Flat 9 The Phoenix, 41 New Street

    FLAT 9 THE PHOENIX, 41, NEW STREET, CHELMSFORD, CM1 1PT

    This flat/maisonette leasehold property on New Street last sold in March 2019 for £203,000. Based on price growth in the CM1 district since then, its estimated current value is £201,693 — placing it in the 25th percentile nationally and the 9th percentile within CM1. The property covers 58 m² (624 sq ft), giving an estimated value of £3,477 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £203,000

    Mar 2019

    Estimated Valuation

    £201,693

    Est. £/sq ft

    £323/sq ft

    £3,477/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateNov 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    15 Mar 2019

    £203,000

    19 Dec 2003

    New build

    £165,000

    Key Metrics

    Estimated valuation£201,693
    Value per sq ft / m²£323/sq ft (£3,477/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile9th percentile
    National percentile25th 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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