5 Richardson Place

    5, RICHARDSON PLACE, CHELMSFORD, CM1 2GD

    This detached freehold property on Richardson Place last sold in July 1999 for £187,000. Based on price growth in the CM1 district since then, its estimated current value is £777,415 — placing it in the 92nd percentile nationally and the 93rd percentile within CM1. The property covers 136 m² (1,464 sq ft), giving an estimated value of £5,716 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,464 sq ft

    136 m²

    Last Sale Price

    £187,000

    Jul 1999

    Estimated Valuation

    £777,415

    Est. £/sq ft

    £531/sq ft

    £5,716/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 area1,464 sq ft (136 m²)
    EPC dateOct 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jul 1999

    £187,000

    6 Dec 1996

    New build

    £159,950

    Key Metrics

    Estimated valuation£777,415
    Value per sq ft / m²£531/sq ft (£5,716/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile93rd percentile
    National percentile92nd 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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