18 Murchison Close

    18, MURCHISON CLOSE, CHELMSFORD, CM1 2ER

    This flat/maisonette leasehold property on Murchison Close last sold in November 2017 for £212,500. Based on price growth in the CM1 district since then, its estimated current value is £223,966 — placing it in the 31st percentile nationally and the 12th percentile within CM1. The property covers 56 m² (603 sq ft), giving an estimated value of £3,999 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £212,500

    Nov 2017

    Estimated Valuation

    £223,966

    Est. £/sq ft

    £372/sq ft

    £3,999/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateAug 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    17 Nov 2017

    £212,500

    27 Sept 2007

    £160,000

    Key Metrics

    Estimated valuation£223,966
    Value per sq ft / m²£372/sq ft (£3,999/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile12th percentile
    National percentile31st 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

    More properties in CM1

    Streets in CM1

    Explore nearby