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Postcode Overview
of CM2 7TE
CM2 7TE is a residential postcode located on Southend Road, Howe Green, Chelmsford, CM2. It is the 1070th largest postcode in the CM2 area.
It contains 40 houses and the most common type of property is a modern house built after 1980.
Average property prices
in CM2 7TE
The average house value is £630,984. Sales values have decreased in the last 12 months by 1.0% and Rental values have increased by 5.1%.
Property sale values range from £464,903 for a freehold house, with 3 bedrooms split across 896 square feet of gross internal area and has a garden to £1,240,660 for a freehold house, with 5 bedrooms split across 4,628 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM2 7TE is £433/ft2.
Properties achieve a rental yield of between 3.7% and 4.3%, and rental values range from £1,662 to £4,075 per month.
Recent sales
within CM2 7TE
The last sale was 21 Jul 2022 for £680,000 and since then the market in the area as increased by -6.2%. The postcode has had a total of 4 sales since 1995.
CM2 7TE has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to CM2 7TE
CM2 7TE is the 1070th largest and the 1098th most expensive postcode out of the 1,260 postcodes in the CM2 area.
Property types
in CM2 7TE
CM2 7TE is a residential postcode located on Southend Road, Howe Green, Chelmsford, CM2 with 40 houses within its bounds.
The most common property type in CM2 7TE is a modern house built after 1980.
Energy Efficiency
of properties within CM2 7TE
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to CM2 7TE
Public transport nearby
to CM2 7TE
The closest station to CM2 7TE is Chelmsford station which is 5.9 km away.
