3 Nicholas Court

    3, NICHOLAS COURT, CHELMSFORD, CM1 4XE

    This flat/maisonette leasehold property on Nicholas Court last sold in March 2023 for £120,000. Based on price growth in the CM1 district since then, its estimated current value is £115,571 — placing it in the 6th percentile nationally and the 1st percentile within CM1. The property covers 55 m² (592 sq ft), giving an estimated value of £2,101 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £120,000

    Mar 2023

    Estimated Valuation

    £115,571

    Est. £/sq ft

    £195/sq ft

    £2,101/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateDec 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Mar 2023

    £120,000

    17 Mar 2015

    £91,000

    5 Dec 2001

    £59,500

    Key Metrics

    Estimated valuation£115,571
    Value per sq ft / m²£195/sq ft (£2,101/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile1st percentile
    National percentile6th 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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