Wallace Crescent - CM2 9QN
Key Postcode Insights
CM2 9QN is a residential postcode situated on Wallace Crescent, Chelmsford, CM2 with 27 addresses.
It ranks as the 834th largest and 740th 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 27 properties: 27 houses.
- Ave. Sale Price
- £443,859
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £1,809pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £442/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
CM2 9QN is a residential postcode situated on Wallace Crescent, Chelmsford, CM2 with 27 addresses.
It ranks as the 834th largest and 740th 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 27 properties: 27 houses.
- Ave. Sale Price
- £443,859
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £1,809pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £442/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin CM2 9QN
- 39 Wallace Crescent
2 Bed Mid-century House
- 41 Wallace Crescent
3 Bed Early-century House
- 42 Wallace Crescent
3 Bed Early-century House
- 43 Wallace Crescent
Unknown
- 44 Wallace Crescent
Unknown
Sales Market Trends
The last sale in CM2 9QN sold for £475,000 on 14th January 2025. Since then prices are down an average of 0.4%.
The current average value in the postcode is £443,859.
The CM2 9QN Sales Market has increased by 18.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £443,859 |
| June 2025 | 0.7% | £452,722 |
| June 2024 | -1.4% | £449,616 |
| June 2023 | -1.5% | £456,152 |
| June 2022 | 9.1% | £462,906 |
| June 2021 | 6.1% | £424,190 |
| June 2020 | 0.7% | £399,871 |
| June 2019 | 1.2% | £397,013 |
| June 2018 | 0.9% | £392,378 |
| June 2017 | 3.9% | £388,937 |
| June 2016 | 11.9% | £374,172 |
| June 2015 | 10.5% | £334,274 |
| June 2014 | 10.5% | £302,586 |
| June 2013 | 2.1% | £273,901 |
| June 2012 | 1.3% | £268,311 |
| June 2011 | -1.1% | £264,892 |
| June 2010 | 9.8% | £267,753 |
| June 2009 | -7.6% | £243,948 |
| June 2008 | -1.5% | £264,101 |
| June 2007 | 0% | £268,076 |
Rental Market Trends
The current average rental value in the postcode is £1,809.
The CM2 9QN Rental Market has increased by 58.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,809pcm |
| June 2025 | 4.9% | £1,742pcm |
| June 2024 | 7.7% | £1,660pcm |
| June 2023 | 10.9% | £1,542pcm |
| June 2022 | 6.8% | £1,391pcm |
| June 2021 | 6.8% | £1,302pcm |
| June 2020 | 1.4% | £1,219pcm |
| June 2019 | 2.1% | £1,203pcm |
| June 2018 | 0.5% | £1,178pcm |
| June 2017 | 2.4% | £1,172pcm |
| June 2016 | 4.2% | £1,144pcm |
| June 2015 | 4.3% | £1,098pcm |
| June 2014 | 4.8% | £1,053pcm |
| June 2013 | 2.3% | £1,005pcm |
| June 2012 | 1.9% | £982pcm |
| June 2011 | 3.5% | £964pcm |
| June 2010 | 8.1% | £932pcm |
| June 2009 | -5.3% | £862pcm |
| June 2008 | 4.1% | £910pcm |
| June 2007 | 0% | £874pcm |
Sales History
The last sale was on 14th January 2025 for £475,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 34 sales since 1995.
CM2 9QN has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2025£475,000 | 4 Bed House65, Wallace Crescent, Chelmsford, CM2 9QN65, Wallace Crescent, Chelmsford, CM2 9QN
- Sold Oct 2024£425,000 | 3 Bed House45, Wallace Crescent, Chelmsford, CM2 9QN45, Wallace Crescent, Chelmsford, CM2 9QN
- Sold Jul 2022£575,000 | 4 Bed House60, Wallace Crescent, Chelmsford, CM2 9QN60, Wallace Crescent, Chelmsford, CM2 9QN
- Sold Mar 2021£430,000 | 3 Bed House59, Wallace Crescent, Chelmsford, CM2 9QN59, Wallace Crescent, Chelmsford, CM2 9QN
- Sold Jun 2020£545,000 | 5 Bed House46, Wallace Crescent, Chelmsford, CM2 9QN46, Wallace Crescent, Chelmsford, CM2 9QN
Nearby Postcodes
CM2 9QN is the 834th largest and the 740th most expensive postcode out of the 1,224 postcodes in the CM2 area.
- CM2 9GX, Goodwin Close, Chelmsford, CM2CM2 9GX56 Addresses|101 m away
- CM2 9RJ, Regal Close, Chelmsford, CM2CM2 9RJ7 Addresses|122 m away
- CM2 9QR, Baddow Road, Chelmsford, CM2CM2 9QR30 Addresses|136 m away
- CM2 0TD, Fraser Close, Chelmsford, CM2CM2 0TD36 Addresses|141 m away
- CM2 9QL, Wallace Crescent, Chelmsford, CM2CM2 9QL38 Addresses|145 m away
Property Types
- 1 modern house built after 1980
- 13 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 4 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- modern house (1)
- mid-century house (13)
- house (3)
- early-century house (4)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (1)
- E (3)
- B (0)
- F (0)
- C (3)
- G (1)
- D (10)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Oct 2018£580,000 | 5 Bed House63, Wallace Crescent, Chelmsford, CM2 9QN63, Wallace Crescent, Chelmsford, CM2 9QN
- Sold Jul 2022£575,000 | 4 Bed House60, Wallace Crescent, Chelmsford, CM2 9QN60, Wallace Crescent, Chelmsford, CM2 9QN
- Sold Oct 2024£550,000 | 3 Bed House27, Wallace Crescent, Chelmsford, CM2 9QL27, Wallace Crescent, Chelmsford, CM2 9QL
Schools Nearby
- Meadgate Primary School800 m away
- Moulsham Infant School900 m away
- Moulsham Junior School900 m away
- Moulsham High School1.0 km away
- Great Baddow High School1.1 km away
- King Edward VI Grammar School, Chelmsford2.3 km away
More reading links
Public Transport Nearby
The closest station to CM2 9QN is Chelmsford station, which is 1.8 kilometres away.
- Chelmsford|1.8 km away
- Beaulieu Park|4.5 km away
- Ingatestone|9.2 km away
- Hatfield Peverel|9.8 km away