71 Melbourne Avenue

    71, MELBOURNE AVENUE, CHELMSFORD, CHELMSFORD, CM1 2DR

    This flat/maisonette leasehold property on Melbourne Avenue last sold in April 2003 for £91,000. Based on price growth in the CM1 district since then, its estimated current value is £172,316 — placing it in the 17th percentile nationally and the 5th percentile within CM1. The property covers 66 m² (710 sq ft), giving an estimated value of £2,611 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £91,000

    Apr 2003

    Estimated Valuation

    £172,316

    Est. £/sq ft

    £243/sq ft

    £2,611/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area710 sq ft (66 m²)
    EPC dateApr 2024
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    17 Apr 2003

    £91,000

    Key Metrics

    Estimated valuation£172,316
    Value per sq ft / m²£243/sq ft (£2,611/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile5th percentile
    National percentile17th 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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