# CM3 5RX Area Summary
The CM3 5RX postcode covers an area in South Woodham Ferrers, a town in the Chelmsford district of Essex. With 81 properties recorded at an average price of £87,675, this figure suggests a predominance of leasehold flats or retirement properties in the dataset, as this price point sits well below the typical South Woodham Ferrers average for standard freehold homes. This postcode likely captures specific housing developments, potentially including purpose-built retirement complexes or apartment blocks which commonly feature lower average values due to leasehold arrangements and service charges.
South Woodham Ferrers is an established residential town located approximately 40 miles from London, offering a more affordable alternative to central Chelmsford whilst maintaining good transport links via nearby railway stations. The notably low average price in this particular postcode area makes it potentially attractive for first-time buyers seeking flats, downsizers, or retirement property purchasers. The area benefits from local amenities, schools, and community facilities typical of a planned town development, though buyers should be mindful that properties at this price point may come with associated leasehold costs and age restrictions in the case of retirement housing.
The average house price in CM3 5RX, Chelmsford is £87,675. Prices range from £26,000 to £210,000.
There are 81 properties in CM3 5RX, Chelmsford.
CM3 5RX contains 76 flat / maisonette properties, 3 semi-detached properties, 2 detached properties.
Average house prices in CM3 5RX have risen by 420.8% from £35,844 in 1995 to £186,667 in 2024.
CM3 5RX is located in Chelmsford, Essex, England.