Well Lane - CM2 8QZ
Key Postcode Insights
CM2 8QZ is a residential postcode situated on Well Lane, Galleywood, Chelmsford, CM2 with 73 addresses.
It ranks as the 1214th largest and 879th 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 73 properties: 73 houses.
- Ave. Sale Price
- £516,330
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £1,908pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
CM2 8QZ is a residential postcode situated on Well Lane, Galleywood, Chelmsford, CM2 with 73 addresses.
It ranks as the 1214th largest and 879th 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 73 properties: 73 houses.
- Ave. Sale Price
- £516,330
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £1,908pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin CM2 8QZ
- 39 Well Lane
3 Bed Period House
- 40 Well Lane
4 Bed Mid-century House
- 41A Well Lane
4 Bed Modern House
- 41B Well Lane
4 Bed Modern House
- 41C Well Lane
4 Bed Modern House
Sales Market Trends
The last sale in CM2 8QZ sold for £690,000 on 5th March 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £516,330.
The CM2 8QZ Sales Market has increased by 19.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £516,330 |
| June 2025 | 1% | £526,224 |
| June 2024 | -1.7% | £520,778 |
| June 2023 | -1.2% | £529,847 |
| June 2022 | 9.2% | £536,401 |
| June 2021 | 5.7% | £491,394 |
| June 2020 | 1% | £464,813 |
| June 2019 | 0.9% | £460,415 |
| June 2018 | 1.1% | £456,446 |
| June 2017 | 4.2% | £451,440 |
| June 2016 | 12% | £433,135 |
| June 2015 | 10.1% | £386,677 |
| June 2014 | 11% | £351,183 |
| June 2013 | 1.5% | £316,354 |
| June 2012 | 1.5% | £311,679 |
| June 2011 | -0.3% | £307,012 |
| June 2010 | 10.2% | £307,994 |
| June 2009 | -8.6% | £279,590 |
| June 2008 | -1.1% | £305,811 |
| June 2007 | 0% | £309,063 |
Rental Market Trends
The current average rental value in the postcode is £1,908.
The CM2 8QZ Rental Market has increased by 58.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,908pcm |
| June 2025 | 4.9% | £1,840pcm |
| June 2024 | 7.7% | £1,754pcm |
| June 2023 | 10.9% | £1,628pcm |
| June 2022 | 7% | £1,469pcm |
| June 2021 | 6.7% | £1,373pcm |
| June 2020 | 1.3% | £1,287pcm |
| June 2019 | 2.1% | £1,270pcm |
| June 2018 | 0.6% | £1,243pcm |
| June 2017 | 2.4% | £1,236pcm |
| June 2016 | 4.4% | £1,208pcm |
| June 2015 | 4.7% | £1,157pcm |
| June 2014 | 5% | £1,104pcm |
| June 2013 | 2.2% | £1,052pcm |
| June 2012 | 1.8% | £1,028pcm |
| June 2011 | 3.4% | £1,010pcm |
| June 2010 | 7.6% | £977pcm |
| June 2009 | -5.2% | £907pcm |
| June 2008 | 3.9% | £957pcm |
| June 2007 | 0% | £921pcm |
Sales History
The last sale was on 5th March 2025 for £690,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 85 sales since 1995.
CM2 8QZ has seen 8 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£690,000 | 4 Bed House107, Well Lane, Chelmsford, CM2 8QZ107, Well Lane, Chelmsford, CM2 8QZ
- Sold Aug 2024£400,000 | 3 Bed House88, Well Lane, Chelmsford, CM2 8QZ88, Well Lane, Chelmsford, CM2 8QZ
- Sold Mar 2024£520,000 | 3 Bed House89, Well Lane, Chelmsford, CM2 8QZ89, Well Lane, Chelmsford, CM2 8QZ
- Sold Jan 2024£370,000 | 3 Bed House87, Well Lane, Chelmsford, CM2 8QZ87, Well Lane, Chelmsford, CM2 8QZ
- Sold Sep 2023£650,000 | 4 Bed House42, Well Lane, Chelmsford, CM2 8QZ42, Well Lane, Chelmsford, CM2 8QZ
Nearby Postcodes
CM2 8QZ is the 1214th largest and the 879th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- CM2 8RG, Moretons, Galleywood, Chelmsford, CM2CM2 8RG25 Addresses|80 m away
- CM2 8WD, James Croft, Galleywood, Chelmsford, CM2CM2 8WD7 Addresses|97 m away
- CM2 8RX, Barnard Road, Galleywood, Chelmsford, CM2CM2 8RX8 Addresses|105 m away
- CM2 8RA, The Limes, Galleywood, Chelmsford, CM2CM2 8RA12 Addresses|113 m away
- CM2 8SL, West Lawn, Chelmsford, CM2CM2 8SL22 Addresses|128 m away
Property Types
- 9 period houses built between 1800 and 1911
- 4 modern houses built after 1980
- 17 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 12 early-century houses built between 1912 and 1935
- 30 other addresses of unknown type
- period house (9)
- modern house (4)
- mid-century house (17)
- house (1)
- early-century house (12)
- Unknown (30)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 42 properties.
- The most common rating is D.
- A (0)
- E (10)
- B (3)
- F (2)
- C (8)
- G (0)
- D (19)
- No EPC (31)
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 School400 m away
- St Michael's Church of England Voluntary Aided Junior School400 m away
- Mildmay Primary School1.6 km away
- Great Baddow High School2.1 km away
- Moulsham High School2.4 km away
- The Sandon School3.8 km away
More reading links
Public Transport Nearby
The closest station to CM2 8QZ is Chelmsford station, which is 4.4 kilometres away.
- Chelmsford|4.4 km away
- Ingatestone|6.8 km away
- Beaulieu Park|7.5 km away
- Billericay|8.4 km away