Forest Drive - CM1 2TU
Key Postcode Insights
CM1 2TU is a residential postcode situated on Forest Drive, Chelmsford, CM1 with 8 addresses.
It ranks as the 295th largest and 527th 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 8 properties: 7 houses and 1 other property.
- Ave. Sale Price
- £359,190
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £1,704pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £411/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
CM1 2TU is a residential postcode situated on Forest Drive, Chelmsford, CM1 with 8 addresses.
It ranks as the 295th largest and 527th 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 8 properties: 7 houses and 1 other property.
- Ave. Sale Price
- £359,190
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £1,704pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £411/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Properties in CM1 2TU
- 93 Forest Drive
3 Bed Mid-century House
- 95 Forest Drive
3 Bed Mid-century House
- 97 Forest Drive
3 Bed Mid-century House
- 99 Forest Drive
3 Bed Mid-century House
- 101 Forest Drive
House
Sales Market Trends
The last sale in CM1 2TU sold for £350,000 on 27th May 2025. Since then prices are down an average of 1.8%.
The current average value in the postcode is £359,190.
The CM1 2TU Sales Market has increased by 22.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £359,190 |
| June 2025 | 2% | £366,587 |
| June 2024 | -1.3% | £359,574 |
| June 2023 | -0.6% | £364,217 |
| June 2022 | 9.4% | £366,432 |
| June 2021 | 5.2% | £335,068 |
| June 2020 | 1.5% | £318,356 |
| June 2019 | -0.9% | £313,703 |
| June 2018 | 1.4% | £316,612 |
| June 2017 | 6.2% | £312,269 |
| June 2016 | 13.3% | £293,916 |
| June 2015 | 12.5% | £259,389 |
| June 2014 | 11.8% | £230,481 |
| June 2013 | 1.2% | £206,125 |
| June 2012 | 1.4% | £203,759 |
| June 2011 | 0.2% | £200,872 |
| June 2010 | 7.9% | £200,548 |
| June 2009 | -9.8% | £185,873 |
| June 2008 | -3% | £206,116 |
| June 2007 | 0% | £212,429 |
Rental Market Trends
The current average rental value in the postcode is £1,704.
The CM1 2TU Rental Market has increased by 59.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,704pcm |
| June 2025 | 5.1% | £1,651pcm |
| June 2024 | 8.7% | £1,570pcm |
| June 2023 | 10.5% | £1,445pcm |
| June 2022 | 7.9% | £1,308pcm |
| June 2021 | 5.6% | £1,212pcm |
| June 2020 | 1.9% | £1,148pcm |
| June 2019 | 0.8% | £1,126pcm |
| June 2018 | 1.2% | £1,118pcm |
| June 2017 | 3.1% | £1,105pcm |
| June 2016 | 5.4% | £1,072pcm |
| June 2015 | 6.7% | £1,017pcm |
| June 2014 | 6.1% | £953pcm |
| June 2013 | 2.1% | £898pcm |
| June 2012 | 1.6% | £879pcm |
| June 2011 | 2.9% | £865pcm |
| June 2010 | 5.6% | £840pcm |
| June 2009 | -6.3% | £796pcm |
| June 2008 | 3.7% | £849pcm |
| June 2007 | 0% | £819pcm |
Sales History
The last recorded sale was on 27th May 2025 for £350,000 and since then the market in the area has decreased by 1.8%.
CM1 2TU has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold May 2025£350,000 | 3 Bed House93, Forest Drive, Chelmsford, CM1 2TU93, Forest Drive, Chelmsford, CM1 2TU
- Sold Feb 2025£375,000 | 3 Bed House99, Forest Drive, Chelmsford, CM1 2TU99, Forest Drive, Chelmsford, CM1 2TU
- Sold Sep 2022£335,000 | 3 Bed House93, Forest Drive, Chelmsford, CM1 2TU93, Forest Drive, Chelmsford, CM1 2TU
Nearby Postcodes
CM1 2TU is the 295th largest and the 527th most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 2TX, Forest Drive, Chelmsford, CM1CM1 2TX10 Addresses|29 m away
- CM1 3DF, Hatfield Grove, Chelmsford, CM1CM1 3DF44 Addresses|103 m away
- CM1 2TT, Forest Drive, Chelmsford, CM1CM1 2TT66 Addresses|162 m away
- CM1 3DB, Dean Way, Chelmsford, CM1CM1 3DB12 Addresses|167 m away
- CM1 2SA, Beeches Road, Chelmsford, CM1CM1 2SA50 Addresses|180 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (7)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Apr 2026£398,000 | 4 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 School1.6 km away
- Maltese Road Primary School1.6 km away
- Hylands School500 m away
- King Edward VI Grammar School, Chelmsford1.6 km away
- Chelmsford County High School for Girls2.0 km away
More reading links
Public Transport Nearby
The closest station to CM1 2TU is Chelmsford station, which is 1.7 kilometres away.
- Chelmsford|1.7 km away
- Beaulieu Park|5.8 km away
- Ingatestone|8.4 km away
- Hatfield Peverel|11.4 km away
