49 Fourth Avenue

    49, FOURTH AVENUE, CHELMSFORD, CM1 4EZ

    This flat/maisonette leasehold property on Fourth Avenue last sold in June 2021 for £280,000. Based on price growth in the CM1 district since then, its estimated current value is £283,422 — placing it in the 45th percentile nationally and the 20th percentile within CM1. The property covers 59 m² (635 sq ft), giving an estimated value of £4,804 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £280,000

    Jun 2021

    Estimated Valuation

    £283,422

    Est. £/sq ft

    £446/sq ft

    £4,804/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialD
    Floor area635 sq ft (59 m²)
    EPC dateMay 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    28 Jun 2021

    £280,000

    24 Jun 2011

    £210,000

    Key Metrics

    Estimated valuation£283,422
    Value per sq ft / m²£446/sq ft (£4,804/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile20th percentile
    National percentile45th 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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