# CM1 3EW Area Summary
CM1 3EW falls within the Chelmsford district, located in Essex. This postcode area represents a relatively affordable segment of the local property market, with an average property price of £112,593 based on 77 properties. This price point sits considerably below Chelmsford's overall average, suggesting this may be an area characterised by flats, smaller properties, or potentially ex-local authority housing stock, making it an accessible entry point for first-time buyers or investors seeking rental opportunities.
The postcode's positioning in Chelmsford offers residents access to excellent transport links, with Chelmsford station providing direct services to London Liverpool Street in under 40 minutes. The area benefits from the town's strong employment market, good schools, and shopping facilities. Properties at this price level typically attract a mix of young professionals, families seeking affordable accommodation, and buy-to-let investors drawn to Chelmsford's robust rental demand. The pricing structure suggests potential value for those looking to establish themselves in this well-connected Essex town whilst remaining within a modest budget.
The average house price in CM1 3EW, Chelmsford is £112,593. Prices range from £42,000 to £218,000.
There are 77 properties in CM1 3EW, Chelmsford.
CM1 3EW contains 75 flat / maisonette properties, 2 terraced properties.
Average house prices in CM1 3EW have risen by 222.3% from £53,916 in 1995 to £173,750 in 2024.
CM1 3EW is located in Chelmsford, Essex, England.