Housing Market Analysis for STROM OLSEN CLOSE, SS11 7GF

Are you looking to understand SS11 7GF 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 SS11 7GF area, explore the SS11 7GF Area information page.
For comprehensive crime statistics in the SS11 7GF area, explore the SS11 7GF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SS11 7GF postcode area, The average prices are as follows,

  • Detached
    • The average price is around £492,682 median price is £445,000 Standard Deviation is £85,182 with Total Sold: 11
    • The Last 5 Year average price is £565,625 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 STROM OLSEN CLOSE: £705,000 (Sold on 24 Aug 2022)
    • The first recorded sale happened at this postcode is 12 STROM OLSEN CLOSE: £540,000 (Sold on 10 Sep 2024)
  • Terraced
    • The average price is around £445,000 median price is £432,500 Standard Deviation is £23,184 with Total Sold: 4
    • The Last 5 Year average price is £485,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 STROM OLSEN CLOSE: £485,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is 8 STROM OLSEN CLOSE: £430,000 (Sold on 21 Dec 2016)
  • Semi-Detached
    • The average price is around £405,000 median price is £390,000 Standard Deviation is £24,833 with Total Sold: 3
    • The most recent sale happened at this postcode is 13 STROM OLSEN CLOSE: £440,000 (Sold on 01 Mar 2017)
    • The first recorded sale happened at this postcode is 10 STROM OLSEN CLOSE: £390,000 (Sold on 27 Jan 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average SS11 7GF 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£608,750 £4,575 2
2021£505,000 £4,591 1
2017£445,000 £4,045 1
2016£452,000 £3,671 6
2024£540,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£485,000 £4,008 1
2016£431,667 £3,567 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£412,500 £3,803 2
2016£390,000 £4,021 1

All the Sales in the STROM OLSEN CLOSE, SS11 7GF

See the table below for more details on the sold house prices in the SS11 7GF, Chelmsford postcode.

AddressSold DatePrice% Change
1 STROM OLSEN CLOSEDetached, FreeholdArea: 157 Sq.mtr24 Aug 2022£705,00021.55%
15 Dec 2016£580,000First Sale
4 STROM OLSEN CLOSEDetached, FreeholdArea: 110 Sq.mtr10 Aug 2022£512,50019.19%
16 Dec 2016£430,000First Sale
2 STROM OLSEN CLOSEDetached, FreeholdArea: 110 Sq.mtr17 Dec 2021£505,00016.90%
21 Dec 2016£432,000First Sale
9 STROM OLSEN CLOSETerraced, FreeholdArea: 121 Sq.mtr29 Jun 2021£485,00012.79%
21 Dec 2016£430,000First Sale
12 STROM OLSEN CLOSEDetached, FreeholdArea: 110 Sq.mtr24 Mar 2017£445,000-17.59%
10 Sep 2024£540,000First Sale
13 STROM OLSEN CLOSESemi-Detached, FreeholdArea: 121 Sq.mtr01 Mar 2017£440,000First Sale
11 STROM OLSEN CLOSESemi-Detached, FreeholdArea: 97 Sq.mtr24 Feb 2017£385,000First Sale
7 STROM OLSEN CLOSETerraced, FreeholdArea: 121 Sq.mtr21 Dec 2016£435,000First Sale
8 STROM OLSEN CLOSETerraced, FreeholdArea: 121 Sq.mtr21 Dec 2016£430,000First Sale
3 STROM OLSEN CLOSEDetached, FreeholdArea: 121 Sq.mtr16 Dec 2016£420,000First Sale
5 STROM OLSEN CLOSEDetached, FreeholdArea: 121 Sq.mtr16 Dec 2016£425,000First Sale
6 STROM OLSEN CLOSEDetached, FreeholdArea: 121 Sq.mtr16 Dec 2016£425,000First Sale
10 STROM OLSEN CLOSESemi-Detached, FreeholdArea: 97 Sq.mtr27 Jan 2016£390,000First Sale

Check out the sold house prices near the SS11 7GF postcode. Properties currently for saleProperties currently for rent

STROM OLSEN CLOSE, SS11 7GF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SS11 7GF 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 SS11 7GF postcode.

  • Detached
    • The average price is around £577,470 median price is £552,498 Standard Deviation is £114,215 with Total Sold: 222
    • The Last 5 Year average price is £574,090 with Total Sold: 113
    • The most recent sale happened at this postcode is , 12 STROM OLSEN CLOSE: £540,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 RUNNING WELL: £485,000 (Sold on 02 Sep 2016)
  • Flat
    • The average price is around £297,729 median price is £310,000 Standard Deviation is £89,267 with Total Sold: 25
    • The Last 5 Year average price is £314,814 with Total Sold: 23
    • The most recent sale happened at this postcode is , 64 ST LUKES WAY: £400,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , 11 BRUTON LINK: £99,997 (Sold on 31 Mar 2017)
  • Semi-Detached
    • The average price is around £408,737 median price is £402,498 Standard Deviation is £64,745 with Total Sold: 44
    • The Last 5 Year average price is £430,249 with Total Sold: 26
    • The most recent sale happened at this postcode is , 3 STABLE FIELDS: £395,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 10 STROM OLSEN CLOSE: £390,000 (Sold on 27 Jan 2016)
  • Terraced
    • The average price is around £406,916 median price is £423,748 Standard Deviation is £96,086 with Total Sold: 40
    • The Last 5 Year average price is £408,732 with Total Sold: 18
    • The most recent sale happened at this postcode is , 29 RUSHBROOK AVENUE: £315,000 (Sold on 16 Jul 2023)
    • The first recorded sale happened at this postcode is , 7 STROM OLSEN CLOSE: £435,000 (Sold on 21 Dec 2016)
  • Other
    • The average price is around £722,651 median price is £837,102 Standard Deviation is £431,805 with Total Sold: 4
    • The Last 5 Year average price is £564,735 with Total Sold: 3
    • The most recent sale happened at this postcode is , 71 ST LUKES WAY: £20,000 (Sold on 23 Jun 2020)
    • The first recorded sale happened at this postcode is , 39 RUNNING WELL: £1,196,400 (Sold on 28 Mar 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£661,645 £4,071 5
2023£527,186 £4,417 8
2022£629,498 £4,623 14
2021£570,623 £4,155 16
2020£522,794 £3,878 22
2019£581,294 £3,905 48
2018£576,649 £3,906 53
2017£624,724 £3,779 31
2016£535,889 £3,600 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£400,0001
2023£296,667 £4,245 3
2022£242,0001
2021£273,123 £3,551 2
2020£323,070 £3,239 7
2019£322,332 £3,432 9
2017£101,247 £1,947 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£395,0001
2023£497,250 £4,483 4
2022£428,499 £4,338 5
2021£362,498 £4,032 2
2020£418,582 £3,912 12
2019£456,000 £3,931 2
2018£397,220 £4,047 9
2017£335,999 £3,288 3
2016£369,163 £3,661 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£352,667 £4,345 3
2022£459,998 £4,112 4
2021£386,532 £3,620 6
2020£401,665 £3,705 3
2019£467,498 £3,445 2
2018£423,176 £3,417 14
2017£340,000 £3,728 5
2016£431,667 £3,567 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£20,0001
2019£837,102 £10,559 2
2018£1,196,400 £16,851 1

House Type in SS11 7GF area

The most common house types in the SS11 7GF postcode area are Detached (82), Semi-detached (18), and Flat (18).

Total126
Detached82
Semi-detached18
Flat18
Terraced7
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 (66), and Owned: Owns outright (32).

Owned: Owns with a mortgage or loan66
Owned: Owns outright32
Social rented: Other social rented16
Shared ownership: Shared ownership6
Social rented: Rents from council or Local Authority4
Private rented: Private landlord or letting agency2
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the SS11 7GF have 2 people in household (44), and 4 people in household (28).

2 people in household44
4 people in household28
1 person in household26
3 people in household22
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0