55 Park Avenue

    55, PARK AVENUE, CHELMSFORD, CM1 2AB

    This semi-detached freehold property on Park Avenue last sold in February 2022 for £535,000. Based on price growth in the CM1 district since then, its estimated current value is £551,610 — placing it in the 83rd percentile nationally and the 76th percentile within CM1. The property covers 112 m² (1,206 sq ft), giving an estimated value of £4,925 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £535,000

    Feb 2022

    Estimated Valuation

    £551,610

    Est. £/sq ft

    £458/sq ft

    £4,925/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,206 sq ft (112 m²)
    EPC dateApr 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Feb 2022

    £535,000

    7 Aug 2012

    £325,000

    5 Sept 2003

    £250,000

    Key Metrics

    Estimated valuation£551,610
    Value per sq ft / m²£458/sq ft (£4,925/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile76th percentile
    National percentile83rd 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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