42 Railway Street

    42, RAILWAY STREET, CHELMSFORD, CM1 1QS

    This flat/maisonette leasehold property on Railway Street last sold in February 2021 for £253,000. Based on price growth in the CM1 district since then, its estimated current value is £256,092 — placing it in the 39th percentile nationally and the 17th percentile within CM1. The property covers 30 m² (323 sq ft), giving an estimated value of £8,536 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    323 sq ft

    30 m²

    Last Sale Price

    £253,000

    Feb 2021

    Estimated Valuation

    £256,092

    Est. £/sq ft

    £793/sq ft

    £8,536/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialD
    Floor area323 sq ft (30 m²)
    EPC dateOct 2023
    WallsSolid brick, with internal insulation
    HeatingElectric storage heaters

    Transaction History

    19 Feb 2021

    £253,000

    10 Jul 2015

    £191,500

    6 Oct 2006

    £176,000

    12 Oct 2001

    £142,500

    8 Dec 2000

    £120,000

    Key Metrics

    Estimated valuation£256,092
    Value per sq ft / m²£793/sq ft (£8,536/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile17th percentile
    National percentile39th 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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