Housing Market Analysis for HOFFMANNS WAY, CM1 1GU

Are you looking to understand CM1 1GU 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 1GU area, explore the CM1 1GU Area information page.
For comprehensive crime statistics in the CM1 1GU area, explore the CM1 1GU Crime Rates page.

Overview of Sold House prices

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

  • Other
    • The average price is around £717,571 median price is £600,000 Standard Deviation is £349,262 with Total Sold: 7
    • The Last 5 Year average price is £796,600 with Total Sold: 5
    • The most recent sale happened at this postcode is UNIT 8 HOFFMANNS WAY: £475,000 (Sold on 22 Dec 2023)
    • The first recorded sale happened at this postcode is 11 KINGFISHER HOUSE HOFFMANNS WAY: £600,000 (Sold on 28 Oct 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 1GU 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£475,0001
2022£1,350,0001
2021£1,150,0001
2020£390,0001
2019£618,0001
2018£440,0001
2014£600,0001

All the Sales in the HOFFMANNS WAY, CM1 1GU

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

AddressSold DatePrice% Change
UNIT 8 HOFFMANNS WAYOther, Freehold22 Dec 2023£475,0007.95%
12 Dec 2018£440,000First Sale
UNIT 10 HOFFMANNS WAYOther, Freehold27 Sep 2022£1,350,000First Sale
UNIT 3 HOFFMANNS WAYOther, Freehold04 May 2021£1,150,000First Sale
UNIT 5, SYNERGY CENTRE HOFFMANNS WAYOther, Freehold20 Mar 2020£390,000First Sale
DRIVING TEST CENTRE, 4 HOFFMANNS WAYOther, Freehold07 Oct 2019£618,000First Sale
11 KINGFISHER HOUSE HOFFMANNS WAYOther, Leasehold28 Oct 2014£600,000First Sale

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

HOFFMANNS WAY, CM1 1GU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 1GU 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 1GU postcode.

  • Flat
    • The average price is around £197,705 median price is £203,995 Standard Deviation is £88,571 with Total Sold: 1,305
    • The Last 5 Year average price is £271,417 with Total Sold: 307
    • The most recent sale happened at this postcode is , 28 WATSON HEIGHTS: £215,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is 3, HAVENCOURT VICTORIA ROAD: £35,000 (Sold on 20 Feb 1995)
  • Semi-Detached
    • The average price is around £226,095 median price is £213,000 Standard Deviation is £124,637 with Total Sold: 374
    • The Last 5 Year average price is £395,449 with Total Sold: 68
    • The most recent sale happened at this postcode is , 3 HILL VIEW ROAD: £375,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 26 BISHOP ROAD: £54,250 (Sold on 12 Jan 1995)
  • Terraced
    • The average price is around £203,814 median price is £190,000 Standard Deviation is £115,662 with Total Sold: 982
    • The Last 5 Year average price is £362,639 with Total Sold: 143
    • The most recent sale happened at this postcode is , 8 RECTORY LANE: £365,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 54 RECTORY LANE: £34,000 (Sold on 03 Mar 1995)
  • Other
    • The average price is around £2,496,392 median price is £650,000 Standard Deviation is £7,529,084 with Total Sold: 51
    • The Last 5 Year average price is £1,021,202 with Total Sold: 26
    • The most recent sale happened at this postcode is , JOHN O'DONNELL LTD VICTORIA ROAD: £650,000 (Sold on 30 Jan 2024)
    • The first recorded sale happened at this postcode is , W H JUDD & CO LTD BROOK STREET: £250,000 (Sold on 31 Jan 2014)
  • Detached
    • The average price is around £342,999 median price is £275,000 Standard Deviation is £242,597 with Total Sold: 218
    • The Last 5 Year average price is £684,221 with Total Sold: 26
    • The most recent sale happened at this postcode is , 81 RECTORY LANE: £340,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is FLAT 2, 247 SPRINGFIELD ROAD: £105,000 (Sold on 10 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£251,344 £3,437 16
2023£247,113 £4,025 44
2022£287,864 £4,530 110
2021£270,885 £4,308 70
2020£280,865 £4,295 32
2019£251,878 £3,960 35
2018£240,487 £4,014 38
2017£247,829 £4,151 81
2016£249,742 £3,880 124
2015£233,275 £3,730 156
2014£178,653 £3,073 34
2013£146,848 £2,606 23
2012£143,688 £2,650 8
2011£140,513 £2,621 19
2010£151,500 £2,723 13
2009£155,126 £2,712 22
2008£164,904 £3,066 13
2007£170,664 £3,263 37
2006£171,244 £3,077 34
2005£190,873 £3,194 87
2004£181,210 £2,986 45
2003£136,942 £2,872 26
2002£110,008 £2,147 30
2001£88,226 £1,730 27
2000£81,152 £1,564 33
1999£61,919 £1,214 34
1998£60,932 £1,136 87
1997£45,678 £849 14
1996£35,643 £722 7
1995£33,083 £699 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£424,286 £3,569 7
2023£447,550 £4,795 10
2022£449,462 £4,452 13
2021£376,786 £3,938 14
2020£374,750 £4,161 8
2019£333,062 £4,120 16
2018£351,000 £4,329 9
2017£339,300 £4,069 10
2016£368,136 £3,644 11
2015£284,035 £3,319 14
2014£250,786 £2,762 7
2013£245,400 £2,544 10
2012£237,100 £2,909 5
2011£235,750 £2,390 11
2010£213,225 £2,694 10
2009£201,357 £2,335 14
2008£209,749 £2,215 8
2007£249,111 £2,717 18
2006£235,611 £2,211 17
2005£220,208 £2,221 12
2004£185,389 £2,135 9
2003£186,097 £2,045 15
2002£205,162 £2,145 12
2001£137,069 £1,541 29
2000£100,370 £1,219 10
1999£88,400 £980 24
1998£80,365 £971 13
1997£67,833 £774 15
1996£57,196 £709 12
1995£51,905 £767 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£358,923 £4,667 13
2023£396,196 £4,422 24
2022£380,867 £5,193 27
2021£363,630 £4,456 27
2020£337,356 £4,203 26
2019£338,846 £4,044 26
2018£362,794 £4,309 17
2017£357,925 £3,984 30
2016£326,786 £3,565 34
2015£319,724 £3,389 42
2014£254,826 £3,001 32
2013£220,548 £2,751 26
2012£223,729 £2,779 19
2011£204,359 £2,790 36
2010£215,161 £2,811 23
2009£197,002 £2,309 20
2008£216,437 £2,724 17
2007£225,832 £2,716 41
2006£196,165 £2,660 45
2005£185,308 £2,370 38
2004£179,038 £2,223 36
2003£166,920 £2,140 40
2002£141,526 £1,754 63
2001£117,495 £1,552 45
2000£96,332 £1,252 35
1999£78,530 £1,050 42
1998£69,390 £904 40
1997£64,965 £822 41
1996£57,125 £681 36
1995£52,667 £650 41
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£650,0001
2023£311,750 £1,348 4
2022£1,731,500 £5,151 4
2021£1,311,2503
2020£1,189,050 £3,608 10
2019£476,0004
2018£4,442,191 £70,385 7
2017£8,575,714 £1,613 7
2016£194,3752
2015£1,200,1086
2014£683,3333
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£730,000 £5,229 8
2022£673,900 £5,812 5
2021£607,500 £4,119 6
2020£694,550 £3,903 5
2019£731,250 £4,927 2
2018£566,000 £5,281 5
2017£628,200 £4,282 5
2016£620,000 £5,000 2
2015£582,832 £3,611 6
2014£574,125 £3,463 8
2013£434,166 £3,282 6
2012£357,500 £2,017 2
2011£341,812 £3,701 8
2010£368,071 £4,604 7
2009£430,000 £2,304 5
2008£444,049 £3,526 2
2007£252,678 £2,883 7
2006£420,854 £2,387 11
2005£350,124 £2,378 8
2004£323,091 £2,458 11
2003£235,000 £1,933 11
2002£226,710 £1,605 19
2001£192,279 £1,678 19
2000£154,453 £1,211 12
1999£160,053 £1,860 7
1998£151,886 £1,605 11
1997£82,650 £836 3
1996£109,192 £1,122 13
1995£100,750 £3,182 4

House Type in CM1 1GU area

The most common house types in the CM1 1GU postcode area are Flat (51), converted building (47), and Terraced (43).

Total155
Flat51
converted building47
Terraced43
Semi-detached7
commercial building4
Shared house3
Detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (89), and Owned: Owns with a mortgage or loan (42).

Private rented: Private landlord or letting agency89
Owned: Owns with a mortgage or loan42
Owned: Owns outright16
Private rented: Other private rented6
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the CM1 1GU have 2 people in household (62), and 1 person in household (54).

2 people in household62
1 person in household54
3 people in household24
4 people in household9
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0