3 Lodge Vale

    3, LODGE VALE, SPRINGFIELD, CHELMSFORD, CM1 6AX

    This detached freehold property on Lodge Vale last sold in June 2021 for £550,000. Based on price growth in the CM1 district since then, its estimated current value is £592,867 — placing it in the 85th percentile nationally and the 81st percentile within CM1. The property covers 119 m² (1,281 sq ft), giving an estimated value of £4,982 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £550,000

    Jun 2021

    Estimated Valuation

    £592,867

    Est. £/sq ft

    £463/sq ft

    £4,982/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formMid-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,281 sq ft (119 m²)
    EPC dateApr 2017
    WallsAverage thermal transmittance 0.18 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2021

    £550,000

    31 May 2017

    New build

    £500,000

    Key Metrics

    Estimated valuation£592,867
    Value per sq ft / m²£463/sq ft (£4,982/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile81st percentile
    National percentile85th 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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