Residential dwellings
25,451
Addressable residential units in the area (OS AddressBase).
CM3 rents and yields
Asking rent £1,595/month · Gross yield 3.3% · 12 months, listings to Sep 2026
What is CM3?
CM3: residential dwellings 25,451.
HMO-shaped dwellings
0.0%
CM3 ranks 3rd of 4 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 24,402
- Mixed-use buildings
- 92%
- HMO-shaped units
- 4.0%
- EPC A or B
- 19%
- EPC D or worse
- 53%
What does CM3 earn?
CM3: asking rent £1,595/month (12 months to Sep 2026, 229 lets).
Asking rent
£1,595/month 12 months to Sep 2026
229 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 229 lets.
Gross yield, asking basis
3.3% 12 months to Sep 2026
302 lets
+7.2% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 302 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
60 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does CM3 vary by home size?
Asking rent in CM3 runs from £936/month for 1 bedroom to £1,318/month for 2 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £936/month | 12 months to Sep 2026 · 8 of 12 months observed | — | 64 |
| 2 bedrooms | £1,318/month | 12 months to Sep 2026 · 11 of 12 months observed | — | 100 |
| 3 bedrooms | Not published | — | — | — |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns CM3?
Corporate landlords hold 81% of the 772 units in CM3 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords81% of classified · 623 units
- Individuals (not traceable in bulk)11% of classified · 84 units
- Housing associations6.9% of classified · 53 units
- RMC1.6% of classified · 12 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does CM3 rank?
CM3 ranks 1st of 4 postcode districts in Chelmsford for asking rent, at £1,595/month.
Asking rent · postcode districts in Chelmsford
CM3 ranks 1st of 4 postcode districts in Chelmsford for asking rent, at £1,595/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | CM3 | £1,595/month | 12 months to Sep 2026 · from monthly figures | 229 | measured |
| 2 | CM1 | £1,480/month | 12 months to Sep 2026 · from monthly figures | 758 | measured |
| 3 | SS11 | £1,414/month | 12 months to Sep 2026 · from monthly figures | 85 | indicative |
| 4 | CM2 | £1,392/month | 12 months to Sep 2026 · from monthly figures | 653 | measured |
Gross yield, asking basis · postcode districts in Chelmsford
CM3 ranks 4th of 4 postcode districts in Chelmsford for gross yield, asking basis, at 3.3%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | CM2 | 5.0% | 12 months to Sep 2026 · from monthly figures | 1,490 | measured |
| 2 | CM1 | 4.6% | 12 months to Sep 2026 · from monthly figures | 1,439 | measured |
| 3 | SS11 | 4.2% | 12 months to Sep 2026 · from monthly figures · 10 of 12 months observed | 105 | measured |
| 4 | CM3 | 3.3% | 12 months to Sep 2026 · from monthly figures | 302 | measured |
Where next from CM3?
- ChelmsfordThe wider market this area sits in.
- CM1Neighbouring postcode district · Asking £4,562/m² · Sep 2026
- CM2Neighbouring postcode district · Asking £4,772/m² · Sep 2026
- SS11Neighbouring postcode district · Asking £4,318/m² · Sep 2026
- CM0Next door, in another authority · Asking £5,257/m² · Sep 2026
- CM11Next door, in another authority · Asking £5,070/m² · Sep 2026
- CM4Next door, in another authority · Asking £6,918/m² · Sep 2026
- CM6Next door, in another authority · Asking £4,646/m² · Sep 2026
- CM77Next door, in another authority · Asking £5,475/m² · Sep 2026
- CM8Next door, in another authority · Asking £4,288/m² · Sep 2026
Questions about CM3
- What is the average rent in CM3?
- Homes to let in CM3 asked a median £1,595/month over the 12 months to Sep 2026, 229 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in CM3?
- 3.3% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 302 lets. +7.2% on the previous 12 months.
- What kind of homes are in CM3?
- CM3 has 25,451 homes, 0.0% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about CM3
- Property values in CM3Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in CM3Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in CM3What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in CM3What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in CM3Registered completions from Price Paid, newest first.
- Planning applications in CM3What was proposed, who decided it and whether it was approved.
- Estate agents in CM3Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 229 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 302 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |