £27,000 (Sold on 29 Feb 1996)
  • Other
    • The average price is around £250,411 median price is £170,000 Standard Deviation is £298,570 with Total Sold: 16
    • The Last 5 Year average price is £315,556 with Total Sold: 9
    • The most recent sale happened at this postcode is , UNIT 2 INDUSTRIAL ESTATE: £260,000 (Sold on 07 Jul 2023)
    • The first recorded sale happened at this postcode is , UNIT 2 INDUSTRIAL ESTATE: £120,000 (Sold on 18 Nov 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,0001
2023£325,000 £3,571 1
2022£337,500 £3,746 4
2021£334,583 £3,548 6
2020£280,000 £3,266 3
2019£277,500 £3,088 2
2018£314,375 £3,313 4
2017£274,375 £2,943 4
2016£258,500 £2,248 4
2015£248,333 £3,006 3
2014£226,852 £2,273 8
2013£196,500 £2,176 10
2012£197,469 £2,052 8
2011£227,900 £2,379 5
2010£168,250 £1,749 4
2009£193,667 £1,865 3
2008£188,750 £2,638 5
2007£196,500 £2,373 3
2006£164,857 £1,825 7
2005£151,486 £1,659 2
2004£160,328 £1,816 9
2003£168,750 £1,900 4
2002£104,475 £1,074 2
2001£91,019 £906 13
2000£88,375 £1,009 4
1999£65,500 £755 5
1998£58,700 £943 4
1997£61,249 £611 4
1996£47,621 £496 8
1995£38,837 £455 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£667,500 £3,250 2
2023£689,375 £5,337 2
2022£666,438 £4,601 8
2021£753,667 £4,250 6
2020£577,125 £4,196 6
2019£622,850 £4,268 5
2018£593,357 £3,554 7
2017£635,714 £3,881 7
2016£585,056 £3,624 9
2015£490,416 £3,269 6
2014£535,000 £3,739 4
2013£337,500 £2,534 2
2012£505,926 £2,555 6
2011£471,449 £3,553 7
2010£429,700 £3,391 5
2009£585,857 £2,076 7
2008£428,2502
2007£444,808 £2,814 13
2006£296,100 £3,247 5
2005£404,000 £2,359 6
2004£374,350 £2,213 5
2003£445,295 £3,131 10
2002£249,545 £1,485 11
2001£227,306 £1,992 9
2000£289,700 £1,898 10
1999£151,900 £1,310 6
1998£197,464 £1,203 7
1997£150,635 £1,025 13
1996£141,344 £933 9
1995£144,188 £1,233 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£365,0001
2023£395,000 £3,762 1
2022£460,000 £6,401 1
2021£524,375 £5,955 4
2020£320,000 £3,678 1
2019£360,000 £5,136 1
2018£477,500 £4,531 2
2017£456,667 £5,916 3
2016£324,975 £3,198 2
2015£397,000 £3,851 2
2013£182,500 £3,259 1
2012£212,626 £2,209 2
2011£220,000 £2,658 3
2010£240,000 £2,330 1
2008£150,000 £1,791 2
2007£239,833 £3,125 3
2006£314,972 £2,902 2
2005£250,400 £2,256 5
2004£199,317 £1,756 3
2003£179,667 £2,046 6
2002£217,5001
2001£125,500 £1,500 2
2000£117,498 £1,126 2
1999£93,488 £1,070 8
1998£129,995 £903 1
1997£54,147 £553 3
1996£55,212 £549 3
1995£55,399 £465 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,000 £3,120 2
2023£156,000 £2,955 2
2022£403,667 £5,323 3
2021£292,000 £3,985 5
2019£475,000 £4,782 2
2018£281,250 £3,831 4
2017£127,500 £2,708 2
2016£158,000 £2,724 1
2015£209,500 £2,760 4
2014£191,250 £2,763 2
2013£172,500 £2,635 2
2012£115,000 £2,054 1
2011£293,750 £3,723 2
2009£100,000 £1,749 1
2008£166,312 £2,416 4
2007£162,460 £2,035 5
2006£230,000 £2,596 2
2005£101,000 £1,872 3
2003£86,000 £1,830 1
2002£240,000 £2,330 1
2001£172,498 £1,705 2
2000£101,333 £1,367 3
1999£190,000 £2,436 1
1998£56,486 £1,007 4
1997£100,833 £1,240 3
1996£74,625 £827 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£236,6673
2022£60,0001
2021£1,360,0001
2019£177,5004
2018£190,3145
2014£95,0001
2013£120,0001

House Type in CM3 8UT area

The most common house types in the CM3 8UT postcode area are Terraced (45), Flat (42), and Detached (16).

Total111
Terraced45
Flat42
Detached16
Semi-detached7
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (46), and Social rented: Other social rented (28).

Owned: Owns with a mortgage or loan46
Social rented: Other social rented28
Owned: Owns outright20
Social rented: Rents from council or Local Authority8
Private rented: Private landlord or letting agency6
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CM3 8UT have 2 people in household (47), and 1 person in household (28).

2 people in household47
1 person in household28
3 people in household16
4 people in household16
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0