59 Third Avenue

    59, THIRD AVENUE, CHELMSFORD, CM1 4EX

    This semi-detached freehold property on Third Avenue last sold in March 2020 for £425,000. Based on price growth in the CM1 district since then, its estimated current value is £488,092 — placing it in the 78th percentile nationally and the 67th percentile within CM1. The property covers 81 m² (872 sq ft), giving an estimated value of £6,026 per m². The EPC rating is G, with a potential rating of D.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £425,000

    Mar 2020

    Estimated Valuation

    £488,092

    Est. £/sq ft

    £560/sq ft

    £6,026/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelwood logs
    EPC currentG
    EPC potentialD
    Floor area872 sq ft (81 m²)
    EPC dateOct 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingPortable electric heaters assumed for most rooms

    Transaction History

    31 Mar 2020

    £425,000

    Key Metrics

    Estimated valuation£488,092
    Value per sq ft / m²£560/sq ft (£6,026/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile67th percentile
    National percentile78th 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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