Watchouse Road - CM2 8LT
Key Postcode Insights
CM2 8LT is a residential postcode situated on Watchouse Road, Chelmsford, CM2 with 14 addresses.
It ranks as the 457th largest and 929th 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 14 properties: 14 houses.
- Ave. Sale Price
- £603,064
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £2,258pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £396/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
CM2 8LT is a residential postcode situated on Watchouse Road, Chelmsford, CM2 with 14 addresses.
It ranks as the 457th largest and 929th 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 14 properties: 14 houses.
- Ave. Sale Price
- £603,064
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £2,258pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £396/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin CM2 8LT
- 77 Watchouse Road
Unknown
- 79 Watchouse Road
Unknown
- 81 Watchouse Road
Unknown
- 83 Watchouse Road
4 Bed Mid-century House
- 85 Watchouse Road
Unknown
Sales Market Trends
The last sale in CM2 8LT sold for £550,000 on 4th April 2023. Since then prices are down an average of 3.4%.
The current average value in the postcode is £603,064.
The CM2 8LT Sales Market has increased by 18.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £603,064 |
| June 2025 | 1% | £614,573 |
| June 2024 | -2% | £608,674 |
| June 2023 | -1.1% | £621,036 |
| June 2022 | 8.9% | £627,994 |
| June 2021 | 6.1% | £576,930 |
| June 2020 | 0.9% | £543,665 |
| June 2019 | 1.2% | £538,699 |
| June 2018 | 0.8% | £532,272 |
| June 2017 | 4.1% | £527,788 |
| June 2016 | 11.6% | £507,242 |
| June 2015 | 9.5% | £454,331 |
| June 2014 | 10.7% | £414,803 |
| June 2013 | 1.7% | £374,867 |
| June 2012 | 1.6% | £368,575 |
| June 2011 | -0.3% | £362,816 |
| June 2010 | 10.6% | £363,904 |
| June 2009 | -8.2% | £329,006 |
| June 2008 | -0.8% | £358,452 |
| June 2007 | 0% | £361,464 |
Rental Market Trends
The current average rental value in the postcode is £2,258.
The CM2 8LT Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £2,258pcm |
| June 2025 | 4.8% | £2,177pcm |
| June 2024 | 7.4% | £2,077pcm |
| June 2023 | 11% | £1,934pcm |
| June 2022 | 6.7% | £1,742pcm |
| June 2021 | 7.1% | £1,633pcm |
| June 2020 | 1.3% | £1,525pcm |
| June 2019 | 2.5% | £1,505pcm |
| June 2018 | 0.3% | £1,469pcm |
| June 2017 | 2.2% | £1,464pcm |
| June 2016 | 4.1% | £1,433pcm |
| June 2015 | 4.2% | £1,377pcm |
| June 2014 | 4.7% | £1,322pcm |
| June 2013 | 2.5% | £1,262pcm |
| June 2012 | 1.9% | £1,232pcm |
| June 2011 | 3.5% | £1,210pcm |
| June 2010 | 8.1% | £1,169pcm |
| June 2009 | -4.8% | £1,082pcm |
| June 2008 | 4.1% | £1,136pcm |
| June 2007 | 0% | £1,091pcm |
Sales History
The last sale was on 4th April 2023 for £550,000 and since then the market in the area has decreased by 3.4%. The postcode has had a total of 19 sales since 1995.
CM2 8LT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2023£550,000 | 4 Bed House83, Watchouse Road, Chelmsford, CM2 8LT83, Watchouse Road, Chelmsford, CM2 8LT
- Sold Aug 2022£1,125,000 | 5 Bed House99, Watchouse Road, Chelmsford, CM2 8LT99, Watchouse Road, Chelmsford, CM2 8LT
- Sold May 2021£440,000 | 3 Bed House89, Watchouse Road, Chelmsford, CM2 8LT89, Watchouse Road, Chelmsford, CM2 8LT
- Sold Aug 2015£382,500 | 4 Bed House97, Watchouse Road, Chelmsford, CM2 8LT97, Watchouse Road, Chelmsford, CM2 8LT
- Sold Feb 2013£250,000 | 3 Bed House89, Watchouse Road, Chelmsford, CM2 8LT89, Watchouse Road, Chelmsford, CM2 8LT
Nearby Postcodes
CM2 8LT is the 457th largest and the 929th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- CM2 8NY, Lyon Close, Chelmsford, CM2CM2 8NY17 Addresses|65 m away
- CM2 8NH, Watchouse Road, Chelmsford, CM2CM2 8NH18 Addresses|71 m away
- CM2 8NX, Willow Bank, Chelmsford, CM2CM2 8NX10 Addresses|93 m away
- CM2 8NR, Keene Way, Chelmsford, CM2CM2 8NR16 Addresses|103 m away
- CM2 8QJ, Attwoods Close, Chelmsford, CM2CM2 8QJ38 Addresses|137 m away
Property Types
- 2 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 9 other addresses of unknown type
- modern house (2)
- mid-century house (2)
- early-century house (1)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Aug 2022£1,125,000 | 5 Bed House99, Watchouse Road, Chelmsford, CM2 8LT99, Watchouse Road, Chelmsford, CM2 8LT
- Sold May 2026£960,000 | 5 Bed HouseLangtoft, Watchouse Road, Chelmsford, CM2 8NDLangtoft, Watchouse Road, Chelmsford, CM2 8ND
- Sold Feb 2026£845,000 | 5 Bed House123, Watchouse Road, Chelmsford, CM2 8NG123, Watchouse Road, Chelmsford, CM2 8NG
Schools Nearby
- St Michael's Church of England Voluntary Aided Junior School200 m away
- Galleywood Infant School300 m away
- Mildmay Primary School1.1 km away
- Great Baddow High School1.6 km away
- Moulsham High School1.9 km away
- The Sandon School3.4 km away
More reading links
Public Transport Nearby
The closest station to CM2 8LT is Chelmsford station, which is 3.9 kilometres away.
- Chelmsford|3.9 km away
- Beaulieu Park|7.0 km away
- Ingatestone|7.2 km away
- Billericay|8.9 km away
