CM2 8RB is a residential postcode located on Grey Ladys, Chelmsford, CM2. It is the 394th largest postcode in the CM2 area.
It contains 11 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £587,682. Sales values have decreased in the last 12 months by 0.9% and Rental values have increased by 5.3%.
Property sale values range from £501,984 for a freehold house, with 3 bedrooms split across 983 square feet of gross internal area and has a garden to £776,059 for a freehold house, with 5 bedrooms split across 2,054 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM2 8RB is £459/ft2.
Properties achieve a rental yield of between 3.8% and 4.2%, and rental values range from £1,763 to £2,545 per month.
The last sale was 18 Jul 2024 for £575,000 and since then the market in the area as increased by -0.1%. The postcode has had a total of 4 sales since 1995.
CM2 8RB has seen 3 sales in the last three years and 2 sales in the last twelve months.
CM2 8RB is the 394th largest and the 1056th most expensive postcode out of the 1,260 postcodes in the CM2 area.
CM2 8RB is a residential postcode located on Grey Ladys, Chelmsford, CM2 with 11 houses within its bounds.
The most common property type in CM2 8RB is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to CM2 8RB is Chelmsford station which is 4.1 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CM2 8RB, 42.3% of property is socially rented and 30.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CM2 8RB, 15.2% of residents are recorded as possessing school level qualifications and 20.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around CM2 8RB, the average age was 44 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CM2 8RB, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CM2 8RB, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.