7 Homefield Close

    7, HOMEFIELD CLOSE, CHELMSFORD, CM1 2HE

    This terraced freehold property on Homefield Close last sold in November 2021 for £340,000. Based on price growth in the CM1 district since then, its estimated current value is £374,767 — placing it in the 63rd percentile nationally and the 40th percentile within CM1. The property covers 85 m² (915 sq ft), giving an estimated value of £4,409 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £340,000

    Nov 2021

    Estimated Valuation

    £374,767

    Est. £/sq ft

    £410/sq ft

    £4,409/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Nov 2021

    £340,000

    17 Jun 2016

    £260,000

    14 Feb 2006

    £169,995

    22 Nov 1996

    £67,500

    Key Metrics

    Estimated valuation£374,767
    Value per sq ft / m²£410/sq ft (£4,409/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile40th percentile
    National percentile63rd 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

    More properties in CM1

    Streets in CM1

    Explore nearby