18 Watson Heights

    18, WATSON HEIGHTS, CHELMSFORD, CM1 1AF

    This flat/maisonette leasehold property on Watson Heights last sold in February 2023 for £240,000. Based on price growth in the CM1 district since then, its estimated current value is £231,142 — placing it in the 33rd percentile nationally and the 13th percentile within CM1. The property covers 46 m² (495 sq ft), giving an estimated value of £5,025 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £240,000

    Feb 2023

    Estimated Valuation

    £231,142

    Est. £/sq ft

    £467/sq ft

    £5,025/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateOct 2015
    WallsAverage thermal transmittance 0.22 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Feb 2023

    £240,000

    20 Nov 2015

    New build

    £194,995

    Key Metrics

    Estimated valuation£231,142
    Value per sq ft / m²£467/sq ft (£5,025/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile13th percentile
    National percentile33rd percentile

    District Context — CM1

    CM1 covers Chelmsford town centre and its immediate surroundings in Essex, located roughly 30 miles northeast of London. It is a established residential and commercial district with strong local amenities and commuter appeal.

    Average Property Price - CM1

    £436,548

    73

    National percentile

    Average Net Household Income - CM1

    £36,171

    39

    National percentile

    10-Year Annualised Price Growth - CM1

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM1

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