The Common - CM2 8TP
Key Postcode Insights
CM2 8TP is a residential postcode situated on The Common, Galleywood, Chelmsford, CM2 with 1 addresses.
It ranks as the 31st largest and 1215th 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 1 properties: 1 house.
- Ave. Sale Price
- £1,154,238
- 10 Year change
- up 19.1%
- Ave. Rental Price
- £3,770pcm
- 10 Year change
- up 57.8%
- Ave. £ per ft²
- £496/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
CM2 8TP is a residential postcode situated on The Common, Galleywood, Chelmsford, CM2 with 1 addresses.
It ranks as the 31st largest and 1215th 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 1 properties: 1 house.
- Ave. Sale Price
- £1,154,238
- 10 Year change
- up 19.1%
- Ave. Rental Price
- £3,770pcm
- 10 Year change
- up 57.8%
- Ave. £ per ft²
- £496/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Sales Market Trends
The last sale in CM2 8TP sold for £950,000 on 12th May 2016. Since then prices are up an average of 20.4%.
The current average value in the postcode is £1,154,238.
The CM2 8TP Sales Market has increased by 19.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £1,154,238 |
| June 2025 | 0.5% | £1,176,126 |
| June 2024 | -2.5% | £1,169,894 |
| June 2023 | -0.6% | £1,199,379 |
| June 2022 | 8.3% | £1,206,925 |
| June 2021 | 6.4% | £1,114,038 |
| June 2020 | 1.2% | £1,046,728 |
| June 2019 | 1.8% | £1,034,119 |
| June 2018 | 0.6% | £1,016,277 |
| June 2017 | 4.2% | £1,009,934 |
| June 2016 | 10.7% | £969,173 |
| June 2015 | 8% | £875,203 |
| June 2014 | 10.1% | £810,129 |
| June 2013 | 2% | £735,995 |
| June 2012 | 1.7% | £721,735 |
| June 2011 | -0.4% | £709,920 |
| June 2010 | 11.1% | £712,525 |
| June 2009 | -7.1% | £641,099 |
| June 2008 | -0.2% | £690,088 |
| June 2007 | 0% | £691,454 |
Rental Market Trends
The current average rental value in the postcode is £3,770.
The CM2 8TP Rental Market has increased by 57.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £3,770pcm |
| June 2025 | 4.4% | £3,635pcm |
| June 2024 | 6.9% | £3,483pcm |
| June 2023 | 11.5% | £3,258pcm |
| June 2022 | 6.2% | £2,921pcm |
| June 2021 | 7.4% | £2,751pcm |
| June 2020 | 1.6% | £2,562pcm |
| June 2019 | 3% | £2,521pcm |
| June 2018 | 0.1% | £2,447pcm |
| June 2017 | 2.3% | £2,445pcm |
| June 2016 | 3.2% | £2,389pcm |
| June 2015 | 2.8% | £2,314pcm |
| June 2014 | 4.1% | £2,252pcm |
| June 2013 | 2.7% | £2,163pcm |
| June 2012 | 1.9% | £2,105pcm |
| June 2011 | 3.4% | £2,065pcm |
| June 2010 | 8.6% | £1,997pcm |
| June 2009 | -3.6% | £1,839pcm |
| June 2008 | 4.8% | £1,908pcm |
| June 2007 | 0% | £1,821pcm |
Sales History
The last sale was on 12th May 2016 for £950,000 and since then the market in the area has increased by 20.4%. The postcode has had a total of 2 sales since 1995.
CM2 8TP has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
CM2 8TP is the 31st largest and the 1215th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- CM2 8PL, The Common, Galleywood, Chelmsford, CM2CM2 8PL3 Addresses|188 m away
- CM2 8PW, Stock Road, West Hanningfield, Chelmsford, CM2CM2 8PW11 Addresses|202 m away
- CM2 8PJ, Horse & Groom Lane, Chelmsford, CM2CM2 8PJ17 Addresses|232 m away
- CM2 8TS, Margaretting Road, Galleywood, Chelmsford, CM2CM2 8TS9 Addresses|291 m away
- CM2 8PG, Goat Hall Lane, Chelmsford, CM2CM2 8PG12 Addresses|295 m away
Property Types
- 1 modern house built after 1980
- modern house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Apr 2021£1,215,750 | 5 Bed HouseThe Ridings, The Common, Chelmsford, CM2 8JXThe Ridings, The Common, Chelmsford, CM2 8JX
- Sold May 2016£950,000 | 5 Bed HouseTwo Oaks, The Common, Chelmsford, CM2 8TPTwo Oaks, The Common, Chelmsford, CM2 8TP
- Sold Dec 2020£937,500 | 4 Bed HouseLittle Mead, The Common, Chelmsford, CM2 8JXLittle Mead, The Common, Chelmsford, CM2 8JX
Schools Nearby
- Galleywood Infant School800 m away
- St Michael's Church of England Voluntary Aided Junior School800 m away
- Mildmay Primary School1.3 km away
- Moulsham High School2.1 km away
- Great Baddow High School2.2 km away
- Hylands School3.6 km away
More reading links
Public Transport Nearby
The closest station to CM2 8TP is Chelmsford station, which is 4.1 kilometres away.
- Chelmsford|4.1 km away
- Ingatestone|6.5 km away
- Beaulieu Park|7.5 km away
- Billericay|8.5 km away
