Cypress Drive - CM2 9LT
Key Postcode Insights
CM2 9LT is a residential postcode situated on Cypress Drive, Chelmsford, CM2 with 15 addresses.
It ranks as the 507th largest and 250th 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 15 properties: 15 houses.
- Ave. Sale Price
- £303,298
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £1,527pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £376/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
CM2 9LT is a residential postcode situated on Cypress Drive, Chelmsford, CM2 with 15 addresses.
It ranks as the 507th largest and 250th 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 15 properties: 15 houses.
- Ave. Sale Price
- £303,298
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £1,527pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £376/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin CM2 9LT
- 1 Cypress Drive
Unknown
- 2 Cypress Drive
3 Bed Mid-century House
- 3 Cypress Drive
Unknown
- 4 Cypress Drive
3 Bed Mid-century House
- 5 Cypress Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in CM2 9LT sold for £303,000 on 8th March 2024. Since then prices are down an average of 0.5%.
The current average value in the postcode is £303,298.
The CM2 9LT Sales Market has increased by 19.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £303,298 |
| June 2025 | 1% | £309,392 |
| June 2024 | -0.8% | £306,393 |
| June 2023 | -1.8% | £308,890 |
| June 2022 | 9.8% | £314,497 |
| June 2021 | 5.3% | £286,359 |
| June 2020 | 0.7% | £271,992 |
| June 2019 | 0.4% | £270,119 |
| June 2018 | 1.4% | £269,023 |
| June 2017 | 4.2% | £265,291 |
| June 2016 | 12.9% | £254,496 |
| June 2015 | 12% | £225,464 |
| June 2014 | 11.3% | £201,323 |
| June 2013 | 1.6% | £180,861 |
| June 2012 | 1.1% | £178,011 |
| June 2011 | -1% | £175,988 |
| June 2010 | 8.8% | £177,843 |
| June 2009 | -8.6% | £163,458 |
| June 2008 | -2.1% | £178,932 |
| June 2007 | 0% | £182,714 |
Rental Market Trends
The current average rental value in the postcode is £1,527.
The CM2 9LT Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,527pcm |
| June 2025 | 5.2% | £1,472pcm |
| June 2024 | 8.4% | £1,399pcm |
| June 2023 | 10.5% | £1,291pcm |
| June 2022 | 7.5% | £1,168pcm |
| June 2021 | 6% | £1,086pcm |
| June 2020 | 1.3% | £1,025pcm |
| June 2019 | 1.3% | £1,012pcm |
| June 2018 | 1% | £998pcm |
| June 2017 | 2.7% | £988pcm |
| June 2016 | 5.1% | £962pcm |
| June 2015 | 5.8% | £916pcm |
| June 2014 | 5.6% | £866pcm |
| June 2013 | 1.9% | £820pcm |
| June 2012 | 1.7% | £805pcm |
| June 2011 | 3.4% | £792pcm |
| June 2010 | 7.1% | £765pcm |
| June 2009 | -6.3% | £714pcm |
| June 2008 | 3.5% | £762pcm |
| June 2007 | 0% | £737pcm |
Sales History
The last sale was on 8th March 2024 for £303,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 15 sales since 1995.
CM2 9LT has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2024£303,000 | 3 Bed House4, Cypress Drive, Chelmsford, CM2 9LT4, Cypress Drive, Chelmsford, CM2 9LT
- Sold Jun 2023£370,000 | 4 Bed House6, Cypress Drive, Chelmsford, CM2 9LT6, Cypress Drive, Chelmsford, CM2 9LT
- Sold Nov 2020£307,500 | 3 Bed House2, Cypress Drive, Chelmsford, CM2 9LT2, Cypress Drive, Chelmsford, CM2 9LT
- Sold May 2012£175,000 | 3 Bed House5, Cypress Drive, Chelmsford, CM2 9LT5, Cypress Drive, Chelmsford, CM2 9LT
- Sold Dec 2010£199,995 | 3 Bed House4, Cypress Drive, Chelmsford, CM2 9LT4, Cypress Drive, Chelmsford, CM2 9LT
Nearby Postcodes
CM2 9LT is the 507th largest and the 250th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- CM2 9LY, Larch Grove, Chelmsford, CM2CM2 9LY12 Addresses|38 m away
- CM2 9JB, Donald Way, Chelmsford, CM2CM2 9JB17 Addresses|59 m away
- CM2 9JD, Donald Way, Chelmsford, CM2CM2 9JD23 Addresses|74 m away
- CM2 9LX, Larch Grove, Chelmsford, CM2CM2 9LX14 Addresses|85 m away
- CM2 9LU, Cypress Drive, Chelmsford, CM2CM2 9LU37 Addresses|101 m away
Property Types
- 1 modern house built after 1980
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 7 other addresses of unknown type
- modern house (1)
- mid-century house (6)
- house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (1)
- C (1)
- G (0)
- D (4)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Mar 2025£392,500 | 3 Bed House54, Cypress Drive, Chelmsford, CM2 9LU54, Cypress Drive, Chelmsford, CM2 9LU
- Sold Mar 2026£390,000 | 3 Bed House29, Cypress Drive, Chelmsford, CM2 9LU29, Cypress Drive, Chelmsford, CM2 9LU
- Sold Jun 2021£380,000 | 3 Bed House14, Cypress Drive, Chelmsford, CM2 9LU14, Cypress Drive, Chelmsford, CM2 9LU
Schools Nearby
- Moulsham Infant School600 m away
- Moulsham Junior School600 m away
- Beehive Lane Community Primary School600 m away
- Moulsham High School500 m away
- Great Baddow High School700 m away
- King Edward VI Grammar School, Chelmsford2.7 km away
More reading links
Public Transport Nearby
The closest station to CM2 9LT is Chelmsford station, which is 2.2 kilometres away.
- Chelmsford|2.2 km away
- Beaulieu Park|5.3 km away
- Ingatestone|8.5 km away
- Hatfield Peverel|10.5 km away
