16 Wells Court

    16, WELLS COURT, CHELMSFORD, CM1 6ND

    This semi-detached freehold property on Wells Court last sold in August 2020 for £400,000. Based on price growth in the CM1 district since then, its estimated current value is £459,381 — placing it in the 75th percentile nationally and the 61st percentile within CM1. The property covers 129 m² (1,389 sq ft), giving an estimated value of £3,561 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £400,000

    Aug 2020

    Estimated Valuation

    £459,381

    Est. £/sq ft

    £331/sq ft

    £3,561/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area1,389 sq ft (129 m²)
    EPC dateMay 2020
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    25 Aug 2020

    £400,000

    Key Metrics

    Estimated valuation£459,381
    Value per sq ft / m²£331/sq ft (£3,561/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile61st percentile
    National percentile75th 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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