48 Micawber Way

    48, MICAWBER WAY, CHELMSFORD, CM1 4UE

    This detached freehold property on Micawber Way last sold in April 2022 for £488,000. Based on price growth in the CM1 district since then, its estimated current value is £485,437 — placing it in the 78th percentile nationally and the 66th percentile within CM1. The property covers 84 m² (904 sq ft), giving an estimated value of £5,779 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £488,000

    Apr 2022

    Estimated Valuation

    £485,437

    Est. £/sq ft

    £537/sq ft

    £5,779/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Apr 2022

    £488,000

    18 Apr 2006

    £242,500

    23 Jun 2004

    £238,000

    29 Aug 1997

    £95,000

    Key Metrics

    Estimated valuation£485,437
    Value per sq ft / m²£537/sq ft (£5,779/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile66th percentile
    National percentile78th 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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