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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
CM2 7LYHouse Prices / East of England, Chelmsford, Meadgate Avenue
Last updated May 2026
Key Postcode Insights
CM2 7LY is a residential postcode situated on Meadgate Avenue, Chelmsford, CM2 with 10 addresses.
It ranks as the 306th largest and 109th most expensive of the 1,224 postcodes in the CM2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 flats.
10
Properties
- Flats
Key Postcode Insights
CM2 7LY is a residential postcode situated on Meadgate Avenue, Chelmsford, CM2 with 10 addresses.
It ranks as the 306th largest and 109th most expensive of the 1,224 postcodes in the CM2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 flats.
10
Properties
- Flats
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House Pricesin CM2 7LY
Sale prices range from £213,861 for 2 bedroom Leasehold flats (656 ft2) to £213,861 for 2 bedroom Leasehold flats (656 ft2) .
Monthly rental prices range from £1,177 pcm for 2 bed flats to £1,177 pcm for 2 bed flats.
The gross rental yield is between 6.6% and 6.6%.
The average value per square foot is £331.
Average Sale Value
£213,861
Average Rental Value
£1,177 pcm
Average Rental Yield
6.6% /year
Average Value Per Sqft
£331 /ft2
Sales Market Trendsin CM2 7LY
The current average value in the postcode is £213,861.
The CM2 7LY Sales Market has increased by 7.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £213,861 |
| April 2025 | -0.9% | £220,416 |
| April 2024 | -0.5% | £222,519 |
| April 2023 | -1.3% | £223,676 |
| April 2022 | 7.1% | £226,621 |
| April 2021 | 1.8% | £211,647 |
| April 2020 | 0.3% | £207,995 |
| April 2019 | -0.4% | £207,321 |
| April 2018 | -0.3% | £208,175 |
| April 2017 | 4.5% | £208,815 |
| April 2016 | 13.3% | £199,791 |
| April 2015 | 9.9% | £176,391 |
| April 2014 | 7.7% | £160,561 |
| April 2013 | 0.8% | £149,044 |
| April 2012 | -0.1% | £147,834 |
| April 2011 | -1.9% | £148,036 |
| April 2010 | 2.3% | £150,895 |
| April 2009 | -10.3% | £147,545 |
| April 2008 | 1.8% | £164,515 |
| April 2007 | 0% | £161,669 |
Rental Market Trendsin CM2 7LY
The current average rental value in the postcode is £1,177.
The CM2 7LY Rental Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £1,177pcm |
| April 2025 | 3.6% | £1,135pcm |
| April 2024 | 10.9% | £1,096pcm |
| April 2023 | 8.3% | £988pcm |
| April 2022 | 4.5% | £912pcm |
| April 2021 | 2.2% | £873pcm |
| April 2020 | 2% | £854pcm |
| April 2019 | 0.2% | £837pcm |
| April 2018 | -1.6% | £835pcm |
| April 2017 | 1.8% | £848pcm |
| April 2016 | 6.3% | £833pcm |
| April 2015 | 3.5% | £784pcm |
| April 2014 | 3.1% | £758pcm |
| April 2013 | 1.6% | £735pcm |
| April 2012 | 0.7% | £724pcm |
| April 2011 | 2.3% | £719pcm |
| April 2010 | -0.5% | £703pcm |
| April 2009 | -5.8% | £706pcm |
| April 2008 | 6.1% | £750pcm |
| April 2007 | 0% | £707pcm |
Explore Buildingsin CM2 7LY, Meadgate Avenue, Chelmsford, CM2
- Brookbank, Meadgate Avenue, Chelmsford, CM2 Mid-century building 10 units
Nearby Postcodesto CM2 7LY
CM2 7LY is the 306th largest and the 109th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- 60 mCM2 7LJ, Meadgate Avenue, Chelmsford, CM2CM2 7LJ16 Addresses
- 74 mCM2 7LH, Meadgate Avenue, Chelmsford, CM2CM2 7LH48 Addresses
- 81 mCM2 7UR, Chelwater, Great Baddow, Chelmsford, CM2CM2 7UR42 Addresses
- 105 mCM2 7NL, Meadgate Avenue, Chelmsford, CM2CM2 7NL47 Addresses
- 113 mCM2 7NJ, Meadgate Avenue, Chelmsford, CM2CM2 7NJ43 Addresses
- 120 mCM2 7UT, Chelwater, Great Baddow, Chelmsford, CM2CM2 7UT7 Addresses
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Property Typesin CM2 7LY
- 10 mid-century flats built between 1936 and 1979
- mid-century flat (10)
Energy Efficiencyof properties in CM2 7LY
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson Meadgate Avenue
Schools Nearbyto CM2 7LY
The nearest primary school to CM2 7LY is Meadgate Primary School which is 347 metres away.
- 347mMeadgate Primary School
- 996mLarkrise Primary School
- 1.3kmTrinity Road Primary School
The nearest secondary school is Great Baddow High School which is 1.2 kilometres away.
- 1.2kmGreat Baddow High School
- 1.4kmMoulsham High School
- 2.1kmThe Sandon School
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Public Transport Nearbyto CM2 7LY
The closest station to CM2 7LY is Chelmsford station which is 2.0 kilometres away.
- 2.0kmChelmsford
- 4.2kmBeaulieu Park
- 9.4kmHatfield Peverel
- 9.6kmIngatestone