Flat 9 43 New Street

    FLAT 9 43, NEW STREET, CHELMSFORD, CM1 1PH

    This flat/maisonette leasehold property on New Street last sold in August 2015 for £212,000. Based on price growth in the CM1 district since then, its estimated current value is £251,365 — placing it in the 38th percentile nationally and the 17th percentile within CM1. The property covers 52 m² (560 sq ft), giving an estimated value of £4,834 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £212,000

    Aug 2015

    Estimated Valuation

    £251,365

    Est. £/sq ft

    £449/sq ft

    £4,834/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateMay 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    24 Aug 2015

    £212,000

    24 Mar 2005

    New build

    £180,000

    Key Metrics

    Estimated valuation£251,365
    Value per sq ft / m²£449/sq ft (£4,834/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile17th percentile
    National percentile38th 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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