40 Hobart Close

    40, HOBART CLOSE, CHELMSFORD, CM1 2ES

    This flat/maisonette leasehold property on Hobart Close last sold in January 2024 for £215,000. Based on price growth in the CM1 district since then, its estimated current value is £213,675 — placing it in the 28th percentile nationally and the 11th percentile within CM1. The property covers 48 m² (517 sq ft), giving an estimated value of £4,452 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £215,000

    Jan 2024

    Estimated Valuation

    £213,675

    Est. £/sq ft

    £414/sq ft

    £4,452/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateAug 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    30 Jan 2024

    £215,000

    26 Aug 2020

    £193,500

    29 Nov 2017

    £215,000

    29 Nov 2013

    £143,000

    31 Aug 2007

    £154,950

    Key Metrics

    Estimated valuation£213,675
    Value per sq ft / m²£414/sq ft (£4,452/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile11th percentile
    National percentile28th 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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