CM1 2GL is a residential postcode situated on Cromar Way, Chelmsford, CM1 with 2 addresses.
It ranks as the 58th largest and 639th most expensive of the 1,379 postcodes in the CM1 area.
The postcode contains a total of 2 properties: 1 house and 1 flat.
CM1 2GL is a residential postcode situated on Cromar Way, Chelmsford, CM1 with 2 addresses.
It ranks as the 58th largest and 639th most expensive of the 1,379 postcodes in the CM1 area.
The postcode contains a total of 2 properties: 1 house and 1 flat.
Sale prices range from £211,226 for 2 bedroom leasehold flats (473 ft2) to £556,615 for 5 bedroom freehold houses with a garden (2,150 ft2) .
Monthly rental prices range from £1,188 pcm for 2 bed flats to £2,516 pcm for 5 bed houses.
The gross rental yield is between 5.4% and 6.8%.
The average value per square foot is £352.
The last sale in CM1 2GL sold for £472,937 on 27th June 2008. Since then prices are up an average of 51.4%.
The current average value in the postcode is £383,920.
The CM1 2GL Sales Market has increased by 15.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.2% | £383,920 |
| April 2025 | 1.4% | £396,606 |
| April 2024 | -2.9% | £391,296 |
| April 2023 | 1.4% | £402,960 |
| April 2022 | 6.7% | £397,586 |
| April 2021 | 3.9% | £372,775 |
| April 2020 | 0.7% | £358,806 |
| April 2019 | -0.1% | £356,307 |
| April 2018 | 0.4% | £356,761 |
| April 2017 | 6.4% | £355,164 |
| April 2016 | 11.4% | £333,779 |
| April 2015 | 9.7% | £299,742 |
| April 2014 | 9.2% | £273,130 |
| April 2013 | 3.1% | £250,208 |
| April 2012 | 0.8% | £242,730 |
| April 2011 | -0.5% | £240,914 |
| April 2010 | 6.8% | £242,071 |
| April 2009 | -12.2% | £226,564 |
| April 2008 | 1.1% | £258,111 |
| April 2007 | 0% | £255,410 |
The current average rental value in the postcode is £1,852.
The CM1 2GL Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,852pcm |
| April 2025 | 4.4% | £1,797pcm |
| April 2024 | 8.9% | £1,722pcm |
| April 2023 | 9.8% | £1,581pcm |
| April 2022 | 5.3% | £1,440pcm |
| April 2021 | 4.2% | £1,368pcm |
| April 2020 | 1.5% | £1,313pcm |
| April 2019 | 1.7% | £1,293pcm |
| April 2018 | -1% | £1,271pcm |
| April 2017 | 2.4% | £1,285pcm |
| April 2016 | 4.5% | £1,255pcm |
| April 2015 | 3.2% | £1,200pcm |
| April 2014 | 4.5% | £1,163pcm |
| April 2013 | 4.4% | £1,113pcm |
| April 2012 | 1.4% | £1,066pcm |
| April 2011 | 2.6% | £1,051pcm |
| April 2010 | 2.6% | £1,025pcm |
| April 2009 | -6.3% | £999pcm |
| April 2008 | 6.1% | £1,066pcm |
| April 2007 | 0% | £1,005pcm |
The last sale was on 27th June 2008 for £472,937 and since then the market in the area has increased by 51.4%. The postcode has had a total of 1 sales since 1995.
CM1 2GL has seen no sales in the last three years and no sales in the last twelve months.
CM1 2GL is the 58th largest and the 639th most expensive postcode out of the 1,379 postcodes in the CM1 area.
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The closest station to CM1 2GL is Chelmsford station which is 1.1 kilometres away.
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