53 Second Avenue

    53, SECOND AVENUE, CHELMSFORD, CM1 4ET

    This semi-detached freehold property on Second Avenue last sold in March 2014 for £380,000. Based on price growth in the CM1 district since then, its estimated current value is £602,824 — placing it in the 86th percentile nationally and the 82nd percentile within CM1. The property covers 106 m² (1,141 sq ft), giving an estimated value of £5,687 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £380,000

    Mar 2014

    Estimated Valuation

    £602,824

    Est. £/sq ft

    £528/sq ft

    £5,687/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageC
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateDec 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Mar 2014

    £380,000

    25 Sept 2006

    £280,000

    Key Metrics

    Estimated valuation£602,824
    Value per sq ft / m²£528/sq ft (£5,687/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile82nd percentile
    National percentile86th 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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