Housing Market Analysis for WAVENEY DRIVE, CM1 7PX

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

Overview of Sold House prices

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

Detached
- The average price is around £282,077 median price is £260,000 Standard Deviation is £120,117 with Total Sold: 26
- The Last 5 Year average price is £437,800 with Total Sold: 5
- The most recent sale happened at this postcode is 27 WAVENEY DRIVE: £500,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is 15 WAVENEY DRIVE: £98,000 (Sold on 25 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 7PX 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£500,000		1
2021	£425,000	£5,183	1
2020	£450,000	£3,798	2
2019	£364,000	£3,753	1
2017	£435,000	£4,485	1
2016	£507,500	£3,996	1
2013	£246,000	£2,772	2
2012	£270,000	£2,755	1
2011	£188,500	£787	2
2009	£274,000	£2,594	2
2008	£305,000		1
2007	£300,000	£1,829	1
2006	£250,000	£2,232	1
2005	£232,665		3
2002	£222,500		2
2000	£185,000	£1,457	1
1999	£122,000		1
1998	£112,500		1
1995	£98,000	£338	1

All the Sales in the WAVENEY DRIVE, CM1 7PX

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

Address	Sold Date	Price	% Change
27 WAVENEY DRIVEDetached, Freehold	28 Aug 2024	£500,000	37.36%
27 WAVENEY DRIVEDetached, Freehold	18 Dec 2019	£364,000	First Sale
23 WAVENEY DRIVEDetached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	02 Mar 2021	£425,000	70.00%
	12 Dec 2013	£250,000	First Sale
5 WAVENEY DRIVEDetached, FreeholdArea: 153 Sq.mtrAge: 1967-1975	30 Jun 2020	£545,000	First Sale
35 WAVENEY DRIVEDetached, FreeholdArea: 88 Sq.mtrAge: 1967-1975	23 Jan 2020	£355,000	First Sale
37 WAVENEY DRIVEDetached, FreeholdArea: 97 Sq.mtrAge: 1950-1966	14 Nov 2017	£435,000	79.75%
	12 Apr 2013	£242,000	First Sale
11 WAVENEY DRIVEDetached, FreeholdArea: 127 Sq.mtrAge: 1950-1966	11 Nov 2016	£507,500	407.50%
	14 Nov 2011	£100,000	-45.95%
	08 Dec 2000	£185,000	First Sale
25 WAVENEY DRIVEDetached, FreeholdArea: 98 Sq.mtrAge: 1950-1966	18 Dec 2012	£270,000	First Sale
13 WAVENEY DRIVEDetached, Freehold	29 Mar 2011	£277,000	127.05%
13 WAVENEY DRIVEDetached, Freehold	21 Oct 1999	£122,000	First Sale
33 WAVENEY DRIVEDetached, FreeholdArea: 116 Sq.mtrAge: 1967-1975	30 Nov 2009	£278,000	First Sale
3 WAVENEY DRIVEDetached, FreeholdArea: 96.7 Sq.mtrAge: 1967-1975	20 Nov 2009	£270,000	-10.00%
	05 Feb 2007	£300,000	First Sale
21 WAVENEY DRIVEDetached, Freehold	31 Jan 2008	£305,000	24.49%
	09 Sep 2005	£245,000	25.64%
	19 Jul 2002	£195,000	First Sale
41 WAVENEY DRIVEDetached, FreeholdArea: 112 Sq.mtrAge: 1967-1975	29 Nov 2006	£250,000	First Sale
19 WAVENEY DRIVEDetached, Freehold	15 Aug 2005	£224,995	First Sale
31 WAVENEY DRIVEDetached, Freehold	22 Apr 2005	£228,000	First Sale
7 WAVENEY DRIVEDetached, Freehold	23 Aug 2002	£250,000	First Sale
43 WAVENEY DRIVEDetached, Freehold	30 Oct 1998	£112,500	First Sale
15 WAVENEY DRIVEDetached, FreeholdArea: 290 Sq.mtrAge: 1950-1966	25 May 1995	£98,000	First Sale

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

WAVENEY DRIVE, CM1 7PX Near By properties

Interactive Map

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

Detached
- The average price is around £327,999 median price is £284,000 Standard Deviation is £193,059 with Total Sold: 364
- The Last 5 Year average price is £572,151 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 £111,848 median price is £119,250 Standard Deviation is £56,181 with Total Sold: 440
- 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 £202,612 median price is £192,750 Standard Deviation is £102,988 with Total Sold: 200
- The Last 5 Year average price is £316,814 with Total Sold: 46
- The most recent sale happened at this postcode is , 24 CHURCH LANE: £270,000 (Sold on 21 Jun 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 £221,607 median price is £215,000 Standard Deviation is £113,003 with Total Sold: 477
- The Last 5 Year average price is £373,363 with Total Sold: 79
- 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 £154,445 median price is £20,000 Standard Deviation is £311,980 with Total Sold: 11
- The Last 5 Year average price is £202,112 with Total Sold: 8
- 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	£663,000	£5,901	5
2022	£626,188	£5,233	16
2021	£588,655	£4,691	14
2020	£560,100	£3,985	15
2019	£436,222	£4,100	9
2018	£511,417	£4,258	12
2017	£453,400	£4,635	10
2016	£476,305	£4,210	18
2015	£409,382	£3,485	11
2014	£435,070	£3,692	15
2013	£325,856	£2,937	7
2012	£347,222	£2,831	9
2011	£289,722	£2,816	9
2010	£391,214	£3,307	7
2009	£324,077	£2,618	13
2008	£344,595	£2,445	11
2007	£287,900	£2,451	5
2006	£289,232	£2,365	11
2005	£305,312	£1,754	8
2004	£274,521	£2,182	12
2003	£232,167	£1,907	15
2002	£194,288	£1,910	17
2001	£180,353	£1,712	17
2000	£182,135	£1,546	24
1999	£150,970	£1,206	17
1998	£147,496	£1,114	14
1997	£123,500	£1,128	10
1996	£125,809	£839	17
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	£177,995	£3,132	11
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	£133,417	£2,311	6
2009	£128,583	£2,275	6
2008	£124,333	£2,111	9
2007	£144,878	£2,481	21
2006	£127,728	£2,312	26
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	£295,500	£4,036	6
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	£300,611	£3,655	9
2018	£287,500	£3,453	4
2017	£325,250	£3,528	6
2016	£287,950	£2,964	10
2015	£251,390	£3,369	5
2014	£287,400	£3,052	5
2013	£194,000	£2,101	3
2012	£210,890	£2,356	5
2011	£183,875	£2,594	4
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	£186,600	£2,269	10
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	£89,727	£1,181	13
1999	£71,583	£860	6
1998	£74,166	£811	9
1997	£53,328	£901	3
1996	£53,625	£589	6
1995	£58,713	£653	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£466,250		2
2023	£388,192	£4,515	13
2022	£402,392	£4,783	19
2021	£355,466	£4,491	16
2020	£377,703	£4,691	16
2019	£318,500	£3,820	13
2018	£354,967	£4,249	15
2017	£364,168	£3,982	19
2016	£328,117	£3,775	17
2015	£299,866	£3,524	15
2014	£259,615	£3,056	13
2013	£238,076	£2,554	13
2012	£239,319	£2,729	11
2011	£210,338	£2,437	17
2010	£226,394	£2,778	19
2009	£206,552	£2,415	19
2008	£197,000	£2,570	8
2007	£233,164	£2,663	21
2006	£208,035	£2,384	20
2005	£190,696	£2,426	15
2004	£179,577	£2,080	22
2003	£177,178	£2,287	14
2002	£150,535	£1,791	18
2001	£116,071	£1,257	19
2000	£99,453	£1,211	13
1999	£87,833	£1,104	12
1998	£84,330	£1,090	21
1997	£73,377	£799	20
1996	£70,276	£853	21
1995	£67,875	£772	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£460,000	£4,299	1
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 7PX area

The most common house types in the CM1 7PX postcode area are Detached (118), Semi-detached (1), and Flat (1).

Total	120
Detached	118
Semi-detached	1
Flat	1
Terraced	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 Owned: Owns outright (73), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright	73
Owned: Owns with a mortgage or loan	43
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Private rented: Private landlord or letting agency	0
Lives rent free	0

Number of People in a Household

The most houses in the CM1 7PX have 2 people in household (49), and 1 person in household (27).

2 people in household	49
1 person in household	27
4 people in household	23
3 people in household	15
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0