Petrel Way - CM2 8XH
Key Street Insights
Petrel Way is a residential street with 39 addresses.
It ranks as the 429th largest and 247th most expensive of the 649 streets in the CM2 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 39 properties: 39 houses.
- Ave. Sale Price
- £393,397
- 10 Year change
- up 19.0%
- Ave. Rental Price
- £1,782pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £397/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Street Insights
Petrel Way is a residential street with 39 addresses.
It ranks as the 429th largest and 247th most expensive of the 649 streets in the CM2 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 39 properties: 39 houses.
- Ave. Sale Price
- £393,397
- 10 Year change
- up 19.0%
- Ave. Rental Price
- £1,782pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £397/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertieson Petrel Way, Chelmsford, CM2
- 1 Petrel Way
4 Bed Mid-century House
- 2 Petrel Way
House
- 3 Petrel Way
House
- 4 Petrel Way
3 Bed Mid-century House
- 5 Petrel Way
House
Sales Market Trends
The last sale on Petrel Way sold for £297,500 on 30th May 2024. Since then prices are down an average of 0.9%.
The current average value in the street is £393,397.
The Petrel Way Sales Market has increased by 19.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £393,397 |
| June 2025 | 1% | £401,219 |
| June 2024 | -1.1% | £397,134 |
| June 2023 | -1.7% | £401,518 |
| June 2022 | 9.6% | £408,296 |
| June 2021 | 5.7% | £372,698 |
| June 2020 | 0.6% | £352,740 |
| June 2019 | 0.6% | £350,510 |
| June 2018 | 1.2% | £348,337 |
| June 2017 | 4.1% | £344,313 |
| June 2016 | 12.6% | £330,626 |
| June 2015 | 11.5% | £293,584 |
| June 2014 | 11% | £263,225 |
| June 2013 | 1.7% | £237,062 |
| June 2012 | 1.2% | £233,028 |
| June 2011 | -0.9% | £230,190 |
| June 2010 | 9.2% | £232,238 |
| June 2009 | -8.5% | £212,581 |
| June 2008 | -2% | £232,417 |
| June 2007 | 0% | £237,057 |
Rental Market Trends
The current average rental value in the street is £1,782.
The Petrel Way Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,782pcm |
| June 2025 | 5.2% | £1,717pcm |
| June 2024 | 8.1% | £1,632pcm |
| June 2023 | 10.5% | £1,509pcm |
| June 2022 | 7.3% | £1,365pcm |
| June 2021 | 6.3% | £1,273pcm |
| June 2020 | 1.2% | £1,197pcm |
| June 2019 | 1.6% | £1,182pcm |
| June 2018 | 0.8% | £1,163pcm |
| June 2017 | 2.5% | £1,154pcm |
| June 2016 | 4.9% | £1,126pcm |
| June 2015 | 5.4% | £1,074pcm |
| June 2014 | 5.3% | £1,019pcm |
| June 2013 | 2% | £968pcm |
| June 2012 | 1.8% | £949pcm |
| June 2011 | 3.5% | £932pcm |
| June 2010 | 7.5% | £901pcm |
| June 2009 | -6% | £838pcm |
| June 2008 | 3.6% | £892pcm |
| June 2007 | 0% | £861pcm |
Sales History
The last sale was on 30th May 2024 for £297,500 and since then the market in the area has decreased by 0.9%. The street has had a total of 26 sales since 1995.
Petrel Way, Chelmsford, CM2 has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold May 2024£297,500 | 3 Bed House4, Petrel Way, Chelmsford, CM2 8XH4, Petrel Way, Chelmsford, CM2 8XH
- Sold Jan 2024£435,000 | 4 Bed House12, Petrel Way, Chelmsford, CM2 8XH12, Petrel Way, Chelmsford, CM2 8XH
- Sold Jul 2023£410,000 | 4 Bed House24, Petrel Way, Chelmsford, CM2 8XH24, Petrel Way, Chelmsford, CM2 8XH
- Sold May 2022£430,000 | 3 Bed House43, Petrel Way, Chelmsford, CM2 8XH43, Petrel Way, Chelmsford, CM2 8XH
- Sold Jan 2020£418,000 | 4 Bed House35, Petrel Way, Chelmsford, CM2 8XH35, Petrel Way, Chelmsford, CM2 8XH
Top 3 Most Expensive Sales
- Sold Jul 2019£435,000 | 4 Bed House26, Petrel Way, Chelmsford, CM2 8XH26, Petrel Way, Chelmsford, CM2 8XH
- Sold Jan 2024£435,000 | 4 Bed House12, Petrel Way, Chelmsford, CM2 8XH12, Petrel Way, Chelmsford, CM2 8XH
- Sold May 2022£430,000 | 3 Bed House43, Petrel Way, Chelmsford, CM2 8XH43, Petrel Way, Chelmsford, CM2 8XH
Nearby Streets
Petrel Way, Chelmsford, CM2 is the 429th largest and the 247th most expensive street in the CM2 area.
- Hawthorn Close, Chelmsford, CM216 Addresses|54 m away
- Sandpiper Walk, Chelmsford, CM215 Addresses|57 m away
- Palm Close, Chelmsford, CM210 Addresses|112 m away
- Orchard Close, Chelmsford, CM223 Addresses|115 m away
- Lime Walk, Chelmsford, CM2119 Addresses|131 m away
- Firecrest Road, Chelmsford, CM263 Addresses|132 m away
Property Types
- 2 modern houses built after 1980
- 15 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 21 other addresses of unknown type
- modern house (2)
- mid-century house (15)
- house (1)
- Unknown (21)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is D.
- A (1)
- E (0)
- B (1)
- F (0)
- C (6)
- G (0)
- D (9)
- No EPC (22)
Schools Nearby
- Beehive Lane Community Primary School300 m away
- Mildmay Primary School600 m away
- Moulsham Infant School900 m away
- Great Baddow High School600 m away
- Moulsham High School700 m away
- The Sandon School2.7 km away
More reading links
Public Transport Nearby
The closest station to Petrel Way, Chelmsford, CM2 - CM2 8XH is Chelmsford station, which is 2.6 kilometres away.
- Chelmsford|2.6 km away
- Beaulieu Park|5.6 km away
- Ingatestone|8.2 km away
