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CM1 vs CM2: house prices per square metre compared

CM1 (Springfield) has a median of £4,620 per against £4,570 in CM2 (Great Baddow). CM1 is the more expensive of the two: CM2 is 1.1% cheaper per . The figures come from 619 and 640 matched sales in the last 12 months of HM Land Registry data.

£396,000, the median sale price in CM1, buys about 86 there and about 87 in CM2, a difference of 1 at each district’s own median. Over the 10 years to Q1 2026, CM1 moved +3.0% a year against CM2 at +2.4% a year, before inflation.

Change either district

Sales in the last 12 months.

CM1 compared with CM2
Measure

CM1

High confidence

Springfield, Chelmsford

£4,620median per m²

CM2

High confidence

Great Baddow, Chelmsford

£4,570median per m²

Difference
Median price per m²£4,620£4,570−1.1%
Median sale price£396,000£380,000−4.0%
Middle 60% of salesp20 to p80£3,960–£5,350£3,950–£5,250
Sales (last 12 months)716726+10
With a matched floor areaThe denominator behind each median per unit area619640+21
Mean floor area (matched sales)93 m²88 m²−5.3%
Annual change over 9.8 years+3.0% a year+2.4% a year−0.6 pts
By property typeMedian price per m² for each property type sold in the last 12 months.
Detached£4,770n = 132£4,960n = 112+4.0%
Semi-detached£4,870n = 201£4,630n = 188−4.9%
Terraced£4,610n = 157£4,790n = 191+3.9%
Flat£4,070n = 129£3,980n = 149−2.2%
Difference: CM1 minus CM2.
All CM1 sold prices All CM2 sold prices

Each trend line is that district’s own quarterly median price per square metre, scaled to its own range: compare directions, not heights. Gaps are quarters with too few matched sales to publish a median.

Frequently asked questions

Why compare CM1 and CM2 on price per square metre rather than price?

A raw sale price mostly reflects how big homes are; price per square metre corrects for size, so CM1 and CM2 can be compared on what a buyer actually gets for the money. Both figures here are medians of sold price divided by EPC floor area, from HM Land Registry sales, computed the same way for both areas.

Why do CM1 and CM2 show different numbers of sales?

The two districts are different sizes and trade at different rates, and each figure is computed over the matched sales its own area produced in its stated window. The matched-sale count is printed beside each median because it is that median's own denominator.

Or browse the league tables for the most expensive and best value districts, every comparison page, or the free dataset behind these figures.

Contains HM Land Registry data © Crown copyright and database right 2026 · Licensed under the Open Government Licence v3.0 · Floor areas from the Energy Performance of Buildings Register · how these figures are made