38 Patching Hall Lane

    38, PATCHING HALL LANE, CHELMSFORD, CM1 4BZ

    This detached freehold property on Patching Hall Lane last sold in March 2016 for £550,000. Based on price growth in the CM1 district since then, its estimated current value is £652,533 — placing it in the 88th percentile nationally and the 86th percentile within CM1. The property covers 158 m² (1,701 sq ft), giving an estimated value of £4,130 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,701 sq ft

    158 m²

    Last Sale Price

    £550,000

    Mar 2016

    Estimated Valuation

    £652,533

    Est. £/sq ft

    £384/sq ft

    £4,130/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,701 sq ft (158 m²)
    EPC dateSept 2015
    WallsCavity wall, with external insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2016

    £550,000

    Key Metrics

    Estimated valuation£652,533
    Value per sq ft / m²£384/sq ft (£4,130/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile86th percentile
    National percentile88th 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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