CM2 7QB is a residential postcode situated on New Road, Great Baddow, Chelmsford, CM2 with 9 addresses.
It ranks as the 273rd largest and 214th 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 9 properties: 2 houses and 7 flats.
CM2 7QB is a residential postcode situated on New Road, Great Baddow, Chelmsford, CM2 with 9 addresses.
It ranks as the 273rd largest and 214th 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 9 properties: 2 houses and 7 flats.
Sale prices range from £205,545 for 1 bedroom leasehold flats (452 ft2) to £410,618 for 3 bedroom freehold houses with a garden (796 ft2) .
Monthly rental prices range from £1,031 pcm for 1 bed flats to £1,545 pcm for 3 bed houses.
The gross rental yield is between 4.5% and 6.0%.
The average value per square foot is £387.
The last sale in CM2 7QB sold for £220,500 on 3rd May 2024. Since then prices are down an average of 4.1%.
The current average value in the postcode is £286,582.
The CM2 7QB Sales Market has increased by 9.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.4% | £286,582 |
| April 2025 | -0.3% | £296,768 |
| April 2024 | -1.7% | £297,791 |
| April 2023 | -0.3% | £302,819 |
| April 2022 | 7.6% | £303,799 |
| April 2021 | 2.2% | £282,423 |
| April 2020 | -0.1% | £276,312 |
| April 2019 | 0.1% | £276,688 |
| April 2018 | 0.2% | £276,309 |
| April 2017 | 5% | £275,670 |
| April 2016 | 12.3% | £262,633 |
| April 2015 | 10.1% | £233,917 |
| April 2014 | 8.9% | £212,511 |
| April 2013 | 1.7% | £195,130 |
| April 2012 | 0.5% | £191,813 |
| April 2011 | -1.9% | £190,798 |
| April 2010 | 4.5% | £194,397 |
| April 2009 | -11.1% | £186,004 |
| April 2008 | 1.4% | £209,148 |
| April 2007 | 0% | £206,267 |
The current average rental value in the postcode is £1,274.
The CM2 7QB Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,274pcm |
| April 2025 | 4.1% | £1,236pcm |
| April 2024 | 9.7% | £1,188pcm |
| April 2023 | 9.2% | £1,083pcm |
| April 2022 | 5.1% | £991pcm |
| April 2021 | 2.7% | £943pcm |
| April 2020 | 1.4% | £918pcm |
| April 2019 | 0.9% | £906pcm |
| April 2018 | -1.1% | £898pcm |
| April 2017 | 2.2% | £907pcm |
| April 2016 | 5.4% | £888pcm |
| April 2015 | 3.7% | £843pcm |
| April 2014 | 4.2% | £813pcm |
| April 2013 | 2.5% | £780pcm |
| April 2012 | 1.4% | £761pcm |
| April 2011 | 2.2% | £751pcm |
| April 2010 | 1.5% | £735pcm |
| April 2009 | -6.4% | £723pcm |
| April 2008 | 5.6% | £773pcm |
| April 2007 | 0% | £732pcm |
The last sale was on 3rd May 2024 for £220,500 and since then the market in the area has decreased by 4.1%. The postcode has had a total of 12 sales since 1995.
CM2 7QB has seen 1 sale in the last three years and no sales in the last twelve months.
CM2 7QB is the 273rd largest and the 214th most expensive postcode out of the 1,224 postcodes in the CM2 area.
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