Housing Market Analysis for WAVENEY DRIVE, CM1 7PJ

Are you looking to understand CM1 7PJ 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 7PJ area, explore the CM1 7PJ Area information page.
For comprehensive crime statistics in the CM1 7PJ area, explore the CM1 7PJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 7PJ postcode area, The average prices are as follows,

Flat
- The average price is around £106,318 median price is £105,500 Standard Deviation is £54,367 with Total Sold: 44
- The Last 5 Year average price is £228,750 with Total Sold: 2
- The most recent sale happened at this postcode is 16, BIRK BECK WAVENEY DRIVE: £227,500 (Sold on 01 Jul 2022)
- The first recorded sale happened at this postcode is 10, BIRK BECK WAVENEY DRIVE: £230,000 (Sold on 12 Jul 2024)
Semi-Detached
- The average price is around £64,500 median price is £64,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 11, BIRK BECK WAVENEY DRIVE: £64,500 (Sold on 06 Apr 2001)
- The first recorded sale happened at this postcode is 11, BIRK BECK WAVENEY DRIVE: £64,500 (Sold on 06 Apr 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 7PJ 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
2022	£227,500	£3,346	1
2018	£156,000	£2,438	2
2017	£200,000	£3,067	2
2016	£166,000	£2,452	1
2015	£153,000	£2,250	1
2014	£139,000	£2,146	4
2012	£117,000	£1,797	3
2011	£128,500	£1,879	1
2010	£137,000	£2,024	1
2008	£118,500	£1,881	2
2006	£133,500	£2,119	2
2005	£117,000		1
2004	£125,998	£1,953	2
2003	£106,000	£1,683	1
2002	£80,750	£1,229	2
2001	£71,112	£1,119	4
2000	£59,082	£923	3
1998	£49,624	£779	4
1997	£41,833	£661	3
1996	£27,250	£402	2
1995	£36,300		1
2024	£230,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£64,500	£1,008	1

All the Sales in the WAVENEY DRIVE, CM1 7PJ

See the table below for more details on the sold house prices in the CM1 7PJ, Chelmsford postcode.

Address	Sold Date	Price	% Change
16, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 68 Sq.mtrAge: 1967-1975	01 Jul 2022	£227,500	48.69%
	08 Dec 2015	£153,000	91.25%
	22 Feb 2002	£80,000	173.50%
	08 Mar 1996	£29,250	First Sale
12, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-1975	14 Sep 2018	£207,000	176.18%
	31 Aug 2001	£74,950	30.92%
	25 Feb 2000	£57,250	First Sale
15, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-1975	18 May 2018	£105,000	123.43%
	10 Jun 1998	£46,995	First Sale
3, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 67.7 Sq.mtrAge: 1967-1975	25 Aug 2017	£195,000	17.47%
	08 Feb 2016	£166,000	21.17%
	08 Sep 2010	£137,000	442.57%
	27 Mar 1996	£25,250	First Sale
6, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 1967-1975	05 Apr 2017	£205,000	49.64%
	24 Nov 2006	£137,000	94.33%
	02 Aug 2001	£70,500	First Sale
5, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 1950-1966	29 Oct 2014	£152,500	7.39%
	11 Jan 2008	£142,000	162.96%
	19 Oct 1998	£54,000	First Sale
1, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 1950-1966	08 Oct 2014	£125,000	101.61%
	15 Jan 2001	£62,000	58.97%
	02 May 1997	£39,000	First Sale
18, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	31 Mar 2014	£139,000	4.51%
	02 Oct 2012	£133,000	4.73%
	09 Jul 2004	£126,995	111.66%
	31 Mar 2000	£60,000	26.32%
	29 Apr 1998	£47,500	First Sale
4, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 68.38 Sq.mtrAge: 1967-1975	06 Jan 2014	£139,500	8.56%
	15 Jul 2011	£128,500	First Sale
11, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 64 Sq.mtrAge: 1950-1966	30 Nov 2012	£102,000	58.14%
	06 Apr 2001	£64,500	First Sale
14, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 66.2 Sq.mtrAge: 1967-1975	19 Sep 2012	£116,000	First Sale
7, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 1967-1975	12 Dec 2008	£95,000	First Sale
10, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 1983-1990	21 Dec 2006	£130,000	22.64%
	19 Sep 2003	£106,000	76.68%
	12 Dec 2000	£59,995	36.35%
	28 Nov 1997	£44,000	-80.87%
	12 Jul 2024	£230,000	First Sale
STORE ASSOCIATED WITH 5, BIRK BECK WAVENEY DRIVEFlat, Leasehold	17 Feb 2005	£117,000	First Sale
17, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-1975	17 Feb 2004	£125,000	62.34%
	22 Oct 2001	£77,000	81.18%
	06 Aug 1997	£42,500	First Sale
8, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 63.64 Sq.mtrAge: 1967-1975	25 Apr 2002	£81,500	First Sale
9, BIRK BECK WAVENEY DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 1967-1975	02 Nov 1998	£50,000	First Sale
13, BIRK BECK WAVENEY DRIVEFlat, Leasehold	30 Nov 1995	£36,300	First Sale

Check out the sold house prices near the CM1 7PJ postcode. Properties currently for saleProperties currently for rent

WAVENEY DRIVE, CM1 7PJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 7PJ 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 7PJ postcode.

Detached
- The average price is around £324,946 median price is £285,000 Standard Deviation is £191,433 with Total Sold: 363
- The Last 5 Year average price is £567,995 with Total Sold: 64
- The most recent sale happened at this postcode is , 105 HUMBER ROAD: £665,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 1 BURNHAM ROAD: £85,000 (Sold on 30 Mar 1995)
Flat
- The average price is around £111,943 median price is £120,000 Standard Deviation is £56,164 with Total Sold: 445
- The Last 5 Year average price is £207,080 with Total Sold: 43
- The most recent sale happened at this postcode is , 89 WAVENEY DRIVE: £240,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 8 TEES ROAD: £35,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £203,747 median price is £192,750 Standard Deviation is £103,696 with Total Sold: 192
- The Last 5 Year average price is £319,056 with Total Sold: 44
- The most recent sale happened at this postcode is , 14 WINDRUSH DRIVE: £245,000 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is , 15 WEAR DRIVE: £54,000 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £224,250 median price is £215,000 Standard Deviation is £113,764 with Total Sold: 480
- The Last 5 Year average price is £376,650 with Total Sold: 81
- The most recent sale happened at this postcode is , 40 LAWN LANE: £575,000 (Sold on 20 May 2024)
- The first recorded sale happened at this postcode is , 82 WAVENEY DRIVE: £63,000 (Sold on 06 Feb 1995)
Other
- The average price is around £154,075 median price is £21,750 Standard Deviation is £298,701 with Total Sold: 12
- The Last 5 Year average price is £196,322 with Total Sold: 9
- The most recent sale happened at this postcode is , 24 BODMIN ROAD: £460,000 (Sold on 28 Apr 2023)
- The first recorded sale happened at this postcode is , PLOT 2 HUMBER ROAD: £20,000 (Sold on 24 Aug 2017)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£543,000	£4,952	5
2023	£641,000	£5,499	5
2022	£621,200	£5,221	15
2021	£585,744	£4,686	15
2020	£560,100	£3,985	15
2019	£436,222	£4,100	9
2018	£499,769	£4,257	13
2017	£453,400	£4,635	10
2016	£476,305	£4,210	18
2015	£401,473	£3,495	11
2014	£411,504	£3,656	14
2013	£320,856	£2,943	7
2012	£349,000	£2,831	10
2011	£289,722	£2,816	9
2010	£391,214	£3,307	7
2009	£328,166	£2,681	12
2008	£344,595	£2,445	11
2007	£287,900	£2,451	5
2006	£290,962	£2,268	12
2005	£299,166	£1,754	9
2004	£274,521	£2,182	12
2003	£228,423	£1,845	13
2002	£189,868	£1,895	16
2001	£165,615	£1,601	13
2000	£180,610	£1,522	25
1999	£149,342	£1,173	19
1998	£139,352	£1,083	14
1997	£123,500	£1,128	10
1996	£124,208	£830	18
1995	£105,364	£621	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£229,000	£3,929	5
2023	£214,833	£3,823	6
2022	£226,075	£3,688	6
2021	£201,125	£3,616	12
2020	£185,500	£4,310	6
2019	£198,438	£3,315	8
2018	£182,350	£3,115	10
2017	£192,727	£3,307	11
2016	£177,787	£3,132	12
2015	£165,958	£2,892	12
2014	£142,625	£2,334	16
2013	£139,730	£2,532	13
2012	£126,893	£2,190	14
2011	£132,500	£2,318	10
2010	£116,857	£2,311	7
2009	£128,583	£2,275	6
2008	£125,900	£2,111	10
2007	£144,878	£2,481	21
2006	£128,194	£2,266	28
2005	£128,049	£2,084	15
2004	£116,806	£2,046	22
2003	£108,853	£2,067	19
2002	£89,309	£1,525	21
2001	£65,772	£1,196	27
2000	£62,205	£1,152	26
1999	£50,488	£875	21
1998	£47,545	£796	22
1997	£42,048	£733	23
1996	£35,213	£579	19
1995	£34,811	£613	17

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£300,600	£4,036	5
2023	£264,375	£3,344	8
2022	£374,900	£4,161	10
2021	£322,143	£3,663	7
2020	£329,325	£3,660	6
2019	£305,062	£3,557	8
2018	£287,500	£3,453	4
2017	£325,250	£3,528	6
2016	£287,950	£2,964	10
2015	£256,750	£3,248	4
2014	£287,400	£3,052	5
2013	£194,000	£2,101	3
2012	£219,112	£2,199	4
2011	£200,250	£2,171	2
2010	£216,083	£2,304	6
2009	£179,778	£2,123	9
2008	£198,600	£1,533	5
2007	£213,856	£2,080	7
2006	£188,999	£2,179	9
2005	£171,498	£1,943	6
2004	£186,999	£2,118	6
2003	£137,165	£1,889	4
2002	£133,312	£1,384	8
2001	£101,321	£1,346	7
2000	£92,405	£1,123	11
1999	£71,583	£860	6
1998	£74,166	£811	9
1997	£78,330	£750	3
1996	£62,393	£589	7
1995	£58,713	£653	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£466,250		2
2023	£388,003	£4,498	14
2022	£406,522	£4,826	20
2021	£360,330	£4,479	15
2020	£377,703	£4,691	16
2019	£326,107	£3,806	14
2018	£362,731	£4,229	13
2017	£369,400	£4,016	18
2016	£329,222	£3,790	18
2015	£299,866	£3,524	15
2014	£268,366	£3,130	15
2013	£242,366	£2,568	15
2012	£242,423	£2,776	13
2011	£210,338	£2,437	17
2010	£226,394	£2,778	19
2009	£214,694	£2,363	18
2008	£197,000	£2,570	8
2007	£243,636	£2,574	18
2006	£206,089	£2,384	19
2005	£190,696	£2,426	15
2004	£180,985	£1,998	21
2003	£177,166	£2,287	15
2002	£154,146	£1,778	18
2001	£118,302	£1,241	21
2000	£101,278	£1,240	14
1999	£89,214	£1,022	14
1998	£83,906	£1,049	22
1997	£77,114	£830	18
1996	£70,488	£870	21
1995	£68,035	£772	14

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£305,000	£4,299	2
2022	£536,000	£5,151	2
2021	£5,950	£9	2
2020	£10,000		1
2019	£31,500	£864	2
2018	£31,000	£350	2
2017	£20,000		1

House Type in CM1 7PJ area

The most common house types in the CM1 7PJ postcode area are Detached (44), Semi-detached (40), and Flat (33).

Total	128
Detached	44
Semi-detached	40
Flat	33
Terraced	7
Shared house	3
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	40
Private rented: Private landlord or letting agency	26
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CM1 7PJ have 2 people in household (53), and 1 person in household (38).

2 people in household	53
1 person in household	38
4 people in household	21
3 people in household	17
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0