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Postcode Overview
of CM1 2GQ
CM1 2GQ is a residential postcode located on Foremans, Chelmsford, CM1. It is the 678th largest postcode in the CM1 area.
It contains 14 residential addresses consisting of 12 houses and 2 flats and the most common type of property is a modern house built after 1980.
Average property prices
in CM1 2GQ
The average house value is £320,943. Sales values have decreased in the last 12 months by 1.3% and Rental values have increased by 4.7%.
Property sale values range from £204,230 for a leasehold flat, with 2 bedrooms split across 667 square feet of gross internal area and has no outside space to £455,249 for a freehold house, with 3 bedrooms split across 786 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM1 2GQ is £407/ft2.
Properties achieve a rental yield of between 4.4% and 6.8%, and rental values range from £1,164 to £1,794 per month.
Recent sales
within CM1 2GQ
The last sale was 16 Feb 2024 for £320,000 and since then the market in the area as increased by 0.5%. The postcode has had a total of 4 sales since 1995.
CM1 2GQ has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to CM1 2GQ
CM1 2GQ is the 678th largest and the 544th most expensive postcode out of the 1,507 postcodes in the CM1 area.
Property types
in CM1 2GQ
CM1 2GQ is a residential postcode located on Foremans, Chelmsford, CM1 with 12 houses and 2 flats within its bounds.
The most common property type in CM1 2GQ is a modern house built after 1980.
Energy Efficiency
of properties within CM1 2GQ
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to CM1 2GQ
Public transport nearby
to CM1 2GQ
The closest station to CM1 2GQ is Chelmsford station which is 1.5 km away.
