73 Melbourne Avenue

    73, MELBOURNE AVENUE, CHELMSFORD, CM1 2DR

    This flat/maisonette leasehold property on Melbourne Avenue last sold in January 2021 for £203,000. Based on price growth in the CM1 district since then, its estimated current value is £205,481 — placing it in the 26th percentile nationally and the 9th percentile within CM1. The property covers 58 m² (624 sq ft), giving an estimated value of £3,543 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £203,000

    Jan 2021

    Estimated Valuation

    £205,481

    Est. £/sq ft

    £329/sq ft

    £3,543/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateMay 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jan 2021

    £203,000

    8 Aug 2016

    £179,000

    16 Nov 2007

    £134,000

    18 Jun 1999

    £39,500

    Key Metrics

    Estimated valuation£205,481
    Value per sq ft / m²£329/sq ft (£3,543/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile9th percentile
    National percentile26th 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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