32 Park Avenue

    32, PARK AVENUE, CHELMSFORD, CM1 2AA

    This detached freehold property on Park Avenue last sold in December 2015 for £505,000. Based on price growth in the CM1 district since then, its estimated current value is £696,561 — placing it in the 90th percentile nationally and the 89th percentile within CM1. The property covers 132 m² (1,421 sq ft), giving an estimated value of £5,277 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £505,000

    Dec 2015

    Estimated Valuation

    £696,561

    Est. £/sq ft

    £490/sq ft

    £5,277/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,421 sq ft (132 m²)
    EPC dateJun 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Dec 2015

    £505,000

    19 Aug 2004

    £340,000

    26 Jun 2001

    £220,000

    29 Nov 1996

    New build

    £145,000

    Key Metrics

    Estimated valuation£696,561
    Value per sq ft / m²£490/sq ft (£5,277/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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