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38 Wallace Crescent, Chelmsford, Essex, CM2 9QL

How much is 38 Wallace Crescent, Chelmsford, Essex, CM2 9QL worth?

Estimated value — November 2026

£363,000

Likely range £284,000 – £425,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale September 1995

61%

confidence

Medium

Typically within 10% of the sale price

Property details

Semi-detached house

Wallace Crescent · Chelmsford · CM2 9QL

Address

District
Chelmsford
County
Essex
See house prices in CM2 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k£400k£500k20002002200420062008201020122014201620182020202220242026£363,000

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£103,444£86,779 – £120,211
2001£116,822£97,148 – £136,085
2002£149,170£123,250 – £173,494
2003£166,139£136,392 – £193,241
2004£182,459£148,553 – £212,674
2005£184,678£149,011 – £216,068
2006£197,341£158,064 – £231,452
2007£216,223£172,293 – £254,810
2008£183,635£146,299 – £217,031
2009£194,908£154,941 – £231,607
2010£202,206£160,622 – £241,289
2011£201,079£178,078 – £219,130
2012£208,177£182,899 – £228,016
2013£216,797£188,946 – £238,655
2014£245,878£212,560 – £272,026
2015£266,958£228,904 – £296,823
2016£286,682£243,799 – £320,337
2017£303,712£256,143 – £341,044
2018£308,526£258,032 – £348,154
2019£309,238£256,450 – £350,666
2020£313,236£257,561 – £356,930
2021£340,956£277,954 – £390,401
2022£367,463£296,976 – £422,782
2023£347,503£278,399 – £401,737
2024£352,868£280,213 – £409,888
2025£365,425£287,612 – £426,493
2026£363,000£284,000 – £425,000

Sale history

1995Sold
£58,000
2026Today — estimated
+526%£363,000

Mortgage calculator

£1,948

Estimated monthly repayment

£326,700

Loan amount

£374,667

Total interest

£701,367

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 Wallace Crescent, Chelmsford, Essex, CM2 9QL is a semi-detached house on Wallace Crescent in Chelmsford, Essex. Stede's estimated value for November 2026 is £363,000. Four in five similar homes sold within their likely range when tested; for this property that range is £284,000 to £425,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 3 similar homes in the same postcode (25%). The confidence score is 61 out of 100 (medium): estimates like this one are typically within 10% of the eventual sale price.

It last sold in September 1995 for £58,000. The current estimate is 526% higher than that price. The current owner has held it for about 31 years.

The modelled value is unchanged over the past year and up 7% over the past five years.

Among 10 nearby properties Stede tracks in the CM2 area, estimated values run from £331,000 to £398,000. This semi-detached house's £363,000 sits around the middle of that range.

Common questions

How much is 38 Wallace Crescent, Chelmsford, Essex, CM2 9QL worth?

Stede estimates 38 Wallace Crescent, Chelmsford, Essex, CM2 9QL is worth £363,000 as of November 2026, within a likely range of £284,000 to £425,000. 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 Wallace Crescent, Chelmsford, Essex, CM2 9QL last sell?

It last sold in September 1995 for £58,000.

What type of property is 38 Wallace Crescent, Chelmsford, Essex, CM2 9QL?

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

How reliable is this estimate?

The confidence score is 61 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 10% 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 3 similar homes in the same postcode (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 58,473 real sales of similar homes.

  • Its sale in September 1995, brought up to today with the House Price Index£379,40975%
  • 3 similar homes sold recently in the same postcode£315,04525%

Estimate £363,000, likely £284,000 – £425,000

Read the full methodology and data sources →