7 Kennet Way

    7, KENNET WAY, CHELMSFORD, CM1 2JP

    This terraced freehold property on Kennet Way last sold in January 2017 for £260,000. Based on price growth in the CM1 district since then, its estimated current value is £308,260 — placing it in the 51st percentile nationally and the 23rd percentile within CM1. The property covers 76 m² (818 sq ft), giving an estimated value of £4,056 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £260,000

    Jan 2017

    Estimated Valuation

    £308,260

    Est. £/sq ft

    £377/sq ft

    £4,056/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateJun 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jan 2017

    £260,000

    4 Aug 2016

    £200,000

    Key Metrics

    Estimated valuation£308,260
    Value per sq ft / m²£377/sq ft (£4,056/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile23rd percentile
    National percentile51st 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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