CM2 8JQ is a residential postcode situated on The Westerings, Chelmsford, CM2 with 6 addresses.
It ranks as the 180th largest and 63rd most expensive of the 1,224 postcodes in the CM2 area.
The postcode contains a total of 6 properties: 1 house and 5 flats.
CM2 8JQ is a residential postcode situated on The Westerings, Chelmsford, CM2 with 6 addresses.
It ranks as the 180th largest and 63rd most expensive of the 1,224 postcodes in the CM2 area.
The postcode contains a total of 6 properties: 1 house and 5 flats.
Sale prices range from £131,915 for 2 bedroom leasehold flats (602 ft2) to £220,886 for 2 bedroom leasehold houses with a garden (516 ft2) .
Monthly rental prices range from £809 pcm for 2 bed flats to £1,149 pcm for 2 bed houses.
The gross rental yield is between 6.2% and 7.4%.
The average value per square foot is £245.
The last sale in CM2 8JQ sold for £188,700 on 24th November 2021. Since then prices are down an average of 3.3%.
The current average value in the postcode is £187,844.
The CM2 8JQ Sales Market has increased by 10.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £187,844 |
| April 2025 | -0.1% | £194,820 |
| April 2024 | -1.8% | £195,074 |
| April 2023 | -0.2% | £198,580 |
| April 2022 | 7.9% | £198,966 |
| April 2021 | 2.1% | £184,315 |
| April 2020 | -0.2% | £180,593 |
| April 2019 | 0.1% | £180,971 |
| April 2018 | 0.7% | £180,759 |
| April 2017 | 5.2% | £179,553 |
| April 2016 | 12.2% | £170,630 |
| April 2015 | 10.5% | £152,096 |
| April 2014 | 9.5% | £137,648 |
| April 2013 | 1.4% | £125,695 |
| April 2012 | 0.7% | £123,927 |
| April 2011 | -2.1% | £123,005 |
| April 2010 | 5.4% | £125,596 |
| April 2009 | -11.5% | £119,114 |
| April 2008 | 1.2% | £134,589 |
| April 2007 | 0% | £133,058 |
The current average rental value in the postcode is £1,079.
The CM2 8JQ Rental Market has increased by 44.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,079pcm |
| April 2025 | 4.3% | £1,048pcm |
| April 2024 | 9.6% | £1,005pcm |
| April 2023 | 9.4% | £917pcm |
| April 2022 | 5.5% | £839pcm |
| April 2021 | 2.5% | £795pcm |
| April 2020 | 1.3% | £776pcm |
| April 2019 | 0.9% | £765pcm |
| April 2018 | -0.6% | £759pcm |
| April 2017 | 2.4% | £764pcm |
| April 2016 | 5.3% | £746pcm |
| April 2015 | 4.1% | £708pcm |
| April 2014 | 4.8% | £680pcm |
| April 2013 | 2.2% | £649pcm |
| April 2012 | 1.6% | £635pcm |
| April 2011 | 2% | £625pcm |
| April 2010 | 2.4% | £613pcm |
| April 2009 | -6.9% | £599pcm |
| April 2008 | 5.4% | £643pcm |
| April 2007 | 0% | £610pcm |
The last sale was on 24th November 2021 for £188,700 and since then the market in the area has decreased by 3.3%. The postcode has had a total of 12 sales since 1995.
CM2 8JQ has seen no sales in the last three years and no sales in the last twelve months.
CM2 8JQ is the 180th largest and the 63rd most expensive postcode out of the 1,224 postcodes in the CM2 area.
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