CM2 9NZ is a residential postcode situated on Gunson Gate, Chelmsford, CM2 with 23 addresses.
It ranks as the 743rd largest and 944th most expensive of the 1,224 postcodes in the CM2 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 23 properties: 23 houses.
CM2 9NZ is a residential postcode situated on Gunson Gate, Chelmsford, CM2 with 23 addresses.
It ranks as the 743rd largest and 944th most expensive of the 1,224 postcodes in the CM2 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 23 properties: 23 houses.
Sale prices range from £448,482 for 3 bedroom freehold houses with a garden (871 ft2) to £561,144 for 4 bedroom freehold houses with a garden (1,291 ft2) .
Monthly rental prices range from £1,658 pcm for 3 bed houses to £1,943 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 4.4%.
The average value per square foot is £451.
The last sale in CM2 9NZ sold for £495,000 on 17th September 2025. Since then prices are down an average of 2.9%.
The current average value in the postcode is £520,159.
The CM2 9NZ Sales Market has increased by 18.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £520,159 |
| April 2025 | 0.4% | £539,506 |
| April 2024 | -2.4% | £537,351 |
| April 2023 | 0.7% | £550,609 |
| April 2022 | 9.5% | £546,781 |
| April 2021 | 5.2% | £499,400 |
| April 2020 | -0.6% | £474,618 |
| April 2019 | 1.3% | £477,306 |
| April 2018 | 1.3% | £471,265 |
| April 2017 | 6.1% | £465,437 |
| April 2016 | 12.1% | £438,564 |
| April 2015 | 10.6% | £391,235 |
| April 2014 | 10.5% | £353,643 |
| April 2013 | 4.9% | £320,179 |
| April 2012 | 1.5% | £305,135 |
| April 2011 | -1.5% | £300,723 |
| April 2010 | 6.8% | £305,424 |
| April 2009 | -10.8% | £286,073 |
| April 2008 | 1.6% | £320,756 |
| April 2007 | 0% | £315,849 |
The current average rental value in the postcode is £1,846.
The CM2 9NZ Rental Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,846pcm |
| April 2025 | 5% | £1,792pcm |
| April 2024 | 8.8% | £1,707pcm |
| April 2023 | 10.5% | £1,569pcm |
| April 2022 | 6.9% | £1,420pcm |
| April 2021 | 5.7% | £1,328pcm |
| April 2020 | 1.1% | £1,256pcm |
| April 2019 | 1.9% | £1,243pcm |
| April 2018 | 0% | £1,219pcm |
| April 2017 | 3.4% | £1,220pcm |
| April 2016 | 5.2% | £1,180pcm |
| April 2015 | 4.2% | £1,122pcm |
| April 2014 | 5.7% | £1,077pcm |
| April 2013 | 5.7% | £1,019pcm |
| April 2012 | 2.3% | £964pcm |
| April 2011 | 2.7% | £942pcm |
| April 2010 | 3.8% | £917pcm |
| April 2009 | -6.3% | £884pcm |
| April 2008 | 5.9% | £943pcm |
| April 2007 | 0% | £891pcm |
The last sale was on 17th September 2025 for £495,000 and since then the market in the area has decreased by 2.9%. The postcode has had a total of 50 sales since 1995.
CM2 9NZ has seen 3 sales in the last three years and 2 sales in the last twelve months.
CM2 9NZ is the 743rd largest and the 944th most expensive postcode out of the 1,224 postcodes in the CM2 area.
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The closest station to CM2 9NZ is Chelmsford station which is 2.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around CM2 9NZ, 42.1% of property is privately owned outright and 41.3% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CM2 9NZ, 17.7% of residents are recorded as possessing school level qualifications and 30.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CM2 9NZ, the average age was 41.7 and the most common age was 47.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CM2 9NZ, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CM2 9NZ, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.