2 Prospect Cottages Ongar Road

    2 PROSPECT COTTAGES, ONGAR ROAD, WRITTLE, CHELMSFORD, CM1 3NT

    This terraced freehold property on Ongar Road last sold in September 2024 for £300,000. Based on price growth in the CM1 district since then, its estimated current value is £314,233 — placing it in the 52nd percentile nationally and the 24th percentile within CM1. The property covers 72 m² (775 sq ft), giving an estimated value of £4,364 per m². The EPC rating is F, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £300,000

    Sept 2024

    Estimated Valuation

    £314,233

    Est. £/sq ft

    £405/sq ft

    £4,364/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fueloil (not community)
    EPC currentF
    EPC potentialA
    Floor area775 sq ft (72 m²)
    EPC dateApr 2024
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    6 Sept 2024

    £300,000

    Key Metrics

    Estimated valuation£314,233
    Value per sq ft / m²£405/sq ft (£4,364/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile24th percentile
    National percentile52nd 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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