Property trends for CM6

    CM6 covers areas in mid-Essex, north of Chelmsford, including villages and rural communities in the region. It is a mixed residential area with a blend of suburban and countryside character.

    At a Glance

    Average Property Price - CM6

    £498,768

    82

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - CM

    £1,421

    74

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - CM6

    £47,072

    81

    National percentile

    2023 census data

    Flat / Maisonette Yield - CM

    5.9%

    47

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - CM6

    2.3%

    25

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - CM

    4.0%

    54

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — CM6

    Top 5 streets in CM6 ranked by 3-year average sale price.

    #Street3Y Avg
    1Bury Chase£3,000,000
    2Crix Green£1,865,000
    3Merks Hill£1,702,500
    4Rands Road£1,677,500
    5Brook Hill£1,500,000

    Latest Rent — CM6

    Property Price & Volume Trends

    The latest average property price of £516,000 places CM6 among the most expensive nationally. Over the past decade, prices have grown at 3.4% annually, which is close to the national average. Transaction volumes have softened recently, with 456 sales in the latest full year compared to a 10-year average of 557—a decline of around 18%.

    Rent & Yield Trends

    Average monthly rents in the broader CM area stand at £1,413, positioning the postcode in the upper quartile nationally. Rents have grown at 4.2% annually over the past decade, slightly above the national pace. The flat yield has improved to 5.6% from a 10-year average of 4.6%, reflecting a favourable shift in the rent-to-price relationship.

    Income & Affordability Trends

    Average household income of £47,072 is well above the national average, placing the area in the top quintile nationally. Affordability has tightened: the price-to-income ratio has risen from 9.6x in 2016 to 10.7x today, indicating that property prices have outpaced income growth. Rental affordability has also deteriorated, with rent-to-income rising from 27.6% to 31.5% over the same period.

    Resident Demographic Profile

    The population skews older, with those aged 50–64 representing 21.3% against a national average of 19.8%. Mortgage ownership is notably strong at 35.6%, well above the national norm of 27.0%, while outright ownership is also slightly elevated. The employment profile is heavily weighted towards managers (19.2% vs 13.4% nationally), while elementary occupations are significantly underrepresented at 7.1% against the national average of 10.2%.

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