1 Joseph Prentice Way

    1, JOSEPH PRENTICE WAY, CHELMSFORD, CM1 6DB

    This detached freehold property on Joseph Prentice Way last sold in August 2018 for £650,000. Based on price growth in the CM1 district since then, its estimated current value is £737,138 — placing it in the 91st percentile nationally and the 91st percentile within CM1. The property covers 183 m² (1,970 sq ft), giving an estimated value of £4,028 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,970 sq ft

    183 m²

    Last Sale Price

    £650,000

    Aug 2018

    Estimated Valuation

    £737,138

    Est. £/sq ft

    £374/sq ft

    £4,028/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formEnd-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,970 sq ft (183 m²)
    EPC dateJun 2018
    WallsAverage thermal transmittance 0.17 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Aug 2018

    New build

    £650,000

    Key Metrics

    Estimated valuation£737,138
    Value per sq ft / m²£374/sq ft (£4,028/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile91st percentile
    National percentile91st 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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