CM1 2PA is a residential postcode located on Maltese Road, Chelmsford, CM1. It is the 1110th largest postcode in the CM1 area.
It contains 32 houses and the most common type of property is a period house built between 1800 and 1911.
The average house value is £535,974. Sales values have decreased in the last 12 months by 1.4% and Rental values have increased by 4.6%.
Property sale values range from £240,256 for a freehold house, with 2 bedrooms split across 291 square feet of gross internal area and has a garden to £1,011,309 for a freehold house, with 5 bedrooms split across 3,337 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM1 2PA is £479/ft2.
Properties achieve a rental yield of between 3.9% and 4.5%, and rental values range from £894 to £3,355 per month.
The last sale was 31 Mar 2023 for £190,000 and since then the market in the area as increased by -3.6%. The postcode has had a total of 4 sales since 1995.
CM1 2PA has seen 4 sales in the last three years and no sales in the last twelve months.
CM1 2PA is the 1110th largest and the 1171st most expensive postcode out of the 1,507 postcodes in the CM1 area.
CM1 2PA is a residential postcode located on Maltese Road, Chelmsford, CM1 with 32 houses within its bounds.
The most common property type in CM1 2PA is a period house built between 1800 and 1911.
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to CM1 2PA is Chelmsford station which is 700 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CM1 2PA, 41.9% of property is privately owned with a mortgage and 32.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CM1 2PA, 20.7% of residents are recorded as possessing school level qualifications and 55.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around CM1 2PA, the average age was 38.2 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CM1 2PA, 0.9% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CM1 2PA, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.