51 Fourth Avenue

    51, FOURTH AVENUE, CHELMSFORD, CM1 4EZ

    This flat/maisonette leasehold property on Fourth Avenue last sold in April 2019 for £195,000. Based on price growth in the CM1 district since then, its estimated current value is £193,745 — placing it in the 23rd percentile nationally and the 8th percentile within CM1. The property covers 43 m² (463 sq ft), giving an estimated value of £4,506 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £195,000

    Apr 2019

    Estimated Valuation

    £193,745

    Est. £/sq ft

    £419/sq ft

    £4,506/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area463 sq ft (43 m²)
    EPC dateOct 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    2 Apr 2019

    £195,000

    8 Apr 2016

    £170,000

    7 Dec 2012

    New build

    £145,000

    Key Metrics

    Estimated valuation£193,745
    Value per sq ft / m²£419/sq ft (£4,506/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile8th percentile
    National percentile23rd 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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