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Chelmsford market report CM2
The CM2 (Chelmsford) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 36,135 sales registered with HM Land Registry in CM2 (Chelmsford) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical CM2 (Chelmsford) home changed hands for £370,000 in 2026 (median of 342 registered sales, up 4% on five years earlier), with the mean at £401,300, and by floor area homes here have averaged about £4,610 per square metre over the last five years. Source: 36,135 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
The postcode district CM2 covering Chelmsford sits in Chelmsford. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where CM2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
CM2 sold prices: where the market stands
The 2026 median for CM2 is £370,000, taken from 342 registered sales. The mean, which is what most sites call the "average house price", is £401,300, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in CM2
The last five years of sales put CM2 at roughly £4,610 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
For scale: the England and Wales median is £285,000, so CM2 trades 30% above the country as a whole.
The price of a typical CM2 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £370,000 | £370,000 | 342 |
| 2025 | £380,000 | £389,087 | 901 |
| 2024 | £375,000 | £398,702 | 821 |
| 2023 | £362,500 | £398,299 | 777 |
| 2022 | £375,000 | £439,730 | 1,077 |
| 2021 | £356,800 | £451,755 | 1,256 |
| 2020 | £356,000 | £461,917 | 776 |
| 2019 | £322,500 | £422,720 | 919 |
| 2018 | £305,000 | £406,571 | 1,012 |
| 2017 | £315,000 | £429,628 | 972 |
| 2016 | £295,000 | £412,708 | 1,170 |
| 2015 | £265,000 | £374,445 | 1,133 |
| 2014 | £250,000 | £354,669 | 1,237 |
| 2013 | £221,500 | £318,716 | 1,058 |
| 2012 | £210,000 | £309,094 | 920 |
| 2011 | £214,200 | £323,360 | 862 |
| 2010 | £220,000 | £345,017 | 915 |
| 2009 | £200,000 | £321,502 | 851 |
| 2008 | £210,000 | £344,234 | 771 |
| 2007 | £220,000 | £373,181 | 1,424 |
| 2006 | £195,000 | £338,495 | 1,609 |
| 2005 | £190,000 | £338,123 | 1,235 |
| 2004 | £183,800 | £333,817 | 1,552 |
| 2003 | £172,500 | £317,787 | 1,521 |
| 2002 | £139,500 | £262,468 | 1,599 |
| 2001 | £118,000 | £226,849 | 1,529 |
| 2000 | £96,200 | £188,793 | 1,352 |
| 1999 | £81,500 | £162,425 | 1,638 |
| 1998 | £73,000 | £147,356 | 1,321 |
| 1997 | £65,500 | £134,327 | 1,356 |
| 1996 | £57,300 | £120,843 | 1,206 |
| 1995 | £58,000 | £126,083 | 1,023 |
In cash terms the typical CM2 home went from £58,000 in 1995 to £370,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 193%, a genuine increase in what a home here costs. The real-terms peak came in 2020, and today's median remains roughly 20% under it: a 2020 buyer is still waiting to get that price back in today's money.
Year-on-year change in the CM2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+23.7% on the year before); the weakest, 2009 (−4.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −2.6% | −4.9% |
| 5 years (since 2021) | +0.7% | −3.9% |
| 10 years (since 2016) | +2.3% | −1.1% |
| 20 years (since 2006) | +3.3% | +0.4% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 28% of the typed total. A detached home currently trades at £560,000 against £215,000 for a flat, 2.6 times the price.
Median by property type, CM2
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £560,000 | 77 | 7,631 |
| Semi-detached | £425,000 | 82 | 10,269 |
| Terraced | £345,000 | 101 | 9,002 |
| Flats | £215,000 | 82 | 9,233 |
Sales activity in CM2
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
Over the last twelve months of data, 726 sales completed in CM2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 1,478 sales a year before the financial crisis and 784 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
Rents around CM2
For renting purposes CM2 sits in Chelmsford. The ONS average private rent there is £1,445 a month (May 2026). The spread runs from £1,063 a month for a typical one-bed to £2,233 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Chelmsford
ONS Price Index of Private Rents, May 2026.
Set against the £370,000 median sold price, £1,445 a month is £17,340 a year, a gross yield of 4.7%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Common questions on CM2 (Chelmsford)
Is CM2 (Chelmsford) a good place to buy a house?
How much did a house sell for in CM2 (Chelmsford)?
Are property prices falling in CM2 (Chelmsford)?
Where do CM2 prices go next?
The record answers a different question than "what happens next": the median is up 4% over five years in cash but down 18% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What you could buy in CM2 now
Everything above is what homes in CM2 sold for. This is what you could actually buy today: 314 homes currently on the market from 12 agents publishing to HomesIndex, at a typical asking price 5% below the CM2 median sold price.
32% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every CM2 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in CM
The Land Registry record, split by size: what each kind of home actually sold for across the CM area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £417,500 | £550,000 (+32%) | £785,000 (+43%) | £1,137,500 (+45%) |
| Semi-detached | £325,000 | £370,000 (+14%) | £447,500 (+21%) | £575,000 (+28%) | £780,000 (+36%) |
| Terraced | £292,000 | £335,000 (+15%) | £380,000 (+13%) | £492,500 (+30%) | £700,000 (+42%) |
| Flat | £202,000 | £280,000 (+39%) | £385,000 (+38%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
CM2 ranks 13 of 25 in the CM area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the CM area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside CM2, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| CM2 0 | £315,000 | 45 |
| CM2 5 | £365,000 | 1 |
| CM2 6 | £350,000 | 106 |
| CM2 7 | £420,000 | 42 |
| CM2 8 | £440,000 | 53 |
| CM2 9 | £390,000 | 96 |
How CM2 compares nearby
Same city, different markets. The neighbouring districts of the CM area, dearest first:
| District | Median | 5-year |
|---|---|---|
| CM4 | £808,200 | +26% |
| CM13 | £530,000 | +12% |
| CM16 | £527,500 | -8% |
| CM15 | £510,000 | -1% |
| CM5 | £500,000 | +4% |
| CM12 | £459,500 | -5% |
| CM11 | £455,000 | -1% |
| CM21 | £450,000 | +13% |
| CM22 | £445,000 | -8% |
| CM6 | £432,500 | +1% |
| CM23 | £422,000 | +0% |
| CM24 | £420,000 | +1% |
| CM3 | £415,000 | +0% |
| CM14 | £411,200 | +3% |
| CM77 | £402,500 | +6% |
| CM17 | £400,000 | +3% |
| CM1 | £398,000 | +8% |
| CM9 | £375,000 | +9% |
| CM2 (this report) | £370,000 | +4% |
| CM19 | £354,500 | +18% |
| CM0 | £350,000 | +0% |
| CM18 | £325,000 | +16% |
| CM20 | £325,000 | +10% |
| CM7 | £320,000 | +7% |
Before you sell in CM2: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in CM2, use the average prices map for a rough value: zoom from CM2's shading down to the sold homes on your own street. The figures above are every recorded CM2 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim CM2.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about CM2. Free, with a one click sign in.
Two maps carry on from here: every CM2 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.