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Falcon Way is a residential street with 9 addresses.
It ranks as the 98th largest and 231st most expensive of the 649 streets in the CM2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 9 properties: 9 houses.
Falcon Way is a residential street with 9 addresses.
It ranks as the 98th largest and 231st most expensive of the 649 streets in the CM2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 9 properties: 9 houses.
Sale prices range from £251,062 for 3 bedroom leasehold houses with a garden (893 ft2) to £461,077 for 4 bedroom freehold houses with a garden (1,431 ft2) .
Monthly rental prices range from £1,211 pcm for 3 bed houses to £2,046 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 5.8%.
The average value per square foot is £391.
The last sale on Falcon Way sold for £300,000 on 13th August 2014. Since then prices are up an average of 48.9%.
The current average value in the street is £380,724.
The Falcon Way Sales Market has increased by 21.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £380,724 |
| May 2025 | 0.7% | £383,870 |
| May 2024 | -1.7% | £381,017 |
| May 2023 | -0.4% | £387,450 |
| May 2022 | 9.4% | £388,958 |
| May 2021 | 5.3% | £355,385 |
| May 2020 | 0.2% | £337,653 |
| May 2019 | 0.9% | £336,925 |
| May 2018 | 1.3% | £333,755 |
| May 2017 | 5.3% | £329,531 |
| May 2016 | 12.3% | £312,932 |
| May 2015 | 11.2% | £278,717 |
| May 2014 | 10% | £250,659 |
| May 2013 | 0.9% | £227,960 |
| May 2012 | 1.8% | £226,029 |
| May 2011 | -0.1% | £222,121 |
| May 2010 | 8.9% | £222,441 |
| May 2009 | -9.3% | £204,209 |
| May 2008 | -0.1% | £225,063 |
| May 2007 | 0% | £225,304 |
The current average rental value in the street is £1,771.
The Falcon Way Rental Market has increased by 57.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.6% | £1,771pcm |
| May 2025 | 5% | £1,710pcm |
| May 2024 | 8.6% | £1,629pcm |
| May 2023 | 10.6% | £1,501pcm |
| May 2022 | 6.9% | £1,357pcm |
| May 2021 | 5.9% | £1,269pcm |
| May 2020 | 1.4% | £1,198pcm |
| May 2019 | 1.8% | £1,182pcm |
| May 2018 | 0.2% | £1,162pcm |
| May 2017 | 3.3% | £1,160pcm |
| May 2016 | 5% | £1,122pcm |
| May 2015 | 4.9% | £1,069pcm |
| May 2014 | 4.6% | £1,019pcm |
| May 2013 | 1.8% | £974pcm |
| May 2012 | 2.1% | £956pcm |
| May 2011 | 4.1% | £936pcm |
| May 2010 | 6.5% | £899pcm |
| May 2009 | -5.7% | £845pcm |
| May 2008 | 5% | £896pcm |
| May 2007 | 0% | £854pcm |
The last sale was on 13th August 2014 for £300,000 and since then the market in the area has increased by 48.9%. The street has had a total of 3 sales since 1995.
Falcon Way, Chelmsford, CM2 has seen no sales in the last three years and no sales in the last twelve months.
Falcon Way, Chelmsford, CM2 is the 98th largest and the 231st most expensive street in the CM2 area.
There is 1 postcode on Falcon Way, Chelmsford, CM2.
The closest station to Falcon Way, Chelmsford, CM2 is Chelmsford station which is 2.5 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Falcon Way, Chelmsford, CM2, 66.7% of property is privately owned outright and 26.5% is privately owned with a mortgage.
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 Falcon Way, Chelmsford, CM2, 15.2% of residents are recorded as possessing school level qualifications and 24.7% 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 Falcon Way, Chelmsford, CM2, the average age was 41.7 and the most common age was 47.
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 Falcon Way, Chelmsford, CM2, 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 Falcon Way, Chelmsford, CM2, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.