Palm Close - CM2 9NL
Key Postcode Insights
CM2 9NL is a residential postcode situated on Palm Close, Chelmsford, CM2 with 6 addresses.
It ranks as the 197th largest and 585th 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 6 properties: 6 houses.
- Ave. Sale Price
- £401,830
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £1,768pcm
- 10 Year change
- up 58.3%
- Ave. £ per ft²
- £418/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
CM2 9NL is a residential postcode situated on Palm Close, Chelmsford, CM2 with 6 addresses.
It ranks as the 197th largest and 585th 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 6 properties: 6 houses.
- Ave. Sale Price
- £401,830
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £1,768pcm
- 10 Year change
- up 58.3%
- Ave. £ per ft²
- £418/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin CM2 9NL
- 1 Palm Close
4 Bed Mid-century House
- 3 Palm Close
Unknown
- 5 Palm Close
3 Bed Mid-century House
- 7 Palm Close
Unknown
- 9 Palm Close
Unknown
Sales Market Trends
The last sale in CM2 9NL sold for £375,000 on 26th November 2021. Since then prices are up an average of 2.0%.
The current average value in the postcode is £401,830.
The CM2 9NL Sales Market has increased by 18.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £401,830 |
| June 2025 | 1% | £409,884 |
| June 2024 | -1% | £405,886 |
| June 2023 | -1.8% | £409,909 |
| June 2022 | 9.6% | £417,264 |
| June 2021 | 5.6% | £380,596 |
| June 2020 | 0.6% | £360,449 |
| June 2019 | 0.6% | £358,255 |
| June 2018 | 1.2% | £356,057 |
| June 2017 | 4.1% | £351,798 |
| June 2016 | 12.7% | £338,081 |
| June 2015 | 11.7% | £299,991 |
| June 2014 | 11.1% | £268,522 |
| June 2013 | 1.7% | £241,722 |
| June 2012 | 1.2% | £237,576 |
| June 2011 | -1% | £234,764 |
| June 2010 | 9.1% | £237,168 |
| June 2009 | -8.5% | £217,359 |
| June 2008 | -2% | £237,584 |
| June 2007 | 0% | £242,387 |
Rental Market Trends
The current average rental value in the postcode is £1,768.
The CM2 9NL Rental Market has increased by 58.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,768pcm |
| June 2025 | 5.2% | £1,704pcm |
| June 2024 | 8.2% | £1,619pcm |
| June 2023 | 10.5% | £1,497pcm |
| June 2022 | 7.3% | £1,354pcm |
| June 2021 | 6.3% | £1,262pcm |
| June 2020 | 1.2% | £1,187pcm |
| June 2019 | 1.6% | £1,172pcm |
| June 2018 | 0.8% | £1,155pcm |
| June 2017 | 2.5% | £1,145pcm |
| June 2016 | 4.9% | £1,117pcm |
| June 2015 | 5.5% | £1,065pcm |
| June 2014 | 5.3% | £1,009pcm |
| June 2013 | 2% | £958pcm |
| June 2012 | 1.8% | £939pcm |
| June 2011 | 3.5% | £923pcm |
| June 2010 | 7.4% | £892pcm |
| June 2009 | -6.1% | £830pcm |
| June 2008 | 3.5% | £884pcm |
| June 2007 | 0% | £854pcm |
Sales History
The last sale was on 26th November 2021 for £375,000 and since then the market in the area has increased by 2.0%. The postcode has had a total of 5 sales since 1995.
CM2 9NL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2021£375,000 | 3 Bed House5, Palm Close, Chelmsford, CM2 9NL5, Palm Close, Chelmsford, CM2 9NL
- Sold Mar 2019£335,000 | 3 Bed House5, Palm Close, Chelmsford, CM2 9NL5, Palm Close, Chelmsford, CM2 9NL
- Sold Apr 2001£98,000 | 3 Bed House9, Palm Close, Chelmsford, CM2 9NL9, Palm Close, Chelmsford, CM2 9NL
- Sold Sep 1998£69,000 | 3 Bed House5, Palm Close, Chelmsford, CM2 9NL5, Palm Close, Chelmsford, CM2 9NL
- Sold Jul 1995£47,000 | 3 Bed House5, Palm Close, Chelmsford, CM2 9NL5, Palm Close, Chelmsford, CM2 9NL
Nearby Postcodes
CM2 9NL is the 197th largest and the 585th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- CM2 9NN, Palm Close, Chelmsford, CM2CM2 9NN4 Addresses|39 m away
- CM2 9NQ, Lime Walk, Chelmsford, CM2CM2 9NQ14 Addresses|67 m away
- CM2 9NG, Lime Walk, Chelmsford, CM2CM2 9NG38 Addresses|75 m away
- CM2 9ST, Honeypots, Chelmsford, CM2CM2 9ST4 Addresses|78 m away
- CM2 9NA, Sycamore Way, Chelmsford, CM2CM2 9NA9 Addresses|88 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Nov 2021£375,000 | 3 Bed House5, Palm Close, Chelmsford, CM2 9NL5, Palm Close, Chelmsford, CM2 9NL
- Sold Mar 2019£335,000 | 3 Bed House5, Palm Close, Chelmsford, CM2 9NL5, Palm Close, Chelmsford, CM2 9NL
- Sold Apr 2001£98,000 | 3 Bed House9, Palm Close, Chelmsford, CM2 9NL9, Palm Close, Chelmsford, CM2 9NL
Schools Nearby
- Beehive Lane Community Primary School300 m away
- Mildmay Primary School700 m away
- Moulsham Infant School900 m away
- Great Baddow High School500 m away
- Moulsham High School700 m away
- The Sandon School2.6 km away
More reading links
Public Transport Nearby
The closest station to CM2 9NL is Chelmsford station, which is 2.5 kilometres away.
- Chelmsford|2.5 km away
- Beaulieu Park|5.5 km away
- Ingatestone|8.4 km away
- Billericay|10.4 km away
