Wheatfield Way - CM1 2RB
Key Postcode Insights
CM1 2RB is a residential postcode situated on Wheatfield Way, Chelmsford, CM1 with 48 addresses.
It ranks as the 1214th largest and 64th most expensive of the 1,379 postcodes in the CM1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 48 flats.
- Ave. Sale Price
- £195,444
- 10 Year change
- up 7.8%
- Ave. Rental Price
- £1,184pcm
- 10 Year change
- up 38.1%
- Ave. £ per ft²
- £292/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
CM1 2RB is a residential postcode situated on Wheatfield Way, Chelmsford, CM1 with 48 addresses.
It ranks as the 1214th largest and 64th most expensive of the 1,379 postcodes in the CM1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 48 flats.
- Ave. Sale Price
- £195,444
- 10 Year change
- up 7.8%
- Ave. Rental Price
- £1,184pcm
- 10 Year change
- up 38.1%
- Ave. £ per ft²
- £292/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Propertiesin CM1 2RB
- 61 Wheatfield Way
2 Bed Mid-century Flat
- 63 Wheatfield Way
2 Bed Mid-century Flat
- 65 Wheatfield Way
2 Bed Mid-century Flat
- 67 Wheatfield Way
2 Bed Mid-century Flat
- 69 Wheatfield Way
2 Bed Mid-century Flat
Sales Market Trends
The last sale in CM1 2RB sold for £235,000 on 20th February 2025. Since then prices are up an average of 0.6%.
The current average value in the postcode is £195,444.
The CM1 2RB Sales Market has increased by 7.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £195,444 |
| June 2025 | 0.5% | £199,972 |
| June 2024 | -1.3% | £198,927 |
| June 2023 | -0.8% | £201,610 |
| June 2022 | 5.2% | £203,335 |
| June 2021 | 2.3% | £193,214 |
| June 2020 | 1.5% | £188,858 |
| June 2019 | -1.3% | £186,133 |
| June 2018 | -0.8% | £188,662 |
| June 2017 | 4.9% | £190,174 |
| June 2016 | 12.3% | £181,219 |
| June 2015 | 9.8% | £161,365 |
| June 2014 | 8.8% | £147,022 |
| June 2013 | 0.8% | £135,076 |
| June 2012 | 0.4% | £133,954 |
| June 2011 | 0.1% | £133,469 |
| June 2010 | 5.8% | £133,273 |
| June 2009 | -11.7% | £125,995 |
| June 2008 | -3.3% | £142,737 |
| June 2007 | 0% | £147,623 |
Rental Market Trends
The current average rental value in the postcode is £1,184.
The CM1 2RB Rental Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,184pcm |
| June 2025 | 3% | £1,153pcm |
| June 2024 | 9.1% | £1,120pcm |
| June 2023 | 9.4% | £1,026pcm |
| June 2022 | 4.4% | £938pcm |
| June 2021 | 2.3% | £899pcm |
| June 2020 | 1.8% | £879pcm |
| June 2019 | 0.8% | £863pcm |
| June 2018 | -0.9% | £856pcm |
| June 2017 | 0.8% | £864pcm |
| June 2016 | 4.4% | £857pcm |
| June 2015 | 4.1% | £821pcm |
| June 2014 | 3.5% | £789pcm |
| June 2013 | 2.2% | £762pcm |
| June 2012 | 0.4% | £746pcm |
| June 2011 | 1.9% | £743pcm |
| June 2010 | 3.4% | £730pcm |
| June 2009 | -7.7% | £706pcm |
| June 2008 | 4.4% | £765pcm |
| June 2007 | 0% | £733pcm |
Sales History
The last sale was on 20th February 2025 for £235,000 and since then the market in the area has increased by 0.6%. The postcode has had a total of 52 sales since 1995.
CM1 2RB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£235,000 | 3 Bed Flat77, Wheatfield Way, Chelmsford, CM1 2RB77, Wheatfield Way, Chelmsford, CM1 2RB
- Sold May 2022£245,000 | 3 Bed Flat139, Wheatfield Way, Chelmsford, CM1 2RB139, Wheatfield Way, Chelmsford, CM1 2RB
- Sold Jun 2021£243,000 | 3 Bed Flat73, Wheatfield Way, Chelmsford, CM1 2RB73, Wheatfield Way, Chelmsford, CM1 2RB
- Sold Jan 2021£220,000 | 3 Bed Flat137, Wheatfield Way, Chelmsford, CM1 2RB137, Wheatfield Way, Chelmsford, CM1 2RB
- Sold Mar 2020£155,000 | 2 Bed Flat95, Wheatfield Way, Chelmsford, CM1 2RB95, Wheatfield Way, Chelmsford, CM1 2RB
Nearby Postcodes
CM1 2RB is the 1214th largest and the 64th most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 2RE, Cramphorn Walk, Chelmsford, CM1CM1 2RE33 Addresses|74 m away
- CM1 2RD, Cramphorn Walk, Chelmsford, CM1CM1 2RD37 Addresses|91 m away
- CM1 2GN, Primrose Place, Chelmsford, CM1CM1 2GN4 Addresses|96 m away
- CM1 2RF, South Primrose Hill, Chelmsford, CM1CM1 2RF45 Addresses|98 m away
- CM1 2RG, South Primrose Hill, Chelmsford, CM1CM1 2RG57 Addresses|114 m away
Property Types
- 37 mid-century flats built between 1936 and 1979
- 5 flats of an unknown age
- 6 other addresses of unknown type
- mid-century flat (37)
- flat (5)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 37 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (1)
- F (0)
- C (25)
- G (0)
- D (9)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Nov 2017£255,000 | 3 Bed Flat87, Wheatfield Way, Chelmsford, CM1 2RB87, Wheatfield Way, Chelmsford, CM1 2RB
- Sold May 2022£245,000 | 3 Bed Flat139, Wheatfield Way, Chelmsford, CM1 2RB139, Wheatfield Way, Chelmsford, CM1 2RB
- Sold Jun 2021£243,000 | 3 Bed Flat73, Wheatfield Way, Chelmsford, CM1 2RB73, Wheatfield Way, Chelmsford, CM1 2RB
Schools Nearby
- Maltese Road Primary School500 m away
- Westlands Community Primary School700 m away
- Kings Road Primary School800 m away
- King Edward VI Grammar School, Chelmsford400 m away
- Chelmsford County High School for Girls900 m away
- St John Payne Catholic School, Chelmsford1.6 km away
More reading links
Public Transport Nearby
The closest station to CM1 2RB is Chelmsford station, which is 600 metres away.
- Chelmsford|600 m away
- Beaulieu Park|4.7 km away
- Ingatestone|9.4 km away
- Hatfield Peverel|10.2 km away