CM1 4TE is a residential postcode situated on Mashbury Road, Chignal Smealey, Chelmsford, CM1 with 5 addresses.
It ranks as the 203rd largest and 1295th most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 5 houses.
CM1 4TE is a residential postcode situated on Mashbury Road, Chignal Smealey, Chelmsford, CM1 with 5 addresses.
It ranks as the 203rd largest and 1295th most expensive of the 1,379 postcodes in the CM1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 5 houses.
Sale prices range from £392,339 for 3 bedroom freehold houses with a garden (731 ft2) to £780,494 for 5 bedroom freehold houses with a garden (2,443 ft2) .
Monthly rental prices range from £1,735 pcm for 3 bed houses to £2,764 pcm for 5 bed houses.
The gross rental yield is between 4.3% and 5.3%.
The average value per square foot is £366.
The last sale in CM1 4TE sold for £390,000 on 20th September 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £625,232.
The CM1 4TE Sales Market has increased by 21.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.8% | £625,232 |
| April 2025 | 1.1% | £643,418 |
| April 2024 | -3.3% | £636,268 |
| April 2023 | 2.1% | £657,823 |
| April 2022 | 7.6% | £644,438 |
| April 2021 | 5.7% | £598,724 |
| April 2020 | 1.3% | £566,270 |
| April 2019 | 0.7% | £559,213 |
| April 2018 | 1.6% | £555,465 |
| April 2017 | 6.4% | £546,961 |
| April 2016 | 10.8% | £513,939 |
| April 2015 | 8.9% | £464,053 |
| April 2014 | 10.5% | £426,038 |
| April 2013 | 4.6% | £385,441 |
| April 2012 | 1.7% | £368,625 |
| April 2011 | 0% | £362,295 |
| April 2010 | 8.3% | £362,315 |
| April 2009 | -11.6% | £334,532 |
| April 2008 | 2.9% | £378,375 |
| April 2007 | 0% | £367,534 |
The current average rental value in the postcode is £2,353.
The CM1 4TE Rental Market has increased by 55.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £2,353pcm |
| April 2025 | 5% | £2,287pcm |
| April 2024 | 7.7% | £2,178pcm |
| April 2023 | 10.4% | £2,021pcm |
| April 2022 | 6.3% | £1,832pcm |
| April 2021 | 6.4% | £1,724pcm |
| April 2020 | 1.4% | £1,620pcm |
| April 2019 | 2.6% | £1,597pcm |
| April 2018 | -0.4% | £1,557pcm |
| April 2017 | 3% | £1,563pcm |
| April 2016 | 4% | £1,516pcm |
| April 2015 | 4.5% | £1,459pcm |
| April 2014 | 5.2% | £1,396pcm |
| April 2013 | 6.2% | £1,327pcm |
| April 2012 | 2.6% | £1,250pcm |
| April 2011 | 2.8% | £1,218pcm |
| April 2010 | 3.8% | £1,184pcm |
| April 2009 | -5.6% | £1,141pcm |
| April 2008 | 6.4% | £1,209pcm |
| April 2007 | 0% | £1,136pcm |
The last sale was on 20th September 2024 for £390,000 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
CM1 4TE has seen 1 sale in the last three years and no sales in the last twelve months.
CM1 4TE is the 203rd largest and the 1295th most expensive postcode out of the 1,379 postcodes in the CM1 area.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CM1 4TE, 44.8% of property is privately owned with a mortgage and 30.6% is privately owned outright.
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 4TE, 20.6% of residents are recorded as possessing school level qualifications and 41.6% 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 4TE, the average age was 40.5 and the most common age was 37.
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 4TE, 1.8% 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 4TE, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.