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Registered Address: 2 Leman St, London E1 8FA
CM1 7QBHouse Prices / East of England, Chelmsford, Waveney Drive
Last updated May 2026
Key Postcode Insights
CM1 7QB is a residential postcode situated on Waveney Drive, Chelmsford, CM1 with 27 addresses.
It ranks as the 882nd largest and 621st most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 27 properties: 27 houses.
27
Properties
- Houses
Key Postcode Insights
CM1 7QB is a residential postcode situated on Waveney Drive, Chelmsford, CM1 with 27 addresses.
It ranks as the 882nd largest and 621st most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 27 properties: 27 houses.
27
Properties
- Houses
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House Pricesin CM1 7QB
Sale prices range from £355,956 for 3 bedroom freehold houses with a garden (850 ft2) to £464,948 for 4 bedroom freehold houses with a garden (1,482 ft2) .
Monthly rental prices range from £1,708 pcm for 3 bed houses to £2,058 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 5.8%.
The average value per square foot is £395.
Average Sale Value
£387,456
Average Rental Value
£1,808 pcm
Average Rental Yield
5.6% /year
Average Value Per Sqft
£395 /ft2
Sales Market Trendsin CM1 7QB
The last sale in CM1 7QB sold for £400,000 on 19th April 2024. Since then prices are down an average of 0.4%.
The current average value in the postcode is £387,456.
The CM1 7QB Sales Market has increased by 23.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £387,456 |
| April 2025 | 3% | £400,605 |
| April 2024 | -3.2% | £389,023 |
| April 2023 | 2.5% | £401,813 |
| April 2022 | 7.9% | £392,131 |
| April 2021 | 5.3% | £363,426 |
| April 2020 | 0.9% | £345,045 |
| April 2019 | -0.9% | £341,885 |
| April 2018 | 1.7% | £344,858 |
| April 2017 | 8.4% | £339,175 |
| April 2016 | 12.5% | £313,022 |
| April 2015 | 11.5% | £278,148 |
| April 2014 | 10.4% | £249,513 |
| April 2013 | 2.6% | £225,938 |
| April 2012 | 1.8% | £220,145 |
| April 2011 | 0.4% | £216,169 |
| April 2010 | 8.8% | £215,394 |
| April 2009 | -13.2% | £197,974 |
| April 2008 | 0.6% | £228,192 |
| April 2007 | 0% | £226,804 |
Rental Market Trendsin CM1 7QB
The current average rental value in the postcode is £1,808.
The CM1 7QB Rental Market has increased by 57.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,808pcm |
| April 2025 | 5.3% | £1,758pcm |
| April 2024 | 8.9% | £1,669pcm |
| April 2023 | 10.3% | £1,532pcm |
| April 2022 | 7% | £1,389pcm |
| April 2021 | 5.5% | £1,298pcm |
| April 2020 | 1.4% | £1,231pcm |
| April 2019 | 1.5% | £1,213pcm |
| April 2018 | 0.1% | £1,195pcm |
| April 2017 | 3.7% | £1,194pcm |
| April 2016 | 5.7% | £1,152pcm |
| April 2015 | 4.8% | £1,090pcm |
| April 2014 | 5.8% | £1,041pcm |
| April 2013 | 4.1% | £984pcm |
| April 2012 | 2.5% | £945pcm |
| April 2011 | 2.9% | £922pcm |
| April 2010 | 3.9% | £896pcm |
| April 2009 | -6.8% | £862pcm |
| April 2008 | 6% | £925pcm |
| April 2007 | 0% | £873pcm |
Explore Propertiesin CM1 7QB, Waveney Drive, Chelmsford, CM1
- 122, Waveney Drive, Chelmsford, CM1 7QB4 bed house
- 124, Waveney Drive, Chelmsford, CM1 7QB
- 126, Waveney Drive, Chelmsford, CM1 7QB
- 128, Waveney Drive, Chelmsford, CM1 7QB
- 130, Waveney Drive, Chelmsford, CM1 7QB3 bed mid-century house
- 132, Waveney Drive, Chelmsford, CM1 7QB3 bed house
- 134, Waveney Drive, Chelmsford, CM1 7QB4 bed mid-century house
- 136, Waveney Drive, Chelmsford, CM1 7QB
- 137, Waveney Drive, Chelmsford, CM1 7QB3 bed mid-century house
- 138, Waveney Drive, Chelmsford, CM1 7QB
- 139, Waveney Drive, Chelmsford, CM1 7QB4 bed house
- 140, Waveney Drive, Chelmsford, CM1 7QB3 bed mid-century house
- 141, Waveney Drive, Chelmsford, CM1 7QB
- 142, Waveney Drive, Chelmsford, CM1 7QB3 bed house
- 143, Waveney Drive, Chelmsford, CM1 7QB3 bed mid-century house
- 144, Waveney Drive, Chelmsford, CM1 7QB3 bed mid-century house
- 145, Waveney Drive, Chelmsford, CM1 7QB3 bed house
- 146, Waveney Drive, Chelmsford, CM1 7QB
- 147, Waveney Drive, Chelmsford, CM1 7QB
- 148, Waveney Drive, Chelmsford, CM1 7QB3 bed mid-century house
- 149, Waveney Drive, Chelmsford, CM1 7QB
- 150, Waveney Drive, Chelmsford, CM1 7QB3 bed mid-century house
- 151, Waveney Drive, Chelmsford, CM1 7QB
- 152, Waveney Drive, Chelmsford, CM1 7QB
- 153, Waveney Drive, Chelmsford, CM1 7QB
- 154, Waveney Drive, Chelmsford, CM1 7QB3 bed mid-century house
- 155, Waveney Drive, Chelmsford, CM1 7QB3 bed mid-century house
Sales Historyin CM1 7QB
The last sale was on 19th April 2024 for £400,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 22 sales since 1995.
CM1 7QB has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Apr 2024£400,000 | 3 Bed HouseWaveney Drive150, Waveney Drive, Chelmsford, CM1 7QB
Sold Feb 2022£385,000 | 3 Bed HouseWaveney Drive140, Waveney Drive, Chelmsford, CM1 7QB
Sold Oct 2021£290,000 | 3 Bed HouseWaveney Drive144, Waveney Drive, Chelmsford, CM1 7QB
Sold Aug 2020£305,000 | 3 Bed HouseWaveney Drive150, Waveney Drive, Chelmsford, CM1 7QB
Sold Mar 2019£322,000 | 3 Bed HouseWaveney Drive148, Waveney Drive, Chelmsford, CM1 7QB
Sold Jul 2018£330,000 | 3 Bed HouseWaveney Drive132, Waveney Drive, Chelmsford, CM1 7QB
Sold May 2018£325,000 | 3 Bed HouseWaveney Drive145, Waveney Drive, Chelmsford, CM1 7QB
Sold Jul 2017£315,000 | 4 Bed HouseWaveney Drive134, Waveney Drive, Chelmsford, CM1 7QB
Sold May 2017£344,000 | 3 Bed HouseWaveney Drive154, Waveney Drive, Chelmsford, CM1 7QB
Sold May 2017£340,000 | 4 Bed HouseWaveney Drive139, Waveney Drive, Chelmsford, CM1 7QB
Sold Oct 2016£280,000 | 3 Bed HouseWaveney Drive130, Waveney Drive, Chelmsford, CM1 7QB
Sold May 2012£279,950 | 4 Bed HouseWaveney Drive122, Waveney Drive, Chelmsford, CM1 7QB
Sold Apr 2012£196,500 | 4 Bed HouseWaveney Drive139, Waveney Drive, Chelmsford, CM1 7QB
Sold Dec 2011£193,500 | 3 Bed HouseWaveney Drive142, Waveney Drive, Chelmsford, CM1 7QB
Sold Dec 2009£210,000 | 3 Bed HouseWaveney Drive132, Waveney Drive, Chelmsford, CM1 7QB
Sold Aug 2006£176,000 | 3 Bed HouseWaveney Drive145, Waveney Drive, Chelmsford, CM1 7QB
Sold Jun 2003£164,000 | 3 Bed HouseWaveney Drive142, Waveney Drive, Chelmsford, CM1 7QB
Sold Feb 2002£115,000 | 3 Bed HouseWaveney Drive130, Waveney Drive, Chelmsford, CM1 7QB
Sold Dec 1998£65,500 | 3 Bed HouseWaveney Drive137, Waveney Drive, Chelmsford, CM1 7QB
Sold Jan 1996£52,000 | 4 Bed HouseWaveney Drive141, Waveney Drive, Chelmsford, CM1 7QB
Sold Jan 1996£54,500 | 3 Bed HouseWaveney Drive148, Waveney Drive, Chelmsford, CM1 7QB
Sold Jun 1995£52,000 | 4 Bed HouseWaveney Drive141, Waveney Drive, Chelmsford, CM1 7QB
Nearby Postcodesto CM1 7QB
CM1 7QB is the 882nd largest and the 621st most expensive postcode out of the 1,379 postcodes in the CM1 area.
- 58 mCM1 7QL, Tamar Rise, Chelmsford, CM1CM1 7QL42 Addresses
- 99 mCM1 7QD, Waveney Drive, Chelmsford, CM1CM1 7QD29 Addresses
- 108 mCM1 7QW, Boyne Drive, Chelmsford, CM1CM1 7QW28 Addresses
- 128 mCM1 7QA, Waveney Drive, Chelmsford, CM1CM1 7QA46 Addresses
- 134 mCM1 7QN, Tamar Rise, Chelmsford, CM1CM1 7QN44 Addresses
- 154 mCM1 6AF, Swans Pasture, Chelmsford, CM1CM1 6AF14 Addresses
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Property Typesin CM1 7QB
- 10 mid-century houses built between 1936 and 1979
- 5 houses of an unknown age
- 12 other addresses of unknown type
- mid-century house (10)
- house (5)
- Unknown (12)
Energy Efficiencyof properties in CM1 7QB
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (5)
- G (0)
- D (4)
- No EPC (17)
Top 3 Most Expensive Saleson Waveney Drive
Schools Nearbyto CM1 7QB
The nearest primary school to CM1 7QB is Perryfields Infant School which is 316 metres away.
- 316mPerryfields Infant School
- 367mPerryfields Junior School
- 759mThe Tyrrells School
The nearest secondary school is The Boswells School which is 539 metres away.
- 539mThe Boswells School
- 1.4kmChelmsford County High School for Girls
- 1.4kmSt John Payne Catholic School, Chelmsford
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Public Transport Nearbyto CM1 7QB
The closest station to CM1 7QB is Chelmsford station which is 2.0 kilometres away.
- 2.0kmChelmsford
- 2.6kmBeaulieu Park
- 8.1kmHatfield Peverel
- 11.6kmIngatestone
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