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40 Skerry Rise, Chelmsford, Essex, CM1 4EG

How much is 40 Skerry Rise, Chelmsford, Essex, CM1 4EG worth?

Estimated value — November 2026

£371,000

Likely range £304,000 – £452,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale December 1995

65%

confidence

High

Typically within 9% of the sale price

Property details

Semi-detached house

Skerry Rise · Chelmsford · CM1 4EG

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£400k£500k20002002200420062008201020122014201620182020202220242026£371,000

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£101,984£86,368 – £119,186
2001£115,326£96,891 – £135,485
2002£147,455£123,249 – £173,118
2003£164,448£136,845 – £193,256
2004£180,845£149,549 – £213,070
2005£183,291£150,369 – £217,213
2006£196,124£159,972 – £233,029
2007£215,182£174,534 – £257,440
2008£183,001£148,752 – £219,667
2009£194,502£157,916 – £234,957
2010£202,063£164,189 – £245,853
2011£201,216£182,257 – £224,137
2012£208,610£187,726 – £233,858
2013£217,551£194,491 – £245,430
2014£247,081£219,435 – £280,503
2015£268,643£237,003 – £306,895
2016£288,902£253,174 – £332,095
2017£306,500£266,791 – £354,506
2018£311,805£269,573 – £362,862
2019£312,975£268,741 – £366,452
2020£317,481£270,741 – £373,988
2021£346,080£293,091 – £410,141
2022£373,531£314,139 – £445,333
2023£353,760£295,429 – £424,280
2024£359,754£298,316 – £434,030
2025£373,108£307,192 – £452,797
2026£371,000£304,000 – £452,000

Sale history

1995Sold
£44,000
1995Sold
+27%£56,000
2026Today — estimated
+563%£371,000

Mortgage calculator

£1,991

Estimated monthly repayment

£333,900

Loan amount

£382,924

Total interest

£716,824

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

40 Skerry Rise, Chelmsford, Essex, CM1 4EG is a semi-detached house on Skerry Rise in Chelmsford, Essex. Stede's estimated value for November 2026 is £371,000. Four in five similar homes sold within their likely range when tested; for this property that range is £304,000 to £452,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 4 similar homes in the same postcode (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 December 1995 for £56,000. It has 2 sales on record, the earliest in 1995. The current estimate is 563% 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 8% over the past five years.

Among 10 nearby properties Stede tracks in the CM1 area, estimated values run from £337,000 to £398,000. This semi-detached house's £371,000 sits around the middle of that range.

Common questions

How much is 40 Skerry Rise, Chelmsford, Essex, CM1 4EG worth?

Stede estimates 40 Skerry Rise, Chelmsford, Essex, CM1 4EG is worth £371,000 as of November 2026, within a likely range of £304,000 to £452,000. 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 40 Skerry Rise, Chelmsford, Essex, CM1 4EG last sell?

It last sold in December 1995 for £56,000. There are 2 sales on record, the earliest in 1995.

What type of property is 40 Skerry Rise, Chelmsford, Essex, CM1 4EG?

It is recorded as a Semi-detached house on Skerry Rise in the CM1 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 4 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 26,680 real sales of similar homes.

  • Its sale in December 1995, brought up to today with the House Price Index£371,42675%
  • 4 similar homes sold recently in the same postcode£371,25825%

Estimate £371,000, likely £304,000 – £452,000

Read the full methodology and data sources →