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The CM3 Postcode: Residential Housing Data, Amenities, Demographics and Local Information.
Learn about the CM3 postcode district in Chelmsford. Residential house prices, housing market data, demographics and local insights. This information is intended to help homeowners, property investors, landlords and market researchers better understand the Chelmsford CM3 postcode area.
by property xyz
The data on this page has been curated by the property xyz research team, who have been studying the UK’s residential property market and private rented sector for well over a decade.
Housing Market Data for CM3
Data on the housing market and private rented sector in this area. We look at house prices, rents, rental yield and market activity. Information is updated regularly to show the most recent figures.
Last updated 16/04/2024.
Total Properties for Sale
755
Average Sales Per Month
34
Average Asking Price
£498,807
Average Price per Sq. Ft.
£407
Average Gross Rental Yield (Long Let)
4.8%
Sales Turnover per Month
5.0%
Number of Days on the Market For Sale
608
Months of For Sale Inventory Available
20.0
Buyer Demand Rating
Buyer's market
Total Properties for Rent
56
Average Weekly Rent (Long Let)
£458
Total Properties Let Agreed per Month
48
Number of Days on the Market To Let
36
Rental Property Turnover per Month
85%
Months of To Let Inventory Available
1.2
Rental Demand Rating
Landlord's market
House Price Growth in Postcode CM3
House price data are the average prices that houses sold for in the area, in a particular month, in the given year.
| Date | Average Price | Difference |
|---|---|---|
| Apr 2019 | £377,692 |
N/A
|
| Apr 2020 | £383,503 |
1.54
|
| Apr 2021 | £420,014 |
9.52
|
| Apr 2022 | £422,593 |
0.61
|
| Apr 2023 | £453,424 |
7.3
|
| Apr 2024 | £432,944 |
-4.52
|