Stede Logo

Stede

38 Salerno Way, Chelmsford, Essex, CM1 2EH

How much is 38 Salerno Way, Chelmsford, Essex, CM1 2EH worth?

Estimated value — November 2026

£236,000

Likely range £161,000 – £317,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale August 1997

42%

confidence

Low

Typically within 15% of the sale price

Property details

Semi-detached house

Salerno Way · Chelmsford · CM1 2EH

Address

District
Chelmsford
County
Essex
See house prices in CM1 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k£400k20002002200420062008201020122014201620182020202220242026£236,000

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£51,163£43,126 – £60,031
2001£58,435£48,541 – £69,065
2002£75,457£61,802 – £90,118
2003£84,984£68,703 – £102,189
2004£94,377£75,464 – £113,893
2005£96,586£76,370 – £117,157
2006£104,349£81,432 – £127,481
2007£115,591£88,991 – £142,358
2008£99,247£75,491 – £123,136
2009£106,487£80,253 – £133,285
2010£111,673£83,725 – £140,828
2011£112,249£83,589 – £142,903
2012£117,463£86,987 – £150,690
2013£123,635£101,506 – £147,535
2014£141,712£114,794 – £170,783
2015£155,493£124,254 – £189,232
2016£168,749£132,997 – £207,361
2017£180,652£140,399 – £224,126
2018£185,437£142,085 – £232,257
2019£187,802£141,839 – £237,442
2020£192,210£143,062 – £245,290
2021£211,383£155,016 – £272,259
2022£230,164£166,267 – £299,173
2023£219,895£156,439 – £288,427
2024£225,578£158,010 – £298,551
2025£235,984£162,713 – £315,117
2026£236,000£161,000 – £317,000

Sale history

1997Sold
£32,760
2026Today — estimated
+620%£236,000

Mortgage calculator

£1,267

Estimated monthly repayment

£212,400

Loan amount

£243,585

Total interest

£455,985

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

38 Salerno Way, Chelmsford, Essex, CM1 2EH is a semi-detached house on Salerno Way in Chelmsford, Essex. Stede's estimated value for November 2026 is £236,000. Four in five similar homes sold within their likely range when tested; for this property that range is £161,000 to £317,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 136 similar homes in the same postcode sector (25%). The confidence score is 42 out of 100 (low): estimates like this one are typically within 15% of the eventual sale price.

It last sold in August 1997 for £32,760. The current estimate is 620% higher than that price. The current owner has held it for about 29 years.

The modelled value is up 1% over the past year and up 13% over the past five years.

Among 10 nearby properties Stede tracks in the CM1 area, estimated values run from £346,000 to £430,000. This semi-detached house's £236,000 sits below that range.

Common questions

How much is 38 Salerno Way, Chelmsford, Essex, CM1 2EH worth?

Stede estimates 38 Salerno Way, Chelmsford, Essex, CM1 2EH is worth £236,000 as of November 2026, within a likely range of £161,000 to £317,000. 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 38 Salerno Way, Chelmsford, Essex, CM1 2EH last sell?

It last sold in August 1997 for £32,760.

What type of property is 38 Salerno Way, Chelmsford, Essex, CM1 2EH?

It is recorded as a Semi-detached house on Salerno Way in the CM1 postcode area.

How reliable is this estimate?

The confidence score is 42 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 15% 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 136 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 21,281 real sales of similar homes.

  • Its sale in August 1997, brought up to today with the House Price Index£179,73575%
  • 136 similar homes sold recently in the same postcode sector£406,08025%

Estimate £236,000, likely £161,000 – £317,000

Read the full methodology and data sources →