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Chelmsford Property Market Snapshot February 2021

February 11th 2021
By: Intercounty
Chelmsford Property Market Snapshot February 2021

If you like to stay up to date with the property market, it is best to call on a local specialist for assistance. At Intercounty, we are pleased to say we know the local market in Chelmsford well, and that we have connected many vendors with buyers.

If you are keen to move in 2021, we are here to assist you.

Understand what is on offer in Chelmsford

As of February 2021, Rightmove says the following about the housing market in Chelmsford:

Properties in Chelmsford had an overall average price of £378,473 over the last year.

The majority of sales in Chelmsford during the last year were semi-detached properties, selling for an average price of £387,907. Detached properties sold for an average of £541,723, with terraced properties fetching £319,903.

Overall, sold prices in Chelmsford over the last year were similar to the previous year and 3% up on the 2018 peak of £366,208.”

As a snapshot of the local market, at the start of February 2021, Rightmove had 735 properties listed for sale in Chelmsford.

The breakdown of properties on offer in the area, at this time, was as follows:

  • 112 detached properties listed for sale in Chelmsford

  • 89 semi-detached properties listed for sale in Chelmsford

  • 110 terraced properties on offer in the local area

  • 396 flats listed for sale in Chelmsford

  • 21 bungalows were listed for sale in Chelmsford

  • 2 park homes were listed for sale in the local area

At this point in time, the most commonly listed property type for sale in Chelmsford was flats, by a considerable margin.

Of course, while Rightmove is the leading property portal in the UK, it is not the only option, and not every property listed for sale is listed on this site.

However, if you are looking to see a snapshot of the local market, reviewing this portal is as good a starting point as any.

Gardens and open space are vital for house buyers

It is fair to say having access to open spaces and a garden if possible are priorities for house buyers in the current climate. Open space is crucial, and the property snapshot suggests 458 properties (out of 735) in Chelmsford have a garden.

Analysis of the market indicates that 618 of the listed properties have a parking space, which means a significant proportion of properties listed for sale in Chelmsford have this facility.

When it comes to properties that have both a garden and parking space, 410 listings feature both.

Whatever plans you have in the housing market; it is important to know what is happening in the local market. Anyone who is looking to buy property will benefit from knowing what is available in the market. Any homeowner looking to sell their home can make more informed decisions when they know what their competition in the market is.

At Intercounty, we are here to assist you as best we can. We are local specialists in the Chelmsford housing market, and if you are keen to connect with likely buyers, we can assist you.

For all sales enquiries in Chelmsford, please feel free to call us on 01245 251442 or why not email us at chelmsford@intercounty.co.uk. With considerable experience in the local housing market, and free valuation services, we look forward to helping you make an informed decision in the Chelmsford property sector