CM2 8NS is a residential postcode situated on Keene Way, Chelmsford, CM2 with 49 addresses.
It ranks as the 1121st largest and 740th most expensive of the 1,224 postcodes in the CM2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 49 properties: 48 houses and 1 flat.
CM2 8NS is a residential postcode situated on Keene Way, Chelmsford, CM2 with 49 addresses.
It ranks as the 1121st largest and 740th most expensive of the 1,224 postcodes in the CM2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 49 properties: 48 houses and 1 flat.
Sale prices range from £246,247 for 2 bedroom leasehold flats (742 ft2) to £616,350 for 5 bedroom freehold houses with a garden (1,847 ft2) .
Monthly rental prices range from £1,262 pcm for 2 bed flats to £2,375 pcm for 5 bed houses.
The gross rental yield is between 4.5% and 6.1%.
The average value per square foot is £428.
The last sale in CM2 8NS sold for £422,500 on 12th December 2025. Since then prices have on average remained the same.
The current average value in the postcode is £443,394.
The CM2 8NS Sales Market has increased by 18.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £443,394 |
| May 2025 | 0.2% | £448,440 |
| May 2024 | -1.9% | £447,336 |
| May 2023 | -0.4% | £455,806 |
| May 2022 | 8.3% | £457,622 |
| May 2021 | 4.9% | £422,511 |
| May 2020 | 0.5% | £402,902 |
| May 2019 | 0.9% | £400,897 |
| May 2018 | 1% | £397,484 |
| May 2017 | 4.9% | £393,701 |
| May 2016 | 11.4% | £375,143 |
| May 2015 | 10.1% | £336,678 |
| May 2014 | 9.2% | £305,843 |
| May 2013 | 1.1% | £280,126 |
| May 2012 | 1.5% | £277,078 |
| May 2011 | -0.4% | £272,855 |
| May 2010 | 8.3% | £273,894 |
| May 2009 | -9.3% | £252,943 |
| May 2008 | 0.8% | £278,860 |
| May 2007 | 0% | £276,701 |
The current average rental value in the postcode is £1,826.
The CM2 8NS Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.3% | £1,826pcm |
| May 2025 | 4.4% | £1,768pcm |
| May 2024 | 8.4% | £1,694pcm |
| May 2023 | 10.3% | £1,563pcm |
| May 2022 | 6% | £1,417pcm |
| May 2021 | 5.4% | £1,336pcm |
| May 2020 | 1.4% | £1,268pcm |
| May 2019 | 1.8% | £1,251pcm |
| May 2018 | -0.2% | £1,228pcm |
| May 2017 | 2.6% | £1,231pcm |
| May 2016 | 4.2% | £1,199pcm |
| May 2015 | 4% | £1,151pcm |
| May 2014 | 4% | £1,106pcm |
| May 2013 | 2% | £1,064pcm |
| May 2012 | 2% | £1,043pcm |
| May 2011 | 3.7% | £1,022pcm |
| May 2010 | 5.9% | £986pcm |
| May 2009 | -5.5% | £932pcm |
| May 2008 | 5.4% | £986pcm |
| May 2007 | 0% | £935pcm |
The last sale was on 12th December 2025 for £422,500 and since then the market in the area has remained stable. The postcode has had a total of 45 sales since 1995.
CM2 8NS has seen 4 sales in the last three years and 2 sales in the last twelve months.
CM2 8NS is the 1121st largest and the 740th most expensive postcode out of the 1,224 postcodes in the CM2 area.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 8NS, 58.5% of property is privately owned outright and 34.1% 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 8NS, 16.0% of residents are recorded as possessing school level qualifications and 23.1% 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 8NS, the average age was 44 and the most common age was 57.
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 8NS, 2.2% 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 8NS, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.