You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in CM1

House Prices in CM1

The average house price in CM1 (Chelmsford) is £431,841 using HM Land Registry data.

The average property price increased by £22,871 (19.08%) over the last 5 years and increased by £4,583 (3.02%) over the last 12 months.

Over the last year, there were 706 residential property sales – a decrease of 86 transactions (-12.18%) relative to the previous year. The majority of house sales (180) were in the £368,000 - £452,000 range. Then came properties in the £284,000 - £368,000 range, where 171 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 218 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,981 (-2%).

In March 2025, there were 188 new estate agency instructions, 129 agreed home sales and 103 property price reductions.

5-Year Average Property Prices in CM1 (Chelmsford)

19.08%

Property prices in CM1 (Chelmsford) increased by 19.08% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CM1 (Chelmsford) Over the Last Year

3.02%

Property prices in CM1 (Chelmsford) increased by 3.02% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for CM1 (Chelmsford) - March 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CM1 (Chelmsford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CM1 (Chelmsford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CM1 (Chelmsford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CM1 (Chelmsford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM1 postcode area since 1995.

Recent Sales in CM1 (Chelmsford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
28 Rectory Lane, Chelmsford, Essex, CM1 1RE	£375,000	£365,000	-£10,000	12 Jun 2024	21 Feb 2025	254 Days
9 Erick Avenue, Chelmsford, Essex, CM1 7BX	£400,000	£400,000	£0	19 Sep 2024	20 Feb 2025	154 Days
11 Marigold Close, Chelmsford, Essex, CM1 6XU	£340,000	£340,000	£0	27 Jul 2024	19 Feb 2025	207 Days
148 Rainsford Road, Chelmsford, Essex, CM1 2PD	£400,000	£400,000	£0	23 Oct 2024	17 Feb 2025	117 Days
37 Downsway, Chelmsford, Essex, CM1 6TT	£415,000	£415,000	£0	08 Aug 2024	14 Feb 2025	190 Days
45 Fifth Avenue, Chelmsford, Essex, CM1 4HB	£625,000	£607,500	-£17,500	10 Jul 2024	12 Feb 2025	217 Days
20 Lawford Lane, Writtle, Chelmsford, Essex, CM1 3EA	£475,000	£475,000	£0	12 Sep 2024	10 Feb 2025	151 Days
78 Ongar Road, Writtle, Chelmsford, Essex, CM1 3NX	£425,000	£390,000	-£35,000	14 Oct 2024	10 Feb 2025	119 Days
29 Sunrise Avenue, Chelmsford, Essex, CM1 4JN	£350,000	£335,000	-£15,000	02 Aug 2024	07 Feb 2025	189 Days
55 Primrose Hill, Chelmsford, Essex, CM1 2RH	£405,000	£405,000	£0	14 Sep 2024	07 Feb 2025	146 Days
12 Mayfield Road, Writtle, Chelmsford, Essex, CM1 3EL	£530,000	£525,000	-£5,000	02 Dec 2024	20 Jan 2025	49 Days
301 Main Road, Broomfield, Chelmsford, Essex, CM1 7AX	£320,000	£310,128	-£9,872	13 Sep 2024	20 Jan 2025	129 Days
25 Drood Close, Chelmsford, Essex, CM1 4XX	£170,000	£170,000	£0	13 Mar 2024	17 Jan 2025	310 Days
4 Purcell Cole, Writtle, Chelmsford, Essex, CM1 3NB	£700,000	£700,000	£0	02 Oct 2024	10 Jan 2025	100 Days
79 Coval Lane, Chelmsford, Essex, CM1 1TG	£475,000	£475,000	£0	16 Aug 2024	10 Jan 2025	147 Days
32 First Avenue, Chelmsford, Essex, CM1 1RU	£625,000	£625,000	£0	11 Oct 2024	10 Jan 2025	91 Days
29 New Road, Broomfield, Chelmsford, Essex, CM1 7AN	£450,000	£425,000	-£25,000	18 Jul 2024	10 Jan 2025	176 Days
33 The Priory, Writtle, Chelmsford, Essex, CM1 3JE	£375,000	£345,000	-£30,000	16 Aug 2024	06 Jan 2025	143 Days
9 Darrell Close, Chelmsford, Essex, CM1 4EL	£465,000	£450,000	-£15,000	14 Aug 2024	23 Dec 2024	131 Days
202 Rainsford Road, Chelmsford, Essex, CM1 2PD	£325,000	£304,000	-£21,000	13 Aug 2024	19 Dec 2024	128 Days

Most Expensive Streets in CM1 (Chelmsford)

Postcode	Street	Area	Average	No. of Sales
CM1 6BG	Shardelow Avenue, Springfield	Chelmsford	£1,468,750	4
CM1 3FF	Woodland Way, Edney Common	Chelmsford	£1,365,000	3
CM1 3RF	Nathans Lane, Writtle	Chelmsford	£1,099,400	5
CM1 4LG	Chalk End, Roxwell	Chelmsford	£1,080,000	3
CM1 7FE	Pearson Grove	Chelmsford	£1,053,333	3
CM1 4TZ	Chignal St James	Chelmsford	£1,030,000	3
CM1 3SF	The Paddocks, Newney Green	Chelmsford	£1,025,895	6
CM1 6EA	Beaulieu Boulevard	Chelmsford	£1,003,333	3
CM1 2PT	Valletta Close	Chelmsford	£990,000	3
CM1 6BD	Billers Chase, Springfield	Chelmsford	£966,666	3

Least Expensive Streets in CM1 (Chelmsford)

Postcode	Street	Area	Average	No. of Sales
CM1 1AQ	Cunard Square	Chelmsford	£91,250	3
CM1 1GR	Wells Crescent, Viaduct Road	Chelmsford	£96,116	3
CM1 4ES	Wingrove Court, Broomfield Road	Chelmsford	£109,166	6
CM1 6ZE	Constable View	Chelmsford	£109,650	5
CM1 1EA	Havencourt, Victoria Road	Chelmsford	£110,423	13
CM1 4XE	Nicholas Court	Chelmsford	£111,750	5
CM1 1JB	Eccles Court, Burgess Springs	Chelmsford	£113,000	5
CM1 2FZ	Primula Court, Primrose Hill	Chelmsford	£126,527	9
CM1 2UZ	Spalding Court, Cedar Avenue	Chelmsford	£148,166	9
CM1 1QN	Newcombe Court, Burgess Springs	Chelmsford	£149,017	14