Housing Market Analysis for WAVENEY DRIVE, CM1 7QB

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

Overview of Sold House prices

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

Terraced
- The average price is around £229,350 median price is £279,950 Standard Deviation is £112,449 with Total Sold: 17
- The Last 5 Year average price is £325,500 with Total Sold: 4
- The most recent sale happened at this postcode is 140 WAVENEY DRIVE: £385,000 (Sold on 04 Feb 2022)
- The first recorded sale happened at this postcode is 141 WAVENEY DRIVE: £52,000 (Sold on 20 Jun 1995)
Semi-Detached
- The average price is around £250,500 median price is £250,500 Standard Deviation is £74,500 with Total Sold: 2
- The most recent sale happened at this postcode is 145 WAVENEY DRIVE: £325,000 (Sold on 11 May 2018)
- The first recorded sale happened at this postcode is 145 WAVENEY DRIVE: £176,000 (Sold on 31 Aug 2006)
Detached
- The average price is around £197,500 median price is £197,500 Standard Deviation is £82,500 with Total Sold: 2
- The most recent sale happened at this postcode is 130 WAVENEY DRIVE: £280,000 (Sold on 24 Oct 2016)
- The first recorded sale happened at this postcode is 130 WAVENEY DRIVE: £115,000 (Sold on 07 Feb 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 7QB 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
2022	£385,000	£4,278	1
2021	£290,000	£3,333	1
2020	£305,000	£3,506	1
2019	£322,000	£3,618	1
2018	£330,000	£3,776	1
2017	£333,000	£3,165	3
2012	£238,225	£2,053	2
2011	£193,500	£2,392	1
2009	£210,000	£2,403	1
2003	£164,000	£2,027	1
1998	£65,500	£761	1
1996	£53,250	£612	2
1995	£52,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£325,000	£3,696	1
2006	£176,000	£2,001	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£280,000	£3,218	1
2002	£115,000	£1,322	1

All the Sales in the WAVENEY DRIVE, CM1 7QB

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

Address	Sold Date	Price	% Change
140 WAVENEY DRIVETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	04 Feb 2022	£385,000	First Sale
144 WAVENEY DRIVETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	18 Oct 2021	£290,000	First Sale
150 WAVENEY DRIVETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	13 Aug 2020	£305,000	First Sale
148 WAVENEY DRIVETerraced, FreeholdArea: 89 Sq.mtrAge: 1967-1975	28 Mar 2019	£322,000	490.83%
	26 Jan 1996	£54,500	First Sale
132 WAVENEY DRIVETerraced, FreeholdArea: 87.4 Sq.mtrAge: 1950-1966	09 Jul 2018	£330,000	57.14%
	18 Dec 2009	£210,000	First Sale
145 WAVENEY DRIVESemi-Detached, FreeholdArea: 87.94 Sq.mtrAge: 1967-1975	11 May 2018	£325,000	84.66%
	31 Aug 2006	£176,000	First Sale
134 WAVENEY DRIVETerraced, FreeholdArea: 107 Sq.mtrAge: 1967-1975	07 Jul 2017	£315,000	First Sale
154 WAVENEY DRIVETerraced, FreeholdArea: 103 Sq.mtrAge: 1967-1975	16 May 2017	£344,000	First Sale
139 WAVENEY DRIVETerraced, FreeholdArea: 105.83 Sq.mtrAge: 1967-1975	15 May 2017	£340,000	73.03%
	05 Apr 2012	£196,500	First Sale
130 WAVENEY DRIVEDetached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	24 Oct 2016	£280,000	143.48%
	07 Feb 2002	£115,000	First Sale
122 WAVENEY DRIVETerraced, FreeholdArea: 124.5 Sq.mtrAge: 1967-1975	22 May 2012	£279,950	First Sale
142 WAVENEY DRIVETerraced, FreeholdArea: 80.9 Sq.mtrAge: 1967-1975	07 Dec 2011	£193,500	17.99%
	10 Jun 2003	£164,000	First Sale
137 WAVENEY DRIVETerraced, FreeholdArea: 86.1 Sq.mtrAge: 1967-1975	18 Dec 1998	£65,500	First Sale
141 WAVENEY DRIVETerraced, Freehold	31 Jan 1996	£52,000	0.0
141 WAVENEY DRIVETerraced, Freehold	20 Jun 1995	£52,000	First Sale

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

WAVENEY DRIVE, CM1 7QB Near By properties

Interactive Map

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

Detached
- The average price is around £301,189 median price is £275,000 Standard Deviation is £162,556 with Total Sold: 366
- The Last 5 Year average price is £536,227 with Total Sold: 59
- 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 , 29 LEYBOURNE DRIVE: £40,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £112,637 median price is £120,000 Standard Deviation is £56,668 with Total Sold: 356
- The Last 5 Year average price is £206,270 with Total Sold: 37
- 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 £216,481 median price is £211,500 Standard Deviation is £112,370 with Total Sold: 534
- The Last 5 Year average price is £378,892 with Total Sold: 84
- 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 £212,443 median price is £199,995 Standard Deviation is £108,776 with Total Sold: 273
- The Last 5 Year average price is £337,030 with Total Sold: 64
- 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 £15,067 median price is £13,000 Standard Deviation is £12,261 with Total Sold: 6
- The Last 5 Year average price is £7,975 with Total Sold: 4
- The most recent sale happened at this postcode is GARAGE, 61 MEON CLOSE: £16,000 (Sold on 05 Oct 2022)
- 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	£579,440		5
2023	£555,000	£6,359	4
2022	£619,077	£4,968	13
2021	£556,762	£4,614	14
2020	£482,559	£4,341	17
2019	£412,333	£4,030	6
2018	£501,062	£4,114	16
2017	£449,692	£4,409	13
2016	£424,210	£3,956	19
2015	£402,520	£3,619	10
2014	£330,927	£3,457	13
2013	£296,250	£2,797	10
2012	£272,062	£2,926	8
2011	£289,444	£2,783	9
2010	£337,071	£2,816	7
2009	£284,846	£2,687	13
2008	£306,318	£2,329	8
2007	£284,067	£2,490	6
2006	£280,803	£2,406	15
2005	£262,749	£2,726	8
2004	£257,018	£2,167	14
2003	£212,700	£1,826	15
2002	£179,288	£1,808	17
2001	£137,688	£1,494	8
2000	£175,147	£1,536	29
1999	£134,500	£1,204	19
1998	£125,299	£1,096	15
1997	£114,636	£1,067	11
1996	£107,875	£734	10
1995	£91,436	£624	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£229,000	£3,929	5
2023	£214,833	£3,823	6
2022	£225,625	£3,924	4
2021	£203,318	£3,556	11
2020	£185,500	£4,310	6
2019	£189,200	£3,454	5
2018	£188,722	£3,285	9
2017	£192,727	£3,307	11
2016	£179,444	£3,057	10
2015	£164,650	£2,958	10
2014	£139,400	£2,248	10
2013	£138,277	£2,448	9
2012	£126,893	£2,190	14
2011	£132,500	£2,318	10
2010	£129,700	£2,255	5
2009	£128,625	£2,277	4
2008	£112,856	£2,075	7
2007	£141,429	£2,392	15
2006	£126,628	£2,230	23
2005	£124,045	£2,133	11
2004	£120,837	£2,086	17
2003	£109,265	£1,903	13
2002	£87,973	£1,538	19
2001	£64,948	£1,111	21
2000	£61,122	£1,067	18
1999	£50,603	£891	16
1998	£47,210	£807	19
1997	£41,380	£732	20
1996	£34,915	£572	17
1995	£34,345	£601	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£403,333		6
2023	£395,615	£4,527	13
2022	£410,040	£4,699	24
2021	£367,653	£4,309	16
2020	£356,125	£4,534	12
2019	£328,231	£3,753	13
2018	£349,594	£4,178	16
2017	£358,571	£4,097	17
2016	£325,533	£3,516	15
2015	£303,882	£3,599	17
2014	£261,232	£3,173	17
2013	£239,686	£2,669	16
2012	£238,633	£2,766	15
2011	£216,333	£2,432	21
2010	£228,973	£2,805	19
2009	£204,062	£2,365	16
2008	£217,100	£2,543	10
2007	£239,302	£2,507	18
2006	£214,359	£2,380	22
2005	£193,465	£2,455	16
2004	£181,342	£2,024	21
2003	£179,022	£2,207	20
2002	£143,831	£1,671	17
2001	£121,693	£1,325	25
2000	£108,067	£1,289	19
1999	£91,239	£1,123	21
1998	£84,969	£1,044	20
1997	£76,963	£849	26
1996	£67,741	£835	23
1995	£70,782	£776	23

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£313,000	£4,036	6
2023	£318,625	£3,748	12
2022	£386,400	£4,374	15
2021	£330,625	£3,830	8
2020	£330,772	£3,647	9
2019	£317,893	£3,561	14
2018	£319,000	£3,604	5
2017	£328,786	£3,728	7
2016	£311,179	£3,329	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	£216,967	£2,416	6
2010	£205,722	£2,313	9
2009	£179,778	£2,123	9
2008	£196,333	£1,631	6
2007	£212,624	£2,102	8
2006	£185,269	£2,161	13
2005	£180,748	£2,081	8
2004	£187,350	£2,142	10
2003	£159,535	£1,966	6
2002	£135,750	£1,502	10
2001	£109,725	£1,354	12
2000	£96,227	£1,126	15
1999	£80,500	£823	7
1998	£77,428	£804	14
1997	£68,121	£749	4
1996	£60,107	£682	10
1995	£56,399	£612	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£16,000		1
2021	£900	£9	1
2020	£10,000		1
2019	£5,000		1
2018	£38,500		1
2017	£20,000		1

House Type in CM1 7QB area

The most common house types in the CM1 7QB postcode area are Flat (37), Terraced (36), and Semi-detached (32).

Total	121
Flat	37
Terraced	36
Semi-detached	32
Detached	14
Shared house	2
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 (57), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	57
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	22
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CM1 7QB have 2 people in household (44), and 1 person in household (27).

2 people in household	44
1 person in household	27
3 people in household	24
4 people in household	15
5 people in household	9
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0