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Postcode Overview
of CM2 8QZ
CM2 8QZ is a residential postcode located on Well Lane, Galleywood, Chelmsford, CM2. It is the 1250th largest postcode in the CM2 area.
It contains 73 residential addresses consisting of 72 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 8QZ
The average house value is £462,347. 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 £264,265 for a leasehold flat, with 2 bedrooms split across 689 square feet of gross internal area and has no outside space to £855,343 for a freehold house, with 5 bedrooms split across 2,616 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM2 8QZ is £497/ft2.
Properties achieve a rental yield of between 4% and 5.7%, and rental values range from £1,263 to £2,937 per month.
Recent sales
within CM2 8QZ
The last sale was 08 Mar 2024 for £520,000 and since then the market in the area as increased by 0.6%. The postcode has had a total of 4 sales since 1995.
CM2 8QZ has seen 4 sales in the last three years and 2 sales in the last twelve months.
Nearby postcodes
to CM2 8QZ
CM2 8QZ is the 1250th largest and the 849th most expensive postcode out of the 1,260 postcodes in the CM2 area.
Property types
in CM2 8QZ
CM2 8QZ is a residential postcode located on Well Lane, Galleywood, Chelmsford, CM2 with 72 houses and 1 flat within its bounds.
The most common property type in CM2 8QZ is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within CM2 8QZ
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to CM2 8QZ
Public transport nearby
to CM2 8QZ
The closest station to CM2 8QZ is Chelmsford station which is 4.4 km away.
