1 Multon Lea

    1, MULTON LEA, CHELMSFORD, CM1 6EF

    This detached freehold property on Multon Lea last sold in June 2024 for £743,000. Based on price growth in the CM1 district since then, its estimated current value is £790,843 — placing it in the 93rd percentile nationally and the 93rd percentile within CM1. The property covers 217 m² (2,336 sq ft), giving an estimated value of £3,644 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,336 sq ft

    217 m²

    Last Sale Price

    £743,000

    Jun 2024

    Estimated Valuation

    £790,843

    Est. £/sq ft

    £339/sq ft

    £3,644/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area2,336 sq ft (217 m²)
    EPC dateJan 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2024

    £743,000

    Key Metrics

    Estimated valuation£790,843
    Value per sq ft / m²£339/sq ft (£3,644/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile93rd percentile
    National percentile93rd 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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