Feb 07, 2023 by HM

House prices in Springfield (CM2 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Springfield (CM2 6).

Price per square metre

Knowing the average house price in Springfield is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 97, Springfield Park Avenue, Springfield, Chelmsford, sold for £345,000 on Oct-2023. Given the internal area of 78 square metres, the price per sqm is £4,423.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,250-£5,500, £5,500-£5,750, £5,750-£6,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 410 sales in Springfield (CM2 6) that took place in the last two years.

Distribution of £ per sqm for Springfield (CM2 6)
Distribution of £ per sqm house prices in Springfield

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Springfield (CM2 6). Of the 410 transactions, half were sold for between £4,250 and £5,380 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,380m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CM2 6' is £4,800. The table below shows how 'CM2 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CM2 6 Springfield £4,250m2 £4,800m2 £5,380m2
CM2 9 Chelmsford £4,160m2 £4,740m2 £5,280m2
CM2 0 Chelmsford £3,800m2 £4,560m2 £5,180m2
CM2 7 Great Baddow £3,990m2 £4,380m2 £4,850m2
CM2 8 Galleywood £3,890m2 £4,400m2 £5,070m2

Will Springfield house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for CM2 6 (Springfield). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CM2 6 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Springfield (CM2 6) over time
House price trends for Springfield

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Springfield and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Springfield data or any other data I am given.

Price map for Springfield

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Springfield. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

Property price heatmap for Springfield
House price heatmap for Springfield

Street level data

Street Avg size Avg £/m2 Recent sales
Springfield Road, Springfield, CM2 6J 54m2 £3,842 29
Springfield Road, Springfield, CM2 6A 110m2 £4,329 23
Ramshaw Drive, Springfield, CM2 6U 54m2 £4,271 21
Pollards Green, Springfield, CM2 6U 72m2 £4,594 21
Eglinton Drive, Springfield, CM2 6Y 88m2 £4,107 19
Jeffcut Road, Springfield, CM2 6X 46m2 £4,275 19
Colyers Reach, Springfield, CM2 6R 45m2 £4,584 18
Beeleigh Link, Springfield, CM2 6P 73m2 £4,155 17

Search for your street here.

Raw data

Our analysis of Springfield is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
97, Springfield Park Avenue, Springfield, Chelmsford £345,000
78 4,423
272, Springfield Rd, Springfield, Chelmsford £1,250,000
241 5,186
64, Hill Rd, Springfield, Chelmsford £825,000
178 4,634

See the entire list of all sales in Springfield (CM2 6) here.


HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.