Parklands Drive - CM1 7SP
Key Postcode Insights
CM1 7SP is a residential postcode situated on Parklands Drive, Chelmsford, CM1 with 29 addresses.
It ranks as the 918th largest and 895th 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: 29 houses.
- Ave. Sale Price
- £465,173
- 10 Year change
- up 21.5%
- Ave. Rental Price
- £1,987pcm
- 10 Year change
- up 57.8%
- Ave. £ per ft²
- £344/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
CM1 7SP is a residential postcode situated on Parklands Drive, Chelmsford, CM1 with 29 addresses.
It ranks as the 918th largest and 895th 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: 29 houses.
- Ave. Sale Price
- £465,173
- 10 Year change
- up 21.5%
- Ave. Rental Price
- £1,987pcm
- 10 Year change
- up 57.8%
- Ave. £ per ft²
- £344/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin CM1 7SP
- 36 Parklands Drive
3 Bed Mid-century House
- 38 Parklands Drive
4 Bed Mid-century House
- 40 Parklands Drive
Unknown
- 42 Parklands Drive
4 Bed Mid-century House
- 44 Parklands Drive
Unknown
Sales Market Trends
The last sale in CM1 7SP sold for £450,000 on 1st October 2025. Since then prices are down an average of 0.5%.
The current average value in the postcode is £465,173.
The CM1 7SP Sales Market has increased by 21.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £465,173 |
| June 2025 | 2% | £473,650 |
| June 2024 | -1.8% | £464,279 |
| June 2023 | -0.3% | £472,727 |
| June 2022 | 8.3% | £474,331 |
| June 2021 | 6.2% | £437,840 |
| June 2020 | 1.1% | £412,102 |
| June 2019 | 0% | £407,517 |
| June 2018 | 0.8% | £407,632 |
| June 2017 | 5.6% | £404,259 |
| June 2016 | 12.2% | £382,859 |
| June 2015 | 11.3% | £341,339 |
| June 2014 | 10.7% | £306,697 |
| June 2013 | 1.1% | £276,983 |
| June 2012 | 1.7% | £273,885 |
| June 2011 | 0.9% | £269,200 |
| June 2010 | 9.2% | £266,817 |
| June 2009 | -9.5% | £244,253 |
| June 2008 | -2.6% | £269,883 |
| June 2007 | 0% | £277,201 |
Rental Market Trends
The current average rental value in the postcode is £1,987.
The CM1 7SP Rental Market has increased by 57.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,987pcm |
| June 2025 | 5.1% | £1,921pcm |
| June 2024 | 8.1% | £1,827pcm |
| June 2023 | 10.7% | £1,690pcm |
| June 2022 | 6.9% | £1,526pcm |
| June 2021 | 6.5% | £1,427pcm |
| June 2020 | 1.6% | £1,340pcm |
| June 2019 | 1.7% | £1,319pcm |
| June 2018 | 0.7% | £1,297pcm |
| June 2017 | 2.3% | £1,289pcm |
| June 2016 | 4.4% | £1,260pcm |
| June 2015 | 5.4% | £1,207pcm |
| June 2014 | 5.2% | £1,146pcm |
| June 2013 | 2.1% | £1,089pcm |
| June 2012 | 2% | £1,067pcm |
| June 2011 | 3.7% | £1,047pcm |
| June 2010 | 7.1% | £1,010pcm |
| June 2009 | -6.1% | £943pcm |
| June 2008 | 4.3% | £1,004pcm |
| June 2007 | 0% | £963pcm |
Sales History
The last sale was on 1st October 2025 for £450,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 38 sales since 1995.
CM1 7SP has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£450,000 | 4 Bed House54, Parklands Drive, Chelmsford, CM1 7SP54, Parklands Drive, Chelmsford, CM1 7SP
- Sold Mar 2025£375,000 | 3 Bed House46, Parklands Drive, Chelmsford, CM1 7SP46, Parklands Drive, Chelmsford, CM1 7SP
- Sold Dec 2024£465,000 | 4 Bed House50, Parklands Drive, Chelmsford, CM1 7SP50, Parklands Drive, Chelmsford, CM1 7SP
- Sold Nov 2021£455,000 | 4 Bed House64, Parklands Drive, Chelmsford, CM1 7SP64, Parklands Drive, Chelmsford, CM1 7SP
- Sold Jun 2021£405,000 | 4 Bed House65, Parklands Drive, Chelmsford, CM1 7SP65, Parklands Drive, Chelmsford, CM1 7SP
Nearby Postcodes
CM1 7SP is the 918th largest and the 895th most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 7SR, Turkey Oaks, Chelmsford, CM1CM1 7SR14 Addresses|71 m away
- CM1 7RJ, Parklands Drive, Chelmsford, CM1CM1 7RJ45 Addresses|104 m away
- CM1 7SW, Pynchon Mews, Chelmsford, CM1CM1 7SW5 Addresses|113 m away
- CM1 7UF, Arbour Lane, Chelmsford, CM1CM1 7UF22 Addresses|162 m away
- CM1 7FZ, Admiral Mews, Chelmsford, CM1CM1 7FZ6 Addresses|183 m away
Property Types
- 1 modern house built after 1980
- 22 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- modern house (1)
- mid-century house (22)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (9)
- G (0)
- D (13)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Dec 2024£465,000 | 4 Bed House50, Parklands Drive, Chelmsford, CM1 7SP50, Parklands Drive, Chelmsford, CM1 7SP
- Sold Mar 2016£461,000 | 4 Bed House23, Parklands Drive, Chelmsford, CM1 7RJ23, Parklands Drive, Chelmsford, CM1 7RJ
- Sold Nov 2021£455,000 | 4 Bed House64, Parklands Drive, Chelmsford, CM1 7SP64, Parklands Drive, Chelmsford, CM1 7SP
Schools Nearby
- Trinity Road Primary School400 m away
- The Cathedral Church of England Voluntary Aided Primary School, Chelmsford400 m away
- The Tyrrells School1.2 km away
- Chelmsford County High School for Girls1.1 km away
- King Edward VI Grammar School, Chelmsford1.2 km away
- The Boswells School1.4 km away
More reading links
Public Transport Nearby
The closest station to CM1 7SP is Chelmsford station, which is 900 metres away.
- Chelmsford|900 m away
- Beaulieu Park|3.4 km away
- Hatfield Peverel|8.9 km away
- Ingatestone|10.3 km away
