23 Tower Avenue

    23, TOWER AVENUE, CHELMSFORD, CM1 2PW

    This terraced freehold property on Tower Avenue last sold in December 2023 for £495,000. Based on price growth in the CM1 district since then, its estimated current value is £500,269 — placing it in the 79th percentile nationally and the 69th percentile within CM1. The property covers 97 m² (1,044 sq ft), giving an estimated value of £5,157 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £495,000

    Dec 2023

    Estimated Valuation

    £500,269

    Est. £/sq ft

    £479/sq ft

    £5,157/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateMar 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Dec 2023

    £495,000

    7 Dec 2007

    £315,000

    20 Jan 2005

    £242,000

    27 Feb 2004

    £190,000

    Key Metrics

    Estimated valuation£500,269
    Value per sq ft / m²£479/sq ft (£5,157/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile69th percentile
    National percentile79th 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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