CM1 7SN is a residential postcode situated on Mulberry Way, Chelmsford, CM1 with 9 addresses.
It ranks as the 360th largest and 930th 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 9 properties: 9 houses.
CM1 7SN is a residential postcode situated on Mulberry Way, Chelmsford, CM1 with 9 addresses.
It ranks as the 360th largest and 930th 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 9 properties: 9 houses.
Sale prices range from £455,359 for 4 bedroom freehold houses with a garden (1,119 ft2) to £913,734 for 5 bedroom freehold houses with a garden (2,066 ft2) .
Monthly rental prices range from £2,012 pcm for 4 bed houses to £3,025 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 5.3%.
The average value per square foot is £407.
The last sale in CM1 7SN sold for £535,000 on 3rd March 2025. Since then prices are down an average of 3.2%.
The current average value in the postcode is £549,510.
The CM1 7SN Sales Market has increased by 22.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £549,510 |
| April 2025 | 1.9% | £568,467 |
| April 2024 | -3.7% | £558,031 |
| April 2023 | 2.9% | £579,711 |
| April 2022 | 7% | £563,229 |
| April 2021 | 5.9% | £526,443 |
| April 2020 | 1.4% | £496,925 |
| April 2019 | 0.3% | £490,015 |
| April 2018 | 1.1% | £488,674 |
| April 2017 | 7.5% | £483,586 |
| April 2016 | 10.3% | £449,654 |
| April 2015 | 9.7% | £407,518 |
| April 2014 | 9.6% | £371,636 |
| April 2013 | 5.8% | £339,017 |
| April 2012 | 1.6% | £320,422 |
| April 2011 | -0.1% | £315,311 |
| April 2010 | 9% | £315,582 |
| April 2009 | -12.1% | £289,521 |
| April 2008 | 1.5% | £329,275 |
| April 2007 | 0% | £324,518 |
The current average rental value in the postcode is £2,192.
The CM1 7SN Rental Market has increased by 55.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £2,192pcm |
| April 2025 | 4.3% | £2,131pcm |
| April 2024 | 8.2% | £2,043pcm |
| April 2023 | 11% | £1,887pcm |
| April 2022 | 6% | £1,701pcm |
| April 2021 | 6.1% | £1,605pcm |
| April 2020 | 2% | £1,512pcm |
| April 2019 | 2.5% | £1,483pcm |
| April 2018 | -0.5% | £1,446pcm |
| April 2017 | 3% | £1,453pcm |
| April 2016 | 3.6% | £1,410pcm |
| April 2015 | 3.1% | £1,362pcm |
| April 2014 | 5% | £1,321pcm |
| April 2013 | 7.3% | £1,258pcm |
| April 2012 | 2.3% | £1,173pcm |
| April 2011 | 2.5% | £1,147pcm |
| April 2010 | 4.2% | £1,118pcm |
| April 2009 | -5.7% | £1,073pcm |
| April 2008 | 6.8% | £1,137pcm |
| April 2007 | 0% | £1,065pcm |
The last sale was on 3rd March 2025 for £535,000 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 10 sales since 1995.
CM1 7SN has seen 1 sale in the last three years and no sales in the last twelve months.
CM1 7SN is the 360th largest and the 930th most expensive postcode out of the 1,379 postcodes in the CM1 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around CM1 7SN, 41.0% of property is privately owned outright and 33.6% 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 7SN, 19.6% of residents are recorded as possessing school level qualifications and 33.8% 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 7SN, the average age was 41.4 and the most common age was 57.
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 7SN, 0.0% 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 7SN, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.