1 Second Avenue

    1, SECOND AVENUE, CHELMSFORD, CM1 4ET

    This detached freehold property on Second Avenue last sold in June 2015 for £525,000. Based on price growth in the CM1 district since then, its estimated current value is £724,148 — placing it in the 91st percentile nationally and the 90th percentile within CM1. The property covers 125 m² (1,346 sq ft), giving an estimated value of £5,793 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,346 sq ft

    125 m²

    Last Sale Price

    £525,000

    Jun 2015

    Estimated Valuation

    £724,148

    Est. £/sq ft

    £538/sq ft

    £5,793/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,346 sq ft (125 m²)
    EPC dateNov 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jun 2015

    £525,000

    Key Metrics

    Estimated valuation£724,148
    Value per sq ft / m²£538/sq ft (£5,793/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile90th percentile
    National percentile91st 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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