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CM1 local market report Chelmsford

Every figure on this page comes from the public record: 36,819 sales registered with HM Land Registry in CM1 (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.

CM1 is the postcode district covering Chelmsford, Writtle in Chelmsford. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where CM1 sits

Click the map to open CM1 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

CM4CM6CM12CM11CM15CM3CM5CM77SS11CM14CM8CM22CM17CM24RM4CM23CM21CM16CM1
£375,000median sold price, 2026
+4%five-year change (cash)
848sales in the last 12 months
4.6%gross rental yield (est.)

What a home in CM1 sells for

The 2026 median in CM1 is £375,000, from 235 registered sales; the mean, £413,700, 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 CM1 trades 37% above the country as a whole.

The price of a typical CM1 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: £57,400 at the time · £121,865 in today's money · 915 sales1996: £59,000 at the time · £121,522 in today's money · 1,171 sales1997: £65,000 at the time · £130,189 in today's money · 1,214 sales1998: £70,000 at the time · £138,000 in today's money · 1,076 sales1999: £82,000 at the time · £159,605 in today's money · 1,363 sales2000: £97,000 at the time · £185,917 in today's money · 1,377 sales2001: £114,500 at the time · £214,980 in today's money · 1,397 sales2002: £135,300 at the time · £248,621 in today's money · 1,488 sales2003: £156,200 at the time · £281,038 in today's money · 1,452 sales2004: £177,000 at the time · £313,959 in today's money · 1,292 sales2005: £181,000 at the time · £314,584 in today's money · 1,145 sales2006: £190,000 at the time · £322,113 in today's money · 1,465 sales2007: £210,200 at the time · £348,230 in today's money · 1,459 sales2008: £200,000 at the time · £320,186 in today's money · 736 sales2009: £194,500 at the time · £305,358 in today's money · 743 sales2010: £206,500 at the time · £316,282 in today's money · 824 sales2011: £210,000 at the time · £309,615 in today's money · 823 sales2012: £217,000 at the time · £311,938 in today's money · 779 sales2013: £225,000 at the time · £316,191 in today's money · 926 sales2014: £242,500 at the time · £335,994 in today's money · 1,143 sales2015: £265,500 at the time · £366,390 in today's money · 1,332 sales2016: £300,000 at the time · £409,901 in today's money · 1,377 sales2017: £320,000 at the time · £426,255 in today's money · 1,325 sales2018: £340,000 at the time · £442,642 in today's money · 1,168 sales2019: £345,000 at the time · £441,651 in today's money · 1,209 sales2020: £360,000 at the time · £456,198 in today's money · 1,017 sales2021: £360,200 at the time · £445,409 in today's money · 1,507 sales2022: £385,000 at the time · £440,913 in today's money · 1,462 sales2023: £370,000 at the time · £397,045 in today's money · 1,132 sales2024: £370,000 at the time · £384,199 in today's money · 1,151 sales2025: £386,500 at the time · £386,500 in today's money · 1,116 sales2026: £375,000 at the time · £375,000 in today's money · 235 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£375,000£375,000235
2025£386,500£386,5001,116
2024£370,000£384,1991,151
2023£370,000£397,0451,132
2022£385,000£440,9131,462
2021£360,200£445,4091,507
2020£360,000£456,1981,017
2019£345,000£441,6511,209
2018£340,000£442,6421,168
2017£320,000£426,2551,325
2016£300,000£409,9011,377
2015£265,500£366,3901,332
2014£242,500£335,9941,143
2013£225,000£316,191926
2012£217,000£311,938779
2011£210,000£309,615823
2010£206,500£316,282824
2009£194,500£305,358743
2008£200,000£320,186736
2007£210,200£348,2301,459
2006£190,000£322,1131,465
2005£181,000£314,5841,145
2004£177,000£313,9591,292
2003£156,200£281,0381,452
2002£135,300£248,6211,488
2001£114,500£214,9801,397
2000£97,000£185,9171,377
1999£82,000£159,6051,363
1998£70,000£138,0001,076
1997£65,000£130,1891,214
1996£59,000£121,5221,171
1995£57,400£121,865915

In cash terms the typical CM1 home went from £57,400 in 1995 to £375,000 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 208%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2020; the current median sits about 18% below that. Someone who bought at the 2020 peak has not yet seen that price back in real terms.

Year-on-year change in the CM1 median

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

+20% -20% 0% 1996 · +2.8% on the year before1997 · +10.2% on the year before1998 · +7.7% on the year before1999 · +17.1% on the year before2000 · +18.3% on the year before2001 · +18.0% on the year before2002 · +18.2% on the year before2003 · +15.4% on the year before2004 · +13.3% on the year before2005 · +2.3% on the year before2006 · +5.0% on the year before2007 · +10.6% on the year before2008 · −4.9% on the year before2009 · −2.8% on the year before2010 · +6.2% on the year before2011 · +1.7% on the year before2012 · +3.3% on the year before2013 · +3.7% on the year before2014 · +7.8% on the year before2015 · +9.5% on the year before2016 · +13.0% on the year before2017 · +6.7% on the year before2018 · +6.3% on the year before2019 · +1.5% on the year before2020 · +4.3% on the year before2021 · +0.1% on the year before2022 · +6.9% on the year before2023 · −3.9% on the year before2024 · +0.0% on the year before2025 · +4.5% on the year before2026 · −3.0% on the year before200020052010201520202026

The strongest year on record here is 2000 (+18.3% on the year before); the weakest, 2008 (−4.9%). 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)−3.0%−3.0%
5 years (since 2021)+0.8%−3.4%
10 years (since 2016)+2.3%−0.9%
20 years (since 2006)+3.5%+0.8%

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.

1,0002,000 1995: 915 sales1996: 1,171 sales1997: 1,214 sales1998: 1,076 sales1999: 1,363 sales2000: 1,377 sales2001: 1,397 sales2002: 1,488 sales2003: 1,452 sales2004: 1,292 sales2005: 1,145 sales2006: 1,465 sales2007: 1,459 sales2008: 736 sales2009: 743 sales2010: 824 sales2011: 823 sales2012: 779 sales2013: 926 sales2014: 1,143 sales2015: 1,332 sales2016: 1,377 sales2017: 1,325 sales2018: 1,168 sales2019: 1,209 sales2020: 1,017 sales2021: 1,507 sales2022: 1,462 sales2023: 1,132 sales2024: 1,151 sales2025: 1,116 sales2026: 235 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.

125250 June 2021 · 245 sales registeredJuly 2021 · 48 sales registeredAugust 2021 · 91 sales registeredSeptember 2021 · 185 sales registeredOctober 2021 · 63 sales registeredNovember 2021 · 110 sales registeredDecember 2021 · 87 sales registeredJanuary 2022 · 95 sales registeredFebruary 2022 · 107 sales registeredMarch 2022 · 149 sales registeredApril 2022 · 108 sales registeredMay 2022 · 104 sales registeredJune 2022 · 158 sales registeredJuly 2022 · 130 sales registeredAugust 2022 · 135 sales registeredSeptember 2022 · 130 sales registeredOctober 2022 · 108 sales registeredNovember 2022 · 110 sales registeredDecember 2022 · 128 sales registeredJanuary 2023 · 85 sales registeredFebruary 2023 · 84 sales registeredMarch 2023 · 105 sales registeredApril 2023 · 55 sales registeredMay 2023 · 50 sales registeredJune 2023 · 176 sales registeredJuly 2023 · 84 sales registeredAugust 2023 · 76 sales registeredSeptember 2023 · 86 sales registeredOctober 2023 · 101 sales registeredNovember 2023 · 113 sales registeredDecember 2023 · 117 sales registeredJanuary 2024 · 67 sales registeredFebruary 2024 · 78 sales registeredMarch 2024 · 88 sales registeredApril 2024 · 66 sales registeredMay 2024 · 115 sales registeredJune 2024 · 73 sales registeredJuly 2024 · 153 sales registeredAugust 2024 · 95 sales registeredSeptember 2024 · 80 sales registeredOctober 2024 · 122 sales registeredNovember 2024 · 105 sales registeredDecember 2024 · 109 sales registeredJanuary 2025 · 86 sales registeredFebruary 2025 · 102 sales registeredMarch 2025 · 180 sales registeredApril 2025 · 42 sales registeredMay 2025 · 93 sales registeredJune 2025 · 97 sales registeredJuly 2025 · 86 sales registeredAugust 2025 · 97 sales registeredSeptember 2025 · 81 sales registeredOctober 2025 · 91 sales registeredNovember 2025 · 77 sales registeredDecember 2025 · 84 sales registeredJanuary 2026 · 53 sales registeredFebruary 2026 · 56 sales registeredMarch 2026 · 55 sales registeredApril 2026 · 52 sales registeredMay 2026 · 19 sales registered

CM1 recorded 848 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 1,384 sales a year before the financial crisis and 1,019 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 CM1

CM1 falls under Chelmsford, where the ONS puts the average private rent at £1,445 a month (May 2026 figures). A one-bed averages £1,063 a month here and a four-or-more-bed £2,233, so size does most of the work in setting the rent.

Average monthly rent by size, Chelmsford

ONS Price Index of Private Rents, May 2026.

1 bed: £1,063 a month£1,0631 bed2 bed: £1,297 a month£1,2972 bed3 bed: £1,548 a month£1,5483 bed4+ bed: £2,233 a month£2,2334+ bed

Set against the £375,000 median sold price, £1,445 a month is £17,340 a year, a gross yield of 4.6%: 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 CM1 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 4% over five years in cash but down 16% 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

CM1 ranks 12 of 25 in the CM area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.

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%CM1CM1 · +4% over five years · median £375,000+4%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%

Inside CM1, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
CM1 1£280,00035
CM1 2£364,00050
CM1 3£505,50018
CM1 4£430,00053
CM1 6£357,50056
CM1 7£425,00023

How CM1 compares nearby

Same city, different markets. The neighbouring districts of the CM area, dearest first:

DistrictMedian5-year
CM4£749,500+16%
CM16£535,000-6%
CM13£530,000+13%
CM5£507,500+4%
CM15£493,800-2%
CM22£475,000+0%
CM11£455,000+0%
CM12£443,000-7%
CM77£440,000+14%
CM6£435,000+2%
CM21£427,000+8%
CM23£425,000+2%
CM3£410,000-1%
CM24£395,000-1%
CM14£385,000+0%
CM17£385,000+0%
CM1 (this report)£375,000+4%
CM2£370,000+6%
CM9£362,500+5%
CM19£340,000+13%
CM0£325,000-5%
CM18£325,000+16%
CM20£322,500+14%
CM7£308,200+4%

Dig further

See every individual CM1 sale on the live map, mapped to the exact address, or the quick-reference CM1 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.