CM1 2SR is a residential postcode situated on St. Peters Road, Chelmsford, CM1 with 37 addresses.
It ranks as the 1057th largest and 842nd 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 37 properties: 37 houses.
CM1 2SR is a residential postcode situated on St. Peters Road, Chelmsford, CM1 with 37 addresses.
It ranks as the 1057th largest and 842nd 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 37 properties: 37 houses.
Sale prices range from £397,950 for 3 bedroom freehold houses with a garden (823 ft2) to £546,129 for 4 bedroom freehold houses with a garden (1,302 ft2) .
Monthly rental prices range from £1,688 pcm for 3 bed houses to £2,052 pcm for 4 bed houses.
The gross rental yield is between 4.4% and 5.2%.
The average value per square foot is £441.
The last sale in CM1 2SR sold for £522,500 on 9th February 2024. Since then prices are up an average of 1.9%.
The current average value in the postcode is £458,497.
The CM1 2SR Sales Market has increased by 24.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £458,497 |
| May 2025 | 2.2% | £462,082 |
| May 2024 | -2.5% | £452,010 |
| May 2023 | 1% | £463,770 |
| May 2022 | 7.9% | £459,219 |
| May 2021 | 6.1% | £425,443 |
| May 2020 | 1% | £401,103 |
| May 2019 | -0.1% | £397,093 |
| May 2018 | 1% | £397,291 |
| May 2017 | 6.8% | £393,237 |
| May 2016 | 11.7% | £368,326 |
| May 2015 | 10.8% | £329,746 |
| May 2014 | 9.9% | £297,684 |
| May 2013 | 0.4% | £270,751 |
| May 2012 | 1.8% | £269,612 |
| May 2011 | 2% | £264,752 |
| May 2010 | 9.3% | £259,589 |
| May 2009 | -10.8% | £237,556 |
| May 2008 | -0.8% | £266,350 |
| May 2007 | 0% | £268,460 |
The current average rental value in the postcode is £1,858.
The CM1 2SR Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.5% | £1,858pcm |
| May 2025 | 5% | £1,796pcm |
| May 2024 | 8.5% | £1,709pcm |
| May 2023 | 10.6% | £1,575pcm |
| May 2022 | 6.6% | £1,424pcm |
| May 2021 | 6.3% | £1,336pcm |
| May 2020 | 1.6% | £1,257pcm |
| May 2019 | 1.9% | £1,238pcm |
| May 2018 | 0.1% | £1,215pcm |
| May 2017 | 3% | £1,214pcm |
| May 2016 | 4.3% | £1,178pcm |
| May 2015 | 4.7% | £1,129pcm |
| May 2014 | 4.7% | £1,078pcm |
| May 2013 | 2% | £1,029pcm |
| May 2012 | 2.2% | £1,009pcm |
| May 2011 | 4.3% | £988pcm |
| May 2010 | 5.9% | £947pcm |
| May 2009 | -5.8% | £894pcm |
| May 2008 | 5.5% | £949pcm |
| May 2007 | 0% | £900pcm |
The last sale was on 9th February 2024 for £522,500 and since then the market in the area has increased by 1.9%. The postcode has had a total of 25 sales since 1995.
CM1 2SR has seen 1 sale in the last three years and no sales in the last twelve months.
CM1 2SR is the 1057th largest and the 842nd 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 2SR, 61.7% of property is privately owned outright and 31.3% 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 2SR, 13.7% of residents are recorded as possessing school level qualifications and 36.8% 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 2SR, 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 2SR, 0.4% 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 2SR, there are an average of 1.3 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.