62 Third Avenue

    62, THIRD AVENUE, CHELMSFORD, CM1 4EY

    This semi-detached freehold property on Third Avenue last sold in April 2021 for £625,000. Based on price growth in the CM1 district since then, its estimated current value is £692,872 — placing it in the 90th percentile nationally and the 89th percentile within CM1. The property covers 181 m² (1,948 sq ft), giving an estimated value of £3,828 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,948 sq ft

    181 m²

    Last Sale Price

    £625,000

    Apr 2021

    Estimated Valuation

    £692,872

    Est. £/sq ft

    £356/sq ft

    £3,828/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,948 sq ft (181 m²)
    EPC dateJun 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Apr 2021

    £625,000

    24 Oct 2014

    £499,995

    6 Mar 2008

    £156,000

    25 Jul 2005

    £248,500

    25 Jul 2003

    £215,000

    Key Metrics

    Estimated valuation£692,872
    Value per sq ft / m²£356/sq ft (£3,828/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile89th 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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