CM1 7HG is a residential postcode situated on Hollow Lane, Broomfield, Chelmsford, CM1 with 2 addresses.
It ranks as the 88th largest and 504th most expensive of the 1,379 postcodes in the CM1 area.
The postcode contains a total of 2 properties: 1 house and 1 flat.
CM1 7HG is a residential postcode situated on Hollow Lane, Broomfield, Chelmsford, CM1 with 2 addresses.
It ranks as the 88th largest and 504th most expensive of the 1,379 postcodes in the CM1 area.
The postcode contains a total of 2 properties: 1 house and 1 flat.
Sale prices range from £211,226 for 2 bedroom Leasehold flats (538 ft2) to £484,914 for 3 bedroom freehold houses with a garden (861 ft2) .
Monthly rental prices range from £1,188 pcm for 2 bed flats to £1,749 pcm for 3 bed houses.
The gross rental yield is between 4.3% and 6.8%.
The average value per square foot is £478.
The last sale in CM1 7HG sold for £215,000 on 20th September 2004. Since then prices are down an average of 0.0%.
The current average value in the postcode is £348,070.
The CM1 7HG Sales Market has increased by 17.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.1% | £348,070 |
| April 2025 | 2.1% | £359,265 |
| April 2024 | -2.7% | £351,728 |
| April 2023 | 1.7% | £361,533 |
| April 2022 | 6.7% | £355,600 |
| April 2021 | 3.6% | £333,289 |
| April 2020 | 0.9% | £321,792 |
| April 2019 | -1% | £318,910 |
| April 2018 | 1% | £322,278 |
| April 2017 | 7.4% | £319,240 |
| April 2016 | 12.1% | £297,375 |
| April 2015 | 10.5% | £265,310 |
| April 2014 | 9.6% | £240,078 |
| April 2013 | 1.5% | £219,104 |
| April 2012 | 0.9% | £215,840 |
| April 2011 | -0.1% | £213,908 |
| April 2010 | 7.3% | £214,175 |
| April 2009 | -13.1% | £199,541 |
| April 2008 | 0.4% | £229,687 |
| April 2007 | 0% | £228,841 |
The current average rental value in the postcode is £1,469.
The CM1 7HG Rental Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,469pcm |
| April 2025 | 4.7% | £1,426pcm |
| April 2024 | 9.3% | £1,361pcm |
| April 2023 | 9.5% | £1,246pcm |
| April 2022 | 5.7% | £1,138pcm |
| April 2021 | 3.7% | £1,076pcm |
| April 2020 | 1.4% | £1,038pcm |
| April 2019 | 1.2% | £1,023pcm |
| April 2018 | -0.6% | £1,011pcm |
| April 2017 | 2.8% | £1,017pcm |
| April 2016 | 5.2% | £989pcm |
| April 2015 | 4% | £940pcm |
| April 2014 | 4.9% | £904pcm |
| April 2013 | 3% | £862pcm |
| April 2012 | 1.6% | £837pcm |
| April 2011 | 2.5% | £824pcm |
| April 2010 | 2.6% | £804pcm |
| April 2009 | -6.8% | £783pcm |
| April 2008 | 5.6% | £840pcm |
| April 2007 | 0% | £795pcm |
The last sale was on 20th September 2004 for £215,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
CM1 7HG has seen no sales in the last three years and no sales in the last twelve months.
CM1 7HG is the 88th largest and the 504th most expensive postcode out of the 1,379 postcodes in the CM1 area.
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