71 Ridgewell Avenue

    71, RIDGEWELL AVENUE, CHELMSFORD, CM1 2GF

    This flat/maisonette leasehold property on Ridgewell Avenue last sold in June 2021 for £250,000. Based on price growth in the CM1 district since then, its estimated current value is £253,055 — placing it in the 38th percentile nationally and the 17th percentile within CM1. The property covers 58 m² (624 sq ft), giving an estimated value of £4,363 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £250,000

    Jun 2021

    Estimated Valuation

    £253,055

    Est. £/sq ft

    £405/sq ft

    £4,363/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateJul 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    30 Jun 2021

    £250,000

    20 Oct 2016

    £248,000

    27 Jun 2003

    New build

    £158,000

    Key Metrics

    Estimated valuation£253,055
    Value per sq ft / m²£405/sq ft (£4,363/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile17th percentile
    National percentile38th 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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