1b Second Avenue

    1B, SECOND AVENUE, CHELMSFORD, CM1 4ET

    This semi-detached freehold property on Second Avenue last sold in April 2021 for £455,000. Based on price growth in the CM1 district since then, its estimated current value is £504,411 — placing it in the 79th percentile nationally and the 69th percentile within CM1. The property covers 115 m² (1,238 sq ft), giving an estimated value of £4,386 per m². The EPC rating is F, with a potential rating of D.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £455,000

    Apr 2021

    Estimated Valuation

    £504,411

    Est. £/sq ft

    £407/sq ft

    £4,386/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelLPG (not community)
    EPC currentF
    EPC potentialD
    Floor area1,238 sq ft (115 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    30 Apr 2021

    £455,000

    13 Jun 2014

    £295,000

    Key Metrics

    Estimated valuation£504,411
    Value per sq ft / m²£407/sq ft (£4,386/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile69th percentile
    National percentile79th 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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