22 The Ray

    22, THE RAY, CHELMSFORD, CHELMSFORD, CM1 6JU

    This flat/maisonette leasehold property on The Ray last sold in December 1998 for £51,500. Based on price growth in the CM1 district since then, its estimated current value is £234,046 — placing it in the 33rd percentile nationally and the 14th percentile within CM1. The property covers 50 m² (538 sq ft), giving an estimated value of £4,681 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £51,500

    Dec 1998

    Estimated Valuation

    £234,046

    Est. £/sq ft

    £435/sq ft

    £4,681/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateMar 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    21 Dec 1998

    £51,500

    Key Metrics

    Estimated valuation£234,046
    Value per sq ft / m²£435/sq ft (£4,681/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile14th percentile
    National percentile33rd 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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