2 Baker Road

    2, BAKER ROAD, SPRINGFIELD, CHELMSFORD, CM1 6GR

    This flat/maisonette leasehold property on Baker Road last sold in August 2022 for £270,000. Based on price growth in the CM1 district since then, its estimated current value is £251,967 — placing it in the 38th percentile nationally and the 17th percentile within CM1. The property covers 61 m² (657 sq ft), giving an estimated value of £4,131 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £270,000

    Aug 2022

    Estimated Valuation

    £251,967

    Est. £/sq ft

    £384/sq ft

    £4,131/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateAug 2022
    WallsAverage thermal transmittance 0.24 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2022

    New build

    £270,000

    Key Metrics

    Estimated valuation£251,967
    Value per sq ft / m²£384/sq ft (£4,131/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile17th percentile
    National percentile38th 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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