5 Park Avenue

    5, PARK AVENUE, CHELMSFORD, CM1 2AB

    This detached freehold property on Park Avenue last sold in January 2021 for £309,000. Based on price growth in the CM1 district since then, its estimated current value is £333,083 — placing it in the 56th percentile nationally and the 29th percentile within CM1. The property covers 58 m² (624 sq ft), giving an estimated value of £5,743 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £309,000

    Jan 2021

    Estimated Valuation

    £333,083

    Est. £/sq ft

    £534/sq ft

    £5,743/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jan 2021

    £309,000

    Key Metrics

    Estimated valuation£333,083
    Value per sq ft / m²£534/sq ft (£5,743/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile29th percentile
    National percentile56th 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

    More properties in CM1

    Streets in CM1

    Explore nearby