Readers Court - CM2 8EU
Key Postcode Insights
CM2 8EU is a residential postcode situated on Readers Court, Chelmsford, CM2 with 26 addresses.
It ranks as the 802nd largest and 302nd most expensive of the 1,224 postcodes in the CM2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £317,252
- 10 Year change
- up 19.6%
- Ave. Rental Price
- £1,575pcm
- 10 Year change
- up 59.1%
- Ave. £ per ft²
- £347/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
CM2 8EU is a residential postcode situated on Readers Court, Chelmsford, CM2 with 26 addresses.
It ranks as the 802nd largest and 302nd most expensive of the 1,224 postcodes in the CM2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £317,252
- 10 Year change
- up 19.6%
- Ave. Rental Price
- £1,575pcm
- 10 Year change
- up 59.1%
- Ave. £ per ft²
- £347/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin CM2 8EU
- 1 Readers Court
Unknown
- 2 Readers Court
3 Bed Mid-century House
- 3 Readers Court
Unknown
- 4 Readers Court
3 Bed Mid-century House
- 5 Readers Court
3 Bed House
Sales Market Trends
The last sale in CM2 8EU sold for £352,500 on 17th March 2023. Since then prices are down an average of 4.2%.
The current average value in the postcode is £317,252.
The CM2 8EU Sales Market has increased by 19.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £317,252 |
| June 2025 | 1% | £323,612 |
| June 2024 | -0.7% | £320,326 |
| June 2023 | -1.8% | £322,435 |
| June 2022 | 10% | £328,250 |
| June 2021 | 5% | £298,338 |
| June 2020 | 0.8% | £284,221 |
| June 2019 | 0.1% | £282,030 |
| June 2018 | 1.6% | £281,620 |
| June 2017 | 4.5% | £277,146 |
| June 2016 | 13.1% | £265,237 |
| June 2015 | 12.3% | £234,543 |
| June 2014 | 11.6% | £208,885 |
| June 2013 | 1.4% | £187,211 |
| June 2012 | 1.1% | £184,604 |
| June 2011 | -1% | £182,582 |
| June 2010 | 8.5% | £184,402 |
| June 2009 | -8.9% | £169,976 |
| June 2008 | -2.2% | £186,544 |
| June 2007 | 0% | £190,717 |
Rental Market Trends
The current average rental value in the postcode is £1,575.
The CM2 8EU Rental Market has increased by 59.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,575pcm |
| June 2025 | 5.2% | £1,518pcm |
| June 2024 | 8.6% | £1,442pcm |
| June 2023 | 10.4% | £1,329pcm |
| June 2022 | 7.7% | £1,203pcm |
| June 2021 | 5.6% | £1,116pcm |
| June 2020 | 1.4% | £1,057pcm |
| June 2019 | 1.1% | £1,042pcm |
| June 2018 | 1.2% | £1,031pcm |
| June 2017 | 2.8% | £1,018pcm |
| June 2016 | 5.3% | £990pcm |
| June 2015 | 6.1% | £940pcm |
| June 2014 | 5.8% | £886pcm |
| June 2013 | 1.7% | £838pcm |
| June 2012 | 1.7% | £824pcm |
| June 2011 | 3.4% | £810pcm |
| June 2010 | 6.8% | £783pcm |
| June 2009 | -6.4% | £734pcm |
| June 2008 | 3.3% | £784pcm |
| June 2007 | 0% | £759pcm |
Sales History
The last sale was on 17th March 2023 for £352,500 and since then the market in the area has decreased by 4.2%. The postcode has had a total of 28 sales since 1995.
CM2 8EU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£352,500 | 3 Bed House8, Readers Court, Chelmsford, CM2 8EU8, Readers Court, Chelmsford, CM2 8EU
- Sold Aug 2022£357,500 | 3 Bed House19, Readers Court, Chelmsford, CM2 8EU19, Readers Court, Chelmsford, CM2 8EU
- Sold Sep 2021£290,000 | 3 Bed House11, Readers Court, Chelmsford, CM2 8EU11, Readers Court, Chelmsford, CM2 8EU
- Sold Dec 2019£290,000 | 3 Bed House19, Readers Court, Chelmsford, CM2 8EU19, Readers Court, Chelmsford, CM2 8EU
- Sold Mar 2019£270,000 | 3 Bed House20, Readers Court, Chelmsford, CM2 8EU20, Readers Court, Chelmsford, CM2 8EU
Nearby Postcodes
CM2 8EU is the 802nd largest and the 302nd most expensive postcode out of the 1,224 postcodes in the CM2 area.
- CM2 8EX, Readers Court, Chelmsford, CM2CM2 8EX38 Addresses|71 m away
- CM2 8EW, Noakes Avenue, Chelmsford, CM2CM2 8EW50 Addresses|99 m away
- CM2 8EN, Noakes Avenue, Chelmsford, CM2CM2 8EN42 Addresses|141 m away
- CM2 8EP, Noakes Avenue, Chelmsford, CM2CM2 8EP45 Addresses|148 m away
- CM2 8YX, Purbeck Court, Chelmsford, CM2CM2 8YX56 Addresses|153 m away
Property Types
- 17 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 7 other addresses of unknown type
- mid-century house (17)
- house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (13)
- G (0)
- D (4)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Mar 2023£374,000 | 3 Bed House51, Readers Court, Chelmsford, CM2 8EX51, Readers Court, Chelmsford, CM2 8EX
- Sold Aug 2022£357,500 | 3 Bed House19, Readers Court, Chelmsford, CM2 8EU19, Readers Court, Chelmsford, CM2 8EU
- Sold Mar 2023£352,500 | 3 Bed House8, Readers Court, Chelmsford, CM2 8EU8, Readers Court, Chelmsford, CM2 8EU
Schools Nearby
- Larkrise Primary School100 m away
- Beehive Lane Community Primary School700 m away
- Baddow Hall Infant School1.1 km away
- Great Baddow High School400 m away
- Moulsham High School1.6 km away
- The Sandon School1.7 km away
More reading links
Public Transport Nearby
The closest station to CM2 8EU is Chelmsford station, which is 3.0 kilometres away.
- Chelmsford|3.0 km away
- Beaulieu Park|5.2 km away
- Ingatestone|9.0 km away
- Hatfield Peverel|10.1 km away
