16 Priory Close

    16, PRIORY CLOSE, CHELMSFORD, CM1 2SY

    This semi-detached freehold property on Priory Close last sold in March 2022 for £485,500. Based on price growth in the CM1 district since then, its estimated current value is £500,573 — placing it in the 79th percentile nationally and the 69th percentile within CM1. The property covers 82 m² (883 sq ft), giving an estimated value of £6,105 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £485,500

    Mar 2022

    Estimated Valuation

    £500,573

    Est. £/sq ft

    £567/sq ft

    £6,105/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateJun 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Mar 2022

    £485,500

    30 Sept 2008

    £220,000

    Key Metrics

    Estimated valuation£500,573
    Value per sq ft / m²£567/sq ft (£6,105/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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