7 Choat Place

    7, CHOAT PLACE, SPRINGFIELD, CHELMSFORD, CM1 6HS

    This terraced freehold property on Choat Place last sold in November 2023 for £265,000. Based on price growth in the CM1 district since then, its estimated current value is £267,821 — placing it in the 42nd percentile nationally and the 19th percentile within CM1. The property covers 46 m² (495 sq ft), giving an estimated value of £5,822 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £265,000

    Nov 2023

    Estimated Valuation

    £267,821

    Est. £/sq ft

    £541/sq ft

    £5,822/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area495 sq ft (46 m²)
    EPC dateJul 2023
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Nov 2023

    New build

    £265,000

    Key Metrics

    Estimated valuation£267,821
    Value per sq ft / m²£541/sq ft (£5,822/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile19th percentile
    National percentile42nd 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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