Housing Market Analysis for REDWOOD DRIVE, CM1 3LY

Are you looking to understand CM1 3LY 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 3LY area, explore the CM1 3LY Area information page.
For comprehensive crime statistics in the CM1 3LY area, explore the CM1 3LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 3LY postcode area, The average prices are as follows,

  • Detached
    • The average price is around £528,962 median price is £575,000 Standard Deviation is £199,936 with Total Sold: 13
    • The Last 5 Year average price is £731,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 22 REDWOOD DRIVE: £575,000 (Sold on 23 Mar 2022)
    • The first recorded sale happened at this postcode is 2 REDWOOD DRIVE: £276,000 (Sold on 01 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 3LY 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£575,000 £5,324 1
2021£757,500 £5,529 2
2019£835,000 £4,175 1
2017£545,000 £4,739 1
2016£534,000 £4,850 2
2015£600,000 £3,750 1
2014£610,000 £4,122 1
2013£425,000 £3,728 1
1999£234,500 £1,380 3

All the Sales in the REDWOOD DRIVE, CM1 3LY

See the table below for more details on the sold house prices in the CM1 3LY, Chelmsford postcode.

AddressSold DatePrice% Change
22 REDWOOD DRIVEDetached, FreeholdArea: 108 Sq.mtrAge: 1976-198223 Mar 2022£575,000First Sale
1 REDWOOD DRIVEDetached, FreeholdArea: 115 Sq.mtrAge: 1983-199017 Dec 2021£650,000First Sale
16 REDWOOD DRIVEDetached, FreeholdArea: 160 Sq.mtrAge: 1983-199025 Jun 2021£865,00044.17%
19 Jun 2015£600,000First Sale
2 REDWOOD DRIVEDetached, FreeholdArea: 200 Sq.mtrAge: 1983-199021 Jun 2019£835,000202.54%
01 Mar 1999£276,000First Sale
8 REDWOOD DRIVEDetached, FreeholdArea: 115 Sq.mtrAge: 1976-198226 Sep 2017£545,000First Sale
17 REDWOOD DRIVEDetached, FreeholdArea: 120 Sq.mtrAge: 1983-199021 Dec 2016£588,000First Sale
11 REDWOOD DRIVEDetached, FreeholdArea: 100 Sq.mtrAge: 1983-199007 Oct 2016£480,000First Sale
15 REDWOOD DRIVEDetached, FreeholdArea: 148 Sq.mtrAge: 1976-198206 May 2014£610,000First Sale
18 REDWOOD DRIVEDetached, FreeholdArea: 114 Sq.mtrAge: 1976-198210 Oct 2013£425,000First Sale
4 REDWOOD DRIVEDetached, Freehold27 May 1999£264,000First Sale
28 REDWOOD DRIVEDetached, Freehold27 Apr 1999£163,500First Sale

Check out the sold house prices near the CM1 3LY postcode. Properties currently for saleProperties currently for rent

REDWOOD DRIVE, CM1 3LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 3LY 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 3LY postcode.

  • Terraced
    • The average price is around £212,199 median price is £205,000 Standard Deviation is £112,759 with Total Sold: 358
    • The Last 5 Year average price is £372,538 with Total Sold: 66
    • The most recent sale happened at this postcode is , 76 LITTLE MEADOW: £340,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 79 MILLFIELDS: £56,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £253,945 median price is £247,998 Standard Deviation is £132,793 with Total Sold: 472
    • The Last 5 Year average price is £437,217 with Total Sold: 78
    • The most recent sale happened at this postcode is , 5 LONG BRANDOCKS: £463,200 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 150 LONG BRANDOCKS: £56,000 (Sold on 24 Jan 1995)
  • Detached
    • The average price is around £375,386 median price is £345,000 Standard Deviation is £193,354 with Total Sold: 322
    • The Last 5 Year average price is £621,456 with Total Sold: 70
    • The most recent sale happened at this postcode is , 1 MAYFIELD ROAD: £645,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 3 PURCELL COLE: £109,000 (Sold on 11 Apr 1995)
  • Flat
    • The average price is around £155,564 median price is £162,000 Standard Deviation is £78,020 with Total Sold: 120
    • The Last 5 Year average price is £226,524 with Total Sold: 21
    • The most recent sale happened at this postcode is , 54 MILLFIELDS: £204,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 72 MILLFIELDS: £53,000 (Sold on 01 May 1995)
  • Other
    • The average price is around £498,878 median price is £415,000 Standard Deviation is £545,010 with Total Sold: 7
    • The Last 5 Year average price is £285,716 with Total Sold: 3
    • The most recent sale happened at this postcode is , 11 LITTLE MEADOW: £415,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 212 ONGAR ROAD: £600,000 (Sold on 27 May 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£344,625 £4,513 4
2023£425,555 £4,473 9
2022£401,059 £4,690 17
2021£360,750 £4,087 18
2020£331,375 £4,720 8
2019£341,650 £3,821 10
2018£335,955 £3,918 11
2017£329,929 £3,474 7
2016£326,042 £3,379 12
2015£269,194 £3,574 9
2014£242,121 £3,097 15
2013£215,017 £3,033 15
2012£238,436 £2,572 11
2011£208,843 £2,422 6
2010£218,174 £2,667 11
2009£201,367 £2,470 10
2008£238,333 £2,233 6
2007£225,536 £2,544 11
2006£202,642 £2,566 14
2005£185,944 £2,669 9
2004£196,216 £2,264 9
2003£181,133 £2,170 15
2002£133,277 £1,571 9
2001£131,966 £1,486 15
2000£108,347 £1,330 20
1999£101,474 £1,041 8
1998£78,329 £964 27
1997£69,077 £821 20
1996£59,821 £604 14
1995£62,106 £826 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£444,040 £4,290 5
2023£449,269 £5,026 13
2022£472,462 £5,096 13
2021£410,447 £5,099 19
2020£460,208 £4,280 12
2019£411,203 £4,834 16
2018£412,928 £4,364 14
2017£352,094 £4,130 16
2016£364,721 £4,371 9
2015£335,455 £3,470 10
2014£308,199 £3,327 18
2013£297,219 £2,861 16
2012£285,568 £3,194 11
2011£286,800 £3,167 18
2010£272,697 £2,786 18
2009£228,267 £2,540 15
2008£240,110 £2,157 5
2007£266,865 £3,066 26
2006£258,019 £2,700 26
2005£259,462 £2,956 12
2004£220,000 £2,315 18
2003£198,352 £2,050 14
2002£178,227 £1,942 22
2001£126,135 £1,474 20
2000£119,601 £1,307 23
1999£110,038 £1,169 13
1998£85,190 £930 14
1997£79,418 £862 21
1996£79,543 £793 22
1995£64,212 £729 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£575,0002
2023£624,332 £5,268 11
2022£690,854 £5,288 13
2021£574,486 £4,532 21
2020£486,083 £4,629 6
2019£677,794 £4,215 17
2018£486,812 £4,195 8
2017£525,000 £4,443 9
2016£476,500 £4,213 11
2015£491,150 £4,347 10
2014£431,295 £3,746 10
2013£349,000 £3,430 12
2012£346,375 £2,688 8
2011£372,857 £2,594 7
2010£397,250 £3,521 8
2009£394,171 £2,228 3
2008£331,250 £2,526 6
2007£359,559 £2,984 17
2006£295,926 £2,619 17
2005£300,000 £3,257 11
2004£303,817 £2,804 11
2003£280,881 £2,201 16
2002£294,971 £2,130 19
2001£187,939 £1,530 9
2000£154,982 £1,368 11
1999£186,433 £1,250 16
1998£149,254 £1,201 10
1997£120,350 £1,204 7
1996£114,688 £839 8
1995£106,819 £981 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£208,3333
2023£234,083 £4,178 6
2022£235,000 £4,841 2
2021£215,000 £5,467 4
2020£233,125 £3,180 4
2019£232,500 £3,871 2
2018£223,500 £4,211 5
2017£185,454 £4,686 11
2016£176,250 £5,142 12
2015£196,667 £2,631 3
2014£183,333 £2,929 6
2013£159,332 £2,232 3
2012£166,225 £2,934 2
2011£153,750 £2,152 4
2010£163,000 £2,414 1
2009£155,0001
2008£147,000 £2,579 1
2007£247,799 £2,218 5
2006£143,5001
2005£142,000 £2,097 3
2004£127,5001
2003£122,250 £1,603 2
2002£135,429 £1,272 7
2001£97,500 £1,174 4
2000£83,299 £1,199 5
1999£56,938 £840 8
1998£59,332 £846 3
1997£43,549 £536 5
1996£43,375 £635 4
1995£49,000 £682 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£415,000 £4,415 1
2023£429,649 £5,439 1
2021£12,5001
2018£142,500 £1,479 2
2017£1,750,0001
2015£600,000 £11,321 1

House Type in CM1 3LY area

The most common house types in the CM1 3LY postcode area are Detached (45), Semi-detached (41), and Terraced (29).

Total117
Detached45
Semi-detached41
Terraced29
converted building1
commercial building1
Flat0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (72), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright72
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency3
Social rented: Other social rented2
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CM1 3LY have 2 people in household (52), and 1 person in household (36).

2 people in household52
1 person in household36
4 people in household12
3 people in household11
5 people in household3
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0