2 Redruth Close

    2, REDRUTH CLOSE, CHELMSFORD, CM1 6JW

    This semi-detached freehold property on Redruth Close last sold in May 2016 for £340,000. Based on price growth in the CM1 district since then, its estimated current value is £436,053 — placing it in the 72nd percentile nationally and the 56th percentile within CM1. The property covers 59 m² (635 sq ft), giving an estimated value of £7,391 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £340,000

    May 2016

    Estimated Valuation

    £436,053

    Est. £/sq ft

    £687/sq ft

    £7,391/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateJan 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 May 2016

    £340,000

    8 Jun 2012

    £245,000

    Key Metrics

    Estimated valuation£436,053
    Value per sq ft / m²£687/sq ft (£7,391/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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