Waveney Drive - CM1 7QB
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 606th 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 27 properties: 27 houses.
- Ave. Sale Price
- £387,849
- 10 Year change
- up 23.4%
- Ave. Rental Price
- £1,801pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £403/ft²
- Ave. Gross Yield
- 5.6%/year/yr
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 606th 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 27 properties: 27 houses.
- Ave. Sale Price
- £387,849
- 10 Year change
- up 23.4%
- Ave. Rental Price
- £1,801pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £403/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin CM1 7QB
- 122 Waveney Drive
4 Bed Mid-century House
- 124 Waveney Drive
House
- 126 Waveney Drive
House
- 128 Waveney Drive
House
- 130 Waveney Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in CM1 7QB sold for £400,000 on 19th April 2024. Since then prices are up an average of 1.5%.
The current average value in the postcode is £387,849.
The CM1 7QB Sales Market has increased by 23.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £387,849 |
| June 2025 | 2.7% | £394,599 |
| June 2024 | -2.1% | £384,054 |
| June 2023 | 0.4% | £392,384 |
| June 2022 | 8% | £390,852 |
| June 2021 | 6.3% | £361,926 |
| June 2020 | 1.3% | £340,389 |
| June 2019 | -0.8% | £336,005 |
| June 2018 | 0.8% | £338,569 |
| June 2017 | 6.9% | £335,749 |
| June 2016 | 12.5% | £314,214 |
| June 2015 | 11.5% | £279,195 |
| June 2014 | 10.8% | £250,469 |
| June 2013 | 0.7% | £225,975 |
| June 2012 | 1.9% | £224,373 |
| June 2011 | 1.9% | £220,181 |
| June 2010 | 9.2% | £216,143 |
| June 2009 | -10.3% | £197,872 |
| June 2008 | -3.7% | £220,566 |
| June 2007 | 0% | £228,980 |
Rental Market Trends
The current average rental value in the postcode is £1,801.
The CM1 7QB Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,801pcm |
| June 2025 | 5.2% | £1,745pcm |
| June 2024 | 8.3% | £1,659pcm |
| June 2023 | 10.7% | £1,533pcm |
| June 2022 | 7.2% | £1,385pcm |
| June 2021 | 6.3% | £1,292pcm |
| June 2020 | 1.6% | £1,216pcm |
| June 2019 | 1.4% | £1,196pcm |
| June 2018 | 0.8% | £1,179pcm |
| June 2017 | 2.5% | £1,170pcm |
| June 2016 | 4.6% | £1,142pcm |
| June 2015 | 5.7% | £1,091pcm |
| June 2014 | 5.4% | £1,032pcm |
| June 2013 | 2.1% | £979pcm |
| June 2012 | 1.9% | £959pcm |
| June 2011 | 3.5% | £942pcm |
| June 2010 | 6.7% | £910pcm |
| June 2009 | -6.2% | £852pcm |
| June 2008 | 4.1% | £908pcm |
| June 2007 | 0% | £872pcm |
Sales History
The last sale was on 19th April 2024 for £400,000 and since then the market in the area has increased by 1.5%. 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 House150, Waveney Drive, Chelmsford, CM1 7QB150, Waveney Drive, Chelmsford, CM1 7QB
- Sold Feb 2022£385,000 | 3 Bed House140, Waveney Drive, Chelmsford, CM1 7QB140, Waveney Drive, Chelmsford, CM1 7QB
- Sold Oct 2021£290,000 | 3 Bed House144, Waveney Drive, Chelmsford, CM1 7QB144, Waveney Drive, Chelmsford, CM1 7QB
- Sold Aug 2020£305,000 | 3 Bed House150, Waveney Drive, Chelmsford, CM1 7QB150, Waveney Drive, Chelmsford, CM1 7QB
- Sold Mar 2019£322,000 | 3 Bed House148, Waveney Drive, Chelmsford, CM1 7QB148, Waveney Drive, Chelmsford, CM1 7QB
Nearby Postcodes
CM1 7QB is the 882nd largest and the 606th most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 7QL, Tamar Rise, Chelmsford, CM1CM1 7QL42 Addresses|58 m away
- CM1 7QD, Waveney Drive, Chelmsford, CM1CM1 7QD29 Addresses|99 m away
- CM1 7QW, Boyne Drive, Chelmsford, CM1CM1 7QW28 Addresses|108 m away
- CM1 7QA, Waveney Drive, Chelmsford, CM1CM1 7QA46 Addresses|128 m away
- CM1 7QN, Tamar Rise, Chelmsford, CM1CM1 7QN44 Addresses|134 m away
Property Types
- 15 mid-century houses built between 1936 and 1979
- 12 other addresses of unknown type
- mid-century house (15)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (5)
- G (0)
- D (8)
- No EPC (12)
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 Infant School300 m away
- Perryfields Junior School400 m away
- The Tyrrells School800 m away
- The Boswells School500 m away
- Chelmsford County High School for Girls1.4 km away
- St John Payne Catholic School, Chelmsford1.4 km away
More reading links
Public Transport Nearby
The closest station to CM1 7QB is Chelmsford station, which is 2.0 kilometres away.
- Chelmsford|2.0 km away
- Beaulieu Park|2.6 km away
- Hatfield Peverel|8.1 km away
- Ingatestone|11.6 km away
