CM2 9BJ is a residential postcode situated on Wood Street, Chelmsford, CM2 with 11 addresses.
It ranks as the 357th largest and 160th most expensive of the 1,224 postcodes in the CM2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 11 flats.
CM2 9BJ is a residential postcode situated on Wood Street, Chelmsford, CM2 with 11 addresses.
It ranks as the 357th largest and 160th most expensive of the 1,224 postcodes in the CM2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 11 flats.
Sale prices range from £220,840 for 2 bedroom leasehold flats (635 ft2) to £249,078 for 3 bedroom leasehold flats (796 ft2) .
Monthly rental prices range from £1,204 pcm for 2 bed flats to £1,312 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 6.5%.
The average value per square foot is £325.
The last sale in CM2 9BJ sold for £235,000 on 14th June 2024. Since then prices are down an average of 4.8%.
The current average value in the postcode is £233,761.
The CM2 9BJ Sales Market has increased by 2.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4% | £233,761 |
| April 2025 | -0.9% | £243,579 |
| April 2024 | -2.2% | £245,809 |
| April 2023 | -0.2% | £251,307 |
| April 2022 | 6.3% | £251,770 |
| April 2021 | 0.6% | £236,800 |
| April 2020 | -0.2% | £235,424 |
| April 2019 | -0.1% | £235,824 |
| April 2018 | -0.2% | £236,084 |
| April 2017 | 4.1% | £236,465 |
| April 2016 | 11.1% | £227,128 |
| April 2015 | 9.4% | £204,463 |
| April 2014 | 9% | £186,876 |
| April 2013 | 1.3% | £171,486 |
| April 2012 | 0.6% | £169,246 |
| April 2011 | -2.2% | £168,205 |
| April 2010 | 5.7% | £171,968 |
| April 2009 | -11.7% | £162,707 |
| April 2008 | 1% | £184,271 |
| April 2007 | 0% | £182,460 |
The current average rental value in the postcode is £1,237.
The CM2 9BJ Rental Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,237pcm |
| April 2025 | 3.3% | £1,208pcm |
| April 2024 | 9.2% | £1,170pcm |
| April 2023 | 9.3% | £1,072pcm |
| April 2022 | 4% | £981pcm |
| April 2021 | 1.1% | £943pcm |
| April 2020 | 1.2% | £933pcm |
| April 2019 | 0.8% | £921pcm |
| April 2018 | -1.5% | £914pcm |
| April 2017 | 1.2% | £928pcm |
| April 2016 | 4.2% | £917pcm |
| April 2015 | 3.2% | £880pcm |
| April 2014 | 4.2% | £853pcm |
| April 2013 | 2.2% | £818pcm |
| April 2012 | 1.4% | £800pcm |
| April 2011 | 1.7% | £790pcm |
| April 2010 | 2.5% | £776pcm |
| April 2009 | -6.9% | £758pcm |
| April 2008 | 5.3% | £814pcm |
| April 2007 | 0% | £773pcm |
The last sale was on 14th June 2024 for £235,000 and since then the market in the area has decreased by 4.8%. The postcode has had a total of 28 sales since 1995.
CM2 9BJ has seen 2 sales in the last three years and no sales in the last twelve months.
CM2 9BJ is the 357th largest and the 160th most expensive postcode out of the 1,224 postcodes in the CM2 area.
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The closest station to CM2 9BJ is Chelmsford station which is 2.0 kilometres away.
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