2.9% Below average
Rental Yield in CM3 — CHELMSFORD
Rent data based on Chelmsford local authority median. Our methodology
Below average ↓ below East of England average (3.3%)
· ↓ below England average (3.6%)
£450,000
Median Price
£1,100
Monthly Rent
2.9%
Gross Yield
2,224
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £572,122 | 1,106 |
| Semi-detached | £395,000 | 536 |
| Terraced | £320,000 | 314 |
| Flat | £187,500 | 180 |
| Other | £455,000 | 88 |
Compare Nearby Postcodes
Compare CM3 side by side →CM3 is part of Chelmsford. View all postcode districts in Chelmsford.
Frequently Asked Questions
What is the rental yield in CM3?
CM3 has a gross rental yield of 2.9%. The median property price is £450,000 with typical monthly rents of £1,100, based on Land Registry and VOA data.
Is CM3 a good area for buy-to-let?
CM3 yields 2.9%, below the England average of 3.6%. The area may offer stronger capital growth. Compare with other postcodes in Chelmsford for alternatives.
What is the median property price in CM3?
The median property price in CM3 is £450,000, based on 2,224 Land Registry transactions over 3 years. This compares to £372,500 across Chelmsford as a whole.
Data updated quarterly · Last update: Q1 2026