Housing Market Analysis for WAVELL CLOSE, CM1 6FQ

Are you looking to understand CM1 6FQ 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 6FQ area, explore the CM1 6FQ Area information page.
For comprehensive crime statistics in the CM1 6FQ area, explore the CM1 6FQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 6FQ postcode area, The average prices are as follows,

Flat
- The average price is around £116,968 median price is £118,000 Standard Deviation is £49,960 with Total Sold: 33
- The Last 5 Year average price is £192,000 with Total Sold: 6
- The most recent sale happened at this postcode is 18 WAVELL CLOSE: £217,500 (Sold on 30 Jun 2023)
- The first recorded sale happened at this postcode is 38 WAVELL CLOSE: £176,500 (Sold on 04 Jul 2022)
Terraced
- The average price is around £157,415 median price is £126,950 Standard Deviation is £95,055 with Total Sold: 13
- The Last 5 Year average price is £395,000 with Total Sold: 1
- The most recent sale happened at this postcode is 11 WAVELL CLOSE: £395,000 (Sold on 30 Jun 2022)
- The first recorded sale happened at this postcode is 5 WAVELL CLOSE: £57,500 (Sold on 18 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 6FQ 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£217,500	£3,625	1
2022	£165,750	£3,145	2
2021	£205,000	£3,388	2
2016	£150,000	£3,191	1
2014	£128,725	£2,739	2
2013	£127,667	£2,246	3
2012	£120,000	£2,027	1
2010	£106,498	£2,266	2
2008	£149,000	£2,328	1
2007	£134,000	£2,533	2
2006	£126,748	£2,371	2
2005	£111,250	£2,367	2
2003	£100,000	£1,958	3
2002	£75,500	£1,623	2
2000	£51,083	£1,087	3
2024	£193,000		1
1998	£38,375	£721	2
1996	£10,500	£172	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£395,000	£4,031	1
2018	£281,000	£3,157	1
2012	£203,000	£2,307	1
2011	£175,000	£1,966	1
2005	£166,983	£1,951	3
2002	£113,000	£1,009	1
2001	£114,950	£1,306	1
2000	£87,750	£879	2
1996	£44,000	£498	2

All the Sales in the WAVELL CLOSE, CM1 6FQ

See the table below for more details on the sold house prices in the CM1 6FQ, Chelmsford postcode.

Address	Sold Date	Price	% Change
18 WAVELL CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1950-1966	30 Jun 2023	£217,500	8.75%
	30 Mar 2021	£200,000	33.33%
	25 May 2007	£150,000	18.16%
	11 Aug 2005	£126,950	First Sale
20 WAVELL CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1976-1982	15 Jul 2022	£155,000	217.95%
20 WAVELL CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1976-1982	28 Apr 2000	£48,750	First Sale
11 WAVELL CLOSETerraced, FreeholdArea: 98 Sq.mtrAge: 1983-1990	30 Jun 2022	£395,000	First Sale
40 WAVELL CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 1976-1982	12 Oct 2021	£210,000	54.41%
	07 Oct 2013	£136,000	1.87%
	11 Sep 2006	£133,500	28.37%
	25 Jul 2003	£104,000	890.48%
	26 Feb 1996	£10,500	First Sale
13 WAVELL CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1983-1990	27 Sep 2018	£281,000	60.57%
	02 Feb 2011	£175,000	110.84%
	10 Apr 2000	£83,000	172.13%
	25 Nov 1996	£30,500	First Sale
32 WAVELL CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1967-1975	21 Oct 2016	£150,000	30.43%
	09 Jul 2013	£115,000	1.32%
	19 Aug 2005	£113,500	21.39%
	16 Jun 2003	£93,500	18.35%
	25 Jul 2002	£79,000	First Sale
8 WAVELL CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1976-1982	17 Oct 2014	£134,950	22.69%
	17 Dec 2010	£109,995	-8.33%
	13 Jul 2006	£119,995	10.09%
	14 Feb 2005	£109,000	115.84%
	30 Nov 2000	£50,500	First Sale
4 WAVELL CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1967-1975	22 Jul 2014	£122,500	First Sale
12 WAVELL CLOSEFlat, LeaseholdArea: 64 Sq.mtrAge: 1983-1990	23 Jan 2013	£132,000	-11.41%
12 WAVELL CLOSEFlat, LeaseholdArea: 64 Sq.mtrAge: 1983-1990	12 May 2008	£149,000	First Sale
5 WAVELL CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1983-1990	07 Dec 2012	£203,000	23.78%
	24 Mar 2005	£164,000	42.67%
	07 Dec 2001	£114,950	99.91%
	18 Jul 1996	£57,500	First Sale
42 WAVELL CLOSEFlat, LeaseholdArea: 59.2 Sq.mtrAge: 1976-1982	10 Aug 2012	£120,000	-37.82%
	20 May 2024	£193,000	341.14%
	29 May 1998	£43,750	First Sale
28 WAVELL CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1976-1982	16 Aug 2010	£103,000	0.49%
	02 Sep 2003	£102,500	89.81%
	19 Apr 2000	£54,000	63.64%
	08 Apr 1998	£33,000	First Sale
68 WAVELL CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 1976-1982	29 Jan 2007	£118,000	63.89%
68 WAVELL CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 1976-1982	07 Jun 2002	£72,000	First Sale
15 WAVELL CLOSETerraced, FreeholdArea: 112 Sq.mtrAge: 1967-1975	30 Jun 2005	£210,000	85.84%
	01 Feb 2002	£113,000	22.16%
	21 Jun 2000	£92,500	First Sale
38 WAVELL CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1976-1982	04 Jul 2022	£176,500	First Sale

Check out the sold house prices near the CM1 6FQ postcode. Properties currently for saleProperties currently for rent

WAVELL CLOSE, CM1 6FQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 6FQ 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 6FQ postcode.

Terraced
- The average price is around £199,269 median price is £178,000 Standard Deviation is £129,153 with Total Sold: 768
- The Last 5 Year average price is £351,567 with Total Sold: 104
- The most recent sale happened at this postcode is , 106 CROCUS WAY: £345,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 55 CHURCHILL RISE: £55,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £216,337 median price is £192,500 Standard Deviation is £129,122 with Total Sold: 585
- The Last 5 Year average price is £400,825 with Total Sold: 101
- The most recent sale happened at this postcode is , 16 KNAPTON CLOSE: £420,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 41 STIRRUP CLOSE: £77,500 (Sold on 27 Mar 1995)
Detached
- The average price is around £348,684 median price is £310,000 Standard Deviation is £217,555 with Total Sold: 472
- The Last 5 Year average price is £535,328 with Total Sold: 126
- The most recent sale happened at this postcode is , 19 WRIGHT CRESCENT: £530,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 29 LEYBOURNE DRIVE: £40,000 (Sold on 31 Jan 1995)
Other
- The average price is around £322,390 median price is £360,000 Standard Deviation is £298,582 with Total Sold: 9
- The Last 5 Year average price is £185,625 with Total Sold: 7
- The most recent sale happened at this postcode is , 7 BARN GREEN: £360,000 (Sold on 15 Jul 2024)
- The first recorded sale happened at this postcode is , 158 ARMISTICE AVENUE: £896,043 (Sold on 31 Mar 2016)
Flat
- The average price is around £113,552 median price is £112,000 Standard Deviation is £68,210 with Total Sold: 471
- The Last 5 Year average price is £215,553 with Total Sold: 78
- The most recent sale happened at this postcode is , 42 WAVELL CLOSE: £193,000 (Sold on 20 May 2024)
- The first recorded sale happened at this postcode is , 91 CROCUS WAY: £36,000 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£349,000	£4,302	10
2023	£368,327	£4,735	13
2022	£383,791	£5,069	28
2021	£361,532	£4,351	17
2020	£299,567	£4,680	15
2019	£328,524	£3,965	21
2018	£316,427	£3,943	21
2017	£397,116	£4,100	28
2016	£405,628	£3,869	50
2015	£248,414	£3,537	24
2014	£235,917	£3,007	31
2013	£199,192	£2,793	26
2012	£184,375	£3,365	20
2011	£200,800	£2,584	18
2010	£202,083	£2,520	18
2009	£164,389	£2,699	9
2008	£196,972	£2,499	12
2007	£213,739	£2,568	19
2006	£175,121	£2,586	33
2005	£170,576	£2,380	32
2004	£163,108	£2,563	25
2003	£147,166	£2,177	36
2002	£128,023	£1,805	32
2001	£99,052	£1,467	40
2000	£88,175	£1,289	34
1999	£72,935	£961	31
1998	£68,246	£936	25
1997	£62,942	£1,094	34
1996	£52,892	£744	30
1995	£49,110	£778	36

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£374,750		8
2023	£416,591	£5,131	11
2022	£448,283	£4,589	26
2021	£375,599	£4,377	15
2020	£394,966	£3,759	15
2019	£372,653	£4,017	26
2018	£341,922	£4,260	16
2017	£372,868	£4,014	34
2016	£383,090	£4,182	17
2015	£279,167	£3,087	6
2014	£257,313	£3,181	19
2013	£228,932	£2,904	9
2012	£212,406	£2,778	16
2011	£200,042	£2,488	12
2010	£198,431	£2,614	8
2009	£187,498	£2,642	19
2008	£225,409	£2,564	11
2007	£207,298	£2,639	21
2006	£185,221	£2,494	30
2005	£184,438	£2,338	16
2004	£171,564	£2,546	21
2003	£170,663	£2,153	30
2002	£134,822	£1,832	40
2001	£105,921	£1,583	23
2000	£96,606	£1,276	23
1999	£75,468	£963	23
1998	£68,978	£1,095	16
1997	£69,272	£868	33
1996	£62,955	£829	29
1995	£64,558	£854	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£487,440	£3,869	5
2023	£465,644	£5,054	9
2022	£612,102	£4,362	27
2021	£504,428	£4,239	33
2020	£541,819	£4,101	25
2019	£522,405	£4,444	27
2018	£633,666	£4,018	30
2017	£512,893	£3,978	47
2016	£528,472	£4,035	18
2015	£356,611	£3,468	9
2014	£306,132	£3,040	11
2013	£278,769	£2,865	13
2012	£279,299	£2,408	5
2011	£237,998	£2,556	3
2010	£259,318	£2,599	11
2009	£216,500	£2,605	6
2008	£242,999	£2,239	5
2007	£256,862	£2,495	8
2006	£232,850	£2,781	10
2005	£214,812	£2,511	8
2004	£197,062	£2,149	16
2003	£192,889	£2,190	9
2002	£163,719	£1,669	16
2001	£143,228	£1,483	25
2000	£132,785	£1,367	14
1999	£106,907	£1,084	27
1998	£99,577	£992	13
1997	£89,666	£937	9
1996	£87,176	£951	16
1995	£81,649	£757	17

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£360,000		1
2023	£362,500	£4,966	1
2022	£400,000	£5,195	1
2021	£44,333		3
2020	£43,875		1
2016	£801,068	£10,013	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,000		4
2023	£203,455	£3,336	11
2022	£224,944	£3,665	18
2021	£189,161	£3,287	18
2020	£230,663	£3,571	17
2019	£244,800	£3,543	10
2018	£179,600	£3,370	5
2017	£163,212	£3,189	10
2016	£153,229	£3,176	13
2015	£134,302	£2,657	18
2014	£122,546	£2,470	15
2013	£118,545	£2,151	11
2012	£108,667	£2,105	6
2011	£115,694	£2,060	9
2010	£118,949	£2,348	10
2009	£121,104	£2,025	11
2008	£130,224	£2,281	10
2007	£127,889	£2,709	18
2006	£125,027	£2,354	25
2005	£116,590	£2,209	22
2004	£113,690	£2,259	21
2003	£98,260	£1,921	25
2002	£85,197	£1,569	20
2001	£67,480	£1,340	24
2000	£55,329	£1,132	22
1999	£45,652	£904	21
1998	£40,188	£751	17
1997	£36,063	£718	30
1996	£31,561	£578	12
1995	£32,835	£635	18

House Type in CM1 6FQ area

The most common house types in the CM1 6FQ postcode area are Flat (61), Terraced (6), and Semi-detached (2).

Total	69
Flat	61
Terraced	6
Semi-detached	2
Detached	0
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 Social rented: Other social rented (39), and Social rented: Rents from council or Local Authority (9).

Social rented: Other social rented	39
Social rented: Rents from council or Local Authority	9
Owned: Owns with a mortgage or loan	8
Private rented: Private landlord or letting agency	7
Owned: Owns outright	5
Shared ownership: Shared ownership	2
Lives rent free	1
Does not apply	0
Private rented: Other private rented	0

Number of People in a Household

The most houses in the CM1 6FQ have 1 person in household (47), and 2 people in household (13).

1 person in household	47
2 people in household	13
3 people in household	9
4 people in household	1
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0