7 Lombardy Place

    7, LOMBARDY PLACE, CHELMSFORD, CM1 1PZ

    This terraced freehold property on Lombardy Place last sold in November 2022 for £299,500. Based on price growth in the CM1 district since then, its estimated current value is £297,477 — placing it in the 49th percentile nationally and the 22nd percentile within CM1. The property covers 71 m² (764 sq ft), giving an estimated value of £4,190 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £299,500

    Nov 2022

    Estimated Valuation

    £297,477

    Est. £/sq ft

    £389/sq ft

    £4,190/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateNov 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Nov 2022

    £299,500

    Key Metrics

    Estimated valuation£297,477
    Value per sq ft / m²£389/sq ft (£4,190/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile22nd percentile
    National percentile49th 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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