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CM3

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New builds in CM3: what they really sell for.

9 new-build homes sold in CM3 in the last 12 months, 1% of all sales. New detached homes sold for a median £614,995, 8.9% more than existing ones.

Chelmsford, covering Althorne, Bicknacre and East and West Hanningfield, Boreham and The Leighs, Broomfield and The Walthams, Chelmer Village and Beaulieu Park, Chelmsford Rural West, Felsted & Stebbing, Hatfield Peverel & Terling.

New homes sold

9

1% of sales, last 12 months

New-build premium

+8.9%

Detached homes

Resold, vs market

+8.6%

Market +12.4%

Energy bills

~£755/yr

7% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Levett Lane, Hatfield PeverelCM3 2GR · detached · 6 sold · latest Apr 2026
£580k–£810k£4,532/m²
Waterside Close, Chelmsford GardenCM3 3QP · detached · 7 sold · latest Nov 2025
£585k–£900k£5,519/m²
Drury Grove, Hatfield PeverelCM3 2GL · detached · 6 sold · latest Oct 2025
£632k–£705k£4,509/m²
Hawthorn Close, BicknacreCM3 4FQ · detached, semi-detached, terraced · 9 sold · latest Sept 2025
£500k–£725k£4,642/m²
Shelley Gardens, Hatfield PeverelCM3 2GU · detached · 8 sold · latest Sept 2025
£549k–£655k£4,610/m²
Hilton Drive, Hatfield PeverelCM3 2GN · detached · 6 sold · latest Sept 2025
£363k–£750k£5,329/m²
Bury Lane, Hatfield PeverelCM3 2DJ · detached · 8 sold · latest Sept 2025
£565k–£690k£4,568/m²
Priory Corner, BicknacreCM3 4EY, CM3 4HA · terraced · 4 sold · latest Feb 2025
£250k–£375k£3,340/m²
Sparkes Avenue, Hatfield PeverelCM3 2GW · detached · 3 sold · latest Feb 2025
£376k–£490k£5,904/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+8.9%

New £615k · existing £565k

63 new-build sales

Semi-detached

+19.6%

New £470k · existing £393k

5 new-build sales

Terraced

-16.5%

New £271k · existing £325k

6 new-build sales

Resale

Do new builds in CM3 hold their value?

Bought new, resold

+8.6%

Local market, same years

+12.4%

Kept pace

77 of 196

Typically held 4.7 years

Homes in CM3 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£755/yr

Typical 137 m² home

Typical rating

EPC B

Solar panels

7%

of homes

Heat pumps

0%

of homes

From the energy certificates of 56 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in CM3?

Over the last two years, new detached homes in CM3 sold for a median £614,995 against £564,750 for existing ones, a difference of +8.9%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in CM3 hold their value?

196 homes in CM3 bought new and later resold changed by a median +8.6%, typically after 4.7 years. The local market moved +12.4% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in CM3?

Recent new-build sales recorded by Land Registry in CM3 include Levett Lane, Hatfield Peverel, Waterside Close, Chelmsford Garden, Drury Grove, Hatfield Peverel, Hawthorn Close, Bicknacre, Shelley Gardens, Hatfield Peverel. New streets appear once the first homes complete.

How do I know if a new build in CM3 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers