Flat 7 43 New Street

    FLAT 7 43, NEW STREET, CHELMSFORD, CM1 1PH

    This flat/maisonette leasehold property on New Street last sold in July 2011 for £205,000. Based on price growth in the CM1 district since then, its estimated current value is £356,493 — placing it in the 60th percentile nationally and the 35th percentile within CM1. The property covers 67 m² (721 sq ft), giving an estimated value of £5,321 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £205,000

    Jul 2011

    Estimated Valuation

    £356,493

    Est. £/sq ft

    £494/sq ft

    £5,321/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    29 Jul 2011

    £205,000

    22 Apr 2005

    New build

    £197,500

    Key Metrics

    Estimated valuation£356,493
    Value per sq ft / m²£494/sq ft (£5,321/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile35th percentile
    National percentile60th 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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