Forest Drive - CM1 2TR
Key Postcode Insights
CM1 2TR is a residential postcode situated on Forest Drive, Chelmsford, CM1 with 28 addresses.
It ranks as the 890th largest and 252nd most expensive of the 1,379 postcodes in the CM1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 16 houses and 12 flats.
- Ave. Sale Price
- £240,944
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £1,283pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
CM1 2TR is a residential postcode situated on Forest Drive, Chelmsford, CM1 with 28 addresses.
It ranks as the 890th largest and 252nd most expensive of the 1,379 postcodes in the CM1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 16 houses and 12 flats.
- Ave. Sale Price
- £240,944
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £1,283pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin CM1 2TR
- 1 Forest Drive
3 Bed Mid-century House
- 2 Forest Drive
3 Bed Mid-century House
- 3 Forest Drive
3 Bed Mid-century House
- 4 Forest Drive
3 Bed Mid-century House
- 5 Forest Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in CM1 2TR sold for £305,000 on 22nd January 2021. Since then prices are up an average of 9.5%.
The current average value in the postcode is £240,944.
The CM1 2TR Sales Market has increased by 15.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £240,944 |
| June 2025 | 1% | £245,987 |
| June 2024 | -0.9% | £243,441 |
| June 2023 | -1.1% | £245,750 |
| June 2022 | 7.8% | £248,512 |
| June 2021 | 3.9% | £230,550 |
| June 2020 | 1.6% | £221,959 |
| June 2019 | -1.1% | £218,552 |
| June 2018 | 0.4% | £220,902 |
| June 2017 | 5.2% | £219,996 |
| June 2016 | 13.1% | £209,187 |
| June 2015 | 11.3% | £185,006 |
| June 2014 | 10.5% | £166,223 |
| June 2013 | 1.2% | £150,488 |
| June 2012 | 0.5% | £148,671 |
| June 2011 | -0.4% | £147,889 |
| June 2010 | 6.5% | £148,425 |
| June 2009 | -10.4% | £139,307 |
| June 2008 | -2.6% | £155,500 |
| June 2007 | 0% | £159,647 |
Rental Market Trends
The current average rental value in the postcode is £1,283.
The CM1 2TR Rental Market has increased by 49.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,283pcm |
| June 2025 | 4.2% | £1,243pcm |
| June 2024 | 9% | £1,193pcm |
| June 2023 | 10% | £1,094pcm |
| June 2022 | 6.3% | £995pcm |
| June 2021 | 4.2% | £936pcm |
| June 2020 | 2% | £898pcm |
| June 2019 | 0.6% | £880pcm |
| June 2018 | 0.2% | £875pcm |
| June 2017 | 2% | £873pcm |
| June 2016 | 5.2% | £856pcm |
| June 2015 | 5.5% | £814pcm |
| June 2014 | 4.9% | £771pcm |
| June 2013 | 2.2% | £735pcm |
| June 2012 | 0.7% | £720pcm |
| June 2011 | 2.4% | £715pcm |
| June 2010 | 4.3% | £698pcm |
| June 2009 | -6.9% | £669pcm |
| June 2008 | 4.1% | £719pcm |
| June 2007 | 0% | £691pcm |
Sales History
The last sale was on 22nd January 2021 for £305,000 and since then the market in the area has increased by 9.5%. The postcode has had a total of 12 sales since 1995.
CM1 2TR has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2021£305,000 | 3 Bed House6, Forest Drive, Chelmsford, CM1 2TR6, Forest Drive, Chelmsford, CM1 2TR
- Sold Oct 2019£255,000 | 3 Bed House3, Forest Drive, Chelmsford, CM1 2TR3, Forest Drive, Chelmsford, CM1 2TR
- Sold Oct 2018£278,000 | 3 Bed House38, Forest Drive, Chelmsford, CM1 2TR38, Forest Drive, Chelmsford, CM1 2TR
- Sold Mar 2018£295,000 | 3 Bed House40, Forest Drive, Chelmsford, CM1 2TR40, Forest Drive, Chelmsford, CM1 2TR
- Sold Nov 2016£272,000 | 3 Bed House8, Forest Drive, Chelmsford, CM1 2TR8, Forest Drive, Chelmsford, CM1 2TR
Nearby Postcodes
CM1 2TR is the 890th largest and the 252nd most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 2SX, Canuden Road, Chelmsford, CM1CM1 2SX9 Addresses|83 m away
- CM1 2TQ, Charnwood Avenue, Chelmsford, CM1CM1 2TQ52 Addresses|124 m away
- CM1 2TH, Epping Close, Chelmsford, CM1CM1 2TH42 Addresses|160 m away
- CM1 2UP, Bilton Road, Chelmsford, CM1CM1 2UP4 Addresses|182 m away
- CM1 2TS, Forest Drive, Chelmsford, CM1CM1 2TS28 Addresses|184 m away
Property Types
- 13 mid-century houses built between 1936 and 1979
- 12 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (13)
- mid-century flat (12)
- early-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (1)
- F (0)
- C (11)
- G (0)
- D (12)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Apr 2026£398,000 | 3 Bed House108, Forest Drive, Chelmsford, CM1 2TT108, Forest Drive, Chelmsford, CM1 2TT
- Sold Feb 2025£375,000 | 3 Bed House99, Forest Drive, Chelmsford, CM1 2TU99, Forest Drive, Chelmsford, CM1 2TU
- Sold May 2025£350,000 | 3 Bed House93, Forest Drive, Chelmsford, CM1 2TU93, Forest Drive, Chelmsford, CM1 2TU
Schools Nearby
- Westlands Community Primary School500 m away
- Our Lady Immaculate Catholic Primary School1.0 km away
- Oaklands Infant School1.3 km away
- Hylands School900 m away
- King Edward VI Grammar School, Chelmsford1.4 km away
- Moulsham High School1.8 km away
More reading links
Public Transport Nearby
The closest station to CM1 2TR is Chelmsford station, which is 1.3 kilometres away.
- Chelmsford|1.3 km away
- Beaulieu Park|5.5 km away
- Ingatestone|8.4 km away
- Hatfield Peverel|11.1 km away
