3 Joseph Prentice Way

    3, JOSEPH PRENTICE WAY, SPRINGFIELD, CHELMSFORD, CM1 6DB

    This detached freehold property on Joseph Prentice Way last sold in July 2018 for £520,000. Based on price growth in the CM1 district since then, its estimated current value is £589,710 — placing it in the 85th percentile nationally and the 81st percentile within CM1. The property covers 136 m² (1,464 sq ft), giving an estimated value of £4,336 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,464 sq ft

    136 m²

    Last Sale Price

    £520,000

    Jul 2018

    Estimated Valuation

    £589,710

    Est. £/sq ft

    £403/sq ft

    £4,336/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formMid-Terrace
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,464 sq ft (136 m²)
    EPC dateJun 2018
    WallsAverage thermal transmittance 0.17 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jul 2018

    New build

    £520,000

    Key Metrics

    Estimated valuation£589,710
    Value per sq ft / m²£403/sq ft (£4,336/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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