Forest Drive - CM1 2TX
Key Postcode Insights
CM1 2TX is a residential postcode situated on Forest Drive, Chelmsford, CM1 with 10 addresses.
It ranks as the 379th largest and 389th 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 10 properties: 10 houses.
- Ave. Sale Price
- £322,524
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £1,598pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
CM1 2TX is a residential postcode situated on Forest Drive, Chelmsford, CM1 with 10 addresses.
It ranks as the 379th largest and 389th 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 10 properties: 10 houses.
- Ave. Sale Price
- £322,524
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £1,598pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties in CM1 2TX
- 174 Forest Drive
3 Bed Mid-century House
- 176 Forest Drive
3 Bed Mid-century House
- 178 Forest Drive
3 Bed Mid-century House
- 180 Forest Drive
3 Bed Mid-century House
- 182 Forest Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in CM1 2TX sold for £325,000 on 3rd August 2023. Since then prices are down an average of 0.8%.
The current average value in the postcode is £322,524.
The CM1 2TX Sales Market has increased by 22.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £322,524 |
| June 2025 | 2% | £329,165 |
| June 2024 | -1.3% | £322,868 |
| June 2023 | -0.6% | £327,038 |
| June 2022 | 9.4% | £329,026 |
| June 2021 | 5.2% | £300,863 |
| June 2020 | 1.5% | £285,857 |
| June 2019 | -0.9% | £281,680 |
| June 2018 | 1.4% | £284,292 |
| June 2017 | 6.2% | £280,392 |
| June 2016 | 13.3% | £263,912 |
| June 2015 | 12.5% | £232,910 |
| June 2014 | 11.8% | £206,953 |
| June 2013 | 1.2% | £185,084 |
| June 2012 | 1.4% | £182,959 |
| June 2011 | 0.2% | £180,367 |
| June 2010 | 7.9% | £180,075 |
| June 2009 | -9.8% | £166,899 |
| June 2008 | -3% | £185,075 |
| June 2007 | 0% | £190,744 |
Rental Market Trends
The current average rental value in the postcode is £1,598.
The CM1 2TX Rental Market has increased by 59.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,598pcm |
| June 2025 | 5.1% | £1,548pcm |
| June 2024 | 8.7% | £1,473pcm |
| June 2023 | 10.5% | £1,355pcm |
| June 2022 | 7.9% | £1,226pcm |
| June 2021 | 5.6% | £1,137pcm |
| June 2020 | 1.9% | £1,076pcm |
| June 2019 | 0.8% | £1,056pcm |
| June 2018 | 1.2% | £1,048pcm |
| June 2017 | 3.1% | £1,036pcm |
| June 2016 | 5.4% | £1,005pcm |
| June 2015 | 6.7% | £954pcm |
| June 2014 | 6.1% | £894pcm |
| June 2013 | 2.1% | £842pcm |
| June 2012 | 1.6% | £825pcm |
| June 2011 | 2.9% | £811pcm |
| June 2010 | 5.6% | £788pcm |
| June 2009 | -6.3% | £746pcm |
| June 2008 | 3.7% | £796pcm |
| June 2007 | 0% | £768pcm |
Sales History
The last recorded sale was on 3rd August 2023 for £325,000 and since then the market in the area has decreased by 0.8%.
CM1 2TX has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Aug 2023£325,000 | 3 Bed House192, Forest Drive, Chelmsford, CM1 2TX192, Forest Drive, Chelmsford, CM1 2TX
- Sold Jan 2016£220,000 | 3 Bed House186, Forest Drive, Chelmsford, CM1 2TX186, Forest Drive, Chelmsford, CM1 2TX
- Sold Jun 2015£225,000 | 3 Bed House188, Forest Drive, Chelmsford, CM1 2TX188, Forest Drive, Chelmsford, CM1 2TX
Nearby Postcodes
CM1 2TX is the 379th largest and the 389th most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 2TU, Forest Drive, Chelmsford, CM1CM1 2TU8 Addresses|29 m away
- CM1 3DF, Hatfield Grove, Chelmsford, CM1CM1 3DF44 Addresses|131 m away
- CM1 2SA, Beeches Road, Chelmsford, CM1CM1 2SA50 Addresses|151 m away
- CM1 2SE, Abbess Close, Chelmsford, CM1CM1 2SE24 Addresses|167 m away
- CM1 2TT, Forest Drive, Chelmsford, CM1CM1 2TT66 Addresses|167 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- mid-century house (8)
- house (1)
- early-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (5)
- 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 School400 m away
- Maltese Road Primary School1.6 km away
- Our Lady Immaculate Catholic 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 2TX 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
