58 Rectory Lane

    58, RECTORY LANE, CHELMSFORD, CM1 1RE

    This terraced freehold property on Rectory Lane last sold in October 2023 for £320,000. Based on price growth in the CM1 district since then, its estimated current value is £323,406 — placing it in the 54th percentile nationally and the 26th percentile within CM1. The property covers 56 m² (603 sq ft), giving an estimated value of £5,775 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £320,000

    Oct 2023

    Estimated Valuation

    £323,406

    Est. £/sq ft

    £537/sq ft

    £5,775/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateOct 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Oct 2023

    £320,000

    29 Oct 2010

    £192,000

    25 Jul 2003

    £169,995

    5 Dec 1997

    £66,000

    Key Metrics

    Estimated valuation£323,406
    Value per sq ft / m²£537/sq ft (£5,775/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile26th percentile
    National percentile54th 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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