2 Homefield Close

    2, HOMEFIELD CLOSE, CHELMSFORD, CHELMSFORD, CM1 2HE

    This terraced freehold property on Homefield Close last sold in December 1998 for £47,200. Based on price growth in the CM1 district since then, its estimated current value is £272,296 — placing it in the 43rd percentile nationally and the 19th percentile within CM1. The property covers 105 m² (1,130 sq ft), giving an estimated value of £2,593 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,130 sq ft

    105 m²

    Last Sale Price

    £47,200

    Dec 1998

    Estimated Valuation

    £272,296

    Est. £/sq ft

    £241/sq ft

    £2,593/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,130 sq ft (105 m²)
    EPC dateOct 2024
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 1998

    £47,200

    Key Metrics

    Estimated valuation£272,296
    Value per sq ft / m²£241/sq ft (£2,593/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile19th percentile
    National percentile43rd 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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