16 Murchison Close

    16, MURCHISON CLOSE, CHELMSFORD, CHELMSFORD, CM1 2ER

    This flat/maisonette leasehold property on Murchison Close last sold in September 2007 for £154,950. Based on price growth in the CM1 district since then, its estimated current value is £195,266 — placing it in the 23rd percentile nationally and the 8th percentile within CM1. The property covers 49 m² (527 sq ft), giving an estimated value of £3,985 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £154,950

    Sept 2007

    Estimated Valuation

    £195,266

    Est. £/sq ft

    £370/sq ft

    £3,985/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateJan 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Sept 2007

    £154,950

    Key Metrics

    Estimated valuation£195,266
    Value per sq ft / m²£370/sq ft (£3,985/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile8th percentile
    National percentile23rd 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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