CM1 2RQ is a residential postcode situated on Primrose Hill, Chelmsford, CM1 with 48 addresses.
It ranks as the 910th largest and 232nd 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 48 properties: 13 houses, 16 flats and 19 other properties.
CM1 2RQ is a residential postcode situated on Primrose Hill, Chelmsford, CM1 with 48 addresses.
It ranks as the 910th largest and 232nd 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 48 properties: 13 houses, 16 flats and 19 other properties.
Sale prices range from £193,699 for 2 bedroom leasehold flats (473 ft2) to £557,838 for 4 bedroom freehold houses with a garden (1,613 ft2) .
Monthly rental prices range from £1,141 pcm for 2 bed flats to £2,197 pcm for 4 bed houses.
The gross rental yield is between 4.7% and 7.1%.
The average value per square foot is £405.
The last sale in CM1 2RQ sold for £250,000 on 6th March 2026. Since then prices are down an average of 1.1%.
The current average value in the postcode is £308,082.
The CM1 2RQ Sales Market has increased by 19.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.2% | £308,082 |
| April 2025 | 2.1% | £318,364 |
| April 2024 | -3% | £311,897 |
| April 2023 | 2.1% | £321,659 |
| April 2022 | 6.8% | £314,943 |
| April 2021 | 4.3% | £294,826 |
| April 2020 | 1.2% | £282,740 |
| April 2019 | -0.7% | £279,523 |
| April 2018 | 1.1% | £281,417 |
| April 2017 | 7.5% | £278,478 |
| April 2016 | 11.5% | £258,946 |
| April 2015 | 10.3% | £232,226 |
| April 2014 | 9.6% | £210,516 |
| April 2013 | 2.9% | £192,018 |
| April 2012 | 1.2% | £186,610 |
| April 2011 | -0.2% | £184,482 |
| April 2010 | 8% | £184,812 |
| April 2009 | -12.8% | £171,191 |
| April 2008 | 0.7% | £196,324 |
| April 2007 | 0% | £195,051 |
The current average rental value in the postcode is £1,467.
The CM1 2RQ Rental Market has increased by 51.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,467pcm |
| April 2025 | 4.5% | £1,425pcm |
| April 2024 | 9% | £1,363pcm |
| April 2023 | 10.1% | £1,250pcm |
| April 2022 | 5.9% | £1,136pcm |
| April 2021 | 4.4% | £1,073pcm |
| April 2020 | 1.7% | £1,027pcm |
| April 2019 | 1.6% | £1,010pcm |
| April 2018 | -0.5% | £994pcm |
| April 2017 | 3% | £999pcm |
| April 2016 | 4.7% | £970pcm |
| April 2015 | 3.7% | £927pcm |
| April 2014 | 5% | £894pcm |
| April 2013 | 4.4% | £851pcm |
| April 2012 | 1.8% | £816pcm |
| April 2011 | 2.4% | £801pcm |
| April 2010 | 3.2% | £782pcm |
| April 2009 | -6.4% | £758pcm |
| April 2008 | 6% | £810pcm |
| April 2007 | 0% | £764pcm |
The last sale was on 6th March 2026 for £250,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 77 sales since 1995.
CM1 2RQ has seen 6 sales in the last three years and 3 sales in the last twelve months.
CM1 2RQ is the 910th largest and the 232nd most expensive postcode out of the 1,379 postcodes in the CM1 area.
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