61 Third Avenue

    61, THIRD AVENUE, CHELMSFORD, CM1 4EX

    This semi-detached freehold property on Third Avenue last sold in April 2020 for £615,000. Based on price growth in the CM1 district since then, its estimated current value is £706,298 — placing it in the 90th percentile nationally and the 90th percentile within CM1. The property covers 131 m² (1,410 sq ft), giving an estimated value of £5,392 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,410 sq ft

    131 m²

    Last Sale Price

    £615,000

    Apr 2020

    Estimated Valuation

    £706,298

    Est. £/sq ft

    £501/sq ft

    £5,392/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,410 sq ft (131 m²)
    EPC dateOct 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Apr 2020

    £615,000

    4 Jun 2015

    £372,250

    Key Metrics

    Estimated valuation£706,298
    Value per sq ft / m²£501/sq ft (£5,392/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile90th percentile
    National percentile90th 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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