CM1 1FR is a residential postcode situated on Hoffmanns Way, Chelmsford, CM1 with 26 addresses.
It ranks as the 835th largest and 105th most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 26 flats.
CM1 1FR is a residential postcode situated on Hoffmanns Way, Chelmsford, CM1 with 26 addresses.
It ranks as the 835th largest and 105th most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 26 flats.
Sale prices range from £165,620 for 1 bedroom Leasehold flats (409 ft2) to £266,630 for 3 bedroom Leasehold flats (957 ft2) .
Monthly rental prices range from £1,011 pcm for 1 bed flats to £1,382 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 7.3%.
The average value per square foot is £302.
The last sale in CM1 1FR sold for £600,000 on 28th October 2014. Since then prices are down an average of 0.0%.
The current average value in the postcode is £218,372.
The CM1 1FR Sales Market has increased by 6.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.7% | £218,372 |
| April 2025 | 0.8% | £226,758 |
| April 2024 | -2.5% | £224,965 |
| April 2023 | 1.1% | £230,752 |
| April 2022 | 4.9% | £228,143 |
| April 2021 | 0.9% | £217,578 |
| April 2020 | 0.9% | £215,531 |
| April 2019 | -1.2% | £213,557 |
| April 2018 | 0.3% | £216,168 |
| April 2017 | 5.5% | £215,580 |
| April 2016 | 11% | £204,437 |
| April 2015 | 9.1% | £184,201 |
| April 2014 | 8.9% | £168,802 |
| April 2013 | 1.1% | £155,028 |
| April 2012 | 0.6% | £153,354 |
| April 2011 | -0.9% | £152,486 |
| April 2010 | 7.3% | £153,842 |
| April 2009 | -13.3% | £143,399 |
| April 2008 | 0% | £165,317 |
| April 2007 | 0% | £165,274 |
The current average rental value in the postcode is £1,212.
The CM1 1FR Rental Market has increased by 35.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,212pcm |
| April 2025 | 3.3% | £1,183pcm |
| April 2024 | 9.6% | £1,146pcm |
| April 2023 | 9.1% | £1,045pcm |
| April 2022 | 3.9% | £958pcm |
| April 2021 | 1.1% | £923pcm |
| April 2020 | 1.5% | £912pcm |
| April 2019 | 1% | £899pcm |
| April 2018 | -1.3% | £890pcm |
| April 2017 | 1% | £901pcm |
| April 2016 | 4.2% | £892pcm |
| April 2015 | 2.6% | £856pcm |
| April 2014 | 4.3% | £835pcm |
| April 2013 | 2.5% | £801pcm |
| April 2012 | 1.2% | £781pcm |
| April 2011 | 1.7% | £771pcm |
| April 2010 | 2.6% | £758pcm |
| April 2009 | -7% | £739pcm |
| April 2008 | 5.3% | £794pcm |
| April 2007 | 0% | £754pcm |
The last sale was on 28th October 2014 for £600,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
CM1 1FR has seen no sales in the last three years and no sales in the last twelve months.
CM1 1FR is the 835th largest and the 105th most expensive postcode out of the 1,379 postcodes in the CM1 area.
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