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Elm Way is a residential street with 6 addresses.
It ranks as the 172nd largest and 311th most expensive of the 972 streets in the CM3 area. The dominant property type is a modern house built after 1980.
The street contains a total of 6 properties: 6 houses.
Elm Way is a residential street with 6 addresses.
It ranks as the 172nd largest and 311th most expensive of the 972 streets in the CM3 area. The dominant property type is a modern house built after 1980.
The street contains a total of 6 properties: 6 houses.
Sale prices range from £403,515 for 3 bedroom freehold houses with a garden (1,022 ft2) to £543,833 for 4 bedroom freehold houses with a garden (1,700 ft2) .
Monthly rental prices range from £1,929 pcm for 3 bed houses to £2,346 pcm for 4 bed houses.
The gross rental yield is between 5.2% and 5.7%.
The average value per square foot is £389.
The last sale on Elm Way sold for £545,000 on 10th April 2026. Since then prices have on average remained the same.
The current average value in the street is £449,801.
The Elm Way Sales Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £449,801 |
| May 2025 | 2.5% | £454,627 |
| May 2024 | -1.8% | £443,393 |
| May 2023 | -1% | £451,623 |
| May 2022 | 10.3% | £456,236 |
| May 2021 | 7.6% | £413,467 |
| May 2020 | -0.2% | £384,418 |
| May 2019 | 0.2% | £385,187 |
| May 2018 | 2.6% | £384,377 |
| May 2017 | 5.9% | £374,811 |
| May 2016 | 13% | £353,858 |
| May 2015 | 10.7% | £313,047 |
| May 2014 | 8.7% | £282,883 |
| May 2013 | -0.1% | £260,165 |
| May 2012 | 1.5% | £260,472 |
| May 2011 | 2.3% | £256,564 |
| May 2010 | 7.4% | £250,769 |
| May 2009 | -11.4% | £233,446 |
| May 2008 | 1.4% | £263,479 |
| May 2007 | 0% | £259,834 |
The current average rental value in the street is £2,068.
The Elm Way Rental Market has increased by 58.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.6% | £2,068pcm |
| May 2025 | 7.5% | £2,015pcm |
| May 2024 | 7.1% | £1,874pcm |
| May 2023 | 7.4% | £1,749pcm |
| May 2022 | 8.1% | £1,628pcm |
| May 2021 | 6.7% | £1,507pcm |
| May 2020 | 0.8% | £1,412pcm |
| May 2019 | 1% | £1,401pcm |
| May 2018 | 3.4% | £1,387pcm |
| May 2017 | 2.6% | £1,341pcm |
| May 2016 | 5.9% | £1,306pcm |
| May 2015 | 6.3% | £1,234pcm |
| May 2014 | 3.8% | £1,161pcm |
| May 2013 | -0.3% | £1,119pcm |
| May 2012 | 2.4% | £1,122pcm |
| May 2011 | 4% | £1,096pcm |
| May 2010 | 7.1% | £1,053pcm |
| May 2009 | -5.2% | £984pcm |
| May 2008 | 2.8% | £1,037pcm |
| May 2007 | 0% | £1,009pcm |
The last sale was on 10th April 2026 for £545,000 and since then the market in the area has remained stable. The street has had a total of 10 sales since 1995.
Elm Way, Latchingdon, Chelmsford, CM3 has seen 3 sales in the last three years and 2 sales in the last twelve months.
Elm Way, Latchingdon, Chelmsford, CM3 is the 172nd largest and the 311th most expensive street in the CM3 area.
There is 1 postcode on Elm Way, Latchingdon, Chelmsford, CM3.
The closest station to Elm Way, Latchingdon, Chelmsford, CM3 is Althorne (Essex) station which is 2.8 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Elm Way, Latchingdon, Chelmsford, CM3, 37.8% of property is privately owned with a mortgage and 26.0% is socially rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Elm Way, Latchingdon, Chelmsford, CM3, 18.2% of residents are recorded as possessing school level qualifications and 19.8% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Elm Way, Latchingdon, Chelmsford, CM3, the average age was 45.9 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Elm Way, Latchingdon, Chelmsford, CM3, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Elm Way, Latchingdon, Chelmsford, CM3, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.