3 Elder Close

    3, ELDER CLOSE, CHELMSFORD, CM1 4FU

    This semi-detached freehold property on Elder Close last sold in June 2020 for £313,000. Based on price growth in the CM1 district since then, its estimated current value is £359,465 — placing it in the 61st percentile nationally and the 36th percentile within CM1. The property covers 59 m² (635 sq ft), giving an estimated value of £6,093 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £313,000

    Jun 2020

    Estimated Valuation

    £359,465

    Est. £/sq ft

    £566/sq ft

    £6,093/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area635 sq ft (59 m²)
    EPC dateJun 2020
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2020

    New build

    £313,000

    Key Metrics

    Estimated valuation£359,465
    Value per sq ft / m²£566/sq ft (£6,093/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile36th percentile
    National percentile61st 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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