Flat 8 50 Rainsford Road

    FLAT 8 50, RAINSFORD ROAD, CHELMSFORD, CM1 2XB

    This flat/maisonette leasehold property on Rainsford Road last sold in March 2022 for £255,000. Based on price growth in the CM1 district since then, its estimated current value is £237,968 — placing it in the 34th percentile nationally and the 14th percentile within CM1. The property covers 41 m² (441 sq ft), giving an estimated value of £5,804 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £255,000

    Mar 2022

    Estimated Valuation

    £237,968

    Est. £/sq ft

    £539/sq ft

    £5,804/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateOct 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric underfloor heating

    Transaction History

    3 Mar 2022

    New build

    £255,000

    Key Metrics

    Estimated valuation£237,968
    Value per sq ft / m²£539/sq ft (£5,804/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile14th percentile
    National percentile34th 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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