Housing Market Analysis for PAYNE PLACE, CM3 8UU

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £103,179 median price is £97,500 Standard Deviation is £55,106 with Total Sold: 14
    • The Last 5 Year average price is £181,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 PAYNE PLACE: £192,000 (Sold on 20 Apr 2023)
    • The first recorded sale happened at this postcode is 7 PAYNE PLACE: £27,000 (Sold on 29 Feb 1996)
  • Terraced
    • The average price is around £163,656 median price is £157,000 Standard Deviation is £81,024 with Total Sold: 16
    • The Last 5 Year average price is £307,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 PAYNE PLACE: £340,000 (Sold on 23 May 2022)
    • The first recorded sale happened at this postcode is 24 PAYNE PLACE: £44,500 (Sold on 15 May 1996)
  • Semi-Detached
    • The average price is around £70,750 median price is £70,750 Standard Deviation is £8,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 13 PAYNE PLACE: £79,000 (Sold on 27 May 2004)
    • The first recorded sale happened at this postcode is 6 PAYNE PLACE: £62,500 (Sold on 11 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average CM3 8UU 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£192,000 £3,357 1
2022£171,000 £3,800 1
2018£170,000 £2,931 1
2016£158,000 £2,724 1
2013£95,000 £2,111 1
2009£100,000 £1,749 1
2007£111,500 £1,909 2
2005£106,500 £1,851 2
2000£36,0001
1998£26,0001
1997£33,500 £586 1
1996£27,000 £472 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£340,000 £3,736 1
2019£275,000 £2,957 1
2017£265,000 £2,849 1
2014£200,500 £2,045 2
2010£175,000 £1,667 1
2009£144,000 £1,108 1
2008£185,0001
2006£148,000 £1,648 2
2004£154,500 £1,645 2
2001£80,000 £860 1
1997£59,995 £645 1
1996£44,250 £471 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£79,000 £1,756 1
1999£62,5001

All the Sales in the PAYNE PLACE, CM3 8UU

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

AddressSold DatePrice% Change
7 PAYNE PLACEFlat, LeaseholdArea: 57.19 Sq.mtrAge: 1967-197520 Apr 2023£192,00092.00%
09 Oct 2009£100,000-15.25%
18 Mar 2005£118,000252.24%
15 Aug 1997£33,50024.07%
29 Feb 1996£27,000First Sale
2 PAYNE PLACETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197523 May 2022£340,00083.78%
11 Jul 2014£185,00023.33%
12 May 2006£150,000First Sale
13 PAYNE PLACEFlat, LeaseholdArea: 45 Sq.mtrAge: 1983-199011 Feb 2022£171,00080.00%
28 Jun 2013£95,00020.25%
27 May 2004£79,000First Sale
20 PAYNE PLACETerraced, FreeholdArea: 93 Sq.mtrAge: 1967-197531 Oct 2019£275,000243.75%
31 Aug 2001£80,00081.82%
30 Aug 1996£44,000First Sale
15 PAYNE PLACEFlat, LeaseholdArea: 58 Sq.mtrAge: 1983-199029 Nov 2018£170,0007.59%
30 Nov 2016£158,00018.80%
09 Jul 2007£133,00040.00%
11 Mar 2005£95,000First Sale
22 PAYNE PLACETerraced, FreeholdArea: 93 Sq.mtrAge: 1976-198227 Mar 2017£265,00061.59%
09 Jun 2004£164,000173.36%
22 Apr 1997£59,995First Sale
4 PAYNE PLACETerraced, FreeholdArea: 105 Sq.mtrAge: 1950-196607 Aug 2014£216,00023.43%
27 May 2010£175,000First Sale
8 PAYNE PLACETerraced, FreeholdArea: 130 Sq.mtrAge: 1967-197513 Nov 2009£144,000First Sale
10 PAYNE PLACETerraced, Freehold21 May 2008£185,00026.71%
01 Sep 2006£146,000First Sale
19 PAYNE PLACEFlat, LeaseholdArea: 59 Sq.mtrAge: 1983-199015 May 2007£90,000First Sale
24 PAYNE PLACETerraced, FreeholdArea: 95 Sq.mtrAge: 1976-198221 Jan 2004£145,000225.84%
15 May 1996£44,500First Sale
5 PAYNE PLACEFlat, Leasehold03 May 2000£36,00038.46%
23 Dec 1998£26,000First Sale
6 PAYNE PLACESemi-Detached, Freehold11 Jun 1999£62,500First Sale

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

PAYNE PLACE, CM3 8UU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM3 8UU 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 8UU 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 £406,370 median price is £376,320 Standard Deviation is £231,187 with Total Sold: 204
    • 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 £230,793 median price is £198,000 Standard Deviation is £146,210 with Total Sold: 73
    • 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£388,833 £3,010 3
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£438,750 £5,347 4
2016£324,975 £3,198 2
2015£397,000 £3,851 2
2013£288,750 £3,547 2
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£116,665 £1,126 3
1999£93,488 £1,070 8
1998£129,995 £903 1
1997£47,014 £553 4
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 8UU area

The most common house types in the CM3 8UU 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 8UU 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