71 Chester Place

    71, CHESTER PLACE, CHELMSFORD, CHELMSFORD, CM1 4NQ

    This detached leasehold property on Chester Place last sold in March 2004 for £112,000. Based on price growth in the CM1 district since then, its estimated current value is £248,645 — placing it in the 37th percentile nationally and the 16th percentile within CM1. The property covers 40 m² (431 sq ft), giving an estimated value of £6,216 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £112,000

    Mar 2004

    Estimated Valuation

    £248,645

    Est. £/sq ft

    £577/sq ft

    £6,216/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area431 sq ft (40 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    26 Mar 2004

    £112,000

    11 Jul 2003

    £100,000

    Key Metrics

    Estimated valuation£248,645
    Value per sq ft / m²£577/sq ft (£6,216/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile16th percentile
    National percentile37th 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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