Flat 5 56 Railway Street

    FLAT 5 56, RAILWAY STREET, CHELMSFORD, CM1 1QS

    This flat/maisonette leasehold property on Railway Street last sold in April 2021 for £325,000. Based on price growth in the CM1 district since then, its estimated current value is £328,972 — placing it in the 55th percentile nationally and the 28th percentile within CM1. The property covers 69 m² (743 sq ft), giving an estimated value of £4,768 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £325,000

    Apr 2021

    Estimated Valuation

    £328,972

    Est. £/sq ft

    £443/sq ft

    £4,768/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateJan 2021
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Apr 2021

    New build

    £325,000

    Key Metrics

    Estimated valuation£328,972
    Value per sq ft / m²£443/sq ft (£4,768/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile28th percentile
    National percentile55th 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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