5 Tower Avenue

    5, TOWER AVENUE, CHELMSFORD, CM1 2PW

    This detached freehold property on Tower Avenue last sold in April 2024 for £917,500. Based on price growth in the CM1 district since then, its estimated current value is £976,580 — placing it in the 95th percentile nationally and the 97th percentile within CM1. The property covers 172 m² (1,851 sq ft), giving an estimated value of £5,678 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,851 sq ft

    172 m²

    Last Sale Price

    £917,500

    Apr 2024

    Estimated Valuation

    £976,580

    Est. £/sq ft

    £527/sq ft

    £5,678/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,851 sq ft (172 m²)
    EPC dateNov 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    3 Apr 2024

    £917,500

    3 May 2012

    £420,000

    Key Metrics

    Estimated valuation£976,580
    Value per sq ft / m²£527/sq ft (£5,678/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile97th percentile
    National percentile95th 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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