CM2 7TB is a residential postcode situated on Old Southend Road, Howe Green, Chelmsford, CM2 with 8 addresses.
It ranks as the 249th largest and 1090th most expensive of the 1,224 postcodes in the CM2 area.
The postcode contains a total of 8 properties: 8 houses.
CM2 7TB is a residential postcode situated on Old Southend Road, Howe Green, Chelmsford, CM2 with 8 addresses.
It ranks as the 249th largest and 1090th most expensive of the 1,224 postcodes in the CM2 area.
The postcode contains a total of 8 properties: 8 houses.
Sale prices range from £521,284 for 4 bedroom freehold houses with a garden (1,276 ft2) to £1,300,063 for 5 bedroom freehold houses with a garden (3,928 ft2) .
Monthly rental prices range from £1,954 pcm for 4 bed houses to £4,304 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 4.6%.
The average value per square foot is £457.
The last sale in CM2 7TB sold for £305,000 on 28th February 2013. Since then prices are up an average of 62.2%.
The current average value in the postcode is £723,728.
The CM2 7TB Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £723,728 |
| April 2025 | 0.6% | £745,778 |
| April 2024 | -2.9% | £741,419 |
| April 2023 | 1.2% | £763,778 |
| April 2022 | 9.2% | £754,975 |
| April 2021 | 5.9% | £691,378 |
| April 2020 | -0.1% | £653,034 |
| April 2019 | 0.9% | £653,482 |
| April 2018 | 1.8% | £647,359 |
| April 2017 | 6.6% | £635,911 |
| April 2016 | 10.9% | £596,618 |
| April 2015 | 9.7% | £538,056 |
| April 2014 | 9.5% | £490,657 |
| April 2013 | 7.2% | £447,961 |
| April 2012 | 0.6% | £417,982 |
| April 2011 | -0.7% | £415,653 |
| April 2010 | 7.1% | £418,445 |
| April 2009 | -10.9% | £390,526 |
| April 2008 | 2% | £438,294 |
| April 2007 | 0% | £429,744 |
The current average rental value in the postcode is £2,494.
The CM2 7TB Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £2,494pcm |
| April 2025 | 4.7% | £2,425pcm |
| April 2024 | 8.3% | £2,317pcm |
| April 2023 | 9.7% | £2,139pcm |
| April 2022 | 6.8% | £1,951pcm |
| April 2021 | 6.1% | £1,826pcm |
| April 2020 | 0.8% | £1,722pcm |
| April 2019 | 2.1% | £1,708pcm |
| April 2018 | 0.5% | £1,672pcm |
| April 2017 | 3% | £1,663pcm |
| April 2016 | 4.3% | £1,615pcm |
| April 2015 | 3.8% | £1,548pcm |
| April 2014 | 5.4% | £1,491pcm |
| April 2013 | 7% | £1,414pcm |
| April 2012 | 1.8% | £1,321pcm |
| April 2011 | 2.7% | £1,298pcm |
| April 2010 | 4.3% | £1,264pcm |
| April 2009 | -5.8% | £1,211pcm |
| April 2008 | 4.5% | £1,286pcm |
| April 2007 | 0% | £1,230pcm |
The last sale was on 28th February 2013 for £305,000 and since then the market in the area has increased by 62.2%. The postcode has had a total of 4 sales since 1995.
CM2 7TB has seen no sales in the last three years and no sales in the last twelve months.
CM2 7TB is the 249th largest and the 1090th most expensive postcode out of the 1,224 postcodes in the CM2 area.
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The closest station to CM2 7TB is Chelmsford station which is 6.7 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 7TB, 50.4% of property is privately owned outright and 38.6% 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 7TB, 16.4% of residents are recorded as possessing school level qualifications and 32.1% 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 7TB, 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 7TB, 2.6% 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 7TB, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.