Housing Market Analysis for WEAR DRIVE, CM1 7PT

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £112,332 median price is £125,500 Standard Deviation is £56,104 with Total Sold: 36
    • The Last 5 Year average price is £194,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 WEAR DRIVE: £230,000 (Sold on 23 May 2024)
    • The first recorded sale happened at this postcode is 29 WEAR DRIVE: £36,000 (Sold on 30 Mar 1995)
  • Semi-Detached
    • The average price is around £237,750 median price is £287,500 Standard Deviation is £126,378 with Total Sold: 10
    • The Last 5 Year average price is £380,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 53 WEAR DRIVE: £385,000 (Sold on 18 Jan 2023)
    • The first recorded sale happened at this postcode is 23 WEAR DRIVE: £86,000 (Sold on 18 Apr 1997)
  • Terraced
    • The average price is around £207,333 median price is £199,500 Standard Deviation is £107,379 with Total Sold: 6
    • The Last 5 Year average price is £345,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 WEAR DRIVE: £345,000 (Sold on 18 Mar 2022)
    • The first recorded sale happened at this postcode is 15 WEAR DRIVE: £54,000 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £138,900 median price is £89,000 Standard Deviation is £74,799 with Total Sold: 5
    • The most recent sale happened at this postcode is 22 WEAR DRIVE: £267,000 (Sold on 21 Jun 2013)
    • The first recorded sale happened at this postcode is 24 WEAR DRIVE: £84,500 (Sold on 02 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 7PT 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,0001
2021£204,000 £3,400 1
2019£171,500 £3,316 2
2018£190,000 £3,455 1
2016£160,225 £2,811 2
2015£166,000 £3,199 2
2014£100,000 £1,852 1
2013£146,500 £2,664 1
2012£129,500 £2,245 2
2011£126,000 £2,230 1
2009£137,500 £2,396 1
2008£139,995 £2,478 1
2007£152,500 £2,768 2
2006£134,000 £2,300 2
2004£115,000 £2,018 1
2003£114,500 £2,018 2
2001£60,000 £1,071 1
2000£69,995 £1,167 1
1999£53,333 £1,061 3
1998£46,750 £812 2
1996£36,125 £651 4
1995£35,250 £655 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£385,000 £3,969 1
2021£375,000 £3,319 1
2017£325,000 £3,736 1
2015£342,498 £3,019 2
2010£250,000 £2,543 1
2001£117,000 £1,345 1
1998£82,000 £943 1
1997£79,250 £796 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£345,000 £3,966 1
2016£337,000 £3,439 1
2013£192,000 £2,207 1
2010£207,000 £2,330 1
2000£109,000 £1,112 1
1995£54,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£267,000 £2,716 1
2006£181,0001
2000£89,0001
1996£78,750 £695 2

All the Sales in the WEAR DRIVE, CM1 7PT

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

AddressSold DatePrice% Change
5 WEAR DRIVEFlat, Leasehold23 May 2024£230,00035.29%
23 Jun 2015£170,00016.04%
24 May 2013£146,500-5.48%
27 Jul 2007£155,00037.17%
07 Nov 2003£113,000First Sale
53 WEAR DRIVESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-197518 Jan 2023£385,000First Sale
13 WEAR DRIVETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-197518 Mar 2022£345,000First Sale
37 WEAR DRIVEFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-197527 Sep 2021£204,000191.45%
28 Jul 2000£69,995First Sale
25 WEAR DRIVESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1967-197515 Jan 2021£375,000First Sale
6 WEAR DRIVEFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-197520 Nov 2019£148,000-8.64%
29 Oct 2015£162,00040.87%
25 Jun 2004£115,000121.15%
24 May 1999£52,000First Sale
33 WEAR DRIVEFlat, LeaseholdArea: 54 Sq.mtrAge: 1967-197502 Jul 2019£195,00095.00%
03 Jan 2014£100,000First Sale
1 WEAR DRIVEFlat, LeaseholdArea: 55 Sq.mtrAge: 1967-197529 Jun 2018£190,000First Sale
34 WEAR DRIVESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-196618 Sep 2017£325,000177.78%
13 Nov 2001£117,00042.68%
26 Nov 1998£82,000First Sale
19 WEAR DRIVETerraced, FreeholdArea: 98 Sq.mtrAge: 1967-197507 Jul 2016£337,000209.17%
19 May 2000£109,000First Sale
35 WEAR DRIVEFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-197526 May 2016£162,950First Sale
3 WEAR DRIVEFlat, LeaseholdArea: 56 Sq.mtrAge: 1950-196603 May 2016£157,500162.50%
26 Jan 2001£60,00031.87%
08 Apr 1998£45,50030.00%
18 Dec 1996£35,000First Sale
23 WEAR DRIVESemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1967-197522 May 2015£329,995283.72%
18 Apr 1997£86,000First Sale
27 WEAR DRIVESemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1967-197524 Apr 2015£355,000First Sale
22 WEAR DRIVEDetached, FreeholdArea: 98.29 Sq.mtrAge: 1967-197521 Jun 2013£267,0006.80%
08 Jan 2010£250,000First Sale
11 WEAR DRIVETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-197518 Jun 2013£192,000First Sale
41 WEAR DRIVEFlat, LeaseholdArea: 56.5 Sq.mtrAge: 1967-197517 Dec 2012£134,0006.35%
25 Oct 2011£126,000-10.00%
07 Mar 2008£139,995First Sale
2 WEAR DRIVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-197507 Sep 2012£125,000212.50%
07 Mar 1996£40,000First Sale
17 WEAR DRIVETerraced, FreeholdArea: 88.84 Sq.mtrAge: 1950-196626 Nov 2010£207,000First Sale
8 WEAR DRIVEFlat, LeaseholdArea: 57.38 Sq.mtrAge: 1967-197507 May 2009£137,5004.17%
10 Jul 2006£132,000First Sale
4 WEAR DRIVEFlat, Leasehold31 Jul 2007£150,00010.29%
29 Sep 2006£136,000294.20%
03 Nov 1995£34,500First Sale
9 WEAR DRIVEDetached, Freehold19 Jul 2006£181,000103.37%
21 Feb 2000£89,000First Sale
39 WEAR DRIVEFlat, Leasehold07 Nov 2003£116,000141.67%
28 May 1999£48,0000.0
31 Dec 1998£48,00033.33%
31 May 1996£36,000First Sale
47 WEAR DRIVEFlat, Leasehold07 Dec 1999£60,00079.10%
06 Dec 1996£33,500First Sale
26 WEAR DRIVESemi-Detached, Freehold24 Oct 1997£72,500First Sale
20 WEAR DRIVEDetached, FreeholdArea: 98 Sq.mtrAge: 1950-196612 Sep 1996£73,000First Sale
24 WEAR DRIVEDetached, FreeholdArea: 131 Sq.mtrAge: 1967-197502 Feb 1996£84,500First Sale
15 WEAR DRIVETerraced, Freehold31 Mar 1995£54,000First Sale
29 WEAR DRIVEFlat, LeaseholdArea: 55 Sq.mtrAge: 1950-196630 Mar 1995£36,000First Sale

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

WEAR DRIVE, CM1 7PT Near By properties

Interactive Map

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

  • Detached
    • The average price is around £321,713 median price is £286,250 Standard Deviation is £178,322 with Total Sold: 454
    • The Last 5 Year average price is £553,386 with Total Sold: 76
    • 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 £113,271 median price is £120,000 Standard Deviation is £55,938 with Total Sold: 435
    • 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)
  • Semi-Detached
    • The average price is around £224,473 median price is £219,250 Standard Deviation is £115,736 with Total Sold: 640
    • The Last 5 Year average price is £385,144 with Total Sold: 109
    • The most recent sale happened at this postcode is , 6 DARTMOUTH ROAD: £392,500 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 29 DOWNSWAY: £68,000 (Sold on 10 Jan 1995)
  • Terraced
    • The average price is around £217,477 median price is £198,000 Standard Deviation is £133,030 with Total Sold: 273
    • The Last 5 Year average price is £352,539 with Total Sold: 63
    • 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)
  • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£542,457 £4,952 7
2023£721,250 £6,154 8
2022£606,647 £5,251 17
2021£578,604 £4,786 16
2020£482,972 £4,308 18
2019£422,600 £4,055 10
2018£495,389 £4,218 18
2017£441,462 £4,739 13
2016£466,638 £4,276 21
2015£426,638 £3,704 16
2014£395,558 £3,559 18
2013£315,153 £3,176 13
2012£339,166 £3,070 12
2011£293,250 £2,844 10
2010£378,409 £3,117 11
2009£317,533 £2,704 15
2008£335,045 £2,667 12
2007£313,214 £2,454 7
2006£285,821 £2,577 14
2005£295,288 £1,754 13
2004£264,734 £2,404 16
2003£223,174 £2,154 17
2002£187,678 £1,805 19
2001£198,059 £1,738 17
2000£185,871 £1,550 29
1999£145,896 £1,234 24
1998£140,274 £1,004 18
1997£113,533 £1,140 15
1996£126,847 £860 18
1995£96,258 £629 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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£134,900 £2,299 5
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£117,320 £2,035 21
2003£110,094 £2,081 18
2002£89,309 £1,525 21
2001£66,167 £1,194 26
2000£62,205 £1,152 26
1999£51,995 £889 19
1998£47,545 £796 22
1997£42,048 £733 23
1996£35,447 £572 18
1995£35,592 £594 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£433,7504
2023£391,784 £4,575 16
2022£416,513 £5,012 34
2021£367,839 £4,698 22
2020£373,191 £4,631 17
2019£336,188 £3,987 16
2018£355,618 £4,130 17
2017£367,007 £4,316 23
2016£332,023 £4,007 21
2015£302,079 £3,743 22
2014£268,357 £3,280 21
2013£240,274 £2,786 20
2012£244,361 £2,727 18
2011£217,413 £2,510 23
2010£229,113 £2,922 22
2009£212,630 £2,479 23
2008£202,818 £2,617 11
2007£243,656 £2,568 22
2006£215,819 £2,374 24
2005£195,640 £2,650 21
2004£180,887 £2,054 25
2003£179,824 £2,255 20
2002£154,732 £1,791 20
2001£121,580 £1,305 23
2000£108,202 £1,330 19
1999£91,045 £1,156 28
1998£84,495 £1,031 26
1997£80,091 £910 28
1996£72,819 £899 29
1995£70,420 £761 25
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,000 £4,036 6
2023£318,625 £3,748 12
2022£449,067 £4,346 15
2021£330,625 £3,830 8
2020£330,772 £3,653 9
2019£319,269 £3,539 13
2018£307,500 £3,604 6
2017£328,786 £3,728 7
2016£298,143 £3,164 14
2015£268,562 £3,350 8
2014£289,625 £2,947 8
2013£208,800 £2,347 5
2012£225,290 £2,326 5
2011£210,380 £2,325 5
2010£209,950 £2,328 10
2009£179,778 £2,123 9
2008£196,333 £1,631 6
2007£278,444 £2,102 9
2006£185,269 £2,161 13
2005£174,141 £1,968 7
2004£187,350 £2,142 10
2003£156,027 £1,962 6
2002£135,750 £1,502 10
2001£102,194 £1,316 9
2000£96,227 £1,126 15
1999£77,786 £860 7
1998£77,428 £804 14
1997£114,164 £749 6
1996£65,097 £682 11
1995£56,399 £612 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£305,000 £4,299 2
2022£536,000 £5,151 2
2021£5,950 £9 2
2020£10,0001
2019£31,500 £864 2
2018£31,000 £350 2
2017£20,0001

House Type in CM1 7PT area

The most common house types in the CM1 7PT postcode area are Semi-detached (68), Flat (28), and Terraced (20).

Total134
Semi-detached68
Flat28
Terraced20
Detached16
commercial building2
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright67
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency20
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the CM1 7PT have 2 people in household (50), and 1 person in household (31).

2 people in household50
1 person in household31
3 people in household31
4 people in household15
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0