Mortgages · Chelmsford

Mortgages in Chelmsford. The typical home needs £37,668 down.

The average home in Chelmsford is £376,682 in the UK House Price Index for August 2026, down 2.4% on a year earlier. With a 10% deposit of £37,668, you would borrow £339,014.

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Mortgages in Chelmsford: a Homie illustration

£376,682average home, UK HPI
£37,66810% deposit
£75,336household income at 4.5× the loan
£3,834stamp duty for a first-time buyer

The short answer

Mortgages in Chelmsford, in 30 seconds

The price: The average home in Chelmsford is £376,682.
The deposit: 10% is £37,668. 5% deposit mortgages exist, but the rates are higher.
The income: Many lenders cap borrowing at around 4.5 times income, so a £339,014 loan needs roughly £75,336 a year, alone or jointly.
The advice: A free consultation with a specialist adviser looks at deals across the market for your own numbers.

Ten years of prices

Chelmsford house prices since 2016

From £305,967 to £376,682. Up 10.1% over five years.

Average price each year to August 2026, Chelmsford.

Nearby

How Chelmsford compares with its neighbours

Average home in each council area, with the change over five years.

Brentwood £522,672+10.8%
Chelmsford £376,682+10.1%
Basildon £366,218+11.7%
Braintree £330,089+12.1%
Colchester £294,210+7.1%
Clacton-on-Sea £260,636+6.3%

FAQ

Mortgages in Chelmsford: your questions

How much deposit do I need to buy in Chelmsford?

At the average price of £376,682, a 10% deposit is £37,668 and 5% is £18,834. A bigger deposit usually unlocks lower rates.

What salary do I need for a mortgage in Chelmsford?

With 10% down on the average home, the loan is £339,014. At 4.5 times income that means around £75,336 a year. Each lender sets its own limits, so treat this as a starting point.

Have Chelmsford house prices gone up?

Over five years the average home is up 10.1%, and over the last year it is down 2.4%.

How do Chelmsford house prices compare with nearby towns?

The average home in Chelmsford is £376,682. It costs more in Brentwood (£522,672). It costs less in Colchester (£294,210) and Clacton-on-Sea (£260,636).

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