48 Wright Crescent

    48, WRIGHT CRESCENT, SPRINGFIELD, CHELMSFORD, CM1 6DP

    This semi-detached freehold property on Wright Crescent last sold in July 2022 for £490,000. Based on price growth in the CM1 district since then, its estimated current value is £505,213 — placing it in the 79th percentile nationally and the 69th percentile within CM1. The property covers 130 m² (1,399 sq ft), giving an estimated value of £3,886 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £490,000

    Jul 2022

    Estimated Valuation

    £505,213

    Est. £/sq ft

    £361/sq ft

    £3,886/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,399 sq ft (130 m²)
    EPC dateApr 2022
    WallsAverage thermal transmittance 0.23 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Jul 2022

    New build

    £490,000

    Key Metrics

    Estimated valuation£505,213
    Value per sq ft / m²£361/sq ft (£3,886/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile69th percentile
    National percentile79th 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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