HomesIndex

Local market reports › CM

CM local market report Chelmsford

Every figure on this page comes from the public record: 405,852 sales registered with HM Land Registry in the CM postcode area (Chelmsford) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

CM is the postcode area centred on Chelmsford, taking in 25 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where CM sits

Click the map to open CM on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

DAMECBBRENSEECNSGWCNWCRSWWSMALHAWDUBTWCM
£390,000median sold price, 2026
+3%five-year change (cash)
9,002sales in the last 12 months
5.0%gross rental yield (est.)

What a home in CM sells for

The 2026 median in CM is £390,000, from 2,475 registered sales; the mean, £431,100, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so CM trades 42% above the country as a whole.

The price of a typical CM home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £66,000 at the time · £140,123 in today's money · 10,783 sales1996: £69,000 at the time · £142,119 in today's money · 13,393 sales1997: £74,400 at the time · £149,016 in today's money · 15,644 sales1998: £81,000 at the time · £159,686 in today's money · 14,236 sales1999: £89,600 at the time · £174,398 in today's money · 17,122 sales2000: £107,000 at the time · £205,083 in today's money · 14,670 sales2001: £122,500 at the time · £230,000 in today's money · 16,105 sales2002: £148,000 at the time · £271,957 in today's money · 16,564 sales2003: £171,000 at the time · £307,666 in today's money · 15,038 sales2004: £187,500 at the time · £332,584 in today's money · 15,397 sales2005: £195,000 at the time · £338,917 in today's money · 13,231 sales2006: £206,400 at the time · £349,916 in today's money · 16,802 sales2007: £223,000 at the time · £369,436 in today's money · 15,932 sales2008: £220,000 at the time · £352,204 in today's money · 7,965 sales2009: £208,000 at the time · £326,553 in today's money · 8,558 sales2010: £230,000 at the time · £352,275 in today's money · 9,223 sales2011: £228,000 at the time · £336,154 in today's money · 8,930 sales2012: £232,000 at the time · £333,500 in today's money · 8,968 sales2013: £238,000 at the time · £334,460 in today's money · 10,852 sales2014: £250,000 at the time · £346,386 in today's money · 13,181 sales2015: £280,000 at the time · £386,400 in today's money · 13,712 sales2016: £315,000 at the time · £430,396 in today's money · 13,308 sales2017: £340,000 at the time · £452,896 in today's money · 12,683 sales2018: £345,000 at the time · £449,151 in today's money · 12,581 sales2019: £345,000 at the time · £441,651 in today's money · 12,395 sales2020: £370,000 at the time · £468,871 in today's money · 11,311 sales2021: £380,000 at the time · £469,892 in today's money · 16,609 sales2022: £400,000 at the time · £458,091 in today's money · 13,997 sales2023: £381,000 at the time · £408,849 in today's money · 10,808 sales2024: £397,000 at the time · £412,235 in today's money · 11,558 sales2025: £405,000 at the time · £405,000 in today's money · 11,821 sales2026: £390,000 at the time · £390,000 in today's money · 2,475 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£390,000£390,0002,475
2025£405,000£405,00011,821
2024£397,000£412,23511,558
2023£381,000£408,84910,808
2022£400,000£458,09113,997
2021£380,000£469,89216,609
2020£370,000£468,87111,311
2019£345,000£441,65112,395
2018£345,000£449,15112,581
2017£340,000£452,89612,683
2016£315,000£430,39613,308
2015£280,000£386,40013,712
2014£250,000£346,38613,181
2013£238,000£334,46010,852
2012£232,000£333,5008,968
2011£228,000£336,1548,930
2010£230,000£352,2759,223
2009£208,000£326,5538,558
2008£220,000£352,2047,965
2007£223,000£369,43615,932
2006£206,400£349,91616,802
2005£195,000£338,91713,231
2004£187,500£332,58415,397
2003£171,000£307,66615,038
2002£148,000£271,95716,564
2001£122,500£230,00016,105
2000£107,000£205,08314,670
1999£89,600£174,39817,122
1998£81,000£159,68614,236
1997£74,400£149,01615,644
1996£69,000£142,11913,393
1995£66,000£140,12310,783

In cash terms the typical CM home went from £66,000 in 1995 to £390,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 178%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 17% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

Year-on-year change in the CM median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+25% -25% 0% 1996 · +4.5% on the year before1997 · +7.8% on the year before1998 · +8.9% on the year before1999 · +10.6% on the year before2000 · +19.4% on the year before2001 · +14.5% on the year before2002 · +20.8% on the year before2003 · +15.5% on the year before2004 · +9.6% on the year before2005 · +4.0% on the year before2006 · +5.8% on the year before2007 · +8.0% on the year before2008 · −1.3% on the year before2009 · −5.5% on the year before2010 · +10.6% on the year before2011 · −0.9% on the year before2012 · +1.8% on the year before2013 · +2.6% on the year before2014 · +5.0% on the year before2015 · +12.0% on the year before2016 · +12.5% on the year before2017 · +7.9% on the year before2018 · +1.5% on the year before2019 · +0.0% on the year before2020 · +7.2% on the year before2021 · +2.7% on the year before2022 · +5.3% on the year before2023 · −4.8% on the year before2024 · +4.2% on the year before2025 · +2.0% on the year before2026 · −3.7% on the year before200020052010201520202026

The strongest year on record here is 2002 (+20.8% on the year before); the weakest, 2009 (−5.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−3.7%−3.7%
5 years (since 2021)+0.5%−3.7%
10 years (since 2016)+2.2%−1.0%
20 years (since 2006)+3.2%+0.5%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

10k20k 1995: 10,783 sales1996: 13,393 sales1997: 15,644 sales1998: 14,236 sales1999: 17,122 sales2000: 14,670 sales2001: 16,105 sales2002: 16,564 sales2003: 15,038 sales2004: 15,397 sales2005: 13,231 sales2006: 16,802 sales2007: 15,932 sales2008: 7,965 sales2009: 8,558 sales2010: 9,223 sales2011: 8,930 sales2012: 8,968 sales2013: 10,852 sales2014: 13,181 sales2015: 13,712 sales2016: 13,308 sales2017: 12,683 sales2018: 12,581 sales2019: 12,395 sales2020: 11,311 sales2021: 16,609 sales2022: 13,997 sales2023: 10,808 sales2024: 11,558 sales2025: 11,821 sales2026: 2,475 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

2,5005,000 June 2021 · 2,958 sales registeredJuly 2021 · 523 sales registeredAugust 2021 · 1,012 sales registeredSeptember 2021 · 1,886 sales registeredOctober 2021 · 734 sales registeredNovember 2021 · 952 sales registeredDecember 2021 · 1,104 sales registeredJanuary 2022 · 904 sales registeredFebruary 2022 · 1,004 sales registeredMarch 2022 · 1,244 sales registeredApril 2022 · 1,066 sales registeredMay 2022 · 1,104 sales registeredJune 2022 · 1,174 sales registeredJuly 2022 · 1,203 sales registeredAugust 2022 · 1,342 sales registeredSeptember 2022 · 1,271 sales registeredOctober 2022 · 1,205 sales registeredNovember 2022 · 1,266 sales registeredDecember 2022 · 1,214 sales registeredJanuary 2023 · 817 sales registeredFebruary 2023 · 710 sales registeredMarch 2023 · 1,018 sales registeredApril 2023 · 710 sales registeredMay 2023 · 816 sales registeredJune 2023 · 1,042 sales registeredJuly 2023 · 938 sales registeredAugust 2023 · 995 sales registeredSeptember 2023 · 967 sales registeredOctober 2023 · 911 sales registeredNovember 2023 · 975 sales registeredDecember 2023 · 909 sales registeredJanuary 2024 · 658 sales registeredFebruary 2024 · 733 sales registeredMarch 2024 · 901 sales registeredApril 2024 · 820 sales registeredMay 2024 · 974 sales registeredJune 2024 · 859 sales registeredJuly 2024 · 1,097 sales registeredAugust 2024 · 1,052 sales registeredSeptember 2024 · 964 sales registeredOctober 2024 · 1,274 sales registeredNovember 2024 · 1,167 sales registeredDecember 2024 · 1,059 sales registeredJanuary 2025 · 870 sales registeredFebruary 2025 · 1,000 sales registeredMarch 2025 · 2,140 sales registeredApril 2025 · 474 sales registeredMay 2025 · 810 sales registeredJune 2025 · 927 sales registeredJuly 2025 · 1,098 sales registeredAugust 2025 · 1,042 sales registeredSeptember 2025 · 830 sales registeredOctober 2025 · 977 sales registeredNovember 2025 · 868 sales registeredDecember 2025 · 785 sales registeredJanuary 2026 · 537 sales registeredFebruary 2026 · 555 sales registeredMarch 2026 · 645 sales registeredApril 2026 · 500 sales registeredMay 2026 · 238 sales registered

CM recorded 9,002 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 15,467 sales a year before the financial crisis and 10,132 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around CM

CM falls under Brentwood, the local authority covering most of the CM area (parts fall under Harlow and Chelmsford, where rents differ), where the ONS puts the average private rent at £1,613 a month (May 2026 figures). A one-bed averages £1,102 a month here and a four-or-more-bed £2,402, so size does most of the work in setting the rent.

Average monthly rent by size, Brentwood

ONS Price Index of Private Rents, May 2026.

1 bed: £1,102 a month£1,1021 bed2 bed: £1,393 a month£1,3932 bed3 bed: £1,709 a month£1,7093 bed4+ bed: £2,402 a month£2,4024+ bed

Set against the £390,000 median sold price, £1,613 a month is £19,356 a year, a gross yield of 5.0%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will CM prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 3% over five years in cash but down 17% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

The spread across the CM area is the point: the same five years treated these districts very differently.

Five-year change in the median, CM area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

CM4CM4 · +16% over five years · median £749,500+16%CM18CM18 · +16% over five years · median £325,000+16%CM20CM20 · +14% over five years · median £322,500+14%CM77CM77 · +14% over five years · median £440,000+14%CM19CM19 · +13% over five years · median £340,000+13%CM24CM24 · −1% over five years · median £395,000−1%CM15CM15 · −2% over five years · median £493,800−2%CM0CM0 · −5% over five years · median £325,000−5%CM16CM16 · −6% over five years · median £535,000−6%CM12CM12 · −7% over five years · median £443,000−7%

District by district

The area medians above hide a lot. Here is every CM district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
CM4 Blackmore, Fryerning£749,500+16%33
CM16 Epping, Theydon Bois£535,000-6%61
CM13 Brentwood, East Horndon£530,000+13%67
CM5 Chipping Ongar, High Ongar£507,500+4%34
CM15 Brentwood, Doddinghurst£493,800-2%80
CM22 Bishop's Stortford, Sheering£475,000+0%38
CM11 Billericay (East), Great Burstead£455,000+0%55
CM12 Billericay (West), Little Burstead£443,000-7%95
CM77 Braintree, Great Notley£440,000+14%58
CM6 Great Dunmow, Felsted£435,000+2%111
CM21 Sawbridgeworth£427,000+8%41
CM23 Bishop's Stortford, Thorley£425,000+2%161
CM3 Hatfield Peverel, South Woodham Ferrers£410,000-1%194
CM24 Stansted Mountfitchet, Stansted Airport£395,000-1%39
CM14 Brentwood, Warley£385,000+0%86
CM17 Harlow, Old Harlow£385,000+0%121
CM1 Chelmsford, Writtle£375,000+4%235
CM2 Chelmsford£370,000+6%239
CM9 Maldon, Tollesbury£362,500+5%113
CM19 Harlow, Roydon£340,000+13%39
CM0£325,000-5%76
CM18 Harlow£325,000+16%82
CM20 Harlow, Gilston£322,500+14%70
CM7 Braintree, Finchingfield£308,200+4%212
CM8 Witham£300,000+2%135

Dig further

See every individual CM sale on the live map, mapped to the exact address, or the quick-reference CM price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.