4 Penzance Close

    4, PENZANCE CLOSE, CHELMSFORD, CM1 6JJ

    This semi-detached freehold property on Penzance Close last sold in April 2016 for £320,000. Based on price growth in the CM1 district since then, its estimated current value is £410,403 — placing it in the 69th percentile nationally and the 50th percentile within CM1. The property covers 99 m² (1,066 sq ft), giving an estimated value of £4,145 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £320,000

    Apr 2016

    Estimated Valuation

    £410,403

    Est. £/sq ft

    £385/sq ft

    £4,145/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,066 sq ft (99 m²)
    EPC dateMar 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Apr 2016

    £320,000

    Key Metrics

    Estimated valuation£410,403
    Value per sq ft / m²£385/sq ft (£4,145/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile50th percentile
    National percentile69th 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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