16 Pennine Road

    16, PENNINE ROAD, CHELMSFORD, CM1 2HG

    This terraced freehold property on Pennine Road last sold in June 2024 for £310,000. Based on price growth in the CM1 district since then, its estimated current value is £324,707 — placing it in the 54th percentile nationally and the 26th percentile within CM1. The property covers 84 m² (904 sq ft), giving an estimated value of £3,866 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £310,000

    Jun 2024

    Estimated Valuation

    £324,707

    Est. £/sq ft

    £359/sq ft

    £3,866/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area904 sq ft (84 m²)
    EPC dateNov 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jun 2024

    £310,000

    Key Metrics

    Estimated valuation£324,707
    Value per sq ft / m²£359/sq ft (£3,866/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile26th percentile
    National percentile54th 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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