2 Stansted Close

    2, STANSTED CLOSE, CHELMSFORD, CM1 2TW

    This terraced freehold property on Stansted Close last sold in August 2018 for £305,000. Based on price growth in the CM1 district since then, its estimated current value is £356,381 — placing it in the 60th percentile nationally and the 35th percentile within CM1. The property covers 94 m² (1,012 sq ft), giving an estimated value of £3,791 per m². The EPC rating is E, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £305,000

    Aug 2018

    Estimated Valuation

    £356,381

    Est. £/sq ft

    £352/sq ft

    £3,791/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area1,012 sq ft (94 m²)
    EPC dateSept 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2018

    £305,000

    Key Metrics

    Estimated valuation£356,381
    Value per sq ft / m²£352/sq ft (£3,791/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile35th percentile
    National percentile60th 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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