Housing Market Analysis for HOMESTEAD, CM1 7WT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £296,890 median price is £245,000 Standard Deviation is £187,764 with Total Sold: 5
    • The Last 5 Year average price is £632,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 HOMESTEAD: £632,500 (Sold on 27 Nov 2023)
    • The first recorded sale happened at this postcode is 2 HOMESTEAD: £102,000 (Sold on 25 Oct 1996)
  • Semi-Detached
    • The average price is around £270,000 median price is £270,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 HOMESTEAD: £270,000 (Sold on 10 Mar 2006)
    • The first recorded sale happened at this postcode is 1 HOMESTEAD: £270,000 (Sold on 10 Mar 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 7WT 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£632,500 £3,787 1
2015£350,000 £3,261 1
2003£245,000 £2,606 1
2000£154,950 £1,444 1
1996£102,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£270,000 £2,516 1

All the Sales in the HOMESTEAD, CM1 7WT

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

AddressSold DatePrice% Change
8 HOMESTEADDetached, FreeholdArea: 167 Sq.mtrAge: 1991-199527 Nov 2023£632,500First Sale
1 HOMESTEADDetached, FreeholdArea: 107.32 Sq.mtrAge: 1991-199502 Oct 2015£350,00029.63%
10 Mar 2006£270,00074.25%
15 Feb 2000£154,950First Sale
6 HOMESTEADDetached, FreeholdArea: 94 Sq.mtrAge: 1991-199518 Dec 2003£245,000First Sale
2 HOMESTEADDetached, Freehold25 Oct 1996£102,000First Sale

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

HOMESTEAD, CM1 7WT Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £200,093 median price is £195,000 Standard Deviation is £111,082 with Total Sold: 243
    • The Last 5 Year average price is £342,278 with Total Sold: 52
    • The most recent sale happened at this postcode is , 17 MAIN ROAD: £350,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 DARRELL CLOSE: £63,500 (Sold on 17 Mar 1995)
  • Flat
    • The average price is around £193,664 median price is £192,500 Standard Deviation is £82,165 with Total Sold: 58
    • The Last 5 Year average price is £247,538 with Total Sold: 13
    • The most recent sale happened at this postcode is , 3 LITTLE ORCHARDS: £322,500 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 16 CUMBERLAND CRESCENT: £39,000 (Sold on 29 Nov 1996)
  • Semi-Detached
    • The average price is around £234,967 median price is £225,000 Standard Deviation is £124,576 with Total Sold: 705
    • The Last 5 Year average price is £395,104 with Total Sold: 137
    • The most recent sale happened at this postcode is , 4 CAPEL CLOSE: £315,000 (Sold on 18 Jul 2024)
    • The first recorded sale happened at this postcode is , 48 BERWICK AVENUE: £65,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £347,377 median price is £318,750 Standard Deviation is £185,958 with Total Sold: 276
    • The Last 5 Year average price is £512,383 with Total Sold: 51
    • The most recent sale happened at this postcode is , 24 AUBREY CLOSE: £550,500 (Sold on 25 Apr 2024)
    • The first recorded sale happened at this postcode is , 34 MAIN ROAD: £93,500 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £746,818 median price is £334,500 Standard Deviation is £1,244,642 with Total Sold: 10
    • The Last 5 Year average price is £342,056 with Total Sold: 9
    • The most recent sale happened at this postcode is , 23 HEARSALL AVENUE: £315,000 (Sold on 21 Dec 2023)
    • The first recorded sale happened at this postcode is , 74 MAIN ROAD: £4,389,680 (Sold on 21 Mar 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£355,714 £5,795 7
2023£343,570 £4,608 8
2022£340,643 £4,320 7
2021£324,491 £4,109 11
2020£387,500 £4,335 6
2019£329,308 £4,092 13
2018£303,250 £4,220 6
2017£277,800 £4,278 5
2016£274,899 £3,570 10
2015£254,675 £3,228 14
2014£171,999 £2,553 7
2013£210,999 £2,863 8
2012£202,750 £3,014 4
2011£202,284 £2,368 7
2010£208,249 £2,346 4
2009£178,250 £2,609 8
2008£188,187 £2,925 8
2007£197,082 £3,115 6
2006£198,056 £2,588 9
2005£166,799 £3,161 5
2004£187,199 £2,111 10
2003£156,884 £2,228 10
2002£112,332 £1,791 6
2001£108,242 £1,618 6
2000£89,044 £1,347 9
1999£74,341 £1,141 11
1998£63,635 £937 11
1997£60,412 £811 12
1996£52,550 £707 10
1995£57,000 £805 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,5001
2023£250,000 £3,788 1
2022£223,333 £3,728 3
2021£271,625 £3,812 4
2020£223,000 £3,076 2
2019£221,500 £3,259 2
2018£265,000 £3,847 5
2017£256,000 £3,723 2
2016£193,333 £2,830 3
2015£159,325 £2,516 2
2014£152,248 £2,165 4
2013£183,500 £2,270 4
2012£153,333 £2,142 3
2010£160,500 £2,066 2
2009£195,000 £1,974 1
2008£126,000 £1,880 3
2006£307,500 £3,258 3
2005£261,988 £2,611 4
2004£135,000 £1,929 1
2003£122,500 £1,750 1
2002£99,0001
2001£72,000 £1,180 1
2000£41,975 £485 3
1997£18,000 £257 1
1996£39,000 £558 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£331,812 £4,103 8
2023£416,318 £5,438 22
2022£412,818 £4,954 22
2021£387,167 £4,632 30
2020£389,420 £4,080 25
2019£396,109 £4,425 30
2018£374,324 £4,357 17
2017£361,333 £4,092 18
2016£340,865 £3,857 24
2015£277,774 £3,476 31
2014£285,760 £3,318 24
2013£255,984 £3,056 25
2012£235,559 £3,131 25
2011£210,905 £2,909 21
2010£241,156 £2,945 16
2009£208,450 £2,650 10
2008£237,550 £2,546 10
2007£234,199 £2,847 32
2006£224,056 £2,392 40
2005£202,454 £2,703 23
2004£210,395 £2,294 22
2003£187,419 £2,251 26
2002£160,479 £1,999 24
2001£115,928 £1,538 28
2000£112,354 £1,385 24
1999£94,000 £1,096 25
1998£79,615 £1,019 30
1997£71,094 £829 29
1996£62,892 £749 26
1995£62,503 £868 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£610,250 £6,713 2
2023£519,600 £4,373 5
2022£462,438 £4,699 8
2021£532,371 £4,442 7
2020£506,885 £4,233 13
2019£518,591 £4,297 16
2018£520,227 £3,983 11
2017£615,000 £4,923 3
2016£426,278 £4,230 9
2015£381,667 £3,174 6
2014£376,041 £3,650 11
2013£346,131 £3,518 8
2012£376,900 £2,875 10
2011£295,406 £2,691 8
2010£362,082 £3,092 6
2009£331,333 £2,603 6
2008£545,391 £2,830 8
2007£358,100 £2,715 15
2006£279,111 £2,656 9
2005£407,179 £2,270 14
2004£352,450 £2,355 20
2003£232,750 £2,190 12
2002£212,661 £2,274 9
2001£235,227 £1,633 13
2000£153,496 £1,429 14
1999£149,607 £1,223 7
1998£131,850 £1,342 6
1997£127,500 £908 5
1996£101,062 £928 8
1995£94,000 £940 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£315,000 £4,922 1
2021£435,000 £2,862 1
2020£211,300 £1,781 5
2019£636,000 £4,506 2
2017£4,389,680 £52,258 1

House Type in CM1 7WT area

The most common house types in the CM1 7WT postcode area are Detached (63), Terraced (49), and Semi-detached (47).

Total172
Detached63
Terraced49
Semi-detached47
Flat12
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (82), and Owned: Owns outright (66).

Owned: Owns with a mortgage or loan82
Owned: Owns outright66
Private rented: Private landlord or letting agency15
Social rented: Other social rented6
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the CM1 7WT have 2 people in household (63), and 1 person in household (42).

2 people in household63
1 person in household42
4 people in household33
3 people in household28
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0