37 Hobart Close

    37, HOBART CLOSE, CHELMSFORD, CM1 2ES

    This flat/maisonette leasehold property on Hobart Close last sold in September 2024 for £228,000. Based on price growth in the CM1 district since then, its estimated current value is £226,594 — placing it in the 31st percentile nationally and the 13th percentile within CM1. The property covers 60 m² (646 sq ft), giving an estimated value of £3,777 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £228,000

    Sept 2024

    Estimated Valuation

    £226,594

    Est. £/sq ft

    £351/sq ft

    £3,777/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateJul 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    20 Sept 2024

    £228,000

    8 Sept 2019

    £195,000

    27 Jul 2007

    £179,950

    Key Metrics

    Estimated valuation£226,594
    Value per sq ft / m²£351/sq ft (£3,777/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile13th 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

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