CM3 8BH is a residential postcode situated on Old Church Road, East Hanningfield, Chelmsford, CM3 with 15 addresses.
It ranks as the 926th largest and 4th most expensive of the 1,531 postcodes in the CM3 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 15 properties: 4 houses and 11 flats.
CM3 8BH is a residential postcode situated on Old Church Road, East Hanningfield, Chelmsford, CM3 with 15 addresses.
It ranks as the 926th largest and 4th most expensive of the 1,531 postcodes in the CM3 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 15 properties: 4 houses and 11 flats.
Sale prices range from £84,814 for 1 bedroom Leasehold flats (369 ft2) to £429,297 for 5 bedroom freehold houses with a garden (3,369 ft2) .
Monthly rental prices range from £512 pcm for 1 bed flats to £2,004 pcm for 5 bed houses.
The gross rental yield is between 5.6% and 7.2%.
The average value per square foot is £347.
The last sale in CM3 8BH sold for £1,550,000 on 29th November 2022. Since then prices are up an average of 59.0%.
The current average value in the postcode is £162,328.
The CM3 8BH Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.5% | £162,328 |
| April 2025 | 1% | £164,764 |
| April 2024 | -2.5% | £163,212 |
| April 2023 | 0.6% | £167,438 |
| April 2022 | 10.1% | £166,430 |
| April 2021 | 4.9% | £151,129 |
| April 2020 | 0.2% | £144,064 |
| April 2019 | 0% | £143,831 |
| April 2018 | 2.8% | £143,858 |
| April 2017 | 6.2% | £139,978 |
| April 2016 | 11.3% | £131,838 |
| April 2015 | 9.3% | £118,476 |
| April 2014 | 7.2% | £108,373 |
| April 2013 | 4.9% | £101,067 |
| April 2012 | -1% | £96,304 |
| April 2011 | 2% | £97,326 |
| April 2010 | 4.1% | £95,398 |
| April 2009 | -11.6% | £91,641 |
| April 2008 | 4.4% | £103,654 |
| April 2007 | 0% | £99,299 |
The current average rental value in the postcode is £845.
The CM3 8BH Rental Market has increased by 45.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £845pcm |
| April 2025 | 4.6% | £824pcm |
| April 2024 | 8.4% | £788pcm |
| April 2023 | 6.8% | £727pcm |
| April 2022 | 7.4% | £681pcm |
| April 2021 | 4.6% | £634pcm |
| April 2020 | -0.4% | £606pcm |
| April 2019 | 1.6% | £609pcm |
| April 2018 | 1.8% | £599pcm |
| April 2017 | 1.6% | £589pcm |
| April 2016 | 5.5% | £580pcm |
| April 2015 | 4.9% | £549pcm |
| April 2014 | 4.8% | £524pcm |
| April 2013 | 2.4% | £500pcm |
| April 2012 | 1.5% | £488pcm |
| April 2011 | 3.6% | £481pcm |
| April 2010 | 2.3% | £465pcm |
| April 2009 | -5.9% | £454pcm |
| April 2008 | 2.5% | £483pcm |
| April 2007 | 0% | £471pcm |
The last sale was on 29th November 2022 for £1,550,000 and since then the market in the area has increased by 59.0%. The postcode has had a total of 3 sales since 1995.
CM3 8BH has seen no sales in the last three years and no sales in the last twelve months.
CM3 8BH is the 926th largest and the 4th most expensive postcode out of the 1,531 postcodes in the CM3 area.
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The closest station to CM3 8BH is South Woodham Ferrers station which is 4.4 kilometres away.
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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 8BH, 31.1% of property is privately owned outright and 31.1% 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 8BH, 18.5% of residents are recorded as possessing school level qualifications and 24.1% 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 8BH, 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 8BH, 4.1% 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 8BH, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.