5 Meteor Way

    5, METEOR WAY, CHELMSFORD, CM1 2RL

    This flat/maisonette leasehold property on Meteor Way last sold in July 2020 for £150,000. Based on price growth in the CM1 district since then, its estimated current value is £158,817 — placing it in the 14th percentile nationally and the 3rd percentile within CM1. The property covers 40 m² (431 sq ft), giving an estimated value of £3,970 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £150,000

    Jul 2020

    Estimated Valuation

    £158,817

    Est. £/sq ft

    £369/sq ft

    £3,970/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area431 sq ft (40 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    17 Jul 2020

    £150,000

    15 Jul 2003

    £91,000

    Key Metrics

    Estimated valuation£158,817
    Value per sq ft / m²£369/sq ft (£3,970/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile3rd percentile
    National percentile14th 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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