16 Park Avenue

    16, PARK AVENUE, CHELMSFORD, CM1 2AA

    This detached freehold property on Park Avenue last sold in May 2013 for £402,500. Based on price growth in the CM1 district since then, its estimated current value is £696,170 — placing it in the 90th percentile nationally and the 89th percentile within CM1. The property covers 106 m² (1,141 sq ft), giving an estimated value of £6,568 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £402,500

    May 2013

    Estimated Valuation

    £696,170

    Est. £/sq ft

    £610/sq ft

    £6,568/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateFeb 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 May 2013

    £402,500

    20 Apr 2005

    £357,000

    Key Metrics

    Estimated valuation£696,170
    Value per sq ft / m²£610/sq ft (£6,568/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile89th percentile
    National percentile90th 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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