8 Ridgewell Avenue

    8, RIDGEWELL AVENUE, CHELMSFORD, CM1 2GA

    This detached freehold property on Ridgewell Avenue last sold in March 2021 for £625,000. Based on price growth in the CM1 district since then, its estimated current value is £673,712 — placing it in the 89th percentile nationally and the 88th percentile within CM1. The property covers 123 m² (1,324 sq ft), giving an estimated value of £5,477 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £625,000

    Mar 2021

    Estimated Valuation

    £673,712

    Est. £/sq ft

    £509/sq ft

    £5,477/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,324 sq ft (123 m²)
    EPC dateApr 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Mar 2021

    £625,000

    30 Aug 2013

    £430,000

    30 Oct 2003

    £329,995

    30 Apr 1997

    New build

    £166,950

    Key Metrics

    Estimated valuation£673,712
    Value per sq ft / m²£509/sq ft (£5,477/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile88th percentile
    National percentile89th 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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