1 Melbourne Avenue

    1, MELBOURNE AVENUE, CHELMSFORD, CM1 2DN

    This semi-detached freehold property on Melbourne Avenue last sold in May 2012 for £195,000. Based on price growth in the CM1 district since then, its estimated current value is £358,594 — placing it in the 61st percentile nationally and the 36th percentile within CM1. The property covers 87 m² (936 sq ft), giving an estimated value of £4,122 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £195,000

    May 2012

    Estimated Valuation

    £358,594

    Est. £/sq ft

    £383/sq ft

    £4,122/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 May 2012

    £195,000

    Key Metrics

    Estimated valuation£358,594
    Value per sq ft / m²£383/sq ft (£4,122/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile36th percentile
    National percentile61st 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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