36 The Ray

    36, THE RAY, CHELMSFORD, CHELMSFORD, CM1 6JU

    This flat/maisonette leasehold property on The Ray last sold in August 2003 for £120,000. Based on price growth in the CM1 district since then, its estimated current value is £227,230 — placing it in the 32nd percentile nationally and the 13th percentile within CM1. The property covers 46 m² (495 sq ft), giving an estimated value of £4,940 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £120,000

    Aug 2003

    Estimated Valuation

    £227,230

    Est. £/sq ft

    £459/sq ft

    £4,940/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateJun 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    29 Aug 2003

    £120,000

    8 May 1998

    £52,000

    Key Metrics

    Estimated valuation£227,230
    Value per sq ft / m²£459/sq ft (£4,940/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile13th percentile
    National percentile32nd 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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