Housing Market Analysis for MARCONI PLAZA, CM1 1GN

Are you looking to understand CM1 1GN house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Chelmsford postcode.

For the location information and nearby amenities in the CM1 1GN area, explore the CM1 1GN Area information page.
For comprehensive crime statistics in the CM1 1GN area, explore the CM1 1GN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 1GN postcode area, The average prices are as follows,

Flat
- The average price is around £213,904 median price is £208,995 Standard Deviation is £49,897 with Total Sold: 93
- The Last 5 Year average price is £226,600 with Total Sold: 10
- The most recent sale happened at this postcode is FLAT 29, WELLS CRESCENT MARCONI PLAZA: £245,000 (Sold on 09 Aug 2023)
- The first recorded sale happened at this postcode is FLAT 49, WELLS CRESCENT MARCONI PLAZA: £192,000 (Sold on 15 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 1GN house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£218,500	£4,083	2
2022	£275,000	£3,406	1
2021	£315,000		1
2020	£210,000	£3,889	1
2019	£205,800	£3,748	5
2018	£165,300	£4,124	3
2017	£231,700	£3,648	5
2016	£226,925	£3,304	4
2015	£185,375	£3,179	4
2014	£189,667	£3,181	9
2012	£242,500	£3,003	1
2010	£171,375	£2,701	4
2009	£59,400		1
2008	£170,000	£3,269	1
2007	£222,916	£3,693	35
2006	£228,561	£3,812	16

All the Sales in the MARCONI PLAZA, CM1 1GN

See the table below for more details on the sold house prices in the CM1 1GN, Chelmsford postcode.

Address	Sold Date	Price	% Change
FLAT 29, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-2002	09 Aug 2023	£245,000	-8.41%
	21 Dec 2006	£267,500	First Sale
FLAT 27, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 80.75 Sq.mtrAge: 2003-2006	24 Jun 2022	£275,000	14.58%
	19 Jun 2014	£240,000	-1.03%
	13 Jan 2012	£242,500	-3.00%
	03 Jan 2007	£250,000	First Sale
FLAT 1, WELLS CRESCENT MARCONI PLAZAFlat, Leasehold	24 Sep 2021	£315,000	6.78%
FLAT 1, WELLS CRESCENT MARCONI PLAZAFlat, Leasehold	29 Mar 2007	£295,000	First Sale
FLAT 40, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 54 Sq.mtrAge: INVALID!	12 Jun 2020	£210,000	1.94%
	11 Mar 2016	£206,000	-7.83%
	30 Mar 2007	£223,500	First Sale
FLAT 51, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 45.5 Sq.mtrAge: 2003-2006	12 Dec 2019	£200,000	2.56%
	13 Jul 2007	£195,000	First Sale
FLAT 23, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 52 Sq.mtrAge: 2003-2006	08 Nov 2019	£180,000	12.50%
	09 Jul 2014	£160,000	-28.89%
	31 May 2007	£225,000	First Sale
FLAT 48, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 50 Sq.mtrAge: 2003-2006	19 Jul 2019	£180,000	20.00%
	28 Mar 2014	£150,000	-28.91%
	20 Dec 2006	£210,995	First Sale
FLAT 14, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 47.4 Sq.mtrAge: 2007 onwards	05 Apr 2019	£189,000	45.11%
	13 Sep 2010	£130,250	-25.57%
	21 Dec 2006	£175,000	First Sale
FLAT 19, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 85 Sq.mtrAge: 2007 onwards	31 Jan 2019	£280,000	1.82%
	30 Mar 2007	£275,000	First Sale
FLAT 6, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 53 Sq.mtrAge: 2007-2011	28 Aug 2018	£210,000	20.00%
	23 May 2007	£175,000	First Sale
FLAT 34, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 49 Sq.mtrAge: 2003-2006	09 Aug 2018	£210,000	18.98%
	24 Aug 2015	£176,500	-1.94%
	29 May 2007	£180,000	First Sale
81, WELLS CRESCENT MARCONI PLAZAFlat, Leasehold	19 Feb 2018	£75,900	27.78%
81, WELLS CRESCENT MARCONI PLAZAFlat, Leasehold	04 Feb 2009	£59,400	First Sale
FLAT 45, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 97 Sq.mtrAge: 2003-2006	17 Nov 2017	£300,000	25.00%
	27 Jun 2014	£240,000	-9.30%
	20 Dec 2006	£264,600	First Sale
FLAT 21, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	23 Aug 2017	£202,500	19.12%
	08 May 2015	£170,000	-5.82%
	15 Jun 2007	£180,500	First Sale
FLAT 12, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 63 Sq.mtrAge: 2007 onwards	10 Apr 2017	£245,000	-2.00%
	22 Dec 2006	£249,995	First Sale
FLAT 43, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 76.33 Sq.mtrAge: 2007 onwards	18 Mar 2017	£216,000	-13.60%
	02 May 2007	£250,000	First Sale
FLAT 50, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 40 Sq.mtrAge: 2007 onwards	31 Jan 2017	£195,000	11.43%
	25 Jul 2014	£175,000	-7.89%
	30 Mar 2007	£190,000	First Sale
FLAT 26, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 88 Sq.mtrAge: 2007 onwards	01 Jul 2016	£296,700	18.68%
	21 Dec 2006	£250,000	First Sale
FLAT 25, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 53 Sq.mtrAge: 2012 onwards	20 May 2016	£190,000	5.56%
	29 Jun 2007	£180,000	First Sale
FLAT 44, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 88 Sq.mtrAge: 2007 onwards	11 Mar 2016	£215,000	-32.81%
	08 Jan 2007	£320,000	First Sale
FLAT 10, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 77 Sq.mtrAge: 2003-2006	04 Dec 2015	£225,000	-28.57%
	02 Jan 2007	£315,000	First Sale
FLAT 41, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 53 Sq.mtrAge: 2007 onwards	08 Jun 2015	£170,000	-3.95%
	29 Jun 2007	£177,000	First Sale
FLAT 20, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 52.2 Sq.mtrAge: 2003-2006	09 Dec 2014	£170,000	-15.00%
	31 May 2007	£200,000	First Sale
FLAT 11, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 79 Sq.mtrAge: 2007 onwards	04 Nov 2014	£250,000	42.86%
	09 Dec 2010	£175,000	-27.08%
	21 Dec 2006	£240,000	First Sale
FLAT 5, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 52 Sq.mtrAge: 2007-2011	29 Apr 2014	£175,000	2.94%
	27 Jun 2008	£170,000	-20.00%
	30 Mar 2007	£212,500	First Sale
FLAT 32, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 49.88 Sq.mtrAge: 2003-2006	14 Mar 2014	£147,000	-29.66%
	19 Dec 2006	£208,995	First Sale
FLAT 13, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 43.9 Sq.mtrAge: 2007 onwards	10 Nov 2010	£130,250	-25.57%
	21 Dec 2006	£175,000	First Sale
FLAT 36, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 87 Sq.mtrAge: 2007 onwards	02 Mar 2010	£250,000	-18.70%
	30 Mar 2007	£307,500	First Sale
FLAT 24, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 60 Sq.mtrAge: 2007 onwards	02 Oct 2007	£179,000	First Sale
FLAT 37, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	17 Sep 2007	£194,000	First Sale
FLAT 42, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 57.82 Sq.mtrAge: 2007 onwards	03 Sep 2007	£194,000	First Sale
FLAT 17, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 47.68 Sq.mtrAge: 2007 onwards	31 Aug 2007	£165,000	First Sale
FLAT 8, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	30 Jul 2007	£194,000	First Sale
FLAT 7, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 54 Sq.mtrAge: 2007-2011	29 Jun 2007	£194,000	First Sale
FLAT 33, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 52.5 Sq.mtrAge: 2003-2006	22 Jun 2007	£187,000	First Sale
FLAT 39, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 46 Sq.mtrAge: 2003-2006	27 Apr 2007	£214,810	First Sale
FLAT 3, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 53 Sq.mtrAge: 2007 onwards	27 Apr 2007	£184,850	First Sale
FLAT 16, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 55.41 Sq.mtrAge: 2007 onwards	30 Mar 2007	£180,000	First Sale
FLAT 35, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 86.04 Sq.mtrAge: 2007 onwards	30 Mar 2007	£311,000	First Sale
FLAT 18, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 92.8 Sq.mtrAge: 2007 onwards	30 Mar 2007	£330,000	First Sale
FLAT 22, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 52 Sq.mtrAge: 2007-2011	30 Mar 2007	£217,000	First Sale
FLAT 4, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 55.02 Sq.mtrAge: 2007 onwards	30 Mar 2007	£208,200	First Sale
FLAT 2, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 81 Sq.mtrAge: 2003-2006	29 Mar 2007	£285,000	First Sale
FLAT 38, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	23 Mar 2007	£202,215	First Sale
FLAT 47, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 46 Sq.mtrAge: 2003-2006	23 Jan 2007	£211,000	First Sale
FLAT 46, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 70.2 Sq.mtrAge: 2007 onwards	28 Dec 2006	£264,995	First Sale
FLAT 9, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 75 Sq.mtrAge: 2003-2006	27 Dec 2006	£250,000	First Sale
FLAT 30, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 43 Sq.mtrAge: 2003-2006	22 Dec 2006	£199,995	First Sale
FLAT 31, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 54.3 Sq.mtrAge: 2007 onwards	22 Dec 2006	£212,500	First Sale
FLAT 15, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 52 Sq.mtrAge: 2007 onwards	21 Dec 2006	£209,495	First Sale
FLAT 28, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 71.05 Sq.mtrAge: 2007 onwards	21 Dec 2006	£264,500	First Sale
FLAT 49, WELLS CRESCENT MARCONI PLAZAFlat, LeaseholdArea: 48 Sq.mtrAge: 2003-2006	15 Dec 2006	£213,400	11.15%
	15 Dec 2023	£192,000	First Sale

Check out the sold house prices near the CM1 1GN postcode. Properties currently for saleProperties currently for rent

MARCONI PLAZA, CM1 1GN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 1GN postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CM1 1GN postcode.

Detached
- The average price is around £384,620 median price is £310,000 Standard Deviation is £273,819 with Total Sold: 162
- The Last 5 Year average price is £608,986 with Total Sold: 29
- The most recent sale happened at this postcode is , 4 VALLETTA CLOSE: £885,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 1 PRIMROSE HILL: £80,000 (Sold on 21 Jul 1995)
Flat
- The average price is around £200,627 median price is £203,674 Standard Deviation is £80,618 with Total Sold: 2,500
- The Last 5 Year average price is £242,317 with Total Sold: 538
- The most recent sale happened at this postcode is 4, HODGE COURT BROOMFIELD ROAD: £195,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 98 COVAL LANE: £15,000 (Sold on 17 Jan 1995)
Terraced
- The average price is around £201,916 median price is £187,000 Standard Deviation is £116,982 with Total Sold: 1,117
- The Last 5 Year average price is £354,606 with Total Sold: 191
- The most recent sale happened at this postcode is , 83 SOUTH PRIMROSE HILL: £432,500 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 16 VICTORIA CRESCENT: £57,000 (Sold on 17 Jan 1995)
Semi-Detached
- The average price is around £221,265 median price is £198,250 Standard Deviation is £134,453 with Total Sold: 372
- The Last 5 Year average price is £401,366 with Total Sold: 44
- The most recent sale happened at this postcode is , 26 PRYKES DRIVE: £640,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 26 BISHOP ROAD: £54,250 (Sold on 12 Jan 1995)
Other
- The average price is around £3,141,759 median price is £511,700 Standard Deviation is £11,230,669 with Total Sold: 137
- The Last 5 Year average price is £3,032,297 with Total Sold: 56
- The most recent sale happened at this postcode is , PARAGON HOUSE COVAL WELLS: £2,450,000 (Sold on 14 Feb 2024)
- The first recorded sale happened at this postcode is , 1 TINDAL SQUARE: £460,000 (Sold on 10 Jan 2013)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£663,333	£6,091	3
2023	£340,000	£3,656	1
2022	£603,332	£6,197	6
2021	£722,727	£4,919	11
2020	£508,500	£4,578	2
2019	£457,267	£4,812	6
2018	£622,200	£4,118	5
2017	£920,000	£4,644	3
2016	£602,500	£4,270	2
2015	£569,500	£3,424	4
2014	£240,000		1
2013	£519,998	£3,787	3
2012	£496,250	£3,163	8
2011	£350,000	£2,837	1
2010	£311,929	£3,883	7
2009	£329,998	£2,573	2
2008	£424,999	£3,739	4
2007	£469,000	£2,433	5
2006	£442,083	£2,316	12
2005	£263,499	£2,572	6
2004	£296,856	£2,440	7
2003	£243,312	£2,783	8
2002	£203,733	£1,695	15
2001	£172,499	£2,188	7
2000	£191,649	£1,999	5
1999	£179,145	£1,223	10
1998	£349,083	£1,091	9
1997	£202,500	£960	2
1996	£113,000	£1,601	5
1995	£125,000		2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£222,375	£3,396	32
2023	£235,713	£3,752	83
2022	£242,883	£4,304	96
2021	£247,515	£4,039	121
2020	£231,751	£3,999	97
2019	£256,335	£4,108	109
2018	£251,156	£4,152	139
2017	£233,656	£3,799	205
2016	£240,695	£3,977	202
2015	£223,017	£3,597	278
2014	£186,524	£3,233	104
2013	£173,967	£2,816	36
2012	£174,407	£2,752	27
2011	£136,782	£2,442	34
2010	£161,292	£2,754	36
2009	£159,810	£2,913	58
2008	£182,184	£2,724	108
2007	£216,053	£3,489	126
2006	£186,774	£3,356	84
2005	£188,829	£3,098	95
2004	£221,334	£3,171	76
2003	£132,834	£3,101	33
2002	£115,564	£2,025	51
2001	£87,857	£1,624	42
2000	£94,399	£1,770	85
1999	£76,568	£1,618	49
1998	£61,338	£1,145	37
1997	£44,136	£859	28
1996	£36,653	£705	13
1995	£37,615	£729	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£351,172	£5,159	16
2023	£374,762	£4,918	37
2022	£365,752	£4,715	25
2021	£330,507	£4,637	36
2020	£339,270	£4,290	30
2019	£362,229	£4,377	47
2018	£342,977	£4,329	22
2017	£282,825	£3,631	27
2016	£341,923	£3,713	53
2015	£304,430	£3,650	56
2014	£242,764	£3,094	35
2013	£226,346	£2,785	28
2012	£201,160	£2,849	24
2011	£208,981	£2,692	29
2010	£204,806	£2,702	25
2009	£181,167	£2,591	15
2008	£193,850	£2,818	10
2007	£206,584	£2,798	35
2006	£193,696	£2,490	44
2005	£192,512	£2,465	52
2004	£171,714	£2,335	45
2003	£162,352	£2,227	43
2002	£131,735	£1,805	57
2001	£105,050	£1,437	45
2000	£98,539	£1,363	45
1999	£78,580	£1,026	52
1998	£67,114	£887	62
1997	£59,504	£779	45
1996	£52,304	£638	31
1995	£49,364	£650	46

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£475,900	£4,947	4
2023	£423,600	£4,942	5
2022	£411,150	£4,954	10
2021	£453,100	£4,654	5
2020	£335,643	£4,375	7
2019	£377,846	£4,344	13
2018	£382,883	£4,368	9
2017	£429,867	£4,311	15
2016	£389,499	£4,162	6
2015	£368,500	£4,780	9
2014	£316,088	£3,261	8
2013	£319,062	£2,944	8
2012	£263,900	£2,889	10
2011	£262,536	£3,102	14
2010	£230,310	£2,761	15
2009	£212,090	£2,197	14
2008	£213,000	£2,543	8
2007	£227,983	£3,162	15
2006	£216,740	£2,562	21
2005	£190,500	£2,409	13
2004	£199,797	£2,322	21
2003	£196,966	£2,765	15
2002	£149,230	£1,925	21
2001	£123,161	£1,675	11
2000	£113,153	£1,501	19
1999	£84,283	£1,028	15
1998	£77,389	£1,154	18
1997	£67,007	£812	14
1996	£64,153	£702	18
1995	£53,877	£708	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,550,000		2
2023	£1,759,571	£3,270	7
2022	£2,078,500	£40,669	10
2021	£3,131,202	£57,104	10
2020	£5,217,162	£178,615	16
2019	£1,710,909	£653	11
2018	£9,913,824	£5,744	16
2017	£2,318,209	£3,536	22
2016	£971,409	£15,353	20
2015	£804,701	£28,755	17
2014	£4,273,121	£11,887	4
2013	£395,000		2

House Type in CM1 1GN area

The most common house types in the CM1 1GN postcode area are Flat (146), commercial building (5), and converted building (2).

Total	153
Flat	146
commercial building	5
converted building	2
Detached	0
Semi-detached	0
Terraced	0
Shared house	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (73), and Social rented: Other social rented (29).

Private rented: Private landlord or letting agency	73
Social rented: Other social rented	29
Owned: Owns with a mortgage or loan	25
Owned: Owns outright	11
Shared ownership: Shared ownership	7
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	3
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CM1 1GN have 1 person in household (76), and 2 people in household (54).

1 person in household	76
2 people in household	54
3 people in household	16
4 people in household	5
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0