7 Lichfield Close

    7, LICHFIELD CLOSE, CHELMSFORD, CM1 2XW

    This terraced freehold property on Lichfield Close last sold in September 2013 for £249,450. Based on price growth in the CM1 district since then, its estimated current value is £453,129 — placing it in the 74th percentile nationally and the 60th percentile within CM1. The property covers 72 m² (775 sq ft), giving an estimated value of £6,293 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £249,450

    Sept 2013

    Estimated Valuation

    £453,129

    Est. £/sq ft

    £585/sq ft

    £6,293/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Sept 2013

    £249,450

    Key Metrics

    Estimated valuation£453,129
    Value per sq ft / m²£585/sq ft (£6,293/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile60th percentile
    National percentile74th 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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