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CM1

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New builds in CM1: what they really sell for.

In the 12 months to September 2026, 24 new-build homes sold in CM1 (Chelmsford), 3% of all sales, according to HM Land Registry. New detached homes sold for a median £639,995, 8.7% more than existing ones.

Chelmsford, covering Bicknacre and East and West Hanningfield, Boreham and The Leighs, Broomfield and The Walthams, Chelmer Village and Beaulieu Park, Chelmsford Rural West, High Easter & the Rodings, Marconi, Moulsham and Central.

New homes sold

24

3% of sales, last 12 months

New-build premium

+8.7%

Detached homes

Resold, vs market

+8.0%

Market +10.9%

Energy bills

~£595/yr

0% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Waterloo LaneCM1 1BD · flat · 16 sold · latest Dec 2025
£248k–£400k£4,708/m²
Banham Drive, Chelmsford GardenCM1 6HA · detached, semi-detached · 15 sold · latest Dec 2025
£447k–£822k£5,781/m²
Berry LinkCM1 6PF · detached, semi-detached · 12 sold · latest Dec 2025
£470k–£870k£4,376/m²
Victoria RoadCM1 1UW · flat · 11 sold · latest Nov 2025
£195k–£290k
Smith Crescent, Chelmsford GardenCM1 6LF · detached, semi-detached, terraced · 10 sold · latest Oct 2025
£465k–£685k£5,935/m²
George Heard Crescent, Chelmsford GardenCM1 6ES · flat · 8 sold · latest Oct 2025
£73k–£144k£1,538/m²
Arthur Juniper Close, SpringfieldCM1 6LG · detached, semi-detached · 3 sold · latest Sept 2025
£429k–£530k£6,092/m²
Ernest Miller Court, Chelmsford GardenCM1 6HE · flat · 17 sold · latest Aug 2025
£243k–£330k£4,583/m²
Frederick Gosling Close, Chelmsford GardenCM1 6NT · detached · 7 sold · latest Jul 2025
£390k–£880k£4,915/m²
Banham Drive, SpringfieldCM1 6HA · detached, semi-detached, flat · 15 sold · latest Jun 2025
£335k–£810k£5,728/m²
Louis Faiers Crescent, Chelmsford GardenCM1 6EY · detached · 3 sold · latest Mar 2025
£650k–£660k£4,392/m²
Stanley Wilks Crescent, Chelmsford GardenCM1 6NS · detached · 5 sold · latest Mar 2025
£490k–£720k£5,039/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+8.7%

New £640k · existing £589k

70 new-build sales

Semi-detached

+4.6%

New £450k · existing £430k

35 new-build sales

Terraced

+77.0%

New £655k · existing £370k

8 new-build sales

Flat

+22.9%

New £273k · existing £222k

66 new-build sales

Resale

Do new builds in CM1 hold their value?

Bought new, resold

+8.0%

Local market, same years

+10.9%

Kept pace

101 of 327

Typically held 4.3 years

Homes in CM1 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£595/yr

Typical 86 m² home

Typical rating

EPC B

Solar panels

0%

of homes

Heat pumps

0%

of homes

From the energy certificates of 74 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in CM1?

Over the last two years, new detached homes in CM1 sold for a median £639,995 against £588,750 for existing ones, a difference of +8.7%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in CM1 hold their value?

327 homes in CM1 bought new and later resold changed by a median +8.0%, typically after 4.3 years. The local market moved +10.9% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in CM1?

Recent new-build sales recorded by Land Registry in CM1 include Waterloo Lane, Banham Drive, Chelmsford Garden, Berry Link, Victoria Road, Smith Crescent, Chelmsford Garden. New streets appear once the first homes complete.

How do I know if a new build in CM1 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers