Homestead - CM1 7WT
Key Street Insights
Homestead is a residential street with 5 addresses.
It ranks as the 64th largest and 554th most expensive of the 813 streets in the CM1 area. The most common property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £507,278
- 10 Year change
- up 23.4%
- Ave. Rental Price
- £2,066pcm
- 10 Year change
- up 57.5%
- Ave. £ per ft²
- £431/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Street Insights
Homestead is a residential street with 5 addresses.
It ranks as the 64th largest and 554th most expensive of the 813 streets in the CM1 area. The most common property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £507,278
- 10 Year change
- up 23.4%
- Ave. Rental Price
- £2,066pcm
- 10 Year change
- up 57.5%
- Ave. £ per ft²
- £431/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertieson Homestead, Broomfield, Chelmsford, CM1
- 1 Homestead
4 Bed Modern House
- 2 Homestead
3 Bed Modern House
- 4 Homestead
3 Bed Modern House
- 6 Homestead
4 Bed Modern House
- 8 Homestead
5 Bed Modern House
Sales Market Trends
The last sale on Homestead sold for £632,500 on 27th November 2023. Since then prices are up an average of 0.9%.
The current average value in the street is £507,278.
The Homestead Sales Market has increased by 23.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £507,278 |
| June 2025 | 2.4% | £514,899 |
| June 2024 | -2.7% | £502,629 |
| June 2023 | 0.8% | £516,415 |
| June 2022 | 7.3% | £512,088 |
| June 2021 | 6.7% | £477,215 |
| June 2020 | 1.4% | £447,124 |
| June 2019 | 0% | £440,757 |
| June 2018 | 0.3% | £440,639 |
| June 2017 | 6.8% | £439,223 |
| June 2016 | 11.3% | £411,165 |
| June 2015 | 10% | £369,421 |
| June 2014 | 10% | £335,753 |
| June 2013 | 0.7% | £305,122 |
| June 2012 | 2.1% | £303,036 |
| June 2011 | 2.3% | £296,892 |
| June 2010 | 10.2% | £290,247 |
| June 2009 | -9.7% | £263,314 |
| June 2008 | -3% | £291,451 |
| June 2007 | 0% | £300,550 |
Rental Market Trends
The current average rental value in the street is £2,066.
The Homestead Rental Market has increased by 57.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £2,066pcm |
| June 2025 | 4.8% | £1,997pcm |
| June 2024 | 7.7% | £1,906pcm |
| June 2023 | 11.1% | £1,769pcm |
| June 2022 | 6.5% | £1,593pcm |
| June 2021 | 6.7% | £1,495pcm |
| June 2020 | 1.8% | £1,401pcm |
| June 2019 | 2.3% | £1,377pcm |
| June 2018 | 0.3% | £1,347pcm |
| June 2017 | 2.4% | £1,343pcm |
| June 2016 | 3.5% | £1,312pcm |
| June 2015 | 4.4% | £1,267pcm |
| June 2014 | 4.7% | £1,214pcm |
| June 2013 | 2.1% | £1,160pcm |
| June 2012 | 2% | £1,137pcm |
| June 2011 | 3.9% | £1,114pcm |
| June 2010 | 7.7% | £1,073pcm |
| June 2009 | -5.4% | £996pcm |
| June 2008 | 4.9% | £1,054pcm |
| June 2007 | 0% | £1,005pcm |
Sales History
The last sale was on 27th November 2023 for £632,500 and since then the market in the area has increased by 0.9%. The street has had a total of 6 sales since 1995.
Homestead, Broomfield, Chelmsford, CM1 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£632,500 | 5 Bed House8, Homestead, Chelmsford, CM1 7WT8, Homestead, Chelmsford, CM1 7WT
- Sold Oct 2015£350,000 | 4 Bed House1, Homestead, Chelmsford, CM1 7WT1, Homestead, Chelmsford, CM1 7WT
- Sold Mar 2006£270,000 | 4 Bed House1, Homestead, Chelmsford, CM1 7WT1, Homestead, Chelmsford, CM1 7WT
- Sold Dec 2003£245,000 | 4 Bed House6, Homestead, Chelmsford, CM1 7WT6, Homestead, Chelmsford, CM1 7WT
- Sold Feb 2000£154,950 | 4 Bed House1, Homestead, Chelmsford, CM1 7WT1, Homestead, Chelmsford, CM1 7WT
Top 3 Most Expensive Sales
- Sold Nov 2023£632,500 | 5 Bed House8, Homestead, Chelmsford, CM1 7WT8, Homestead, Chelmsford, CM1 7WT
- Sold Oct 2015£350,000 | 4 Bed House1, Homestead, Chelmsford, CM1 7WT1, Homestead, Chelmsford, CM1 7WT
- Sold Mar 2006£270,000 | 4 Bed House1, Homestead, Chelmsford, CM1 7WT1, Homestead, Chelmsford, CM1 7WT
Nearby Streets
Homestead, Broomfield, Chelmsford, CM1 is the 64th largest and the 554th most expensive street in the CM1 area.
- Vellacotts, Chelmsford, CM144 Addresses|39 m away
- Saxon Way, Broomfield, Chelmsford, CM19 Addresses|121 m away
- Roland Close, Broomfield, Chelmsford, CM120 Addresses|128 m away
- Gutters Lane, Broomfield, Chelmsford, CM19 Addresses|164 m away
- Ashford Place, Broomfield, Chelmsford, CM126 Addresses|167 m away
- Little Orchards, Broomfield, Chelmsford, CM112 Addresses|172 m away
Property Types
- 5 modern houses built after 1980
- modern house (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (0)
Schools Nearby
- Broomfield Primary School800 m away
- Perryfields Infant School1.1 km away
- Perryfields Junior School1.2 km away
- St John Payne Catholic School, Chelmsford1.0 km away
- The Boswells School1.3 km away
- Chelmsford County High School for Girls1.6 km away
More reading links
Public Transport Nearby
The closest station to Homestead, Broomfield, Chelmsford, CM1 - CM1 7WT is Chelmsford station, which is 2.3 kilometres away.
- Chelmsford|2.3 km away
- Beaulieu Park|3.0 km away
- Hatfield Peverel|8.4 km away