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 4.6%, 3% above the UK average, ranking #10 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 | £200 | — | 1 / 1 |
| 1 | £200k | £1,200 | 7.2% | 77 / 33 |
| 2 | £275k | £1,595 | 7.0% | 161 / 37 |
| 3 | £450k | £1,650 | 4.4% | 113 / 9 |
| 4 | £625k | £2,000 | — | 93 / 3 |
| 5+ | £900k | £2,400 | — | 47 / 1 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| CM18 | £325k | £1,700 | 6.3% | Compare |
| CM20 | £300k | £1,450 | 5.8% | Compare |
| CM17 | £425k | £1,850 | 5.2% | Compare |
| CM0 | £375k | £1,575 | 5.0% | Compare |
| CM7 | £350k | £1,450 | 5.0% | Compare |
| CM19 | £425k | £1,750 | 4.9% | Compare |
| CM24 | £472k | £1,900 | 4.8% | Compare |
| CM5 | £600k | £2,400 | 4.8% | Compare |