Waveney Drive - CM1 7QD
Key Postcode Insights
CM1 7QD is a residential postcode situated on Waveney Drive, Chelmsford, CM1 with 29 addresses.
It ranks as the 915th largest and 528th 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 29 properties: 21 houses and 8 flats.
- Ave. Sale Price
- £328,233
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £1,632pcm
- 10 Year change
- up 51.4%
- Ave. £ per ft²
- £383/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
CM1 7QD is a residential postcode situated on Waveney Drive, Chelmsford, CM1 with 29 addresses.
It ranks as the 915th largest and 528th 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 29 properties: 21 houses and 8 flats.
- Ave. Sale Price
- £328,233
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £1,632pcm
- 10 Year change
- up 51.4%
- Ave. £ per ft²
- £383/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin CM1 7QD
- 156 Waveney Drive
3 Bed Mid-century House
- 157 Waveney Drive
4 Bed Mid-century House
- 158 Waveney Drive
House
- 159 Waveney Drive
3 Bed Mid-century House
- 160 Waveney Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in CM1 7QD sold for £350,000 on 20th February 2025. Since then prices are down an average of 1.8%.
The current average value in the postcode is £328,233.
The CM1 7QD Sales Market has increased by 18.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £328,233 |
| June 2025 | 2.1% | £334,702 |
| June 2024 | -2% | £327,711 |
| June 2023 | 0.1% | £334,405 |
| June 2022 | 7.2% | £334,098 |
| June 2021 | 5.1% | £311,791 |
| June 2020 | 1.3% | £296,779 |
| June 2019 | -0.9% | £293,016 |
| June 2018 | 0.3% | £295,549 |
| June 2017 | 6.3% | £294,524 |
| June 2016 | 12.3% | £277,082 |
| June 2015 | 10.9% | £246,649 |
| June 2014 | 10.2% | £222,392 |
| June 2013 | 0.7% | £201,781 |
| June 2012 | 1.6% | £200,350 |
| June 2011 | 1.3% | £197,269 |
| June 2010 | 8.2% | £194,694 |
| June 2009 | -10.8% | £179,972 |
| June 2008 | -3.6% | £201,827 |
| June 2007 | 0% | £209,373 |
Rental Market Trends
The current average rental value in the postcode is £1,632.
The CM1 7QD Rental Market has increased by 51.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,632pcm |
| June 2025 | 4.5% | £1,585pcm |
| June 2024 | 8.4% | £1,516pcm |
| June 2023 | 10.3% | £1,399pcm |
| June 2022 | 6.3% | £1,268pcm |
| June 2021 | 5% | £1,192pcm |
| June 2020 | 1.6% | £1,135pcm |
| June 2019 | 1.3% | £1,117pcm |
| June 2018 | 0.3% | £1,103pcm |
| June 2017 | 1.9% | £1,099pcm |
| June 2016 | 4.4% | £1,078pcm |
| June 2015 | 5.2% | £1,033pcm |
| June 2014 | 4.8% | £982pcm |
| June 2013 | 2.1% | £936pcm |
| June 2012 | 1.5% | £917pcm |
| June 2011 | 2.9% | £903pcm |
| June 2010 | 5.7% | £878pcm |
| June 2009 | -6.7% | £830pcm |
| June 2008 | 4.2% | £890pcm |
| June 2007 | 0% | £854pcm |
Sales History
The last sale was on 20th February 2025 for £350,000 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 53 sales since 1995.
CM1 7QD has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£350,000 | 3 Bed House160, Waveney Drive, Chelmsford, CM1 7QD160, Waveney Drive, Chelmsford, CM1 7QD
- Sold Jan 2025£205,500 | 2 Bed Flat191, Waveney Drive, Chelmsford, CM1 7QD191, Waveney Drive, Chelmsford, CM1 7QD
- Sold Nov 2024£245,000 | 2 Bed Flat185, Waveney Drive, Chelmsford, CM1 7QD185, Waveney Drive, Chelmsford, CM1 7QD
- Sold Oct 2023£373,000 | 3 Bed House163, Waveney Drive, Chelmsford, CM1 7QD163, Waveney Drive, Chelmsford, CM1 7QD
- Sold Mar 2023£367,000 | 3 Bed House170, Waveney Drive, Chelmsford, CM1 7QD170, Waveney Drive, Chelmsford, CM1 7QD
Nearby Postcodes
CM1 7QD is the 915th largest and the 528th most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 7TJ, Lawn Lane, Chelmsford, CM1CM1 7TJ3 Addresses|65 m away
- CM1 6AF, Swans Pasture, Chelmsford, CM1CM1 6AF14 Addresses|89 m away
- CM1 7PU, Wear Drive, Chelmsford, CM1CM1 7PU16 Addresses|92 m away
- CM1 7QB, Waveney Drive, Chelmsford, CM1CM1 7QB27 Addresses|99 m away
- CM1 7QW, Boyne Drive, Chelmsford, CM1CM1 7QW28 Addresses|108 m away
Property Types
- 13 mid-century houses built between 1936 and 1979
- 7 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 1 flat of an unknown age
- 1 early-century house built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (13)
- mid-century flat (7)
- house (1)
- flat (1)
- early-century house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (9)
- G (0)
- D (10)
- No EPC (8)
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 School200 m away
- Perryfields Junior School300 m away
- The Tyrrells School700 m away
- The Boswells School500 m away
- Chelmsford County High School for Girls1.5 km away
- St John Payne Catholic School, Chelmsford1.5 km away
More reading links
Public Transport Nearby
The closest station to CM1 7QD 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|11.7 km away
