Housing Market Analysis for WELLS STREET, CM1 1HZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £426,150 median price is £426,150 Standard Deviation is £51,150 with Total Sold: 2
    • The Last 5 Year average price is £426,150 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 WELLS STREET: £375,000 (Sold on 09 Feb 2022)
    • The first recorded sale happened at this postcode is 4 WELLS STREET: £477,300 (Sold on 01 Sep 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 1HZ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£426,1502

All the Sales in the WELLS STREET, CM1 1HZ

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

AddressSold DatePrice% Change
4 WELLS STREETTerraced, Freehold09 Feb 2022£375,000-21.43%
01 Sep 2022£477,300First Sale

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

WELLS STREET, CM1 1HZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £388,171 median price is £310,000 Standard Deviation is £275,124 with Total Sold: 169
    • The Last 5 Year average price is £605,584 with Total Sold: 31
    • 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 £201,342 median price is £203,674 Standard Deviation is £78,882 with Total Sold: 2,591
    • The Last 5 Year average price is £244,735 with Total Sold: 599
    • 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 £201,371 median price is £188,625 Standard Deviation is £115,237 with Total Sold: 1,238
    • The Last 5 Year average price is £355,689 with Total Sold: 203
    • 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 £220,705 median price is £198,500 Standard Deviation is £133,358 with Total Sold: 381
    • The Last 5 Year average price is £399,469 with Total Sold: 45
    • 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 £3,103,781 median price is £565,000 Standard Deviation is £10,741,075 with Total Sold: 151
    • The Last 5 Year average price is £2,880,784 with Total Sold: 62
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£663,333 £6,091 3
2023£340,000 £3,656 1
2022£583,214 £6,204 7
2021£716,667 £4,858 12
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£240,0001
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£424,227 £2,403 13
2005£336,571 £2,572 7
2004£296,856 £2,440 7
2003£243,312 £2,783 8
2002£247,250 £1,695 16
2001£178,437 £2,188 8
2000£191,649 £1,999 5
1999£169,670 £1,164 11
1998£349,083 £1,091 9
1997£202,500 £960 2
1996£113,000 £1,601 5
1995£125,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,882 £3,530 34
2023£227,997 £3,720 89
2022£242,566 £4,317 102
2021£262,117 £4,195 160
2020£233,612 £4,008 101
2019£253,885 £4,096 113
2018£249,822 £4,125 142
2017£232,687 £3,810 216
2016£238,397 £3,960 210
2015£221,948 £3,593 285
2014£180,169 £3,189 106
2013£161,120 £2,811 36
2012£165,879 £2,780 29
2011£142,963 £2,571 38
2010£163,184 £2,796 38
2009£161,091 £2,913 60
2008£180,327 £2,788 109
2007£215,363 £3,636 161
2006£183,817 £3,373 79
2005£182,080 £3,090 105
2004£177,078 £2,945 51
2003£133,626 £3,101 36
2002£114,250 £2,022 47
2001£85,718 £1,590 39
2000£94,288 £1,772 83
1999£75,452 £1,698 37
1998£54,492 £1,026 30
1997£44,122 £873 27
1996£37,625 £743 12
1995£37,615 £729 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£351,985 £5,159 17
2023£377,210 £4,898 39
2022£370,136 £4,737 28
2021£332,138 £4,607 38
2020£339,245 £4,301 33
2019£361,036 £4,369 48
2018£345,891 £4,331 23
2017£291,478 £3,694 33
2016£340,453 £3,688 55
2015£302,553 £3,611 59
2014£242,829 £3,120 37
2013£225,991 £2,786 34
2012£204,642 £2,843 27
2011£210,316 £2,683 33
2010£203,934 £2,712 28
2009£185,139 £2,568 18
2008£193,284 £2,773 14
2007£209,398 £2,786 40
2006£196,636 £2,516 54
2005£193,350 £2,470 59
2004£173,521 £2,318 51
2003£164,372 £2,224 50
2002£132,321 £1,795 62
2001£105,550 £1,439 52
2000£96,579 £1,351 48
1999£78,256 £1,025 56
1998£67,359 £890 67
1997£60,584 £784 50
1996£53,039 £661 37
1995£49,464 £655 48
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£373,429 £4,351 14
2018£382,883 £4,368 9
2017£429,867 £4,311 15
2016£389,499 £4,162 6
2015£358,650 £4,682 10
2014£316,088 £3,261 8
2013£319,062 £2,944 8
2012£262,636 £2,843 11
2011£262,536 £3,102 14
2010£228,416 £2,765 16
2009£211,284 £2,217 15
2008£213,000 £2,543 8
2007£227,983 £3,162 15
2006£216,740 £2,562 21
2005£188,800 £2,358 15
2004£199,797 £2,322 21
2003£196,966 £2,765 15
2002£147,583 £1,905 22
2001£123,161 £1,675 11
2000£113,153 £1,501 19
1999£84,283 £1,028 15
1998£77,197 £1,120 19
1997£67,007 £812 14
1996£64,153 £702 18
1995£53,877 £708 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,550,0002
2023£1,759,571 £3,270 7
2022£2,108,750 £40,669 12
2021£3,131,202 £57,104 10
2020£4,387,730 £178,615 20
2019£1,710,909 £653 11
2018£9,901,177 £49,200 18
2017£2,334,400 £3,536 24
2016£971,409 £15,353 20
2015£897,627 £28,755 19
2014£3,090,414 £11,887 6
2013£395,0002

House Type in CM1 1HZ area

The most common house types in the CM1 1HZ postcode area are Flat (171), commercial building (13), and converted building (12).

Total203
Flat171
commercial building13
converted building12
Terraced4
Shared house3
Detached0
Semi-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 (113), and Owned: Owns with a mortgage or loan (48).

Private rented: Private landlord or letting agency113
Owned: Owns with a mortgage or loan48
Owned: Owns outright31
Social rented: Other social rented9
Shared ownership: Shared ownership3
Private rented: Other private rented2
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the CM1 1HZ have 1 person in household (118), and 2 people in household (73).

1 person in household118
2 people in household73
3 people in household9
4 people in household5
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0