Housing Market Analysis for DERWENT WAY, CM1 2LP

Are you looking to understand CM1 2LP 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 2LP area, explore the CM1 2LP Area information page.
For comprehensive crime statistics in the CM1 2LP area, explore the CM1 2LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 2LP postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £190,533 median price is £202,000 Standard Deviation is £77,731 with Total Sold: 7
- The Last 5 Year average price is £202,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1 DERWENT WAY: £202,000 (Sold on 10 Aug 2023)
- The first recorded sale happened at this postcode is 2 DERWENT WAY: £27,730 (Sold on 15 Sep 1997)
Terraced
- The average price is around £110,544 median price is £113,975 Standard Deviation is £57,098 with Total Sold: 8
- The most recent sale happened at this postcode is 12 DERWENT WAY: £210,000 (Sold on 24 Sep 2015)
- The first recorded sale happened at this postcode is 16 DERWENT WAY: £17,400 (Sold on 24 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 2LP 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£202,000	£2,126	1
2016	£291,500	£3,036	1
2014	£258,000	£2,688	1
2012	£180,000	£2,000	1
2010	£167,500	£1,745	1
2008	£207,000	£2,179	1
1997	£27,730	£360	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£210,000	£2,500	1
2009	£138,500	£1,413	2
2003	£122,975	£1,437	2
2000	£81,500		1
1996	£52,500		1
1995	£17,400	£218	1

All the Sales in the DERWENT WAY, CM1 2LP

See the table below for more details on the sold house prices in the CM1 2LP, Chelmsford postcode.

Address	Sold Date	Price	% Change
1 DERWENT WAYSemi-Detached, FreeholdArea: 95.01 Sq.mtrAge: 1950-1966	10 Aug 2023	£202,000	-2.42%
	31 Jul 2008	£207,000	First Sale
7 DERWENT WAYSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	21 Sep 2016	£291,500	12.98%
	19 Sep 2014	£258,000	54.03%
	08 Dec 2010	£167,500	First Sale
12 DERWENT WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	24 Sep 2015	£210,000	First Sale
11 DERWENT WAYSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-1966	10 Oct 2012	£180,000	First Sale
16 DERWENT WAYTerraced, FreeholdArea: 79.97 Sq.mtrAge: 1950-1966	18 Dec 2009	£113,000	-1.70%
	30 May 2003	£114,950	560.63%
	24 Jul 1995	£17,400	First Sale
14 DERWENT WAYTerraced, Freehold	28 Aug 2009	£164,000	25.19%
	16 May 2003	£131,000	149.52%
	02 Sep 1996	£52,500	First Sale
10 DERWENT WAYTerraced, Freehold	21 Sep 2000	£81,500	First Sale
2 DERWENT WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	15 Sep 1997	£27,730	First Sale

Check out the sold house prices near the CM1 2LP postcode. Properties currently for saleProperties currently for rent

DERWENT WAY, CM1 2LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 2LP 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 2LP postcode.

Terraced
- The average price is around £175,268 median price is £171,000 Standard Deviation is £90,346 with Total Sold: 431
- The Last 5 Year average price is £307,436 with Total Sold: 59
- The most recent sale happened at this postcode is 12, DERWENT COURT HOBART CLOSE: £400,000 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 14 SCOTTS WALK: £52,000 (Sold on 23 Jan 1995)
Semi-Detached
- The average price is around £216,937 median price is £190,000 Standard Deviation is £128,014 with Total Sold: 577
- The Last 5 Year average price is £384,183 with Total Sold: 82
- The most recent sale happened at this postcode is , 3 SUNNINGDALE ROAD: £590,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 16 CLYDE CRESCENT: £43,000 (Sold on 20 Feb 1995)
Detached
- The average price is around £354,019 median price is £317,500 Standard Deviation is £202,797 with Total Sold: 272
- The Last 5 Year average price is £575,633 with Total Sold: 49
- The most recent sale happened at this postcode is , 91 CHIGNAL ROAD: £700,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 76 ROXWELL ROAD: £120,000 (Sold on 13 Apr 1995)
Flat
- The average price is around £145,730 median price is £150,000 Standard Deviation is £55,710 with Total Sold: 178
- The Last 5 Year average price is £203,362 with Total Sold: 32
- The most recent sale happened at this postcode is , 82 AVON ROAD: £236,000 (Sold on 02 Feb 2024)
- The first recorded sale happened at this postcode is , 82 AVON ROAD: £10,200 (Sold on 21 Aug 1995)
Other
- The average price is around £859,755 median price is £425,000 Standard Deviation is £977,373 with Total Sold: 8
- The Last 5 Year average price is £678,255 with Total Sold: 4
- The most recent sale happened at this postcode is , 41 HIGHFIELD ROAD: £25,000 (Sold on 29 Jul 2022)
- The first recorded sale happened at this postcode is , THE THREE STARS TRENT ROAD: £190,000 (Sold on 02 Dec 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£345,000		4
2023	£332,667	£4,155	6
2022	£319,688	£4,102	8
2021	£305,595	£3,685	21
2020	£299,088	£3,305	8
2019	£282,917	£3,607	12
2018	£301,769	£3,385	13
2017	£285,700	£3,655	15
2016	£247,747	£3,031	18
2015	£233,433	£2,922	21
2014	£209,997	£2,674	20
2013	£196,826	£2,182	21
2012	£183,571	£2,209	14
2011	£177,000	£1,919	4
2010	£171,188	£2,018	16
2009	£177,583	£1,812	6
2008	£177,714	£2,154	7
2007	£208,336	£2,263	18
2006	£171,531	£1,987	16
2005	£150,178	£1,888	14
2004	£142,159	£1,816	20
2003	£130,971	£1,492	19
2002	£104,537	£1,211	12
2001	£100,892	£1,230	21
2000	£85,244	£1,000	18
1999	£76,085	£970	14
1998	£59,822	£631	13
1997	£56,414	£706	14
1996	£48,527	£563	18
1995	£41,470	£469	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£424,714		7
2023	£386,333	£3,921	6
2022	£459,906	£4,740	16
2021	£358,521	£3,841	24
2020	£341,818	£3,654	11
2019	£360,500	£3,659	18
2018	£317,438	£3,351	16
2017	£357,395	£3,727	19
2016	£313,678	£3,329	19
2015	£310,861	£3,182	18
2014	£235,494	£2,554	17
2013	£258,020	£2,624	19
2012	£220,625	£2,247	16
2011	£246,190	£2,425	21
2010	£213,697	£2,256	19
2009	£204,972	£2,131	14
2008	£247,867	£2,088	15
2007	£239,078	£2,451	25
2006	£221,837	£2,008	28
2005	£201,330	£2,032	18
2004	£187,809	£1,900	25
2003	£183,185	£1,812	27
2002	£127,567	£1,370	22
2001	£127,920	£1,239	32
2000	£114,282	£1,221	23
1999	£86,217	£929	25
1998	£74,493	£681	19
1997	£58,938	£630	21
1996	£53,413	£575	18
1995	£65,213	£665	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£568,000	£5,982	4
2023	£551,364	£5,256	11
2022	£690,455	£5,842	11
2021	£552,083	£5,055	6
2020	£536,833	£4,590	9
2019	£516,250	£4,940	8
2018	£595,125	£4,936	8
2017	£541,928	£4,213	21
2016	£486,062	£3,704	16
2015	£375,721	£3,333	9
2014	£397,000	£3,561	9
2013	£333,667	£2,777	9
2012	£295,823	£3,779	6
2011	£328,036	£3,138	14
2010	£319,423	£3,037	13
2009	£275,750	£2,479	4
2008	£291,150	£2,489	6
2007	£301,973	£2,907	11
2006	£274,375	£2,416	8
2005	£277,666	£1,702	6
2004	£243,171	£2,281	10
2003	£222,445	£2,190	10
2002	£180,200	£1,511	8
2001	£201,149	£1,450	10
2000	£169,995	£1,560	1
1999	£136,627	£1,207	13
1998	£143,090	£1,041	5
1997	£107,175	£800	8
1996	£114,614	£869	11
1995	£109,964	£1,037	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,500	£4,240	2
2023	£220,650	£3,579	4
2022	£209,357	£3,773	7
2021	£219,125	£3,340	8
2020	£168,125	£3,049	4
2019	£183,286	£3,045	7
2018	£190,783	£3,194	6
2017	£187,300	£3,254	10
2016	£189,627	£3,073	11
2015	£149,188	£2,492	8
2014	£142,100	£2,406	5
2013	£139,250	£2,275	8
2012	£124,300	£2,143	5
2011	£127,000	£1,956	2
2010	£131,125	£2,131	8
2009	£126,000	£1,723	2
2008	£163,464	£2,512	7
2007	£159,642	£2,757	27
2006	£130,429	£1,905	7
2005	£121,917	£1,783	3
2004	£110,000	£1,801	5
2003	£107,786	£1,691	4
2002	£95,623	£1,400	3
2001	£55,500	£1,047	3
2000	£61,249	£955	6
1999	£47,600	£664	5
1998	£36,500	£608	1
1997	£40,333	£684	3
1996	£32,025	£524	5
1995	£21,600	£328	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£112,500	£1,786	2
2019	£1,244,010	£30	2
2018	£2,485,022		1
2017	£650,000		1
2013	£515,000		2

House Type in CM1 2LP area

The most common house types in the CM1 2LP postcode area are Semi-detached (56), Terraced (47), and Flat (13).

Total	118
Semi-detached	56
Terraced	47
Flat	13
Detached	2
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (42), and Social rented: Other social rented (33).

Owned: Owns with a mortgage or loan	42
Social rented: Other social rented	33
Owned: Owns outright	26
Private rented: Private landlord or letting agency	11
Social rented: Rents from council or Local Authority	6
Shared ownership: Shared ownership	2
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CM1 2LP have 2 people in household (30), and 3 people in household (29).

2 people in household	30
3 people in household	29
1 person in household	22
4 people in household	22
5 people in household	8
7 people in household	3
6 people in household	2
8 or more people in household	1
0 people in household	0