Flat 47 Walter House, 31 Rainsford Road

    FLAT 47 WALTER HOUSE, 31, RAINSFORD ROAD, CHELMSFORD, CM1 2XJ

    This flat/maisonette leasehold property on Rainsford Road last sold in January 2023 for £495,000. Based on price growth in the CM1 district since then, its estimated current value is £476,731 — placing it in the 77th percentile nationally and the 65th percentile within CM1. The property covers 83 m² (893 sq ft), giving an estimated value of £5,744 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £495,000

    Jan 2023

    Estimated Valuation

    £476,731

    Est. £/sq ft

    £534/sq ft

    £5,744/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateDec 2021
    WallsAverage thermal transmittance 0.23 W/m
    HeatingCommunity scheme

    Transaction History

    27 Jan 2023

    New build

    £495,000

    Key Metrics

    Estimated valuation£476,731
    Value per sq ft / m²£534/sq ft (£5,744/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile65th percentile
    National percentile77th 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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