Well Lane - CM2 8QY
Key Postcode Insights
CM2 8QY is a residential postcode situated on Well Lane, Galleywood, Chelmsford, CM2 with 37 addresses.
It ranks as the 992nd largest and 826th most expensive of the 1,224 postcodes in the CM2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 37 properties: 37 houses.
- Ave. Sale Price
- £516,177
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £2,001pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £436/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
CM2 8QY is a residential postcode situated on Well Lane, Galleywood, Chelmsford, CM2 with 37 addresses.
It ranks as the 992nd largest and 826th most expensive of the 1,224 postcodes in the CM2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 37 properties: 37 houses.
- Ave. Sale Price
- £516,177
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £2,001pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £436/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin CM2 8QY
- 1 Well Lane
3 Bed Mid-century House
- 2 Well Lane
Unknown
- 3 Well Lane
3 Bed Mid-century House
- 4 Well Lane
Unknown
- 5 Well Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in CM2 8QY sold for £460,000 on 30th September 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £516,177.
The CM2 8QY Sales Market has increased by 18.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £516,177 |
| June 2025 | 1% | £526,028 |
| June 2024 | -2% | £520,978 |
| June 2023 | -1.1% | £531,559 |
| June 2022 | 8.9% | £537,515 |
| June 2021 | 6.1% | £493,808 |
| June 2020 | 0.9% | £465,335 |
| June 2019 | 1.2% | £461,085 |
| June 2018 | 0.8% | £455,584 |
| June 2017 | 4.1% | £451,746 |
| June 2016 | 11.6% | £434,160 |
| June 2015 | 9.5% | £388,872 |
| June 2014 | 10.7% | £355,039 |
| June 2013 | 1.7% | £320,858 |
| June 2012 | 1.6% | £315,472 |
| June 2011 | -0.3% | £310,542 |
| June 2010 | 10.6% | £311,474 |
| June 2009 | -8.2% | £281,604 |
| June 2008 | -0.8% | £306,807 |
| June 2007 | 0% | £309,386 |
Rental Market Trends
The current average rental value in the postcode is £2,001.
The CM2 8QY Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £2,001pcm |
| June 2025 | 4.8% | £1,930pcm |
| June 2024 | 7.4% | £1,841pcm |
| June 2023 | 11% | £1,714pcm |
| June 2022 | 6.7% | £1,544pcm |
| June 2021 | 7.1% | £1,447pcm |
| June 2020 | 1.3% | £1,352pcm |
| June 2019 | 2.5% | £1,334pcm |
| June 2018 | 0.3% | £1,302pcm |
| June 2017 | 2.2% | £1,298pcm |
| June 2016 | 4.1% | £1,270pcm |
| June 2015 | 4.2% | £1,220pcm |
| June 2014 | 4.7% | £1,171pcm |
| June 2013 | 2.5% | £1,119pcm |
| June 2012 | 1.9% | £1,092pcm |
| June 2011 | 3.5% | £1,072pcm |
| June 2010 | 8.1% | £1,036pcm |
| June 2009 | -4.8% | £959pcm |
| June 2008 | 4.1% | £1,007pcm |
| June 2007 | 0% | £967pcm |
Sales History
The last sale was on 30th September 2025 for £460,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 37 sales since 1995.
CM2 8QY has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£460,000 | 3 Bed House13, Well Lane, Chelmsford, CM2 8QY13, Well Lane, Chelmsford, CM2 8QY
- Sold Jan 2025£447,000 | 3 Bed House5, Well Lane, Chelmsford, CM2 8QY5, Well Lane, Chelmsford, CM2 8QY
- Sold Dec 2024£425,000 | 3 Bed House11, Well Lane, Chelmsford, CM2 8QY11, Well Lane, Chelmsford, CM2 8QY
- Sold Mar 2024£150,000 | 3 Bed House5, Well Lane, Chelmsford, CM2 8QY5, Well Lane, Chelmsford, CM2 8QY
- Sold Oct 2023£450,000 | 3 Bed House23, Well Lane, Chelmsford, CM2 8QY23, Well Lane, Chelmsford, CM2 8QY
Nearby Postcodes
CM2 8QY is the 992nd largest and the 826th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- CM2 8RB, Grey Ladys, Chelmsford, CM2CM2 8RB11 Addresses|68 m away
- CM2 8NX, Willow Bank, Chelmsford, CM2CM2 8NX10 Addresses|145 m away
- CM2 8PU, Watchouse Road, Chelmsford, CM2CM2 8PU21 Addresses|152 m away
- CM2 8QJ, Attwoods Close, Chelmsford, CM2CM2 8QJ38 Addresses|153 m away
- CM2 8WA, Homemead, Galleywood, Chelmsford, CM2CM2 8WA50 Addresses|158 m away
Property Types
- 3 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 4 houses of an unknown age
- 7 early-century houses built between 1912 and 1935
- 17 other addresses of unknown type
- modern house (3)
- mid-century house (6)
- house (4)
- early-century house (7)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (2)
- F (1)
- C (3)
- G (0)
- D (5)
- No EPC (21)
Top 3 Most Expensive Sales
- Sold Aug 2016£900,000 | 5 Bed House40A, Well Lane, Chelmsford, CM2 8QY40A, Well Lane, Chelmsford, CM2 8QY
- Sold Mar 2025£690,000 | 4 Bed House107, Well Lane, Chelmsford, CM2 8QZ107, Well Lane, Chelmsford, CM2 8QZ
- Sold Oct 2022£660,000 | 5 Bed House8, Well Lane, Chelmsford, CM2 8QY8, Well Lane, Chelmsford, CM2 8QY
Schools Nearby
- Galleywood Infant School200 m away
- St Michael's Church of England Voluntary Aided Junior School200 m away
- Mildmay Primary School1.3 km away
- Great Baddow High School1.9 km away
- Moulsham High School2.1 km away
- The Sandon School3.6 km away
More reading links
Public Transport Nearby
The closest station to CM2 8QY is Chelmsford station, which is 4.1 kilometres away.
- Chelmsford|4.1 km away
- Ingatestone|7.0 km away
- Beaulieu Park|7.2 km away
- Billericay|8.6 km away
