CM2 9GE

Princes Road, Chelmsford, East of England

CM2 9GEHouse Prices / East of England, Chelmsford, Princes Road

Name: CM2 9GE
Address: CM2 9GE, Chelmsford, East of England, CM2 9GE, United Kingdom

Last updated May 2026

Key Postcode Insights

CM2 9GE is a residential postcode situated on Princes Road, Chelmsford, CM2 with 58 addresses.

It ranks as the 1178th largest and 690th 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 58 properties: 58 flats.

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Flats

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Key Postcode Insights

CM2 9GE is a residential postcode situated on Princes Road, Chelmsford, CM2 with 58 addresses.

It ranks as the 1178th largest and 690th 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 58 properties: 58 flats.

Properties

Flats

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House Pricesin CM2 9GE

Sale prices range from £300,917 for 3 bedroom leasehold flats with a balcony (893 ft²) to £465,005 for 3 bedroom leasehold flats with a balcony (1,011 ft²) .

Monthly rental prices range from £1,331 pcm for 3 bed flats to £2,058 pcm for 3 bed flats.

The gross rental yield is between 5.3% and 5.7%.

The average value per square foot is £491.

Average Sale Value

£388,290

Average Rental Value

£1,748 pcm

Average Rental Yield

5.4% /year

Average Value Per Sqft

£491 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin CM2 9GE

The last sale in CM2 9GE sold for £277,500 on 16th February 2026. Since then prices are down an average of 1.6%.

The current average value in the postcode is £388,290.
The CM2 9GE Sales Market has increased by 1.3% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-4.8%	£388,290
April 2025	-1.9%	£407,864
April 2024	-3.4%	£415,603
April 2023	0.4%	£430,022
April 2022	6.6%	£428,439
April 2021	0.4%	£401,957
April 2020	0.1%	£400,363
April 2019	-0.4%	£400,095
April 2018	0.2%	£401,778
April 2017	4.6%	£400,918
April 2016	10.2%	£383,308
April 2015	8.9%	£347,910
April 2014	9.3%	£319,339
April 2013	1.6%	£292,050
April 2012	0.9%	£287,345
April 2011	-2.3%	£284,852
April 2010	6.6%	£291,548
April 2009	-11.8%	£273,598
April 2008	1.2%	£310,361
April 2007	0%	£306,828

Rental Market Trendsin CM2 9GE

The current average rental value in the postcode is £1,748.
The CM2 9GE Rental Market has increased by 32.8% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	1.6%	£1,748pcm
April 2025	2.3%	£1,721pcm
April 2024	7.9%	£1,683pcm
April 2023	9.9%	£1,559pcm
April 2022	4.3%	£1,419pcm
April 2021	0.9%	£1,361pcm
April 2020	1.5%	£1,349pcm
April 2019	0.5%	£1,329pcm
April 2018	-1.1%	£1,323pcm
April 2017	1.7%	£1,338pcm
April 2016	3.4%	£1,316pcm
April 2015	2.7%	£1,273pcm
April 2014	4.6%	£1,239pcm
April 2013	2.5%	£1,185pcm
April 2012	1.6%	£1,156pcm
April 2011	1.6%	£1,137pcm
April 2010	3.3%	£1,119pcm
April 2009	-7%	£1,083pcm
April 2008	5.4%	£1,165pcm
April 2007	0%	£1,105pcm

Explore Buildingsin CM2 9GE, Princes Road, Chelmsford, CM2

Miami House, Princes Road, Chelmsford, CM2 Modern building 58 units

Sales History
in CM2 9GE

The last sale was on 16th February 2026 for £277,500 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 102 sales since 1995.