124 Falmouth Road

    124, FALMOUTH ROAD, SPRINGFIELD, CHELMSFORD, CM1 6JB

    This detached freehold property on Falmouth Road last sold in October 2022 for £665,000. Based on price growth in the CM1 district since then, its estimated current value is £661,507 — placing it in the 89th percentile nationally and the 87th percentile within CM1. The property covers 113 m² (1,216 sq ft), giving an estimated value of £5,854 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,216 sq ft

    113 m²

    Last Sale Price

    £665,000

    Oct 2022

    Estimated Valuation

    £661,507

    Est. £/sq ft

    £544/sq ft

    £5,854/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,216 sq ft (113 m²)
    EPC dateSept 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Oct 2022

    £665,000

    24 Apr 2020

    £470,000

    Key Metrics

    Estimated valuation£661,507
    Value per sq ft / m²£544/sq ft (£5,854/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile87th percentile
    National percentile89th 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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