Watchouse Road - CM2 8NE
Key Postcode Insights
CM2 8NE is a residential postcode situated on Watchouse Road, Chelmsford, CM2 with 3 addresses.
It ranks as the 91st largest and 1147th most expensive of the 1,224 postcodes in the CM2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £783,673
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £2,544pcm
- 10 Year change
- up 57.3%
- Ave. £ per ft²
- £495/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
CM2 8NE is a residential postcode situated on Watchouse Road, Chelmsford, CM2 with 3 addresses.
It ranks as the 91st largest and 1147th most expensive of the 1,224 postcodes in the CM2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £783,673
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £2,544pcm
- 10 Year change
- up 57.3%
- Ave. £ per ft²
- £495/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Propertiesin CM2 8NE
Sales Market Trends
The last sale in CM2 8NE sold for £750,000 on 20th June 2025. Since then prices are down an average of 1.8%.
The current average value in the postcode is £783,673.
The CM2 8NE Sales Market has increased by 19.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £783,673 |
| June 2025 | 0.7% | £798,390 |
| June 2024 | -2.2% | £792,759 |
| June 2023 | -1% | £810,211 |
| June 2022 | 8.5% | £818,087 |
| June 2021 | 6.7% | £754,145 |
| June 2020 | 0.9% | £706,778 |
| June 2019 | 1.5% | £700,158 |
| June 2018 | 0.7% | £689,682 |
| June 2017 | 4.2% | £684,946 |
| June 2016 | 11.3% | £657,629 |
| June 2015 | 9% | £590,967 |
| June 2014 | 9.9% | £542,103 |
| June 2013 | 2.2% | £493,126 |
| June 2012 | 1.5% | £482,488 |
| June 2011 | -0.5% | £475,550 |
| June 2010 | 10.6% | £478,171 |
| June 2009 | -7.4% | £432,445 |
| June 2008 | -0.7% | £467,068 |
| June 2007 | 0% | £470,252 |
Rental Market Trends
The current average rental value in the postcode is £2,544.
The CM2 8NE Rental Market has increased by 57.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £2,544pcm |
| June 2025 | 4.8% | £2,452pcm |
| June 2024 | 7.1% | £2,341pcm |
| June 2023 | 11% | £2,186pcm |
| June 2022 | 6.4% | £1,969pcm |
| June 2021 | 7.3% | £1,850pcm |
| June 2020 | 1.4% | £1,724pcm |
| June 2019 | 2.7% | £1,701pcm |
| June 2018 | 0.2% | £1,656pcm |
| June 2017 | 2.1% | £1,653pcm |
| June 2016 | 3.6% | £1,618pcm |
| June 2015 | 3.3% | £1,561pcm |
| June 2014 | 4.3% | £1,511pcm |
| June 2013 | 2.6% | £1,449pcm |
| June 2012 | 2% | £1,412pcm |
| June 2011 | 3.5% | £1,385pcm |
| June 2010 | 8.6% | £1,338pcm |
| June 2009 | -4.4% | £1,232pcm |
| June 2008 | 4.4% | £1,289pcm |
| June 2007 | 0% | £1,234pcm |
Sales History
The last sale was on 20th June 2025 for £750,000 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 4 sales since 1995.
CM2 8NE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2025£750,000 | 4 Bed HouseBechers, Watchouse Road, Chelmsford, CM2 8NEBechers, Watchouse Road, Chelmsford, CM2 8NE
- Sold Jul 2019£650,000 | 5 Bed HousePipers, Watchouse Road, Chelmsford, CM2 8NEPipers, Watchouse Road, Chelmsford, CM2 8NE
- Sold Dec 2013£385,000 | 4 Bed HouseBechers, Watchouse Road, Chelmsford, CM2 8NEBechers, Watchouse Road, Chelmsford, CM2 8NE
- Sold Aug 2011£346,000 | 4 Bed HouseBechers, Watchouse Road, Chelmsford, CM2 8NEBechers, Watchouse Road, Chelmsford, CM2 8NE
Nearby Postcodes
CM2 8NE is the 91st largest and the 1147th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- CM2 8LS, Barn Mead, Chelmsford, CM2CM2 8LS6 Addresses|29 m away
- CM2 8ND, Watchouse Road, Chelmsford, CM2CM2 8ND3 Addresses|38 m away
- CM2 8NJ, Brook Lane, Galleywood, Chelmsford, CM2CM2 8NJ15 Addresses|80 m away
- CM2 8NP, Pipers Tye, Chelmsford, CM2CM2 8NP12 Addresses|106 m away
- CM2 8RD, Russets, Chelmsford, CM2CM2 8RD6 Addresses|183 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 1 other address of unknown type
- period house (1)
- modern house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is A.
- A (1)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (1)
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
- Beehive Lane Community Primary School700 m away
- Larkrise Primary School1.0 km away
- St Michael's Church of England Voluntary Aided Junior School1.1 km away
- Great Baddow High School800 m away
- Moulsham High School1.7 km away
- The Sandon School2.4 km away
More reading links
Public Transport Nearby
The closest station to CM2 8NE is Chelmsford station, which is 3.5 kilometres away.
- Chelmsford|3.5 km away
- Beaulieu Park|6.1 km away
- Ingatestone|8.2 km away
- Billericay|9.8 km away