Flat 3 The Willows Elgin Avenue

    FLAT 3 THE WILLOWS, ELGIN AVENUE, CHELMSFORD, CM1 1TN

    This flat/maisonette leasehold property on Elgin Avenue last sold in May 2009 for £74,000. Based on price growth in the CM1 district since then, its estimated current value is £121,289 — placing it in the 7th percentile nationally and the 1st percentile within CM1. The property covers 29 m² (312 sq ft), giving an estimated value of £4,182 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    312 sq ft

    29 m²

    Last Sale Price

    £74,000

    May 2009

    Estimated Valuation

    £121,289

    Est. £/sq ft

    £389/sq ft

    £4,182/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialD
    Floor area312 sq ft (29 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    21 May 2009

    £74,000

    26 Jan 1996

    £24,000

    Key Metrics

    Estimated valuation£121,289
    Value per sq ft / m²£389/sq ft (£4,182/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile1st percentile
    National percentile7th 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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