CM3 4QY is a residential postcode situated on Cherry Garden Lane, Danbury, Chelmsford, CM3 with 12 addresses.
It ranks as the 808th largest and 1176th most expensive of the 1,531 postcodes in the CM3 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
CM3 4QY is a residential postcode situated on Cherry Garden Lane, Danbury, Chelmsford, CM3 with 12 addresses.
It ranks as the 808th largest and 1176th most expensive of the 1,531 postcodes in the CM3 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
Sale prices range from £516,329 for 4 bedroom freehold houses with a garden (1,216 ft2) to £1,067,416 for 5 bedroom freehold houses with a garden (2,088 ft2) .
Monthly rental prices range from £1,819 pcm for 4 bed houses to £3,751 pcm for 5 bed houses.
The gross rental yield is between 3.3% and 4.9%.
The average value per square foot is £412.
The last sale in CM3 4QY sold for £600,000 on 21st November 2024. Since then prices are down an average of 2.0%.
The current average value in the postcode is £756,225.
The CM3 4QY Sales Market has increased by 25.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.6% | £756,225 |
| April 2025 | 1% | £768,194 |
| April 2024 | -3.4% | £760,504 |
| April 2023 | 1.3% | £787,641 |
| April 2022 | 10.6% | £777,383 |
| April 2021 | 6.7% | £703,009 |
| April 2020 | -0.6% | £659,101 |
| April 2019 | 0.4% | £663,124 |
| April 2018 | 2.8% | £660,367 |
| April 2017 | 6.7% | £642,462 |
| April 2016 | 10.8% | £602,264 |
| April 2015 | 9% | £543,460 |
| April 2014 | 7.4% | £498,598 |
| April 2013 | 7.9% | £464,341 |
| April 2012 | 0.1% | £430,485 |
| April 2011 | 1.8% | £429,923 |
| April 2010 | 6.3% | £422,265 |
| April 2009 | -11.2% | £397,148 |
| April 2008 | 4.6% | £447,327 |
| April 2007 | 0% | £427,717 |
The current average rental value in the postcode is £2,465.
The CM3 4QY Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £2,465pcm |
| April 2025 | 5% | £2,397pcm |
| April 2024 | 7.3% | £2,284pcm |
| April 2023 | 7.4% | £2,128pcm |
| April 2022 | 7.7% | £1,982pcm |
| April 2021 | 6.2% | £1,841pcm |
| April 2020 | -0.7% | £1,734pcm |
| April 2019 | 2% | £1,746pcm |
| April 2018 | 1.9% | £1,711pcm |
| April 2017 | 2.4% | £1,678pcm |
| April 2016 | 4.9% | £1,639pcm |
| April 2015 | 4.4% | £1,563pcm |
| April 2014 | 5% | £1,498pcm |
| April 2013 | 5.1% | £1,426pcm |
| April 2012 | 2.5% | £1,358pcm |
| April 2011 | 3.5% | £1,324pcm |
| April 2010 | 4.6% | £1,279pcm |
| April 2009 | -5.7% | £1,223pcm |
| April 2008 | 3.3% | £1,298pcm |
| April 2007 | 0% | £1,256pcm |
The last sale was on 21st November 2024 for £600,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 16 sales since 1995.
CM3 4QY has seen 3 sales in the last three years and no sales in the last twelve months.
CM3 4QY is the 808th largest and the 1176th most expensive postcode out of the 1,531 postcodes in the CM3 area.
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The closest station to CM3 4QY is Hatfield Peverel station which is 7.1 kilometres away.
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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 CM3 4QY, 57.7% of property is privately owned outright and 35.8% 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 CM3 4QY, 19.7% of residents are recorded as possessing school level qualifications and 38.8% 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 CM3 4QY, the average age was 45.2 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 CM3 4QY, 0.5% 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 CM3 4QY, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.