218 Watson Heights

    218, WATSON HEIGHTS, CHELMSFORD, CM1 1AP

    This flat/maisonette leasehold property on Watson Heights last sold in August 2016 for £304,995. Based on price growth in the CM1 district since then, its estimated current value is £337,657 — placing it in the 57th percentile nationally and the 30th percentile within CM1. The property covers 54 m² (581 sq ft), giving an estimated value of £6,253 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £304,995

    Aug 2016

    Estimated Valuation

    £337,657

    Est. £/sq ft

    £581/sq ft

    £6,253/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2012-2021
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateMay 2026
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Aug 2016

    New build

    £304,995

    Key Metrics

    Estimated valuation£337,657
    Value per sq ft / m²£581/sq ft (£6,253/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile30th percentile
    National percentile57th 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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