10 Coval Lane

    10, COVAL LANE, CHELMSFORD, CM1 1TD

    This flat/maisonette leasehold property on Coval Lane last sold in March 2016 for £225,000. Based on price growth in the CM1 district since then, its estimated current value is £249,095 — placing it in the 37th percentile nationally and the 16th percentile within CM1. The property covers 60 m² (646 sq ft), giving an estimated value of £4,152 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £225,000

    Mar 2016

    Estimated Valuation

    £249,095

    Est. £/sq ft

    £386/sq ft

    £4,152/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateSept 2020
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Mar 2016

    £225,000

    25 Jul 2007

    New build

    £212,500

    Key Metrics

    Estimated valuation£249,095
    Value per sq ft / m²£386/sq ft (£4,152/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile16th percentile
    National percentile37th 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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