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Chelmsford · report

House prices in Chelmsford: the next 12 months

Sale prices have an 80% chance of landing between £354,372 and £389,913 by August 2027.

Expected, August 2027
£372,142
Chance of a rise
37%

Chelmsford: five years of prices and the expected path

Average sale price per home, £, monthly, with the next 12 months' expected path

  • Chelmsford
  • East of England
  • United Kingdom
  • Expected path
  • 80% range
Show the numbers
PeriodChelmsfordEast of EnglandUnited Kingdom
Aug 2027 · Expected path£372,142 (£354,372–£389,913)£339,240£280,154
Jul 2027 · Expected path£372,520 (£355,810–£389,230)£339,124£279,560
Jun 2027 · Expected path£372,899 (£357,262–£388,536)£339,008£278,967
May 2027 · Expected path£373,277 (£358,728–£387,826)£338,892£278,374
Apr 2027 · Expected path£373,655 (£360,213–£387,098)£338,776£277,781
Mar 2027 · Expected path£374,034 (£361,722–£386,346)£338,660£277,188
Feb 2027 · Expected path£374,412 (£363,261–£385,563)£338,544£276,595
Jan 2027 · Expected path£374,790 (£364,843–£384,738)£338,428£276,002
Dec 2026 · Expected path£375,169 (£366,483–£383,854)£338,312£275,409
Nov 2026 · Expected path£375,547 (£368,213–£382,881)£338,196£274,816
Oct 2026 · Expected path£375,925 (£370,095–£381,755)£338,080£274,223
Sep 2026 · Expected path£376,304 (£372,296–£380,312)£337,964£273,630
Aug 2026£376,682£337,848£273,037
Jul 2026£377,541£337,008£272,146
Jun 2026£378,576£335,623£270,690
May 2026£378,681£338,870£272,221
Apr 2026£379,258£337,236£270,966
Mar 2026£376,376£335,209£268,631
Feb 2026£379,882£337,474£269,423
Jan 2026£378,997£335,768£268,814
Dec 2025£382,751£334,758£268,002
Nov 2025£380,345£335,784£270,472
Oct 2025£380,502£336,725£269,819
Sep 2025£381,354£336,148£269,556
Aug 2025£385,758£337,127£270,575
Jul 2025£386,792£335,978£268,843
Jun 2025£387,668£335,091£266,796
May 2025£380,621£330,647£264,078
Apr 2025£379,239£323,863£260,162
Mar 2025£374,273£336,733£268,019
Feb 2025£371,124£331,922£264,771
Jan 2025£367,374£332,546£264,936
Dec 2024£370,872£332,966£263,991
Nov 2024£372,011£332,235£264,515
Oct 2024£375,126£333,824£265,252
Sep 2024£370,289£333,803£264,750
Aug 2024£369,686£332,456£265,085
Jul 2024£367,032£330,577£262,479
Jun 2024£369,354£325,834£259,585
May 2024£368,376£326,196£258,565
Apr 2024£368,725£325,736£256,478
Mar 2024£367,319£322,950£255,082
Feb 2024£366,917£324,976£254,633
Jan 2024£365,545£328,802£255,972
Dec 2023£364,064£326,075£256,177
Nov 2023£370,158£329,462£258,368
Oct 2023£371,783£331,860£260,129
Sep 2023£380,090£334,941£261,318
Aug 2023£381,291£335,770£262,602
Jul 2023£377,178£336,474£261,182
Jun 2023£372,856£332,033£258,275
May 2023£368,434£330,394£257,330
Apr 2023£374,808£331,572£256,479
Mar 2023£375,186£335,589£255,885
Feb 2023£378,952£340,888£258,788
Jan 2023£383,052£340,655£260,941
Dec 2022£384,813£342,442£263,190
Nov 2022£385,874£345,454£265,299
Oct 2022£385,795£344,144£265,693
Sep 2022£386,309£344,762£265,727
Aug 2022£387,476£344,145£265,124
Jul 2022£383,300£340,723£262,904
Jun 2022£381,045£335,070£258,118
May 2022£373,687£332,450£255,040
Apr 2022£373,254£328,825£252,167
Mar 2022£366,519£325,283£249,232
Feb 2022£364,991£326,141£248,309
Jan 2022£359,520£322,537£248,031
Dec 2021£357,620£319,855£245,189
Nov 2021£354,846£319,183£243,930
Oct 2021£351,874£312,253£239,236
Sep 2021£343,823£316,815£245,371

What the model expects

The central estimate at each horizon, and the range prices land in 8 times out of 10.

HorizonExpected80% rangeChance of a riseChance of beating inflation
In 3 months (November 2026)£375,547£368,213 – £382,88142%22%
In 4 months (December 2026)£375,169£366,483 – £383,85441%19%
In 12 months (August 2027)£372,142£354,372 – £389,91337%10%

The outlook carries the region's own monthly price history forward: the recent trend and how far prices usually stray from it. It knows nothing about interest-rate decisions, new laws or local projects, so read it as a description of momentum, not a forecast to act on.

Other reports for Chelmsford

At the average sale price, a home costs £376,682. With 10% down and a 30-year mortgage, the payment is £1,738 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
23%
Payment, one income
45%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,439
Owning per month
£1,774

68.1% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
170
Per 1,000 residents
0.9

Figures for United Kingdom: Chelmsford has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 5 times since 1995. The deepest began in November 2007.

Deepest fall
−19.7%
Recovery from the low
57 months

In 2025 the population grew by 2,264 while 400 homes were finished: 5.7 new residents for every new home.

New residents per new home, 2025
5.7
Population change, 2025
+2,264

3.8% of the 78,562 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
3.8%
Empty homes
3,005

In 2025, 10% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
10%