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15 Petrel Way, Chelmsford, Essex, CM2 8XH

How much is 15 Petrel Way, Chelmsford, Essex, CM2 8XH worth?

Estimated value — November 2026

£412,000

Likely range £338,000 – £502,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale June 1998

65%

confidence

High

Typically within 9% of the sale price

Property details

Semi-detached house

Petrel Way · Chelmsford · CM2 8XH

Address

District
Chelmsford
County
Essex
See house prices in CM2 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£200k£400k£600k20002002200420062008201020122014201620182020202220242026£412,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£111,457£96,410 – £129,275
2001£126,113£108,123 – £146,231
2002£161,346£137,145 – £187,980
2003£180,049£151,812 – £211,144
2004£198,121£165,973 – £232,885
2005£200,923£167,529 – £236,263
2006£215,122£178,430 – £253,446
2007£236,171£194,543 – £279,434
2008£200,975£164,476 – £238,788
2009£213,736£173,988 – £255,154
2010£222,183£180,608 – £266,547
2011£221,388£180,059 – £266,838
2012£229,666£186,790 – £278,581
2013£239,659£195,064 – £291,659
2014£272,359£243,702 – £307,212
2015£296,312£263,246 – £336,528
2016£318,859£281,243 – £364,608
2017£338,495£296,404 – £389,686
2018£344,571£299,528 – £399,354
2019£346,082£298,634 – £403,789
2020£351,289£300,887 – £412,588
2021£383,177£325,757 – £453,013
2022£413,834£349,181 – £492,467
2023£392,181£328,410 – £469,741
2024£399,083£331,644 – £481,103
2025£414,163£341,535 – £502,494
2026£412,000£338,000 – £502,000

Sale history

1998Sold
£80,000
2026Today — estimated
+415%£412,000

Mortgage calculator

£2,211

Estimated monthly repayment

£370,800

Loan amount

£425,242

Total interest

£796,042

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

15 Petrel Way, Chelmsford, Essex, CM2 8XH is a semi-detached house on Petrel Way in Chelmsford, Essex. Stede's estimated value for November 2026 is £412,000. Four in five similar homes sold within their likely range when tested; for this property that range is £338,000 to £502,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 104 similar homes in the same postcode sector (25%). The confidence score is 65 out of 100 (high): estimates like this one are typically within 9% of the eventual sale price.

It last sold in June 1998 for £80,000. The current estimate is 415% higher than that price. The current owner has held it for about 28 years.

The modelled value is unchanged over the past year and up 8% over the past five years.

Among 10 nearby properties Stede tracks in the CM2 area, estimated values run from £406,000 to £558,000. This semi-detached house's £412,000 sits toward the lower end of that range.

Common questions

How much is 15 Petrel Way, Chelmsford, Essex, CM2 8XH worth?

Stede estimates 15 Petrel Way, Chelmsford, Essex, CM2 8XH is worth £412,000 as of November 2026, within a likely range of £338,000 to £502,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 15 Petrel Way, Chelmsford, Essex, CM2 8XH last sell?

It last sold in June 1998 for £80,000.

What type of property is 15 Petrel Way, Chelmsford, Essex, CM2 8XH?

It is recorded as a Semi-detached house on Petrel Way in the CM2 postcode area.

How reliable is this estimate?

The confidence score is 65 out of 100 (high). Tested against real sales of similar homes, estimates like this one are typically within 9% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 104 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 26,680 real sales of similar homes.

  • Its sale in June 1998, brought up to today with the House Price Index£403,62075%
  • 104 similar homes sold recently in the same postcode sector£438,02025%

Estimate £412,000, likely £338,000 – £502,000

Read the full methodology and data sources →