148 Falmouth Road

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

    This terraced freehold property on Falmouth Road last sold in August 2021 for £395,000. Based on price growth in the CM1 district since then, its estimated current value is £435,392 — placing it in the 72nd percentile nationally and the 56th percentile within CM1. The property covers 94 m² (1,012 sq ft), giving an estimated value of £4,632 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £395,000

    Aug 2021

    Estimated Valuation

    £435,392

    Est. £/sq ft

    £430/sq ft

    £4,632/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,012 sq ft (94 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Aug 2021

    £395,000

    8 Dec 2011

    £220,000

    Key Metrics

    Estimated valuation£435,392
    Value per sq ft / m²£430/sq ft (£4,632/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile56th percentile
    National percentile72nd 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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