CM2 7NH is a residential postcode situated on Meadgate Avenue, Chelmsford, CM2 with 42 addresses.
It ranks as the 1056th largest and 299th 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 42 properties: 22 houses and 20 flats.
CM2 7NH is a residential postcode situated on Meadgate Avenue, Chelmsford, CM2 with 42 addresses.
It ranks as the 1056th largest and 299th 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 42 properties: 22 houses and 20 flats.
Sale prices range from £150,539 for 2 bedroom leasehold flats (505 ft2) to £359,488 for 3 bedroom freehold houses with a garden (1,065 ft2) .
Monthly rental prices range from £959 pcm for 2 bed flats to £1,738 pcm for 3 bed houses.
The gross rental yield is between 5.8% and 7.6%.
The average value per square foot is £352.
The last sale in CM2 7NH sold for £340,500 on 10th October 2025. Since then prices are down an average of 2.1%.
The current average value in the postcode is £248,171.
The CM2 7NH Sales Market has increased by 13.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £248,171 |
| April 2025 | 0% | £256,508 |
| April 2024 | -1.2% | £256,531 |
| April 2023 | -0.5% | £259,561 |
| April 2022 | 8.8% | £260,741 |
| April 2021 | 3.1% | £239,582 |
| April 2020 | -0.1% | £232,300 |
| April 2019 | 0.1% | £232,423 |
| April 2018 | 1% | £232,255 |
| April 2017 | 5.6% | £229,969 |
| April 2016 | 13.3% | £217,803 |
| April 2015 | 11% | £192,277 |
| April 2014 | 9.5% | £173,281 |
| April 2013 | 1.6% | £158,199 |
| April 2012 | 0.8% | £155,715 |
| April 2011 | -1.9% | £154,535 |
| April 2010 | 4.6% | £157,529 |
| April 2009 | -11% | £150,561 |
| April 2008 | 1.6% | £169,132 |
| April 2007 | 0% | £166,479 |
The current average rental value in the postcode is £1,332.
The CM2 7NH Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £1,332pcm |
| April 2025 | 4.6% | £1,289pcm |
| April 2024 | 10.2% | £1,233pcm |
| April 2023 | 9.3% | £1,119pcm |
| April 2022 | 6.2% | £1,024pcm |
| April 2021 | 3.6% | £964pcm |
| April 2020 | 1.6% | £930pcm |
| April 2019 | 0.7% | £915pcm |
| April 2018 | -0.3% | £909pcm |
| April 2017 | 2.9% | £912pcm |
| April 2016 | 6.3% | £886pcm |
| April 2015 | 4.5% | £834pcm |
| April 2014 | 4.8% | £798pcm |
| April 2013 | 2.4% | £761pcm |
| April 2012 | 1.6% | £744pcm |
| April 2011 | 2.3% | £732pcm |
| April 2010 | 1.8% | £716pcm |
| April 2009 | -6.5% | £703pcm |
| April 2008 | 5.9% | £752pcm |
| April 2007 | 0% | £710pcm |
The last sale was on 10th October 2025 for £340,500 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 49 sales since 1995.
CM2 7NH has seen 1 sale in the last three years and 1 sale in the last twelve months.
CM2 7NH is the 1056th largest and the 299th most expensive postcode out of the 1,224 postcodes in the CM2 area.
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The closest station to CM2 7NH is Chelmsford station which is 1.8 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 7NH, 55.4% of property is socially rented and 19.8% is privately owned with a mortgage.
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 7NH, 18.4% of residents are recorded as possessing school level qualifications and 22.7% 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 7NH, the average age was 40.8 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 7NH, 0.4% 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 7NH, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.