24 Coval Lane

    24, COVAL LANE, CHELMSFORD, CM1 1TD

    This flat/maisonette freehold property on Coval Lane last sold in December 2023 for £350,000. Based on price growth in the CM1 district since then, its estimated current value is £337,082 — placing it in the 57th percentile nationally and the 30th percentile within CM1. The property covers 57 m² (614 sq ft), giving an estimated value of £5,914 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £350,000

    Dec 2023

    Estimated Valuation

    £337,082

    Est. £/sq ft

    £549/sq ft

    £5,914/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateSept 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2023

    £350,000

    Key Metrics

    Estimated valuation£337,082
    Value per sq ft / m²£549/sq ft (£5,914/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile30th percentile
    National percentile57th 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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