2 Magwitch Close

    2, MAGWITCH CLOSE, CHELMSFORD, CHELMSFORD, CM1 4YE

    This detached freehold property on Magwitch Close last sold in July 2003 for £293,000. Based on price growth in the CM1 district since then, its estimated current value is £673,590 — placing it in the 89th percentile nationally and the 88th percentile within CM1. The property covers 115 m² (1,238 sq ft), giving an estimated value of £5,857 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £293,000

    Jul 2003

    Estimated Valuation

    £673,590

    Est. £/sq ft

    £544/sq ft

    £5,857/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageF
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,238 sq ft (115 m²)
    EPC dateMay 2018
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jul 2003

    £293,000

    Key Metrics

    Estimated valuation£673,590
    Value per sq ft / m²£544/sq ft (£5,857/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile88th percentile
    National percentile89th 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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