8 Park Avenue

    8, PARK AVENUE, CHELMSFORD, CM1 2AA

    This terraced freehold property on Park Avenue last sold in August 2021 for £380,000. Based on price growth in the CM1 district since then, its estimated current value is £418,858 — placing it in the 70th percentile nationally and the 52nd percentile within CM1. The property covers 100 m² (1,076 sq ft), giving an estimated value of £4,189 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £380,000

    Aug 2021

    Estimated Valuation

    £418,858

    Est. £/sq ft

    £389/sq ft

    £4,189/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,076 sq ft (100 m²)
    EPC dateJun 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Aug 2021

    £380,000

    10 Jan 2007

    £249,995

    Key Metrics

    Estimated valuation£418,858
    Value per sq ft / m²£389/sq ft (£4,189/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile52nd percentile
    National percentile70th 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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