CM2 7HF is a residential postcode situated on Palmerston Lodge, Great Baddow, Chelmsford, CM2 with 31 addresses.
It ranks as the 896th largest and 67th most expensive of the 1,224 postcodes in the CM2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 31 properties: 31 flats.
CM2 7HF is a residential postcode situated on Palmerston Lodge, Great Baddow, Chelmsford, CM2 with 31 addresses.
It ranks as the 896th largest and 67th most expensive of the 1,224 postcodes in the CM2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 31 properties: 31 flats.
Sale prices range from £152,923 for 1 bedroom leasehold flats (387 ft2) to £217,643 for 3 bedroom leasehold flats (780 ft2) .
Monthly rental prices range from £968 pcm for 1 bed flats to £1,256 pcm for 3 bed flats.
The gross rental yield is between 6.8% and 7.6%.
The average value per square foot is £304.
The last sale in CM2 7HF sold for £200,000 on 31st March 2025. Since then prices are down an average of 3.1%.
The current average value in the postcode is £193,287.
The CM2 7HF Sales Market has increased by 5.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £193,287 |
| April 2025 | -0.8% | £199,939 |
| April 2024 | -1.2% | £201,635 |
| April 2023 | -0.9% | £204,055 |
| April 2022 | 6.8% | £205,879 |
| April 2021 | 1.3% | £192,853 |
| April 2020 | 0.1% | £190,380 |
| April 2019 | -0.2% | £190,269 |
| April 2018 | -0.3% | £190,594 |
| April 2017 | 4.5% | £191,203 |
| April 2016 | 12.4% | £182,981 |
| April 2015 | 9.8% | £162,805 |
| April 2014 | 8.1% | £148,321 |
| April 2013 | 1% | £137,201 |
| April 2012 | 0.1% | £135,901 |
| April 2011 | -2% | £135,797 |
| April 2010 | 3.4% | £138,623 |
| April 2009 | -10.8% | £134,119 |
| April 2008 | 1.4% | £150,360 |
| April 2007 | 0% | £148,346 |
The current average rental value in the postcode is £1,151.
The CM2 7HF Rental Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,151pcm |
| April 2025 | 3.6% | £1,114pcm |
| April 2024 | 10.2% | £1,076pcm |
| April 2023 | 8.7% | £976pcm |
| April 2022 | 4.3% | £898pcm |
| April 2021 | 1.8% | £861pcm |
| April 2020 | 1.7% | £846pcm |
| April 2019 | 0.5% | £832pcm |
| April 2018 | -1.6% | £828pcm |
| April 2017 | 1.8% | £841pcm |
| April 2016 | 5.5% | £827pcm |
| April 2015 | 3.4% | £784pcm |
| April 2014 | 3.4% | £758pcm |
| April 2013 | 1.7% | £733pcm |
| April 2012 | 0.9% | £721pcm |
| April 2011 | 2.1% | £715pcm |
| April 2010 | 0.5% | £700pcm |
| April 2009 | -6.2% | £697pcm |
| April 2008 | 5.7% | £743pcm |
| April 2007 | 0% | £703pcm |
The last sale was on 31st March 2025 for £200,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 86 sales since 1995.
CM2 7HF has seen 8 sales in the last three years and no sales in the last twelve months.
CM2 7HF is the 896th largest and the 67th most expensive postcode out of the 1,224 postcodes in the CM2 area.
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The closest station to CM2 7HF is Chelmsford station which is 2.9 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 7HF, 37.4% of property is privately owned with a mortgage and 31.3% is privately owned outright.
The graph below shows how this compares to East of England 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 7HF, 5.8% of residents are recorded as possessing school level qualifications and 36.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CM2 7HF, the average age was 46.1 and the most common age was 52.
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 7HF, 1.2% 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 7HF, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.