Wells Street - CM1 1HZ
Key Postcode Insights
CM1 1HZ is a residential postcode situated on Wells Street, Chelmsford, CM1 with 4 addresses.
It ranks as the 117th largest and 663rd most expensive of the 1,379 postcodes in the CM1 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £399,029
- 10 Year change
- up 23.0%
- Ave. Rental Price
- £1,749pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £573/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
CM1 1HZ is a residential postcode situated on Wells Street, Chelmsford, CM1 with 4 addresses.
It ranks as the 117th largest and 663rd most expensive of the 1,379 postcodes in the CM1 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £399,029
- 10 Year change
- up 23.0%
- Ave. Rental Price
- £1,749pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £573/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin CM1 1HZ
- 4 Wells Street
Unknown
- 6A Wells Street
Unknown
- 10 Wells Street
Unknown
- 12 Wells Street
Unknown
Sales Market Trends
The last sale in CM1 1HZ sold for £477,300 on 1st September 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £399,029.
The CM1 1HZ Sales Market has increased by 23.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £399,029 |
| June 2025 | 2.5% | £406,480 |
| June 2024 | -1.8% | £396,654 |
| June 2023 | 0% | £403,846 |
| June 2022 | 8.5% | £403,767 |
| June 2021 | 5.9% | £372,114 |
| June 2020 | 1.4% | £351,272 |
| June 2019 | -0.9% | £346,574 |
| June 2018 | 1.1% | £349,597 |
| June 2017 | 6.7% | £345,946 |
| June 2016 | 12.9% | £324,327 |
| June 2015 | 12% | £287,293 |
| June 2014 | 11.2% | £256,587 |
| June 2013 | 0.9% | £230,733 |
| June 2012 | 1.7% | £228,698 |
| June 2011 | 1.2% | £224,836 |
| June 2010 | 8.7% | £222,142 |
| June 2009 | -10.1% | £204,431 |
| June 2008 | -3.5% | £227,448 |
| June 2007 | 0% | £235,741 |
Rental Market Trends
The current average rental value in the postcode is £1,749.
The CM1 1HZ Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,749pcm |
| June 2025 | 5.2% | £1,695pcm |
| June 2024 | 8.4% | £1,612pcm |
| June 2023 | 10.6% | £1,486pcm |
| June 2022 | 7.5% | £1,344pcm |
| June 2021 | 6% | £1,250pcm |
| June 2020 | 1.7% | £1,180pcm |
| June 2019 | 1.1% | £1,160pcm |
| June 2018 | 1% | £1,146pcm |
| June 2017 | 2.7% | £1,136pcm |
| June 2016 | 5% | £1,106pcm |
| June 2015 | 6.1% | £1,053pcm |
| June 2014 | 5.7% | £992pcm |
| June 2013 | 2.1% | £939pcm |
| June 2012 | 1.8% | £920pcm |
| June 2011 | 3.3% | £903pcm |
| June 2010 | 6.3% | £875pcm |
| June 2009 | -6.3% | £823pcm |
| June 2008 | 3.9% | £878pcm |
| June 2007 | 0% | £845pcm |
Sales History
The last sale was on 1st September 2022 for £477,300 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
CM1 1HZ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
CM1 1HZ is the 117th largest and the 663rd most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 1HX, Wells Street, Chelmsford, CM1CM1 1HX10 Addresses|18 m away
- CM1 1HY, Duke Street, Chelmsford, CM1CM1 1HY8 Addresses|36 m away
- CM1 1QS, Railway Street, Chelmsford, CM1CM1 1QS32 Addresses|49 m away
- CM1 1JA, Duke Street, Chelmsford, CM1CM1 1JA19 Addresses|64 m away
- CM1 1QR, Duke Street, Chelmsford, CM1CM1 1QR1 Addresses|65 m away
Property Types
- 4 other addresses of unknown type
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2022£477,300 | 3 Bed House4, Wells Street, Chelmsford, CM1 1HZ4, Wells Street, Chelmsford, CM1 1HZ
- Sold Feb 2022£375,000 | 3 Bed House4, Wells Street, Chelmsford, CM1 1HZ4, Wells Street, Chelmsford, CM1 1HZ
- Sold Nov 2017£259,000 | 2 Bed Flat13, Wells Street, Chelmsford, CM1 1HX13, Wells Street, Chelmsford, CM1 1HX
Schools Nearby
- Maltese Road Primary School500 m away
- The Cathedral Church of England Voluntary Aided Primary School, Chelmsford600 m away
- Our Lady Immaculate Catholic Primary School900 m away
- King Edward VI Grammar School, Chelmsford400 m away
- Chelmsford County High School for Girls700 m away
- St John Payne Catholic School, Chelmsford1.7 km away
More reading links
Public Transport Nearby
The closest station to CM1 1HZ is Chelmsford station, which is 100 metres away.
- Chelmsford|100 m away
- Beaulieu Park|4.2 km away
- Ingatestone|9.7 km away
- Hatfield Peverel|9.8 km away