Petrel Way - CM2 8XH
Key Street Insights
Petrel Way is a residential street with 39 addresses.
It ranks as the 429th largest of the 649 streets in the CM2 area.
The street contains a total of 39 properties: 18 houses and 21 other properties.
- Ave. Sale Price
- £393,147
- 10 Year change
- up 18.4%
- Ave. Rental Price
- £1,807pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £396/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Street Insights
Petrel Way is a residential street with 39 addresses.
It ranks as the 429th largest of the 649 streets in the CM2 area.
The street contains a total of 39 properties: 18 houses and 21 other properties.
- Ave. Sale Price
- £393,147
- 10 Year change
- up 18.4%
- Ave. Rental Price
- £1,807pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £396/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Properties on 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 0.4%.
The current average value in the street is £393,147.
The Petrel Way Sales Market has increased by 18.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.5% | £393,147 |
| July 2025 | 1% | £399,142 |
| July 2024 | -1.1% | £395,328 |
| July 2023 | -2.1% | £399,655 |
| July 2022 | 9.1% | £408,268 |
| July 2021 | 5.9% | £374,170 |
| July 2020 | 1.6% | £353,368 |
| July 2019 | -0.1% | £347,655 |
| July 2018 | 1.2% | £348,159 |
| July 2017 | 3.6% | £343,998 |
| July 2016 | 12.3% | £331,997 |
| July 2015 | 11.6% | £295,717 |
| July 2014 | 10.9% | £264,929 |
| July 2013 | 2.6% | £238,956 |
| July 2012 | 0.9% | £232,793 |
| July 2011 | -0.7% | £230,699 |
| July 2010 | 8.4% | £232,221 |
| July 2009 | -7.2% | £214,273 |
| July 2008 | -2.8% | £230,924 |
| July 2007 | 0% | £237,626 |
Rental Market Trends
The current average rental value in the street is £1,807.
The Petrel Way Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.8% | £1,807pcm |
| July 2025 | 4.9% | £1,741pcm |
| July 2024 | 7.3% | £1,659pcm |
| July 2023 | 10.9% | £1,546pcm |
| July 2022 | 7.5% | £1,394pcm |
| July 2021 | 6.8% | £1,297pcm |
| July 2020 | 1.7% | £1,215pcm |
| July 2019 | 1.2% | £1,195pcm |
| July 2018 | 1.2% | £1,181pcm |
| July 2017 | 2.2% | £1,167pcm |
| July 2016 | 4.2% | £1,142pcm |
| July 2015 | 5.8% | £1,097pcm |
| July 2014 | 4.6% | £1,036pcm |
| July 2013 | 2.6% | £991pcm |
| July 2012 | 1.5% | £966pcm |
| July 2011 | 3.7% | £952pcm |
| July 2010 | 7.4% | £918pcm |
| July 2009 | -5.5% | £855pcm |
| July 2008 | 3% | £904pcm |
| July 2007 | 0% | £878pcm |
Sales History
The last recorded sale was on 30th May 2024 for £297,500 and since then the market in the area has decreased by 0.4%.
Petrel Way, Chelmsford, CM2 has had 3 sales since 1995, with 3 in the last three years and none 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
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 253rd 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
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been 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
