Postcode district
CM1
Median asking price
£375K
Across 214 for-sale listings
Growth, 3 years
+0.4%
A year, annualised
Gross yield
4.8%
Indicative, from listing medians
Days on market
61
Average time on market
Investment overview
Median asking price
£375K
Average £469K, range £140K to £2.8M
Gross yield
4.8%
ModerateIndicative gross yield from listing medians
Price growth
% a year, annualised over each horizon
Market heat
Warm
61 days average time on market
Median asking rent
£1,490/mo
Of 35 to-let listings
Most common type
Flat
3 bedrooms on average
Market data
Listings
Summary
Homes listed
249
For sale and to let. Excludes 2 that are not homes or not monthly rents
Median asking price
£375K
Asking price range
£140K to £2.8M
Homes analysed
33,353
Behind the growth and area averages
For-sale listings equal 0.6% of the homes analysed.
Strategy fit
Buy to let
ModerateGross yield
4.8%
- Moderate indicative gross yield of 4.8%
- Median asking rent £1K a month
HMO
WeakMedian asking price
£375K
- High entry price (£375K) squeezes HMO returns
- 16% of households rent privately
- Most listings are flat
Flip
WeakGrowth, 3 years
+0.4% a year
- Prices moving +0.4% a year over 3 years raises resale risk
- 61 days average time on market
Recent listings
The 6 most recently updated for-sale listings, a sample of 214 in CM1.
Trotwood Close, Newlands Spring CM1
£600,000
Detached · Seen 7 Nov 2026
2 bed flat in CM1
£200,000
Flat · Seen 7 Nov 2026
Bouchers Mead, Chelmsford CM1
£450,000
Detached · Seen 7 Nov 2026
Rainsford Lane, Chelmsford CM1
£450,000
Semi detached · Seen 7 Nov 2026
2 bed flat in CM1
£185,000
Flat · Seen 7 Nov 2026
Broomfield Road, Chelmsford, Essex CM1
£230,000
Flat · Seen 7 Nov 2026