Flat 3 43 New Street

    FLAT 3 43, NEW STREET, CHELMSFORD, CM1 1PH

    This flat/maisonette leasehold property on New Street last sold in February 2022 for £210,000. Based on price growth in the CM1 district since then, its estimated current value is £195,974 — placing it in the 23rd percentile nationally and the 8th percentile within CM1. The property covers 43 m² (463 sq ft), giving an estimated value of £4,558 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £210,000

    Feb 2022

    Estimated Valuation

    £195,974

    Est. £/sq ft

    £423/sq ft

    £4,558/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area463 sq ft (43 m²)
    EPC dateAug 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    14 Feb 2022

    £210,000

    14 Nov 2017

    £210,500

    17 Apr 2014

    £162,500

    14 Sept 2005

    New build

    £164,894

    Key Metrics

    Estimated valuation£195,974
    Value per sq ft / m²£423/sq ft (£4,558/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile8th percentile
    National percentile23rd 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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