Erick Avenue - CM1 7BY
Key Postcode Insights
CM1 7BY is a residential postcode situated on Erick Avenue, Chelmsford, CM1 with 7 addresses.
It ranks as the 288th largest and 641st most expensive of the 1,379 postcodes in the CM1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £443,798
- 10 Year change
- up 23.2%
- Ave. Rental Price
- £1,894pcm
- 10 Year change
- up 57.3%
- Ave. £ per ft²
- £382/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
CM1 7BY is a residential postcode situated on Erick Avenue, Chelmsford, CM1 with 7 addresses.
It ranks as the 288th largest and 641st most expensive of the 1,379 postcodes in the CM1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £443,798
- 10 Year change
- up 23.2%
- Ave. Rental Price
- £1,894pcm
- 10 Year change
- up 57.3%
- Ave. £ per ft²
- £382/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin CM1 7BY
- 15 Erick Avenue
3 Bed Early-century House
- 17 Erick Avenue
4 Bed Early-century House
- 19 Erick Avenue
Unknown
- 21 Erick Avenue
Unknown
- 23 Erick Avenue
Unknown
Sales Market Trends
The last sale in CM1 7BY sold for £570,000 on 6th April 2023. Since then prices are down an average of 1.9%.
The current average value in the postcode is £443,798.
The CM1 7BY Sales Market has increased by 23.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £443,798 |
| June 2025 | 2.7% | £450,915 |
| June 2024 | -2.4% | £439,115 |
| June 2023 | 0.6% | £450,099 |
| June 2022 | 7.5% | £447,385 |
| June 2021 | 6.7% | £416,113 |
| June 2020 | 1.3% | £389,966 |
| June 2019 | -0.3% | £385,110 |
| June 2018 | 0.5% | £386,241 |
| June 2017 | 6.7% | £384,165 |
| June 2016 | 11.9% | £360,127 |
| June 2015 | 10.7% | £321,933 |
| June 2014 | 10.3% | £290,889 |
| June 2013 | 0.7% | £263,639 |
| June 2012 | 2% | £261,870 |
| June 2011 | 2.2% | £256,611 |
| June 2010 | 9.9% | £251,031 |
| June 2009 | -10.1% | £228,355 |
| June 2008 | -3.4% | £253,897 |
| June 2007 | 0% | £262,745 |
Rental Market Trends
The current average rental value in the postcode is £1,894.
The CM1 7BY Rental Market has increased by 57.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,894pcm |
| June 2025 | 5.1% | £1,833pcm |
| June 2024 | 7.9% | £1,745pcm |
| June 2023 | 10.8% | £1,616pcm |
| June 2022 | 6.7% | £1,458pcm |
| June 2021 | 6.7% | £1,366pcm |
| June 2020 | 1.6% | £1,281pcm |
| June 2019 | 1.9% | £1,261pcm |
| June 2018 | 0.5% | £1,237pcm |
| June 2017 | 2.2% | £1,231pcm |
| June 2016 | 4% | £1,204pcm |
| June 2015 | 5% | £1,158pcm |
| June 2014 | 4.9% | £1,103pcm |
| June 2013 | 2.1% | £1,051pcm |
| June 2012 | 2% | £1,030pcm |
| June 2011 | 3.8% | £1,009pcm |
| June 2010 | 7.4% | £972pcm |
| June 2009 | -5.9% | £906pcm |
| June 2008 | 4.5% | £962pcm |
| June 2007 | 0% | £921pcm |
Sales History
The last sale was on 6th April 2023 for £570,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 7 sales since 1995.
CM1 7BY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2023£570,000 | 4 Bed House17, Erick Avenue, Chelmsford, CM1 7BY17, Erick Avenue, Chelmsford, CM1 7BY
- Sold Dec 2012£195,000 | 4 Bed House17, Erick Avenue, Chelmsford, CM1 7BY17, Erick Avenue, Chelmsford, CM1 7BY
- Sold Mar 2012£225,000 | 3 Bed House15, Erick Avenue, Chelmsford, CM1 7BY15, Erick Avenue, Chelmsford, CM1 7BY
- Sold Aug 2003£180,000 | 3 Bed House27, Erick Avenue, Chelmsford, CM1 7BY27, Erick Avenue, Chelmsford, CM1 7BY
- Sold Dec 2002£159,000 | 3 Bed House25, Erick Avenue, Chelmsford, CM1 7BY25, Erick Avenue, Chelmsford, CM1 7BY
Nearby Postcodes
CM1 7BY is the 288th largest and the 641st most expensive postcode out of the 1,379 postcodes in the CM1 area.
- CM1 7DB, Moran Avenue, Chelmsford, CM1CM1 7DB16 Addresses|75 m away
- CM1 7BX, Erick Avenue, Chelmsford, CM1CM1 7BX26 Addresses|84 m away
- CM1 7BZ, Heathfield Road, Chelmsford, CM1CM1 7BZ21 Addresses|94 m away
- CM1 7DD, Hearsall Avenue, Chelmsford, CM1CM1 7DD28 Addresses|96 m away
- CM1 7DA, Heathfield Road, Chelmsford, CM1CM1 7DA10 Addresses|100 m away
Property Types
- 3 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- early-century house (3)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Feb 2024£670,000 | 4 Bed House6, Erick Avenue, Chelmsford, CM1 7BX6, Erick Avenue, Chelmsford, CM1 7BX
- Sold Nov 2025£585,000 | 3 Bed House3 Shalford Lodge, Erick Avenue, Chelmsford, CM1 7EE3 Shalford Lodge, Erick Avenue, Chelmsford, CM1 7EE
- Sold Sep 2022£575,000 | 4 Bed House2 Shalford Lodge, Erick Avenue, Chelmsford, CM1 7EE2 Shalford Lodge, Erick Avenue, Chelmsford, CM1 7EE
Schools Nearby
- Broomfield Primary School600 m away
- St Pius X Catholic Primary School1.2 km away
- Perryfields Infant School1.4 km away
- St John Payne Catholic School, Chelmsford900 m away
- Chelmer Valley High School1.5 km away
- Chelmsford County High School for Girls1.6 km away
More reading links
Public Transport Nearby
The closest station to CM1 7BY is Chelmsford station, which is 2.4 kilometres away.
- Chelmsford|2.4 km away
- Beaulieu Park|3.4 km away
- Hatfield Peverel|8.7 km away
- Ingatestone|11.7 km away
