Watchouse Road - CM2 8PU
Key Postcode Insights
CM2 8PU is a residential postcode situated on Watchouse Road, Chelmsford, CM2 with 21 addresses.
It ranks as the 689th largest and 328th 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 21 properties: 13 houses and 8 flats.
- Ave. Sale Price
- £364,901
- 10 Year change
- up 14.6%
- Ave. Rental Price
- £1,499pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £473/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
CM2 8PU is a residential postcode situated on Watchouse Road, Chelmsford, CM2 with 21 addresses.
It ranks as the 689th largest and 328th 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 21 properties: 13 houses and 8 flats.
- Ave. Sale Price
- £364,901
- 10 Year change
- up 14.6%
- Ave. Rental Price
- £1,499pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £473/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin CM2 8PU
- 31 Watchouse Road
2 Bed Mid-century House
- 33 Watchouse Road
2 Bed Mid-century House
- 35 Watchouse Road
2 Bed Mid-century House
- 37 Watchouse Road
2 Bed Mid-century House
- 43 Watchouse Road
3 Bed Mid-century Flat
Sales Market Trends
The last sale in CM2 8PU sold for £562,500 on 18th November 2022. Since then prices are down an average of 5.1%.
The current average value in the postcode is £364,901.
The CM2 8PU Sales Market has increased by 14.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £364,901 |
| June 2025 | 0.4% | £372,489 |
| June 2024 | -1.4% | £370,975 |
| June 2023 | -1.5% | £376,114 |
| June 2022 | 8.4% | £381,811 |
| June 2021 | 4.4% | £352,143 |
| June 2020 | 1% | £337,345 |
| June 2019 | 0.6% | £333,937 |
| June 2018 | 0.7% | £332,060 |
| June 2017 | 3.6% | £329,844 |
| June 2016 | 12% | £318,377 |
| June 2015 | 10.1% | £284,171 |
| June 2014 | 10.6% | £258,188 |
| June 2013 | 1.4% | £233,504 |
| June 2012 | 1.1% | £230,388 |
| June 2011 | -0.8% | £227,860 |
| June 2010 | 8.6% | £229,793 |
| June 2009 | -9.2% | £211,674 |
| June 2008 | -0.9% | £233,202 |
| June 2007 | 0% | £235,371 |
Rental Market Trends
The current average rental value in the postcode is £1,499.
The CM2 8PU Rental Market has increased by 51.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,499pcm |
| June 2025 | 4.2% | £1,447pcm |
| June 2024 | 8.1% | £1,388pcm |
| June 2023 | 10.6% | £1,285pcm |
| June 2022 | 6.3% | £1,162pcm |
| June 2021 | 5.3% | £1,093pcm |
| June 2020 | 1.4% | £1,038pcm |
| June 2019 | 1.8% | £1,023pcm |
| June 2018 | 0.1% | £1,005pcm |
| June 2017 | 1.7% | £1,004pcm |
| June 2016 | 4.4% | £987pcm |
| June 2015 | 4.7% | £945pcm |
| June 2014 | 4.6% | £902pcm |
| June 2013 | 2.1% | £863pcm |
| June 2012 | 1.4% | £845pcm |
| June 2011 | 2.9% | £833pcm |
| June 2010 | 6.1% | £810pcm |
| June 2009 | -5.8% | £763pcm |
| June 2008 | 4.1% | £811pcm |
| June 2007 | 0% | £779pcm |
Sales History
The last sale was on 18th November 2022 for £562,500 and since then the market in the area has decreased by 5.1%. The postcode has had a total of 14 sales since 1995.
CM2 8PU has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£562,500 | 3 Bed House60, Watchouse Road, Chelmsford, CM2 8PU60, Watchouse Road, Chelmsford, CM2 8PU
- Sold Aug 2022£242,200 | 3 Bed Flat67, Watchouse Road, Chelmsford, CM2 8PU67, Watchouse Road, Chelmsford, CM2 8PU
- Sold Sep 2021£565,000 | 4 Bed House62, Watchouse Road, Chelmsford, CM2 8PU62, Watchouse Road, Chelmsford, CM2 8PU
- Sold Jun 2019£1,000 | 2 Bed House61, Watchouse Road, Chelmsford, CM2 8PU61, Watchouse Road, Chelmsford, CM2 8PU
- Sold Apr 2018£185,000 | 3 Bed Flat67, Watchouse Road, Chelmsford, CM2 8PU67, Watchouse Road, Chelmsford, CM2 8PU
Nearby Postcodes
CM2 8PU is the 689th largest and the 328th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- CM2 8PX, Pyms Road, Chelmsford, CM2CM2 8PX69 Addresses|99 m away
- CM2 8RH, Skinners Lane, Chelmsford, CM2CM2 8RH21 Addresses|138 m away
- CM2 8RB, Grey Ladys, Chelmsford, CM2CM2 8RB11 Addresses|142 m away
- CM2 8QY, Well Lane, Galleywood, Chelmsford, CM2CM2 8QY37 Addresses|152 m away
- CM2 8NX, Willow Bank, Chelmsford, CM2CM2 8NX10 Addresses|154 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 modern flat built after 1980
- 7 mid-century houses built between 1936 and 1979
- 7 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- period house (2)
- modern flat (1)
- mid-century house (7)
- mid-century flat (7)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (7)
- G (0)
- D (8)
- No EPC (4)
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 School300 m away
- Galleywood Infant School300 m away
- Mildmay Primary School1.2 km away
- Great Baddow High School1.8 km away
- Moulsham High School2.0 km away
- The Sandon School3.6 km away
More reading links
Public Transport Nearby
The closest station to CM2 8PU is Chelmsford station, which is 4.0 kilometres away.
- Chelmsford|4.0 km away
- Ingatestone|7.0 km away
- Beaulieu Park|7.2 km away
- Billericay|8.7 km away