Buchanan Way - CM3 6HL
Key Postcode Insights
CM3 6HL is a residential postcode situated on Buchanan Way, Latchingdon, Chelmsford, CM3 with 40 addresses.
It ranks as the 1385th largest and 137th most expensive of the 1,531 postcodes in the CM3 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 40 properties: 33 houses and 7 flats.
- Ave. Sale Price
- £280,269
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £1,445pcm
- 10 Year change
- up 51.0%
- Ave. £ per ft²
- £453/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
CM3 6HL is a residential postcode situated on Buchanan Way, Latchingdon, Chelmsford, CM3 with 40 addresses.
It ranks as the 1385th largest and 137th most expensive of the 1,531 postcodes in the CM3 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 40 properties: 33 houses and 7 flats.
- Ave. Sale Price
- £280,269
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £1,445pcm
- 10 Year change
- up 51.0%
- Ave. £ per ft²
- £453/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin CM3 6HL
- 1 Buchanan Way
2 Bed Modern Flat
- 2 Buchanan Way
3 Bed Modern House
- 3 Buchanan Way
2 Bed Modern Flat
- 4 Buchanan Way
3 Bed Modern House
- 6 Buchanan Way
2 Bed Modern Flat
Sales Market Trends
The last sale in CM3 6HL sold for £285,000 on 18th February 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £280,269.
The CM3 6HL Sales Market has increased by 19.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £280,269 |
| June 2025 | 1.6% | £284,518 |
| June 2024 | -0.6% | £280,164 |
| June 2023 | -1.8% | £281,748 |
| June 2022 | 8.8% | £286,931 |
| June 2021 | 6.1% | £263,667 |
| June 2020 | 0.2% | £248,572 |
| June 2019 | -0.4% | £248,086 |
| June 2018 | 1.9% | £249,168 |
| June 2017 | 4% | £244,513 |
| June 2016 | 13.4% | £235,140 |
| June 2015 | 9.9% | £207,411 |
| June 2014 | 9.5% | £188,681 |
| June 2013 | -0.2% | £172,259 |
| June 2012 | 0.6% | £172,545 |
| June 2011 | 0.7% | £171,473 |
| June 2010 | 5.5% | £170,227 |
| June 2009 | -11.3% | £161,329 |
| June 2008 | 0.2% | £181,800 |
| June 2007 | 0% | £181,427 |
Rental Market Trends
The current average rental value in the postcode is £1,445.
The CM3 6HL Rental Market has increased by 51.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,445pcm |
| June 2025 | 6.3% | £1,403pcm |
| June 2024 | 8.1% | £1,320pcm |
| June 2023 | 7.1% | £1,221pcm |
| June 2022 | 6.8% | £1,140pcm |
| June 2021 | 5.4% | £1,067pcm |
| June 2020 | 0.8% | £1,012pcm |
| June 2019 | 0.5% | £1,003pcm |
| June 2018 | 2.7% | £999pcm |
| June 2017 | 1.6% | £973pcm |
| June 2016 | 5.8% | £957pcm |
| June 2015 | 5.9% | £904pcm |
| June 2014 | 3.8% | £854pcm |
| June 2013 | -0.1% | £823pcm |
| June 2012 | 1.1% | £824pcm |
| June 2011 | 3% | £815pcm |
| June 2010 | 4.9% | £791pcm |
| June 2009 | -5.6% | £754pcm |
| June 2008 | 2.6% | £800pcm |
| June 2007 | 0% | £779pcm |
Sales History
The last sale was on 18th February 2025 for £285,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 84 sales since 1995.
CM3 6HL has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£285,000 | 2 Bed House35, Buchanan Way, Chelmsford, CM3 6HL35, Buchanan Way, Chelmsford, CM3 6HL
- Sold Nov 2024£287,000 | 2 Bed House33, Buchanan Way, Chelmsford, CM3 6HL33, Buchanan Way, Chelmsford, CM3 6HL
- Sold Jul 2024£175,000 | 2 Bed Flat1, Buchanan Way, Chelmsford, CM3 6HL1, Buchanan Way, Chelmsford, CM3 6HL
- Sold Mar 2024£280,000 | 2 Bed House10, Buchanan Way, Chelmsford, CM3 6HL10, Buchanan Way, Chelmsford, CM3 6HL
- Sold Apr 2023£163,500 | 2 Bed Flat6, Buchanan Way, Chelmsford, CM3 6HL6, Buchanan Way, Chelmsford, CM3 6HL
Nearby Postcodes
CM3 6HL is the 1385th largest and the 137th most expensive postcode out of the 1,531 postcodes in the CM3 area.
- CM3 6UW, St. Michaels Close, Latchingdon, Chelmsford, CM3CM3 6UW10 Addresses|44 m away
- CM3 6HJ, Granary Close, Latchingdon, Chelmsford, CM3CM3 6HJ25 Addresses|62 m away
- CM3 6HH, Buchanan Way, Latchingdon, Chelmsford, CM3CM3 6HH16 Addresses|77 m away
- CM3 6UN, Snoreham Gardens, Latchingdon, Chelmsford, CM3CM3 6UN22 Addresses|95 m away
- CM3 6JS, The Street, Latchingdon, Chelmsford, CM3CM3 6JS23 Addresses|122 m away
Property Types
- 18 modern houses built after 1980
- 5 modern flats built after 1980
- 9 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- modern house (18)
- modern flat (5)
- mid-century house (9)
- mid-century flat (2)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (12)
- G (0)
- D (21)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Apr 2022£405,000 | 3 Bed House2, Buchanan Way, Chelmsford, CM3 6HL2, Buchanan Way, Chelmsford, CM3 6HL
- Sold Nov 2019£300,000 | 3 Bed House4, Buchanan Way, Chelmsford, CM3 6HL4, Buchanan Way, Chelmsford, CM3 6HL
- Sold Nov 2024£287,000 | 2 Bed House33, Buchanan Way, Chelmsford, CM3 6HL33, Buchanan Way, Chelmsford, CM3 6HL
Schools Nearby
- Christchurch Church of England Primary School200 m away
- Maylandsea Primary School2.8 km away
- Cold Norton Primary School3.8 km away
- Ormiston Rivers Academy7.1 km away
- Plume School7.3 km away
- William de Ferrers School7.7 km away
More reading links
Public Transport Nearby
The closest station to CM3 6HL is Althorne (Essex) station, which is 3.2 kilometres away.
- Althorne (Essex)|3.2 km away
- North Fambridge|3.8 km away
- Southminster|7.7 km away
- South Woodham Ferrers|8.4 km away