Housing Market Analysis for FOREST DRIVE, CM1 2TT

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

Overview of Sold House prices

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

Terraced
- The average price is around £195,240 median price is £197,000 Standard Deviation is £81,900 with Total Sold: 25
- The Last 5 Year average price is £282,714 with Total Sold: 7
- The most recent sale happened at this postcode is 130 FOREST DRIVE: £315,000 (Sold on 05 Jan 2024)
- The first recorded sale happened at this postcode is 112 FOREST DRIVE: £320,000 (Sold on 12 Mar 2024)
Flat
- The average price is around £114,666 median price is £106,998 Standard Deviation is £65,959 with Total Sold: 6
- The Last 5 Year average price is £245,000 with Total Sold: 1
- The most recent sale happened at this postcode is 134 FOREST DRIVE: £245,000 (Sold on 31 Jan 2022)
- The first recorded sale happened at this postcode is 134 FOREST DRIVE: £42,000 (Sold on 19 Apr 1996)
Semi-Detached
- The average price is around £114,910 median price is £108,000 Standard Deviation is £52,098 with Total Sold: 10
- The most recent sale happened at this postcode is 112 FOREST DRIVE: £168,000 (Sold on 29 Jul 2011)
- The first recorded sale happened at this postcode is 114 FOREST DRIVE: £29,610 (Sold on 09 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 2TT 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,500	£3,841	2
2022	£325,000	£3,351	1
2021	£262,500	£4,008	2
2020	£247,000	£2,960	2
2017	£228,333	£3,173	3
2016	£247,000	£3,049	1
2015	£227,500	£2,615	1
2014	£199,250	£2,602	2
2013	£161,333	£1,899	3
2008	£120,500	£1,525	1
2007	£165,667	£2,592	3
2003	£125,000		1
1997	£36,000	£228	2
1996	£45,500		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£245,000	£3,712	1
2011	£127,000	£1,807	1
2005	£124,000	£1,771	1
2002	£89,995	£1,364	1
2000	£60,000	£854	1
1996	£42,000	£636	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£168,000	£1,974	1
2009	£174,500	£2,006	1
2008	£160,500		2
2002	£135,995	£2,159	1
2001	£90,000	£1,024	2
2000	£85,000	£1,349	1
1998	£55,000	£679	1
1997	£29,610	£470	1

All the Sales in the FOREST DRIVE, CM1 2TT

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

Address	Sold Date	Price	% Change
130 FOREST DRIVETerraced, FreeholdArea: 82 Sq.mtrAge: 1950-1966	05 Jan 2024	£315,000	First Sale
39 FOREST DRIVETerraced, FreeholdArea: 97 Sq.mtrAge: 1950-1966	01 Apr 2022	£325,000	61.29%
	20 Jun 2014	£201,500	First Sale
134 FOREST DRIVEFlat, LeaseholdArea: 66 Sq.mtrAge: 1950-1966	31 Jan 2022	£245,000	172.24%
	09 Aug 2002	£89,995	114.27%
	19 Apr 1996	£42,000	First Sale
63 FOREST DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 1950-1966	06 Apr 2021	£265,000	68.79%
	01 Feb 2007	£157,000	First Sale
132 FOREST DRIVETerraced, FreeholdArea: 65 Sq.mtrAge: 1950-1966	22 Jan 2021	£260,000	First Sale
61 FOREST DRIVETerraced, FreeholdArea: 82 Sq.mtrAge: 1930-1949	16 Apr 2020	£252,500	First Sale
120 FOREST DRIVETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	02 Mar 2020	£241,500	First Sale
43 FOREST DRIVETerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	25 May 2017	£255,000	First Sale
116 FOREST DRIVETerraced, Freehold	27 Feb 2017	£155,000	First Sale
108 FOREST DRIVETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	26 Jan 2017	£275,000	First Sale
33 FOREST DRIVETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	28 Apr 2016	£247,000	349.09%
	14 Aug 1998	£55,000	First Sale
59 FOREST DRIVETerraced, FreeholdArea: 87 Sq.mtrAge: 2007 onwards	20 Jan 2015	£227,500	30.37%
	19 Nov 2009	£174,500	First Sale
114 FOREST DRIVETerraced, FreeholdArea: 63 Sq.mtrAge: 1930-1949	26 Aug 2014	£197,000	6.49%
	02 Nov 2007	£185,000	19.35%
	09 Aug 2007	£155,000	13.97%
	16 Sep 2002	£135,995	59.99%
	18 Sep 2000	£85,000	187.07%
	09 Jun 1997	£29,610	First Sale
91 FOREST DRIVETerraced, Freehold	06 Dec 2013	£170,000	40.50%
91 FOREST DRIVETerraced, Freehold	11 Feb 2008	£121,000	First Sale
47 FOREST DRIVETerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	07 Jun 2013	£150,000	24.48%
	19 Dec 2008	£120,500	569.44%
	20 Jan 1997	£18,000	First Sale
126 FOREST DRIVETerraced, Freehold	10 Jan 2013	£164,000	203.70%
126 FOREST DRIVETerraced, Freehold	27 Feb 1997	£54,000	First Sale
112 FOREST DRIVESemi-Detached, FreeholdArea: 85.1 Sq.mtrAge: 1930-1949	29 Jul 2011	£168,000	97.65%
	26 Feb 2001	£85,000	-73.44%
	12 Mar 2024	£320,000	First Sale
172 FOREST DRIVEFlat, LeaseholdArea: 70.27 Sq.mtrAge: 1950-1966	20 Jul 2011	£127,000	2.42%
	21 Oct 2005	£124,000	106.67%
	18 Aug 2000	£60,000	First Sale
106 FOREST DRIVESemi-Detached, Freehold	24 Jul 2008	£200,000	110.53%
106 FOREST DRIVESemi-Detached, Freehold	09 Nov 2001	£95,000	First Sale
65 FOREST DRIVETerraced, Freehold	30 Jan 2003	£125,000	First Sale
73 FOREST DRIVETerraced, Freehold	27 Sep 1996	£45,500	First Sale

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

FOREST DRIVE, CM1 2TT Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £235,373 median price is £228,000 Standard Deviation is £122,483 with Total Sold: 702
- The Last 5 Year average price is £390,081 with Total Sold: 140
- The most recent sale happened at this postcode is , 73 BEECHES ROAD: £400,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 36 WATERHOUSE LANE: £56,000 (Sold on 17 Mar 1995)
Terraced
- The average price is around £189,048 median price is £175,000 Standard Deviation is £99,010 with Total Sold: 429
- The Last 5 Year average price is £318,525 with Total Sold: 81
- The most recent sale happened at this postcode is , 26 ROTHBURY ROAD: £291,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 23 FOREST DRIVE: £46,500 (Sold on 30 Mar 1995)
Other
- The average price is around £5,475,000 median price is £431,000 Standard Deviation is £10,058,734 with Total Sold: 5
- The Last 5 Year average price is £5,475,000 with Total Sold: 5
- The most recent sale happened at this postcode is , 13 EPPING CLOSE: £349,000 (Sold on 28 May 2024)
- The first recorded sale happened at this postcode is , 21 BEECHES CRESCENT: £735,000 (Sold on 11 Feb 2022)
Flat
- The average price is around £116,939 median price is £118,000 Standard Deviation is £63,611 with Total Sold: 98
- The Last 5 Year average price is £186,778 with Total Sold: 18
- The most recent sale happened at this postcode is , 64 FOREST DRIVE: £145,000 (Sold on 30 Oct 2023)
- The first recorded sale happened at this postcode is , 54 FOREST DRIVE: £39,000 (Sold on 08 Jan 1996)
Detached
- The average price is around £291,840 median price is £260,000 Standard Deviation is £163,114 with Total Sold: 191
- The Last 5 Year average price is £495,984 with Total Sold: 23
- The most recent sale happened at this postcode is , 34 BEECHES CRESCENT: £567,500 (Sold on 19 Oct 2023)
- The first recorded sale happened at this postcode is , 28 WATERHOUSE LANE: £33,526 (Sold on 07 Apr 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£458,000	£4,397	5
2023	£381,439	£4,222	17
2022	£415,944	£4,647	32
2021	£379,908	£4,129	31
2020	£377,379	£3,797	29
2019	£377,135	£3,799	26
2018	£364,167	£3,852	30
2017	£350,962	£3,883	26
2016	£335,909	£3,768	23
2015	£316,250	£3,393	26
2014	£276,625	£2,891	16
2013	£244,041	£2,515	23
2012	£247,952	£2,494	20
2011	£205,380	£2,360	21
2010	£218,524	£2,189	21
2009	£204,331	£2,320	24
2008	£225,917	£2,405	12
2007	£212,854	£2,331	24
2006	£195,467	£2,142	31
2005	£209,850	£2,346	20
2004	£194,238	£2,087	21
2003	£175,499	£1,946	27
2002	£157,194	£1,619	20
2001	£116,041	£1,204	24
2000	£117,529	£1,187	35
1999	£91,238	£862	25
1998	£83,205	£860	24
1997	£69,038	£702	19
1996	£67,979	£641	24
1995	£63,903	£630	26

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£318,200	£3,841	5
2023	£368,818	£4,163	11
2022	£345,400	£4,253	15
2021	£298,058	£3,847	26
2020	£305,950	£4,087	10
2019	£297,325	£3,838	14
2018	£297,250	£3,524	16
2017	£285,029	£3,639	17
2016	£246,911	£2,984	17
2015	£237,054	£2,810	18
2014	£215,380	£2,668	23
2013	£175,534	£2,234	22
2012	£171,555	£2,146	9
2011	£191,500	£2,385	12
2010	£175,275	£2,390	12
2009	£159,998	£1,992	3
2008	£172,962	£2,166	13
2007	£178,541	£2,471	12
2006	£171,886	£2,036	18
2005	£166,078	£1,949	16
2004	£162,052	£1,920	20
2003	£123,812	£1,566	8
2002	£99,776	£1,161	15
2001	£83,671	£1,172	19
2000	£86,294	£990	10
1999	£66,736	£832	19
1998	£61,004	£796	8
1997	£52,372	£635	16
1996	£41,068	£486	16
1995	£46,691	£558	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£309,500		2
2023	£25,590,000		1
2022	£583,000	£4,727	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£159,500	£3,158	2
2022	£187,750	£3,422	4
2021	£163,000	£3,226	5
2020	£240,000	£3,541	3
2019	£189,250	£3,332	4
2017	£170,750	£3,428	4
2016	£159,248	£2,694	4
2015	£171,667	£2,526	3
2014	£110,000	£2,375	2
2013	£151,900	£2,427	5
2012	£132,000	£2,048	5
2011	£120,850	£1,718	6
2010	£119,998	£1,854	2
2009	£96,500		1
2008	£90,000	£1,364	1
2007	£153,581	£1,985	6
2006	£120,167	£2,093	3
2005	£111,582	£2,089	6
2003	£79,562	£1,313	4
2002	£50,332	£1,039	3
2001	£48,398	£1,140	4
2000	£52,500	£893	3
1999	£51,498	£912	2
1998	£38,776	£548	6
1997	£39,250	£564	2
1996	£35,750	£536	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£575,500	£4,444	5
2022	£573,625	£5,458	4
2021	£470,955	£5,354	8
2020	£441,250	£5,090	4
2019	£351,500	£3,661	2
2018	£375,000	£4,094	4
2017	£550,000	£3,595	3
2016	£507,021	£3,655	21
2015	£424,250	£3,699	14
2014	£281,750	£2,670	4
2013	£290,750	£2,485	4
2012	£242,500	£2,413	2
2011	£295,100	£2,520	5
2010	£240,750	£2,414	4
2009	£253,000	£2,307	3
2008	£287,333	£2,621	3
2007	£274,249	£2,342	8
2006	£223,772	£2,108	11
2005	£243,300	£2,034	5
2004	£245,210	£2,240	9
2003	£208,865	£2,548	10
2002	£207,668	£1,397	11
2001	£179,500	£1,381	5
2000	£142,583	£1,417	12
1999	£117,300	£1,251	9
1998	£96,108	£1,418	3
1997	£80,643	£574	7
1996	£90,500	£932	4
1995	£61,646	£730	7

House Type in CM1 2TT area

The most common house types in the CM1 2TT postcode area are Terraced (83), Semi-detached (29), and Flat (20).

Total	135
Terraced	83
Semi-detached	29
Flat	20
Shared house	2
Detached	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (56), and Owned: Owns outright (32).

Social rented: Other social rented	56
Owned: Owns outright	32
Owned: Owns with a mortgage or loan	27
Social rented: Rents from council or Local Authority	13
Private rented: Private landlord or letting agency	12
Shared ownership: Shared ownership	1
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 2TT have 1 person in household (37), and 2 people in household (35).

1 person in household	37
2 people in household	35
3 people in household	31
4 people in household	20
5 people in household	12
6 people in household	6
7 people in household	1
0 people in household	0
8 or more people in household	0