23 Medway Close

    23, MEDWAY CLOSE, CHELMSFORD, CM1 2LH

    This flat/maisonette leasehold property on Medway Close last sold in November 2023 for £226,600. Based on price growth in the CM1 district since then, its estimated current value is £218,237 — placing it in the 29th percentile nationally and the 11th percentile within CM1. The property covers 71 m² (764 sq ft), giving an estimated value of £3,074 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £226,600

    Nov 2023

    Estimated Valuation

    £218,237

    Est. £/sq ft

    £286/sq ft

    £3,074/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateJul 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Nov 2023

    £226,600

    Key Metrics

    Estimated valuation£218,237
    Value per sq ft / m²£286/sq ft (£3,074/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile11th percentile
    National percentile29th 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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