Housing Market Analysis for WAVENEY DRIVE, CM1 7PY

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

Overview of Sold House prices

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

Terraced
- The average price is around £218,597 median price is £213,000 Standard Deviation is £86,647 with Total Sold: 18
- The Last 5 Year average price is £324,167 with Total Sold: 3
- The most recent sale happened at this postcode is 22 WAVENEY DRIVE: £305,000 (Sold on 29 Apr 2019)
- The first recorded sale happened at this postcode is 14 WAVENEY DRIVE: £325,000 (Sold on 18 Mar 2024)
Flat
- The average price is around £100,224 median price is £113,000 Standard Deviation is £45,322 with Total Sold: 19
- The most recent sale happened at this postcode is 6 WAVENEY DRIVE: £206,000 (Sold on 26 Apr 2017)
- The first recorded sale happened at this postcode is 6 WAVENEY DRIVE: £35,000 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 7PY 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£323,750	£3,717	2
2016	£324,250	£3,048	2
2015	£272,000	£4,317	1
2014	£285,000	£2,767	1
2012	£210,000	£2,408	1
2009	£170,000	£2,698	1
2007	£220,000	£2,206	2
2006	£204,500	£2,149	2
2002	£143,000	£1,625	1
2001	£110,333	£1,341	3
1996	£53,750	£611	1
2024	£325,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£206,000	£3,515	1
2015	£155,000	£2,719	1
2013	£130,000	£2,281	1
2012	£125,000	£2,275	1
2011	£120,000	£2,143	1
2010	£128,500	£2,262	1
2007	£131,000	£2,317	2
2004	£122,250	£2,181	1
2003	£110,500	£1,895	2
2002	£91,000		1
2001	£66,000	£1,201	1
2000	£63,000	£1,109	1
1999	£50,000		1
1998	£45,000	£792	1
1996	£39,833	£563	3

All the Sales in the WAVENEY DRIVE, CM1 7PY

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

Address	Sold Date	Price	% Change
22 WAVENEY DRIVETerraced, FreeholdArea: 87.2 Sq.mtrAge: 1950-1966	29 Apr 2019	£305,000	45.24%
	20 Apr 2012	£210,000	First Sale
30 WAVENEY DRIVETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	11 Jan 2019	£342,500	First Sale
6 WAVENEY DRIVEFlat, LeaseholdArea: 58.6 Sq.mtrAge: 1950-1966	26 Apr 2017	£206,000	73.11%
	10 Jan 2007	£119,000	240.00%
	31 May 1996	£35,000	First Sale
20 WAVENEY DRIVETerraced, FreeholdArea: 111 Sq.mtrAge: 1967-1975	29 Apr 2016	£328,500	584.38%
	28 Nov 1996	£48,000	First Sale
12 WAVENEY DRIVETerraced, FreeholdArea: 102 Sq.mtrAge: 1967-1975	31 Mar 2016	£320,000	42.22%
	13 Jul 2007	£225,000	First Sale
26 WAVENEY DRIVETerraced, FreeholdArea: 63 Sq.mtrAge: 1950-1966	24 Jul 2015	£272,000	60.00%
	26 Nov 2009	£170,000	First Sale
46 WAVENEY DRIVEFlat, LeaseholdArea: 57 Sq.mtrAge: 1950-1966	05 Jan 2015	£155,000	19.23%
	29 Aug 2013	£130,000	6.34%
	13 May 2004	£122,250	First Sale
18 WAVENEY DRIVETerraced, FreeholdArea: 103 Sq.mtrAge: 1967-1975	10 Oct 2014	£285,000	35.07%
	29 Aug 2006	£211,000	First Sale
2 WAVENEY DRIVEFlat, LeaseholdArea: 54.94 Sq.mtrAge: 1950-1966	21 Jun 2012	£125,000	-12.59%
	09 Feb 2007	£143,000	116.67%
	29 Jun 2001	£66,000	First Sale
4 WAVENEY DRIVEFlat, LeaseholdArea: 56 Sq.mtrAge: 1950-1966	02 Sep 2011	£120,000	11.11%
4 WAVENEY DRIVEFlat, LeaseholdArea: 56 Sq.mtrAge: 1950-1966	19 Dec 2003	£108,000	First Sale
8 WAVENEY DRIVEFlat, LeaseholdArea: 56.81 Sq.mtr	09 Feb 2010	£128,500	103.97%
	25 Apr 2000	£63,000	40.00%
	31 Mar 1998	£45,000	23.29%
	06 Sep 1996	£36,500	First Sale
10 WAVENEY DRIVETerraced, Freehold	09 Feb 2007	£215,000	82.20%
10 WAVENEY DRIVETerraced, Freehold	06 Dec 2001	£118,000	First Sale
38 WAVENEY DRIVETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	08 Dec 2006	£198,000	38.46%
	14 Oct 2002	£143,000	21.19%
	11 May 2001	£118,000	First Sale
48 WAVENEY DRIVEFlat, Leasehold	21 Jul 2003	£113,000	126.00%
48 WAVENEY DRIVEFlat, Leasehold	24 Sep 1999	£50,000	First Sale
42 WAVENEY DRIVEFlat, Leasehold	02 Sep 2002	£91,000	First Sale
40 WAVENEY DRIVETerraced, Freehold	30 Jan 2001	£95,000	First Sale
14 WAVENEY DRIVETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	29 May 1996	£53,750	-83.46%
	18 Mar 2024	£325,000	First Sale

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

WAVENEY DRIVE, CM1 7PY Near By properties

Interactive Map

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

Detached
- The average price is around £330,763 median price is £300,000 Standard Deviation is £190,681 with Total Sold: 447
- The Last 5 Year average price is £569,522 with Total Sold: 77
- 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)
Semi-Detached
- The average price is around £225,979 median price is £220,000 Standard Deviation is £115,387 with Total Sold: 626
- The Last 5 Year average price is £383,549 with Total Sold: 106
- 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 £214,746 median price is £195,500 Standard Deviation is £135,126 with Total Sold: 247
- The Last 5 Year average price is £350,696 with Total Sold: 56
- 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)
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	£523,333	£4,952	6
2023	£711,944	£6,151	9
2022	£614,588	£5,348	17
2021	£585,744	£4,686	15
2020	£542,275	£4,278	20
2019	£422,600	£4,055	10
2018	£505,133	£4,206	15
2017	£454,154	£4,575	13
2016	£455,369	£4,224	23
2015	£426,638	£3,704	16
2014	£427,473	£3,633	19
2013	£320,750	£3,101	12
2012	£353,636	£2,809	11
2011	£278,542	£2,826	12
2010	£392,350	£3,132	10
2009	£314,533	£2,583	15
2008	£344,595	£2,445	11
2007	£356,357	£2,454	7
2006	£287,812	£2,268	13
2005	£290,910	£1,754	14
2004	£289,232	£2,182	14
2003	£230,091	£1,977	16
2002	£189,794	£1,805	20
2001	£201,533	£1,724	15
2000	£187,991	£1,550	28
1999	£150,541	£1,234	24
1998	£144,365	£1,004	19
1997	£125,769	£1,118	13
1996	£121,566	£830	19
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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£425,000		4
2023	£397,267	£4,566	17
2022	£416,160	£4,929	31
2021	£366,122	£4,501	20
2020	£377,703	£4,691	16
2019	£329,778	£3,880	18
2018	£350,806	£4,148	18
2017	£367,560	£4,104	20
2016	£332,023	£4,007	21
2015	£300,409	£3,563	22
2014	£276,775	£3,307	20
2013	£241,224	£2,774	20
2012	£251,605	£2,692	19
2011	£218,927	£2,488	24
2010	£227,857	£2,801	21
2009	£210,587	£2,444	23
2008	£211,318	£2,504	11
2007	£248,378	£2,611	25
2006	£215,746	£2,381	25
2005	£198,322	£2,659	20
2004	£180,943	£2,063	23
2003	£181,236	£2,281	19
2002	£154,316	£1,788	21
2001	£120,093	£1,309	25
2000	£105,579	£1,283	17
1999	£91,990	£1,114	24
1998	£83,895	£1,012	25
1997	£76,984	£885	28
1996	£74,102	£879	27
1995	£69,909	£761	22

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£306,857	£4,036	7
2023	£317,591	£3,688	11
2022	£454,692	£4,335	13
2021	£330,625	£3,778	8
2020	£329,325	£3,660	6
2019	£315,045	£3,624	11
2018	£287,500	£3,453	4
2017	£328,786	£3,728	7
2016	£297,833	£3,147	12
2015	£263,064	£3,461	7
2014	£289,625	£2,947	8
2013	£208,800	£2,347	5
2012	£217,408	£2,435	6
2011	£193,980	£2,571	5
2010	£216,083	£2,304	6
2009	£179,778	£2,123	9
2008	£196,333	£1,631	6
2007	£287,749	£2,080	8
2006	£184,875	£2,269	12
2005	£171,498	£1,943	6
2004	£187,944	£2,166	9
2003	£156,027	£1,962	6
2002	£133,312	£1,384	8
2001	£106,083	£1,389	9
2000	£92,961	£1,197	14
1999	£77,786	£860	7
1998	£77,874	£804	12
1997	£106,426	£850	7
1996	£65,094	£677	8
1995	£56,399	£612	10

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 7PY area

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

Total	134
Semi-detached	68
Flat	28
Terraced	20
Detached	16
commercial building	2
Shared house	0
converted building	0
temporary structure	0

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 outright	67
Owned: Owns with a mortgage or loan	45
Private rented: Private landlord or letting agency	20
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	50
1 person in household	31
3 people in household	31
4 people in household	15
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0