CM1 2SE is a residential postcode situated on Abbess Close, Chelmsford, CM1 with 24 addresses.
It ranks as the 795th largest and 896th most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
CM1 2SE is a residential postcode situated on Abbess Close, Chelmsford, CM1 with 24 addresses.
It ranks as the 795th largest and 896th most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
Sale prices range from £424,030 for 3 bedroom leasehold houses with a garden (904 ft2) to £576,214 for 4 bedroom freehold houses with a garden (1,582 ft2) .
Monthly rental prices range from £1,764 pcm for 3 bed houses to £2,148 pcm for 4 bed houses.
The gross rental yield is between 4.5% and 5.0%.
The average value per square foot is £429.
The last sale in CM1 2SE sold for £515,000 on 4th February 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £481,986.
The CM1 2SE Sales Market has increased by 24.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £481,986 |
| May 2025 | 2.2% | £485,755 |
| May 2024 | -2.5% | £475,167 |
| May 2023 | 1% | £487,530 |
| May 2022 | 7.9% | £482,745 |
| May 2021 | 6.1% | £447,239 |
| May 2020 | 1% | £421,652 |
| May 2019 | -0.1% | £417,436 |
| May 2018 | 1% | £417,645 |
| May 2017 | 6.8% | £413,382 |
| May 2016 | 11.7% | £387,195 |
| May 2015 | 10.8% | £346,639 |
| May 2014 | 9.9% | £312,934 |
| May 2013 | 0.4% | £284,622 |
| May 2012 | 1.8% | £283,424 |
| May 2011 | 2% | £278,315 |
| May 2010 | 9.3% | £272,888 |
| May 2009 | -10.8% | £249,726 |
| May 2008 | -0.8% | £279,995 |
| May 2007 | 0% | £282,213 |
The current average rental value in the postcode is £1,917.
The CM1 2SE Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.5% | £1,917pcm |
| May 2025 | 5% | £1,852pcm |
| May 2024 | 8.5% | £1,763pcm |
| May 2023 | 10.6% | £1,625pcm |
| May 2022 | 6.6% | £1,469pcm |
| May 2021 | 6.3% | £1,378pcm |
| May 2020 | 1.6% | £1,297pcm |
| May 2019 | 1.9% | £1,277pcm |
| May 2018 | 0.1% | £1,253pcm |
| May 2017 | 3% | £1,252pcm |
| May 2016 | 4.3% | £1,216pcm |
| May 2015 | 4.7% | £1,165pcm |
| May 2014 | 4.7% | £1,112pcm |
| May 2013 | 2% | £1,062pcm |
| May 2012 | 2.2% | £1,041pcm |
| May 2011 | 4.3% | £1,019pcm |
| May 2010 | 5.9% | £977pcm |
| May 2009 | -5.8% | £923pcm |
| May 2008 | 5.5% | £979pcm |
| May 2007 | 0% | £929pcm |
The last sale was on 4th February 2025 for £515,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 21 sales since 1995.
CM1 2SE has seen 3 sales in the last three years and no sales in the last twelve months.
CM1 2SE is the 795th largest and the 896th 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 2SE, 57.7% of property is privately owned outright and 35.4% is privately owned with a mortgage.
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 2SE, 16.3% of residents are recorded as possessing school level qualifications and 39.3% 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 2SE, the average age was 45.8 and the most common age was 57.
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 2SE, 0.6% 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 2SE, there are an average of 1.5 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, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.