Wear Drive - CM1 7PU
Key Postcode Insights
CM1 7PU is a residential postcode situated on Wear Drive, Chelmsford, CM1 with 16 addresses.
It ranks as the 612th largest and 776th most expensive of the 1,379 postcodes in the CM1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £419,707
- 10 Year change
- up 23.4%
- Ave. Rental Price
- £1,910pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £382/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
CM1 7PU is a residential postcode situated on Wear Drive, Chelmsford, CM1 with 16 addresses.
It ranks as the 612th largest and 776th most expensive of the 1,379 postcodes in the CM1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £419,707
- 10 Year change
- up 23.4%
- Ave. Rental Price
- £1,910pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £382/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin CM1 7PU
- 38 Wear Drive
Unknown
- 40 Wear Drive
Unknown
- 42 Wear Drive
3 Bed Modern House
- 44 Wear Drive
4 Bed Mid-century House
- 46 Wear Drive
4 Bed Mid-century House
Sales Market Trends
The last sale in CM1 7PU sold for £450,000 on 9th December 2025. Since then prices are down an average of 0.1%.
The current average value in the postcode is £419,707.
The CM1 7PU Sales Market has increased by 23.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £419,707 |
| June 2025 | 2.7% | £427,011 |
| June 2024 | -2.1% | £415,600 |
| June 2023 | 0.4% | £424,614 |
| June 2022 | 8% | £422,957 |
| June 2021 | 6.3% | £391,654 |
| June 2020 | 1.3% | £368,348 |
| June 2019 | -0.8% | £363,604 |
| June 2018 | 0.8% | £366,379 |
| June 2017 | 6.9% | £363,327 |
| June 2016 | 12.5% | £340,023 |
| June 2015 | 11.5% | £302,128 |
| June 2014 | 10.8% | £271,042 |
| June 2013 | 0.7% | £244,537 |
| June 2012 | 1.9% | £242,803 |
| June 2011 | 1.9% | £238,267 |
| June 2010 | 9.2% | £233,896 |
| June 2009 | -10.3% | £214,125 |
| June 2008 | -3.7% | £238,683 |
| June 2007 | 0% | £247,789 |
Rental Market Trends
The current average rental value in the postcode is £1,910.
The CM1 7PU Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,910pcm |
| June 2025 | 5.2% | £1,851pcm |
| June 2024 | 8.3% | £1,760pcm |
| June 2023 | 10.7% | £1,625pcm |
| June 2022 | 7.2% | £1,469pcm |
| June 2021 | 6.3% | £1,371pcm |
| June 2020 | 1.6% | £1,290pcm |
| June 2019 | 1.4% | £1,269pcm |
| June 2018 | 0.8% | £1,251pcm |
| June 2017 | 2.5% | £1,241pcm |
| June 2016 | 4.6% | £1,211pcm |
| June 2015 | 5.7% | £1,157pcm |
| June 2014 | 5.4% | £1,095pcm |
| June 2013 | 2.1% | £1,039pcm |
| June 2012 | 1.9% | £1,017pcm |
| June 2011 | 3.5% | £999pcm |
| June 2010 | 6.7% | £965pcm |
| June 2009 | -6.2% | £904pcm |
| June 2008 | 4.1% | £963pcm |
| June 2007 | 0% | £925pcm |
Sales History
The last sale was on 9th December 2025 for £450,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 15 sales since 1995.
CM1 7PU has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£450,000 | 4 Bed House60, Wear Drive, Chelmsford, CM1 7PU60, Wear Drive, Chelmsford, CM1 7PU
- Sold Feb 2024£411,000 | 4 Bed House44, Wear Drive, Chelmsford, CM1 7PU44, Wear Drive, Chelmsford, CM1 7PU
- Sold Oct 2023£370,000 | 3 Bed House42, Wear Drive, Chelmsford, CM1 7PU42, Wear Drive, Chelmsford, CM1 7PU
- Sold Aug 2015£345,000 | 4 Bed House54, Wear Drive, Chelmsford, CM1 7PU54, Wear Drive, Chelmsford, CM1 7PU
- Sold Apr 2015£307,500 | 3 Bed House56, Wear Drive, Chelmsford, CM1 7PU56, Wear Drive, Chelmsford, CM1 7PU
Nearby Postcodes
CM1 7PU is the 612th largest and the 776th most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 6PS, Lawn Lane, Chelmsford, CM1CM1 6PS12 Addresses|45 m away
- CM1 7QW, Boyne Drive, Chelmsford, CM1CM1 7QW28 Addresses|90 m away
- CM1 7QD, Waveney Drive, Chelmsford, CM1CM1 7QD29 Addresses|92 m away
- CM1 7TJ, Lawn Lane, Chelmsford, CM1CM1 7TJ3 Addresses|104 m away
- CM1 7PT, Wear Drive, Chelmsford, CM1CM1 7PT46 Addresses|130 m away
Property Types
- 1 modern house built after 1980
- 7 mid-century houses built between 1936 and 1979
- 8 other addresses of unknown type
- modern house (1)
- mid-century house (7)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Dec 2025£450,000 | 4 Bed House60, Wear Drive, Chelmsford, CM1 7PU60, Wear Drive, Chelmsford, CM1 7PU
- Sold Feb 2024£411,000 | 4 Bed House44, Wear Drive, Chelmsford, CM1 7PU44, Wear Drive, Chelmsford, CM1 7PU
- Sold Jan 2023£385,000 | 3 Bed House53, Wear Drive, Chelmsford, CM1 7PT53, Wear Drive, Chelmsford, CM1 7PT
Schools Nearby
- Perryfields Infant School200 m away
- Perryfields Junior School200 m away
- The Tyrrells School600 m away
- The Boswells School400 m away
- Chelmsford County High School for Girls1.5 km away
- St John Payne Catholic School, Chelmsford1.6 km away
More reading links
Public Transport Nearby
The closest station to CM1 7PU is Chelmsford station, which is 2.0 kilometres away.
- Chelmsford|2.0 km away
- Beaulieu Park|2.5 km away
- Hatfield Peverel|8.0 km away
- Ingatestone|11.6 km away
