CM1 6LW is a residential postcode situated on Weymouth Road, Chelmsford, CM1 with 12 addresses.
It ranks as the 479th largest and 935th 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 12 properties: 12 houses.
CM1 6LW is a residential postcode situated on Weymouth Road, Chelmsford, CM1 with 12 addresses.
It ranks as the 479th largest and 935th 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 12 properties: 12 houses.
Sale prices range from £329,863 for 2 bedroom freehold houses with a garden (409 ft2) to £561,793 for 3 bedroom freehold houses with a garden (936 ft2) .
Monthly rental prices range from £1,221 pcm for 2 bed houses to £1,997 pcm for 3 bed houses.
The gross rental yield is between 4.3% and 4.5%.
The average value per square foot is £634.
The last sale in CM1 6LW sold for £460,000 on 28th October 2024. Since then prices are down an average of 2.3%.
The current average value in the postcode is £464,554.
The CM1 6LW Sales Market has increased by 23.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £464,554 |
| April 2025 | 2.8% | £480,553 |
| April 2024 | -3% | £467,655 |
| April 2023 | 2.3% | £481,958 |
| April 2022 | 8.2% | £471,340 |
| April 2021 | 5.1% | £435,696 |
| April 2020 | 0.9% | £414,489 |
| April 2019 | -0.8% | £410,939 |
| April 2018 | 1.8% | £414,373 |
| April 2017 | 8.3% | £407,044 |
| April 2016 | 12.7% | £375,745 |
| April 2015 | 11.6% | £333,474 |
| April 2014 | 10.6% | £298,757 |
| April 2013 | 2.4% | £270,156 |
| April 2012 | 1.8% | £263,861 |
| April 2011 | 0.1% | £259,082 |
| April 2010 | 8.6% | £258,846 |
| April 2009 | -13.1% | £238,253 |
| April 2008 | 0.6% | £274,254 |
| April 2007 | 0% | £272,590 |
The current average rental value in the postcode is £1,702.
The CM1 6LW Rental Market has increased by 57.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,702pcm |
| April 2025 | 5.3% | £1,655pcm |
| April 2024 | 9.1% | £1,571pcm |
| April 2023 | 10.3% | £1,441pcm |
| April 2022 | 7.1% | £1,306pcm |
| April 2021 | 5.3% | £1,219pcm |
| April 2020 | 1.5% | £1,158pcm |
| April 2019 | 1.4% | £1,141pcm |
| April 2018 | 0.2% | £1,126pcm |
| April 2017 | 3.8% | £1,123pcm |
| April 2016 | 5.8% | £1,082pcm |
| April 2015 | 4.9% | £1,023pcm |
| April 2014 | 5.9% | £974pcm |
| April 2013 | 3.8% | £920pcm |
| April 2012 | 2.5% | £886pcm |
| April 2011 | 2.8% | £865pcm |
| April 2010 | 4% | £841pcm |
| April 2009 | -6.9% | £809pcm |
| April 2008 | 5.9% | £869pcm |
| April 2007 | 0% | £821pcm |
The last sale was on 28th October 2024 for £460,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 18 sales since 1995.
CM1 6LW has seen 2 sales in the last three years and no sales in the last twelve months.
CM1 6LW is the 479th largest and the 935th 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 6LW, 65.3% of property is privately owned outright and 27.3% 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 6LW, 17.5% of residents are recorded as possessing school level qualifications and 32.8% 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 6LW, the average age was 39.5 and the most common age was 32.
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 6LW, 0.7% 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 6LW, there are an average of 1.4 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.