38 First Avenue

    38, FIRST AVENUE, CHELMSFORD, CHELMSFORD, CM1 1RU

    This semi-detached freehold property on First Avenue last sold in November 1998 for £125,500. Based on price growth in the CM1 district since then, its estimated current value is £714,020 — placing it in the 91st percentile nationally and the 90th percentile within CM1. The property covers 146 m² (1,572 sq ft), giving an estimated value of £4,891 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,572 sq ft

    146 m²

    Last Sale Price

    £125,500

    Nov 1998

    Estimated Valuation

    £714,020

    Est. £/sq ft

    £454/sq ft

    £4,891/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,572 sq ft (146 m²)
    EPC dateJul 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Nov 1998

    £125,500

    4 Aug 1995

    £97,000

    Key Metrics

    Estimated valuation£714,020
    Value per sq ft / m²£454/sq ft (£4,891/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile90th percentile
    National percentile91st 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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