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Postcode Overview
of CM2 8YY
CM2 8YY is a residential postcode located on Dorset Avenue, Chelmsford, CM2. It is the 1139th largest postcode in the CM2 area.
It contains 47 residential addresses consisting of 14 houses, 17 flats and 16 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in CM2 8YY
The average house value is £318,534. Sales values have decreased in the last 12 months by 1.9% and Rental values have increased by 4.3%.
Property sale values range from £147,221 for a leasehold flat, with 1 bedrooms split across 398 square feet of gross internal area and has no outside space to £368,749 for a freehold house, with 4 bedrooms split across 1,173 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CM2 8YY is £346/ft2.
Properties achieve a rental yield of between 5.4% and 7.2%, and rental values range from £880 to £1,674 per month.
Recent sales
within CM2 8YY
The last sale was 01 Nov 2023 for £330,000 and since then the market in the area has decreased by -1%. The postcode has had a total of 4 sales since 1995.
CM2 8YY has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to CM2 8YY
CM2 8YY is the 1139th largest and the 339th most expensive postcode out of the 1,260 postcodes in the CM2 area.
Nearby postcodes
to CM2 8YY
CM2 8YY is the 1139th largest and the 339th most expensive postcode out of the 1,260 postcodes in the CM2 area.
Property types
in CM2 8YY
CM2 8YY is a residential postcode located on Dorset Avenue, Chelmsford, CM2 with 14 houses, 17 flats and 16 unknown within its bounds.
The most common property type in CM2 8YY is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within CM2 8YY
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to CM2 8YY
Public transport nearby
to CM2 8YY
The closest station to CM2 8YY is Chelmsford station which is 2.7 kilometres away.
