What can you afford in Chelmsford?
2,056 homes changed hands in Chelmsford over the last 12 months (Jul 2025 – Jun 2026). Half sold for £405,000 or less, a quarter for under £315,000, and three quarters for under £535,000. Buying the median home with a 10% deposit needs roughly a £81,000 salary at the typical 4.5× lending multiple , see what £81,000 takes home.
Affordability in one number: the median home here sold for 8.8× the local median full-time salary of £46,179 (ONS ASHE 2025). A typical lender stretches to about 4.5× one income plus your deposit, which is why the deposit and second incomes decide so much here.
Sold prices · Chelmsford
£405,000
median sold price, Jul 2025 – Jun 2026
- A quarter under
- £315,000
- Three quarters under
- £535,000
- Sales
- 2,056
- HPI average
- £382,131
What each salary reaches here
Budget = 4.5× salary with a 10% deposit, against the 2,056 actual sales.
| Salary | Budget | Share of sales in reach |
|---|---|---|
| £25,000 | £125,000 | 2.4% |
| £35,000 | £175,000 | 4.8% |
| £50,000 | £250,000 | 15.7% |
| £75,000 | £375,000 | 41.7% |
| £100,000 | £500,000 | 70% |
By property type · median sold price
And the salary that price implies, at 4.5× with 10% down.
| Type | Median · sales | Salary needed |
|---|---|---|
| Flat | £219,000 · 402 | ≈£43,800 |
| Terraced house | £357,750 · 478 | ≈£71,550 |
| Semi-detached house | £435,000 · 586 | ≈£87,000 |
| Detached house | £596,000 · 590 | ≈£119,200 |
For context, the UK House Price Index puts Chelmsford average prices up 0.4% over 12 months.
Nearby in the index
- Carmarthenshire
- Castle Point
- Central Bedfordshire
- Ceredigion
- Charnwood
- Cheltenham
- Cherwell
- Cheshire East
- Cheshire West and Chester
- Chesterfield
Sold prices: HM Land Registry Price Paid Data (standard residential sales), Jul 2025 – Jun 2026, standard residential sales, England & Wales. Averages: UK House Price Index (HM Land Registry / ONS). Lending estimates use a typical 4.5× single-income multiple and are not a mortgage offer or financial advice.