Postcode district
CM2
Median asking price
£375K
Across 173 for-sale listings
Growth, 3 years
+0.6%
A year, annualised
Gross yield
4.6%
Indicative, from listing medians
Days on market
74
Average time on market
Investment overview
Median asking price
£375K
Average £435K, range £35K to £1.8M
Gross yield
4.6%
ModerateIndicative gross yield from listing medians
Price growth
% a year, annualised over each horizon
Market heat
Warm
74 days average time on market
Median asking rent
£1,450/mo
Of 44 to-let listings
Most common type
Terraced
3 bedrooms on average
Market data
Listings
Summary
Homes listed
217
For sale and to let. Excludes 1 that are not homes or not monthly rents
Median asking price
£375K
Asking price range
£35K to £1.8M
Homes analysed
27,672
Behind the growth and area averages
For-sale listings equal 0.6% of the homes analysed.
Strategy fit
Buy to let
ModerateGross yield
4.6%
- Moderate indicative gross yield of 4.6%
- 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 terraced
Flip
WeakGrowth, 3 years
+0.6% a year
- Prices moving +0.6% a year over 3 years raises resale risk
- 74 days average time on market
Recent listings
The 6 most recently updated for-sale listings, a sample of 173 in CM2.
Archers Way, Galleywood, Chelmsford CM2
£350,000
Terraced · Seen 4 Nov 2026
Cornelius Vale, Chelmer Village, Chelmsford, Essex CM2
£575,000
Detached · Seen 4 Nov 2026
Church Street, Great Baddow, Chelmsford CM2
£400,000
Detached · Seen 4 Nov 2026
Sheppard Drive, Chelmer Village, Chelmsford CM2
£415,000
Terraced · Seen 4 Nov 2026
1 bed flat in CM2
£170,000
Flat · Seen 4 Nov 2026
Baddow Road, Chelmsford, Essex CM2
£280,000
Terraced · Seen 4 Nov 2026