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Registered Address: 2 Leman St, London E1 8FA
CM2 5LBHouse Prices / East of England, Chelmsford, Springfield Lyons Approach
Last updated May 2026
Key Postcode Insights
CM2 5LB is a residential postcode situated on Springfield Lyons Approach, Chelmer Village, Chelmsford, CM2 with 3 addresses.
It ranks as the 68th largest and 1129th most expensive of the 1,224 postcodes in the CM2 area.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
Key Postcode Insights
CM2 5LB is a residential postcode situated on Springfield Lyons Approach, Chelmer Village, Chelmsford, CM2 with 3 addresses.
It ranks as the 68th largest and 1129th most expensive of the 1,224 postcodes in the CM2 area.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
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House Pricesin CM2 5LB
Sale prices range from £377,306 for 3 bedroom freehold houses with a garden (914 ft2) to £855,281 for 5 bedroom freehold houses with a garden (2,880 ft2) .
Monthly rental prices range from £1,682 pcm for 3 bed houses to £3,138 pcm for 5 bed houses.
The gross rental yield is between 4.2% and 5.3%.
The average value per square foot is £297.
Average Sale Value
£653,797
Average Rental Value
£2,451 pcm
Average Rental Yield
4.5% /year
Average Value Per Sqft
£297 /ft2
Sales Market Trendsin CM2 5LB
The last sale in CM2 5LB sold for £8,300,000 on 9th January 2019. Since then prices are up an average of 74.5%.
The current average value in the postcode is £653,797.
The CM2 5LB Sales Market has increased by 21.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.4% | £653,797 |
| April 2025 | 1.4% | £676,934 |
| April 2024 | -3% | £667,768 |
| April 2023 | 1.8% | £688,081 |
| April 2022 | 8.4% | £676,040 |
| April 2021 | 5.5% | £623,888 |
| April 2020 | 0.2% | £591,162 |
| April 2019 | 0.5% | £589,775 |
| April 2018 | 1.4% | £586,943 |
| April 2017 | 7.2% | £579,036 |
| April 2016 | 11.5% | £540,104 |
| April 2015 | 10.3% | £484,507 |
| April 2014 | 10.3% | £439,091 |
| April 2013 | 5.5% | £398,107 |
| April 2012 | 1.3% | £377,401 |
| April 2011 | -0.8% | £372,698 |
| April 2010 | 8.1% | £375,562 |
| April 2009 | -11.7% | £347,279 |
| April 2008 | 0.8% | £393,111 |
| April 2007 | 0% | £389,956 |
Rental Market Trendsin CM2 5LB
The current average rental value in the postcode is £2,451.
The CM2 5LB Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £2,451pcm |
| April 2025 | 4.7% | £2,381pcm |
| April 2024 | 8.7% | £2,273pcm |
| April 2023 | 10.5% | £2,091pcm |
| April 2022 | 6.7% | £1,892pcm |
| April 2021 | 5.9% | £1,774pcm |
| April 2020 | 1.2% | £1,675pcm |
| April 2019 | 2.1% | £1,655pcm |
| April 2018 | -0.1% | £1,621pcm |
| April 2017 | 3.4% | £1,623pcm |
| April 2016 | 4.6% | £1,569pcm |
| April 2015 | 3.9% | £1,499pcm |
| April 2014 | 5.6% | £1,443pcm |
| April 2013 | 6.7% | £1,367pcm |
| April 2012 | 2% | £1,282pcm |
| April 2011 | 2.5% | £1,257pcm |
| April 2010 | 4.2% | £1,226pcm |
| April 2009 | -6.1% | £1,177pcm |
| April 2008 | 5.6% | £1,253pcm |
| April 2007 | 0% | £1,186pcm |
Explore Propertiesin CM2 5LB, Springfield Lyons Approach, Chelmer Village, Chelmsford, CM2
Sales Historyin CM2 5LB
The last sale was on 9th January 2019 for £8,300,000 and since then the market in the area has increased by 74.5%. The postcode has had a total of 4 sales since 1995.
CM2 5LB has seen no sales in the last three years and no sales in the last twelve months.
Sold Jan 2019£8,300,000 | 3 Bed HouseSpringfield Lyons Approach1, Springfield Lyons Approach, Chelmsford, CM2 5LB
Sold Nov 2018£1,140,000 | 5 Bed HouseSpringfield Lyons Approach21, Springfield Lyons Approach, Chelmsford, CM2 5LB
Sold Oct 2015£865,000 | 5 Bed HouseSpringfield Lyons Approach21, Springfield Lyons Approach, Chelmsford, CM2 5LB
Sold Jan 2011£700,000 | 5 Bed HouseSpringfield Lyons Approach19, Springfield Lyons Approach, Chelmsford, CM2 5LB
Nearby Postcodesto CM2 5LB
CM2 5LB is the 68th largest and the 1129th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- 268 mCM2 5PG, Colchester Road, Chelmer Village, Chelmsford, CM2CM2 5PG5 Addresses
- 272 mCM2 5AR, Lonebarn Link, Chelmer Village, Chelmsford, CM2CM2 5AR1 Addresses
- 356 mCM2 6TD, Chelmer Village Way, Chelmer Village, Chelmsford, CM2CM2 6TD2 Addresses
- 359 mCM2 6TA, Cuton Grove, Chelmer Village, Chelmsford, CM2CM2 6TA10 Addresses
- 425 mCM2 6SN, Barlows Reach, Chelmer Village, Chelmsford, CM2CM2 6SN52 Addresses
- 426 mCM2 6GA, Meggy Tye, Chelmer Village, Chelmsford, CM2CM2 6GA24 Addresses
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Property Typesin CM2 5LB
- 1 house of an unknown age
- 2 other addresses of unknown type
- house (1)
- Unknown (2)
Energy Efficiencyof properties in CM2 5LB
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Saleson Springfield Lyons Approach
- Sold Jan 2019£8,300,000 | 3 Bed HouseSpringfield Lyons Approach1, Springfield Lyons Approach, Chelmsford, CM2 5LB
- Sold Nov 2018£1,140,000 | 5 Bed HouseSpringfield Lyons Approach21, Springfield Lyons Approach, Chelmsford, CM2 5LB
- Sold Oct 2015£865,000 | 5 Bed HouseSpringfield Lyons Approach21, Springfield Lyons Approach, Chelmsford, CM2 5LB
Schools Nearbyto CM2 5LB
The nearest primary school to CM2 5LB is The Bishops' Church of England and Roman Catholic Primary School which is 973 metres away.
- 973mThe Bishops' Church of England and Roman Catholic Primary School
- 1.0kmBarnes Farm Primary School
- 1.1kmChancellor Park Primary School, Chelmsford
The nearest secondary school is The Boswells School which is 1.5 kilometres away.
- 1.5kmThe Boswells School
- 3.1kmChelmsford County High School for Girls
- 3.4kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearbyto CM2 5LB
The closest station to CM2 5LB is Beaulieu Park station which is 1.2 kilometres away.
- 1.2kmBeaulieu Park
- 3.2kmChelmsford
- 6.6kmHatfield Peverel
- 10.9kmWitham
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