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Postcode Overview
of CM2 7LN
CM2 7LN is a residential postcode located on Meadgate Avenue, Chelmsford, CM2. It is the 259th largest postcode in the CM2 area.
It contains 5 houses and 2 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in CM2 7LN
The average house value is £363,071. Sales values have decreased in the last 12 months by 1.3% and Rental values have increased by 5.0%.
Property sale values range from £317,730 for a freehold house, with 3 bedrooms split across 807 square feet of gross internal area and has a garden to £398,438 for a freehold house, with 3 bedrooms split across 958 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM2 7LN is £359/ft2.
Properties achieve a rental yield of between 4.9% and 5.7%, and rental values range from £1,514 to £1,747 per month.
Recent sales
within CM2 7LN
The last sale was 23 Dec 2020 for £335,000 and since then the market in the area has increased by 4.3%. The postcode has had a total of 4 sales since 1995.
CM2 7LN has seen no sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to CM2 7LN
CM2 7LN is the 259th largest and the 505th most expensive postcode out of the 1,260 postcodes in the CM2 area.
Nearby postcodes
to CM2 7LN
CM2 7LN is the 259th largest and the 505th most expensive postcode out of the 1,260 postcodes in the CM2 area.
Property types
in CM2 7LN
CM2 7LN is a residential postcode located on Meadgate Avenue, Chelmsford, CM2 with 5 houses and 2 unknown within its bounds.
The most common property type in CM2 7LN is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within CM2 7LN
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 7LN
Public transport nearby
to CM2 7LN
The closest station to CM2 7LN is Chelmsford station which is 2.3 kilometres away.
