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Postcode Overview
of CM2 7RP
CM2 7RP is a residential postcode located on Mayes Lane, Sandon, Chelmsford, CM2. It is the 429th largest postcode in the CM2 area.
It contains 12 residential addresses consisting of 11 houses and 1 flat and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in CM2 7RP
The average house value is £862,221. Sales values have decreased in the last 12 months by 1.1% and Rental values have increased by 5.1%.
Property sale values range from £483,356 for a leasehold flat, with 3 bedrooms split across 1,324 square feet of gross internal area and has no outside space to £1,165,883 for a freehold house, with 5 bedrooms split across 3,057 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM2 7RP is £455/ft2.
Properties achieve a rental yield of between 3.5% and 5.1%, and rental values range from £2,042 to £3,516 per month.
Recent sales
within CM2 7RP
The last sale was 15 Feb 2024 for £740,000 and since then the market in the area as increased by 1.1%. The postcode has had a total of 4 sales since 1995.
CM2 7RP has seen 2 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to CM2 7RP
CM2 7RP is the 429th largest and the 1209th most expensive postcode out of the 1,260 postcodes in the CM2 area.
Property types
in CM2 7RP
CM2 7RP is a residential postcode located on Mayes Lane, Sandon, Chelmsford, CM2 with 11 houses and 1 flat within its bounds.
The most common property type in CM2 7RP is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within CM2 7RP
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
Schools nearby
to CM2 7RP
Public transport nearby
to CM2 7RP
The closest station to CM2 7RP is Beaulieu Park station which is 5.3 km away.
