CM1 1TW is a residential postcode situated on Alma Drive, Chelmsford, CM1 with 25 addresses.
It ranks as the 820th largest and 192nd most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 25 properties: 5 houses and 20 flats.
CM1 1TW is a residential postcode situated on Alma Drive, Chelmsford, CM1 with 25 addresses.
It ranks as the 820th largest and 192nd most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 25 properties: 5 houses and 20 flats.
Sale prices range from £185,640 for 1 bedroom leasehold flats (398 ft2) to £509,118 for 4 bedroom freehold houses with a garden (1,162 ft2) .
Monthly rental prices range from £1,021 pcm for 1 bed flats to £1,942 pcm for 4 bed houses.
The gross rental yield is between 4.6% and 6.6%.
The average value per square foot is £418.
The last sale in CM1 1TW sold for £550,000 on 24th October 2025. Since then prices are down an average of 1.5%.
The current average value in the postcode is £273,075.
The CM1 1TW Sales Market has increased by 12.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £273,075 |
| April 2025 | 1.3% | £283,217 |
| April 2024 | -2.5% | £279,690 |
| April 2023 | 1.1% | £286,761 |
| April 2022 | 6.4% | £283,616 |
| April 2021 | 2.7% | £266,503 |
| April 2020 | 0.7% | £259,561 |
| April 2019 | -0.6% | £257,803 |
| April 2018 | 0.7% | £259,408 |
| April 2017 | 6.1% | £257,537 |
| April 2016 | 11.4% | £242,785 |
| April 2015 | 9.6% | £217,855 |
| April 2014 | 9.2% | £198,715 |
| April 2013 | 1.7% | £181,925 |
| April 2012 | 0.7% | £178,807 |
| April 2011 | -0.8% | £177,575 |
| April 2010 | 6.8% | £179,034 |
| April 2009 | -12.6% | £167,618 |
| April 2008 | 0.6% | £191,853 |
| April 2007 | 0% | £190,695 |
The current average rental value in the postcode is £1,308.
The CM1 1TW Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,308pcm |
| April 2025 | 4.3% | £1,274pcm |
| April 2024 | 9.4% | £1,222pcm |
| April 2023 | 9.5% | £1,117pcm |
| April 2022 | 5% | £1,019pcm |
| April 2021 | 2.9% | £971pcm |
| April 2020 | 1.5% | £943pcm |
| April 2019 | 1.2% | £929pcm |
| April 2018 | -0.8% | £918pcm |
| April 2017 | 2.1% | £925pcm |
| April 2016 | 4.6% | £906pcm |
| April 2015 | 3.1% | £866pcm |
| April 2014 | 4.6% | £840pcm |
| April 2013 | 3% | £803pcm |
| April 2012 | 1.4% | £779pcm |
| April 2011 | 2.2% | £769pcm |
| April 2010 | 2.6% | £752pcm |
| April 2009 | -6.8% | £733pcm |
| April 2008 | 5.6% | £787pcm |
| April 2007 | 0% | £745pcm |
The last sale was on 24th October 2025 for £550,000 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 31 sales since 1995.
CM1 1TW has seen 4 sales in the last three years and 2 sales in the last twelve months.
CM1 1TW is the 820th largest and the 192nd most expensive postcode out of the 1,379 postcodes in the CM1 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around CM1 1TW, 35.6% of property is privately owned with a mortgage and 34.4% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CM1 1TW, 16.3% of residents are recorded as possessing school level qualifications and 47.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CM1 1TW, the average age was 38.2 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CM1 1TW, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CM1 1TW, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.