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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
CM1 1PJHouse Prices / East of England, Chelmsford, New Street
Last updated May 2026
Key Postcode Insights
CM1 1PJ is a residential postcode situated on New Street, Chelmsford, CM1 with 2 addresses.
It ranks as the 55th largest and 379th most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 1 house and 1 flat.
2
Properties
- Houses
- Flats
Key Postcode Insights
CM1 1PJ is a residential postcode situated on New Street, Chelmsford, CM1 with 2 addresses.
It ranks as the 55th largest and 379th most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 1 house and 1 flat.
2
Properties
- Houses
- Flats
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House Pricesin CM1 1PJ
Sale prices range from £211,226 for 2 bedroom leasehold flats (495 ft2) to £413,552 for 3 bedroom freehold houses with a garden (645 ft2) .
Monthly rental prices range from £1,188 pcm for 2 bed flats to £1,551 pcm for 3 bed houses.
The gross rental yield is between 4.5% and 6.8%.
The average value per square foot is £533.
Average Sale Value
£312,389
Average Rental Value
£1,370 pcm
Average Rental Yield
5.3% /year
Average Value Per Sqft
£533 /ft2
Sales Market Trendsin CM1 1PJ
The current average value in the postcode is £312,389.
The CM1 1PJ Sales Market has increased by 15.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £312,389 |
| April 2025 | 1.5% | £324,029 |
| April 2024 | -2.5% | £319,311 |
| April 2023 | 1.3% | £327,446 |
| April 2022 | 7.2% | £323,294 |
| April 2021 | 2.8% | £301,482 |
| April 2020 | 0.6% | £293,290 |
| April 2019 | -0.6% | £291,623 |
| April 2018 | 1.2% | £293,502 |
| April 2017 | 6.9% | £290,128 |
| April 2016 | 12% | £271,500 |
| April 2015 | 10.7% | £242,484 |
| April 2014 | 10% | £219,105 |
| April 2013 | 1.4% | £199,222 |
| April 2012 | 1.2% | £196,434 |
| April 2011 | -1.1% | £194,041 |
| April 2010 | 7.5% | £196,109 |
| April 2009 | -12.8% | £182,412 |
| April 2008 | 0.3% | £209,285 |
| April 2007 | 0% | £208,749 |
Rental Market Trendsin CM1 1PJ
The current average rental value in the postcode is £1,370.
The CM1 1PJ Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,370pcm |
| April 2025 | 4.5% | £1,334pcm |
| April 2024 | 9.4% | £1,276pcm |
| April 2023 | 9.7% | £1,166pcm |
| April 2022 | 5.8% | £1,063pcm |
| April 2021 | 3.1% | £1,005pcm |
| April 2020 | 1.5% | £975pcm |
| April 2019 | 1.1% | £961pcm |
| April 2018 | -0.3% | £950pcm |
| April 2017 | 2.9% | £953pcm |
| April 2016 | 5.1% | £927pcm |
| April 2015 | 4.1% | £882pcm |
| April 2014 | 5.3% | £847pcm |
| April 2013 | 2.7% | £804pcm |
| April 2012 | 1.9% | £783pcm |
| April 2011 | 2% | £769pcm |
| April 2010 | 3.3% | £753pcm |
| April 2009 | -7.1% | £729pcm |
| April 2008 | 5.3% | £785pcm |
| April 2007 | 0% | £746pcm |
Explore Buildingsin CM1 1PJ, New Street, Chelmsford, CM1
Nearby Postcodesto CM1 1PJ
CM1 1PJ is the 55th largest and the 379th most expensive postcode out of the 1,379 postcodes in the CM1 area.
- 80 mCM1 1NZ, Victoria Road, Chelmsford, CM1CM1 1NZ13 Addresses
- 95 mCM1 1AF, Watson Heights, Chelmsford, CM1CM1 1AF69 Addresses
- 97 mCM1 1GP, Victoria Court, Chelmsford, CM1CM1 1GP63 Addresses
- 100 mCM1 1AG, Watson Heights, Chelmsford, CM1CM1 1AG59 Addresses
- 134 mCM1 1EA, Victoria Road, Chelmsford, CM1CM1 1EA61 Addresses
- 139 mCM1 1AP, Watson Heights, Chelmsford, CM1CM1 1AP64 Addresses
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Property Typesin CM1 1PJ
- 2 period houses built between 1800 and 1911
- period house (2)
Energy Efficiencyof properties in CM1 1PJ
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson New Street
Schools Nearbyto CM1 1PJ
The nearest primary school to CM1 1PJ is The Cathedral Church of England Voluntary Aided Primary School, Chelmsford which is 247 metres away.
- 247mThe Cathedral Church of England Voluntary Aided Primary School, Chelmsford
- 796mMaltese Road Primary School
- 880mTrinity Road Primary School
The nearest secondary school is King Edward VI Grammar School, Chelmsford which is 646 metres away.
- 646mKing Edward VI Grammar School, Chelmsford
- 752mChelmsford County High School for Girls
- 1.7kmSt John Payne Catholic School, Chelmsford
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Public Transport Nearbyto CM1 1PJ
The closest station to CM1 1PJ is Chelmsford station which is 300 metres away.
- 316mChelmsford
- 3.9kmBeaulieu Park
- 9.5kmHatfield Peverel
- 9.9kmIngatestone