28 Chester Place

    28, CHESTER PLACE, CHELMSFORD, CM1 4NQ

    This terraced freehold property on Chester Place last sold in January 2024 for £260,000. Based on price growth in the CM1 district since then, its estimated current value is £272,335 — placing it in the 43rd percentile nationally and the 19th percentile within CM1. The property covers 49 m² (527 sq ft), giving an estimated value of £5,558 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £260,000

    Jan 2024

    Estimated Valuation

    £272,335

    Est. £/sq ft

    £516/sq ft

    £5,558/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area527 sq ft (49 m²)
    EPC dateFeb 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    15 Jan 2024

    £260,000

    18 Aug 2008

    £168,000

    Key Metrics

    Estimated valuation£272,335
    Value per sq ft / m²£516/sq ft (£5,558/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile19th percentile
    National percentile43rd 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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