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Postcode Overview
of CM2 8PT
CM2 8PT is a residential postcode located on Watchouse Road, Chelmsford, CM2. It is the 1099th largest postcode in the CM2 area.
It contains 42 houses and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in CM2 8PT
The average house value is £359,453. Sales values have decreased in the last 12 months by 1.5% and Rental values have increased by 4.6%.
Property sale values range from £313,696 for a freehold house, with 3 bedrooms split across 689 square feet of gross internal area and has a garden to £575,033 for a freehold house, with 5 bedrooms split across 2,056 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM2 8PT is £403/ft2.
Properties achieve a rental yield of between 4.4% and 5.7%, and rental values range from £1,477 to £2,402 per month.
Recent sales
within CM2 8PT
The last sale was 03 Apr 2023 for £325,000 and since then the market in the area as increased by -2.1%. The postcode has had a total of 4 sales since 1995.
CM2 8PT has seen 3 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to CM2 8PT
CM2 8PT is the 1099th largest and the 493rd most expensive postcode out of the 1,260 postcodes in the CM2 area.
Property types
in CM2 8PT
CM2 8PT is a residential postcode located on Watchouse Road, Chelmsford, CM2 with 42 houses within its bounds.
The most common property type in CM2 8PT is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within CM2 8PT
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to CM2 8PT
Public transport nearby
to CM2 8PT
The closest station to CM2 8PT is Chelmsford station which is 4.2 km away.
