16 Chester Place

    16, CHESTER PLACE, CHELMSFORD, CM1 4NQ

    This terraced freehold property on Chester Place last sold in July 2022 for £395,000. Based on price growth in the CM1 district since then, its estimated current value is £392,332 — placing it in the 66th percentile nationally and the 45th percentile within CM1. The property covers 71 m² (764 sq ft), giving an estimated value of £5,526 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £395,000

    Jul 2022

    Estimated Valuation

    £392,332

    Est. £/sq ft

    £513/sq ft

    £5,526/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateApr 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    7 Jul 2022

    £395,000

    2 Jul 2019

    £350,000

    31 Mar 2016

    £274,500

    21 Feb 2013

    £200,000

    18 Dec 2006

    £181,500

    Key Metrics

    Estimated valuation£392,332
    Value per sq ft / m²£513/sq ft (£5,526/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile45th percentile
    National percentile66th 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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