Housing Market Analysis for ROMNEY CLOSE, CM7 5TE

Are you looking to understand CM7 5TE 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 Braintree postcode.

For the location information and nearby amenities in the CM7 5TE area, explore the CM7 5TE Area information page.
For comprehensive crime statistics in the CM7 5TE area, explore the CM7 5TE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM7 5TE postcode area, The average prices are as follows,

Terraced
- The average price is around £160,810 median price is £147,750 Standard Deviation is £72,455 with Total Sold: 24
- The Last 5 Year average price is £262,667 with Total Sold: 6
- The most recent sale happened at this postcode is 3 ROMNEY CLOSE: £295,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is 31 ROMNEY CLOSE: £54,000 (Sold on 22 May 1998)
Other
- The average price is around £270,000 median price is £270,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £270,000 with Total Sold: 1
- The most recent sale happened at this postcode is 20 ROMNEY CLOSE: £270,000 (Sold on 31 Aug 2022)
- The first recorded sale happened at this postcode is 20 ROMNEY CLOSE: £270,000 (Sold on 31 Aug 2022)
Semi-Detached
- The average price is around £139,125 median price is £144,000 Standard Deviation is £45,637 with Total Sold: 12
- The most recent sale happened at this postcode is 32 ROMNEY CLOSE: £195,000 (Sold on 19 Dec 2018)
- The first recorded sale happened at this postcode is 32 ROMNEY CLOSE: £48,000 (Sold on 29 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average CM7 5TE 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
2024	£295,000		1
2023	£295,000	£3,933	1
2022	£266,000	£3,474	2
2020	£240,000	£2,857	1
2019	£214,000	£2,562	1
2016	£195,000	£2,708	1
2015	£194,725	£2,327	2
2013	£151,000	£1,752	2
2012	£145,000	£1,736	1
2009	£115,000	£1,291	1
2007	£150,000	£2,027	1
2006	£138,000	£1,834	3
2004	£125,000		1
2003	£113,500	£1,351	1
2002	£115,000	£1,369	1
2001	£55,000		1
1999	£55,000		1
1998	£54,750	£661	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£270,000	£3,649	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£195,000	£2,679	1
2017	£230,000	£3,115	1
2009	£143,000	£1,937	1
2007	£155,500	£2,080	2
2006	£150,000		1
2005	£145,000	£1,736	1
2004	£80,000		1
2003	£128,750	£1,505	2
2002	£110,000	£1,486	1
1998	£48,000	£659	1

All the Sales in the ROMNEY CLOSE, CM7 5TE

See the table below for more details on the sold house prices in the CM7 5TE, Braintree postcode.

Address	Sold Date	Price	% Change
3 ROMNEY CLOSETerraced, Freehold	25 Jul 2024	£295,000	156.52%
	31 Oct 2002	£115,000	107.21%
	04 Dec 1998	£55,500	First Sale
2 ROMNEY CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1976-1982	02 Jun 2023	£295,000	59.93%
	07 Apr 2015	£184,450	67.68%
	25 Oct 2002	£110,000	First Sale
20 ROMNEY CLOSEOther, FreeholdArea: 74 Sq.mtrAge: 1950-1966	31 Aug 2022	£270,000	80.00%
	20 Jul 2007	£150,000	20.00%
	04 Sep 2006	£125,000	First Sale
24 ROMNEY CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	26 Aug 2022	£272,000	39.49%
	04 Nov 2016	£195,000	36.84%
	31 Aug 2006	£142,500	First Sale
5 ROMNEY CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-1975	16 Feb 2022	£260,000	First Sale
25 ROMNEY CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	14 Feb 2020	£240,000	111.45%
	28 Feb 2003	£113,500	First Sale
13 ROMNEY CLOSETerraced, FreeholdArea: 83.54 Sq.mtrAge: 1983-1990	18 Feb 2019	£214,000	39.87%
	20 Sep 2013	£153,000	5.52%
	31 May 2012	£145,000	0.0
	12 Aug 2005	£145,000	First Sale
32 ROMNEY CLOSESemi-Detached, FreeholdArea: 72.8 Sq.mtrAge: 1950-1966	19 Dec 2018	£195,000	306.25%
	29 May 1998	£48,000	First Sale
4 ROMNEY CLOSESemi-Detached, FreeholdArea: 73.84 Sq.mtrAge: 1967-1975	24 Feb 2017	£230,000	60.84%
	27 Nov 2009	£143,000	-8.33%
	04 Dec 2007	£156,000	First Sale
19 ROMNEY CLOSETerraced, FreeholdArea: 93.4 Sq.mtrAge: 1967-1975	29 Oct 2015	£205,000	First Sale
22 ROMNEY CLOSETerraced, FreeholdArea: 89.1 Sq.mtrAge: 1967-1975	17 Sep 2013	£149,000	29.57%
	14 Sep 2009	£115,000	First Sale
23 ROMNEY CLOSESemi-Detached, Freehold	23 Feb 2007	£155,000	93.75%
23 ROMNEY CLOSESemi-Detached, Freehold	23 Feb 2004	£80,000	First Sale
1 ROMNEY CLOSESemi-Detached, Freehold	30 Nov 2006	£150,000	First Sale
7 ROMNEY CLOSETerraced, Freehold	25 Aug 2006	£146,500	17.20%
	30 Apr 2004	£125,000	127.27%
	27 Apr 2001	£55,000	First Sale
26 ROMNEY CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1967-1975	17 Oct 2003	£124,000	First Sale
15 ROMNEY CLOSESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1950-1966	15 Apr 2003	£133,500	First Sale
30 ROMNEY CLOSETerraced, Freehold	25 Jun 1999	£55,000	First Sale
31 ROMNEY CLOSETerraced, Freehold	22 May 1998	£54,000	First Sale

Check out the sold house prices near the CM7 5TE postcode. Properties currently for saleProperties currently for rent

ROMNEY CLOSE, CM7 5TE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM7 5TE 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 CM7 5TE postcode.

Semi-Detached
- The average price is around £173,245 median price is £157,000 Standard Deviation is £89,408 with Total Sold: 395
- The Last 5 Year average price is £297,836 with Total Sold: 69
- The most recent sale happened at this postcode is , 155A CHURCH LANE: £430,000 (Sold on 25 Sep 2024)
- The first recorded sale happened at this postcode is , 57 BOLEYNS AVENUE: £43,000 (Sold on 02 Jun 1995)
Terraced
- The average price is around £153,264 median price is £150,000 Standard Deviation is £76,574 with Total Sold: 314
- The Last 5 Year average price is £262,713 with Total Sold: 58
- The most recent sale happened at this postcode is , 3 ROMNEY CLOSE: £295,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is , 362 PANFIELD LANE: £51,000 (Sold on 20 Feb 1995)
Flat
- The average price is around £94,166 median price is £92,000 Standard Deviation is £44,262 with Total Sold: 133
- The Last 5 Year average price is £151,848 with Total Sold: 23
- The most recent sale happened at this postcode is , 34A QUEENS ROAD: £145,000 (Sold on 28 Nov 2023)
- The first recorded sale happened at this postcode is , 5 CAMBERTON ROAD: £19,000 (Sold on 11 Apr 1995)
Detached
- The average price is around £274,280 median price is £249,950 Standard Deviation is £128,207 with Total Sold: 197
- The Last 5 Year average price is £472,083 with Total Sold: 24
- The most recent sale happened at this postcode is , 4 MURRAY CLOSE: £350,000 (Sold on 14 Jul 2023)
- The first recorded sale happened at this postcode is , 154 CHURCH LANE: £61,800 (Sold on 21 Apr 1995)
Other
- The average price is around £529,143 median price is £270,000 Standard Deviation is £621,804 with Total Sold: 7
- The Last 5 Year average price is £918,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 175 - 179 CHURCH LANE: £485,000 (Sold on 28 Feb 2023)
- The first recorded sale happened at this postcode is , MATTHEWS FARM PANFIELD LANE: £100,000 (Sold on 06 Aug 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£364,188		8
2023	£313,286	£3,662	7
2022	£304,038	£4,736	13
2021	£280,875	£3,561	16
2020	£286,850	£3,301	10
2019	£275,277	£3,227	15
2018	£260,400	£2,945	15
2017	£265,625	£3,598	12
2016	£224,065	£2,832	13
2015	£192,363	£2,709	19
2014	£196,083	£2,232	12
2013	£178,556	£2,202	16
2012	£182,336	£2,463	11
2011	£155,599	£2,362	5
2010	£157,625	£1,933	4
2009	£145,350	£2,822	27
2008	£161,400	£1,775	5
2007	£171,582	£1,942	23
2006	£158,633	£2,048	15
2005	£170,208	£1,859	12
2004	£144,578	£1,627	24
2003	£140,881	£1,430	21
2002	£109,198	£1,473	10
2001	£100,000	£1,052	10
2000	£73,024	£853	8
1999	£58,638	£536	19
1998	£49,890	£606	12
1997	£54,408	£592	11
1996	£52,767	£553	11
1995	£45,409	£534	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£295,375		4
2023	£289,042	£3,538	12
2022	£277,573	£3,277	12
2021	£250,455	£3,109	11
2020	£248,000	£2,918	8
2019	£228,864	£3,221	11
2018	£248,429	£3,709	7
2017	£235,982	£3,082	9
2016	£214,107	£2,722	14
2015	£189,532	£2,753	14
2014	£170,500	£1,979	7
2013	£155,000	£1,851	8
2012	£147,438	£1,802	8
2011	£148,333	£1,699	3
2010	£141,636	£2,129	11
2009	£145,135	£2,636	21
2008	£151,625	£1,884	6
2007	£150,357	£1,843	22
2006	£132,542	£2,250	12
2005	£135,624	£1,551	8
2004	£132,500	£1,544	8
2003	£121,423	£1,490	13
2002	£101,550	£1,184	10
2001	£80,821	£1,019	12
2000	£68,500	£747	4
1999	£54,922	£679	19
1998	£52,063	£617	15
1997	£44,020	£530	12
1996	£41,774	£459	10
1995	£49,500	£566	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£160,100	£3,093	5
2022	£161,667	£2,896	3
2021	£154,917	£2,884	6
2020	£150,500	£2,904	2
2019	£139,500	£2,647	7
2018	£134,000	£2,351	1
2017	£137,700	£2,710	5
2016	£133,100	£2,346	5
2015	£127,699	£2,397	5
2014	£112,000	£2,167	5
2013	£121,167	£1,737	3
2012	£86,300	£1,556	5
2011	£110,000	£1,628	2
2010	£81,500	£2,421	2
2009	£66,000	£1,119	1
2008	£119,400	£1,812	2
2007	£106,924	£1,883	10
2006	£86,666	£1,611	6
2005	£90,889	£1,682	9
2004	£81,214	£1,572	7
2003	£69,728	£1,217	9
2002	£67,875	£1,870	4
2001	£48,000	£804	6
2000	£38,082	£719	6
1999	£33,175	£591	2
1998	£25,867	£398	6
1997	£32,875	£458	4
1996	£24,667	£424	3
1995	£21,998	£368	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£432,500	£4,871	2
2022	£548,250	£3,545	4
2021	£518,571	£3,627	7
2020	£440,333	£3,380	6
2019	£400,000	£3,644	5
2018	£410,562	£3,188	8
2017	£417,667	£3,420	3
2016	£426,667	£3,111	3
2015	£401,273	£2,646	11
2014	£329,000	£2,522	4
2013	£292,125	£3,018	4
2012	£314,167	£3,065	3
2011	£280,000	£2,733	1
2010	£312,500	£2,107	2
2009	£258,500	£2,168	3
2008	£322,167	£2,389	6
2007	£308,450	£2,588	10
2006	£308,375	£2,328	4
2005	£270,143	£2,443	7
2004	£286,599	£2,032	5
2003	£274,062	£2,256	8
2002	£216,273	£1,686	11
2001	£209,366	£1,554	12
2000	£156,834	£1,222	22
1999	£162,952	£1,159	35
1998	£147,761	£961	9
1997	£160,000		1
1995	£61,800		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£485,000		1
2022	£270,000	£3,649	1
2021	£2,000,000		1
2018	£361,500	£6,522	2
2017	£126,000	£2,681	1
2014	£100,000		1

House Type in CM7 5TE area

The most common house types in the CM7 5TE postcode area are Terraced (57), Flat (49), and Semi-detached (14).

Total	121
Terraced	57
Flat	49
Semi-detached	14
Detached	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 (34), and Social rented: Other social rented (34).

Owned: Owns with a mortgage or loan	34
Social rented: Other social rented	34
Owned: Owns outright	30
Social rented: Rents from council or Local Authority	12
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the CM7 5TE have 2 people in household (47), and 1 person in household (31).

2 people in household	47
1 person in household	31
3 people in household	22
4 people in household	13
6 people in household	4
5 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0