27 Medway Close

    27, MEDWAY CLOSE, CHELMSFORD, CM1 2LH

    This semi-detached freehold property on Medway Close last sold in May 2017 for £340,000. Based on price growth in the CM1 district since then, its estimated current value is £409,424 — placing it in the 69th percentile nationally and the 49th percentile within CM1. The property covers 116 m² (1,249 sq ft), giving an estimated value of £3,530 per m². The EPC rating is E, with a potential rating of D.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £340,000

    May 2017

    Estimated Valuation

    £409,424

    Est. £/sq ft

    £328/sq ft

    £3,530/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area1,249 sq ft (116 m²)
    EPC dateFeb 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2017

    £340,000

    23 Aug 2004

    £192,995

    Key Metrics

    Estimated valuation£409,424
    Value per sq ft / m²£328/sq ft (£3,530/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile49th percentile
    National percentile69th 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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