7 Lodge Vale

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

    This terraced freehold property on Lodge Vale last sold in June 2017 for £505,000. Based on price growth in the CM1 district since then, its estimated current value is £598,737 — placing it in the 86th percentile nationally and the 82nd percentile within CM1. The property covers 119 m² (1,281 sq ft), giving an estimated value of £5,031 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £505,000

    Jun 2017

    Estimated Valuation

    £598,737

    Est. £/sq ft

    £467/sq ft

    £5,031/m²

    Property Details

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

    Transaction History

    30 Jun 2017

    New build

    £505,000

    Key Metrics

    Estimated valuation£598,737
    Value per sq ft / m²£467/sq ft (£5,031/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile82nd percentile
    National percentile86th 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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