7 Albany Close

    7, ALBANY CLOSE, CHELMSFORD, CM1 2EP

    This terraced freehold property on Albany Close last sold in August 2023 for £315,000. Based on price growth in the CM1 district since then, its estimated current value is £318,353 — placing it in the 53rd percentile nationally and the 25th percentile within CM1. The property covers 87 m² (936 sq ft), giving an estimated value of £3,659 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £315,000

    Aug 2023

    Estimated Valuation

    £318,353

    Est. £/sq ft

    £340/sq ft

    £3,659/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateFeb 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Aug 2023

    £315,000

    20 Dec 2019

    £284,000

    29 Oct 2010

    £159,995

    Key Metrics

    Estimated valuation£318,353
    Value per sq ft / m²£340/sq ft (£3,659/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile25th percentile
    National percentile53rd 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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