Average asking price
£375k
UK avg £340k
Postcode district in Chelmsford, part of the CM postcode area
Likely student area · 1.3km from Anglia Ruskin University
CM1 has a gross rental yield of 4.3%, 6% below the UK average, ranking #9 of 25 CM postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | £110k | £712 | — | 1 / 4 |
| 1 | £220k | £1,100 | 6.0% | 81 / 49 |
| 2 | £270k | £1,500 | 6.7% | 143 / 37 |
| 3 | £450k | £1,725 | 4.6% | 99 / 11 |
| 4 | £650k | £2,250 | 4.2% | 85 / 8 |
| 5+ | £850k | £2,425 | — | 43 / 2 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| CM18 | £315k | £1,700 | 6.5% | Compare |
| CM20 | £280k | £1,375 | 5.9% | Compare |
| CM11 | £575k | £2,800 | 5.8% | Compare |
| CM14 | £400k | £1,675 | 5.0% | Compare |
| CM7 | £325k | £1,350 | 5.0% | Compare |
| CM17 | £450k | £1,850 | 4.9% | Compare |
| CM5 | £575k | £2,350 | 4.9% | Compare |
| CM21 | £440k | £1,650 | 4.5% | Compare |
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