Waveney Drive - CM1 7PX
Key Postcode Insights
CM1 7PX is a residential postcode situated on Waveney Drive, Chelmsford, CM1 with 22 addresses.
It ranks as the 766th largest and 952nd 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 22 properties: 22 houses.
- Ave. Sale Price
- £528,753
- 10 Year change
- up 23.0%
- Ave. Rental Price
- £2,173pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £411/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
CM1 7PX is a residential postcode situated on Waveney Drive, Chelmsford, CM1 with 22 addresses.
It ranks as the 766th largest and 952nd 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 22 properties: 22 houses.
- Ave. Sale Price
- £528,753
- 10 Year change
- up 23.0%
- Ave. Rental Price
- £2,173pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £411/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin CM1 7PX
- 1 Waveney Drive
Unknown
- 3 Waveney Drive
4 Bed Mid-century House
- 5 Waveney Drive
4 Bed Mid-century House
- 7 Waveney Drive
Unknown
- 9 Waveney Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in CM1 7PX sold for £550,000 on 13th March 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £528,753.
The CM1 7PX Sales Market has increased by 23.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £528,753 |
| June 2025 | 2.2% | £536,702 |
| June 2024 | -2.6% | £525,072 |
| June 2023 | 0.7% | £539,275 |
| June 2022 | 7.4% | £535,383 |
| June 2021 | 6.7% | £498,702 |
| June 2020 | 1.5% | £467,410 |
| June 2019 | 0.3% | £460,717 |
| June 2018 | 0.3% | £459,557 |
| June 2017 | 6.6% | £458,264 |
| June 2016 | 11.1% | £429,974 |
| June 2015 | 9.9% | £386,999 |
| June 2014 | 10% | £352,208 |
| June 2013 | 0.8% | £320,298 |
| June 2012 | 2% | £317,793 |
| June 2011 | 2.1% | £311,480 |
| June 2010 | 10.3% | £305,190 |
| June 2009 | -9.4% | £276,796 |
| June 2008 | -2.7% | £305,398 |
| June 2007 | 0% | £313,937 |
Rental Market Trends
The current average rental value in the postcode is £2,173.
The CM1 7PX Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £2,173pcm |
| June 2025 | 4.7% | £2,099pcm |
| June 2024 | 7.6% | £2,004pcm |
| June 2023 | 11.2% | £1,862pcm |
| June 2022 | 6.4% | £1,675pcm |
| June 2021 | 6.7% | £1,574pcm |
| June 2020 | 1.8% | £1,475pcm |
| June 2019 | 2.4% | £1,449pcm |
| June 2018 | 0.2% | £1,415pcm |
| June 2017 | 2.4% | £1,412pcm |
| June 2016 | 3.3% | £1,379pcm |
| June 2015 | 4.2% | £1,334pcm |
| June 2014 | 4.6% | £1,281pcm |
| June 2013 | 2.1% | £1,225pcm |
| June 2012 | 2% | £1,200pcm |
| June 2011 | 3.9% | £1,176pcm |
| June 2010 | 7.8% | £1,132pcm |
| June 2009 | -5.3% | £1,050pcm |
| June 2008 | 5% | £1,109pcm |
| June 2007 | 0% | £1,057pcm |
Sales History
The last sale was on 13th March 2025 for £550,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 29 sales since 1995.
CM1 7PX has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£550,000 | 3 Bed House37, Waveney Drive, Chelmsford, CM1 7PX37, Waveney Drive, Chelmsford, CM1 7PX
- Sold Feb 2025£521,000 | 4 Bed House33, Waveney Drive, Chelmsford, CM1 7PX33, Waveney Drive, Chelmsford, CM1 7PX
- Sold Feb 2025£432,500 | 3 Bed House9, Waveney Drive, Chelmsford, CM1 7PX9, Waveney Drive, Chelmsford, CM1 7PX
- Sold Aug 2024£500,000 | 3 Bed House27, Waveney Drive, Chelmsford, CM1 7PX27, Waveney Drive, Chelmsford, CM1 7PX
- Sold Mar 2021£425,000 | 4 Bed House23, Waveney Drive, Chelmsford, CM1 7PX23, Waveney Drive, Chelmsford, CM1 7PX
Nearby Postcodes
CM1 7PX is the 766th largest and the 952nd most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 7PJ, Waveney Drive, Chelmsford, CM1CM1 7PJ18 Addresses|53 m away
- CM1 7QR, Windrush Drive, Chelmsford, CM1CM1 7QR9 Addresses|77 m away
- CM1 7QP, Meon Close, Chelmsford, CM1CM1 7QP6 Addresses|80 m away
- CM1 7PF, Humber Road, Chelmsford, CM1CM1 7PF33 Addresses|90 m away
- CM1 7PG, Humber Road, Chelmsford, CM1CM1 7PG26 Addresses|95 m away
Property Types
- 13 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 7 other addresses of unknown type
- mid-century house (13)
- house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (5)
- G (0)
- D (6)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Mar 2025£550,000 | 3 Bed House37, Waveney Drive, Chelmsford, CM1 7PX37, Waveney Drive, Chelmsford, CM1 7PX
- Sold Jun 2020£545,000 | 4 Bed House5, Waveney Drive, Chelmsford, CM1 7PX5, Waveney Drive, Chelmsford, CM1 7PX
- Sold Feb 2025£521,000 | 4 Bed House33, Waveney Drive, Chelmsford, CM1 7PX33, Waveney Drive, Chelmsford, CM1 7PX
Schools Nearby
- Perryfields Junior School400 m away
- Perryfields Infant School400 m away
- The Tyrrells School700 m away
- The Boswells School600 m away
- Chelmsford County High School for Girls1.1 km away
- St John Payne Catholic School, Chelmsford1.4 km away
More reading links
Public Transport Nearby
The closest station to CM1 7PX is Chelmsford station, which is 1.6 kilometres away.
- Chelmsford|1.6 km away
- Beaulieu Park|2.8 km away
- Hatfield Peverel|8.3 km away
- Ingatestone|11.3 km away
