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Postcode Overview
of CM2 7LL
CM2 7LL is a residential postcode located on Meadgate Avenue, Chelmsford, CM2. It is the 968th largest postcode in the CM2 area.
It contains 33 residential addresses consisting of 10 houses, 11 flats and 12 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in CM2 7LL
The average house value is £208,589. Sales values have decreased in the last 12 months by 1.0% and Rental values have increased by 5.3%.
Property sale values range from £157,283 for a leasehold flat, with 2 bedrooms split across 602 square feet of gross internal area and has no outside space to £364,001 for a freehold house, with 4 bedrooms split across 1,152 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM2 7LL is £316/ft2.
Properties achieve a rental yield of between 5.5% and 7%, and rental values range from £914 to £1,659 per month.
Recent sales
within CM2 7LL
The last sale was 14 Sep 2021 for £305,000 and since then the market in the area has decreased by -0.6%. The postcode has had a total of 4 sales since 1995.
CM2 7LL has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to CM2 7LL
CM2 7LL is the 968th largest and the 89th most expensive postcode out of the 1,260 postcodes in the CM2 area.
Nearby postcodes
to CM2 7LL
CM2 7LL is the 968th largest and the 89th most expensive postcode out of the 1,260 postcodes in the CM2 area.
Property types
in CM2 7LL
CM2 7LL is a residential postcode located on Meadgate Avenue, Chelmsford, CM2 with 10 houses, 11 flats and 12 unknown within its bounds.
The most common property type in CM2 7LL is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within CM2 7LL
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to CM2 7LL
Public transport nearby
to CM2 7LL
The closest station to CM2 7LL is Chelmsford station which is 2.2 kilometres away.
