Typical 3-bedroom house£431kmost £378k–£497k
Houses per m²£4,874flats £4,102
Sold last year4723,426 in five years
Prices in Chelmsford-2.3%on a year ago
A typical 3-bedroom house in CM1 sold for £430,505 over the last five years, in today's money; most went for between £377,677 and £497,059, for about 89 m² of space. That is about the same as the same home across Chelmsford (£429,000).
472 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £168k for one bedroom. Within the district, houses cost the least per m² in CM1 2 (£4,697) and the most in CM1 1 (£5,116).
Across Chelmsford, prices are down 2.3% on a year ago and up 12.2% over five years. Renting a similar home there costs about £1,543 a month; a 90% mortgage on the typical price would be around £1,963 a month at 4.5% over 30 years. Lenders would typically want a household income of about £86,000 for that mortgage: what £90,000 buys.
Questions about CM1
Is CM1 a good area to buy a home?
What the numbers say: a 3-bedroom house costs about the same as across Chelmsford; prices in Chelmsford are down 2.3% on a year ago; the best state primary nearby is above the England average (77% against 64%); the best secondary is above it (77.7% against 43.8%); 472 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.
How much is a 3-bedroom house in CM1?
A typical 3-bedroom house in CM1 sold for £430,505 over the last five years, in today's money. Most sold between £377,677 and £497,059.
Is CM1 expensive for Chelmsford?
A 3-bedroom house in CM1 costs about the same as the typical 3-bedroom house across Chelmsford (£429,000).
How many homes sell in CM1 each year?
472 homes sold in the last year and 3,426 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.
What are the schools like near CM1?
The best-performing state primary within 2 km is Westlands Community Primary School, where 77% of pupils met the expected standard at age 11 (England: 64%).
Where is cheaper near CM1?
For a 3-bedroom house, CM8 (£347k, 14 km).
Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.