2 Wells Court

    2, WELLS COURT, CHELMSFORD, CM1 6ND

    This detached freehold property on Wells Court last sold in November 2016 for £435,000. Based on price growth in the CM1 district since then, its estimated current value is £516,094 — placing it in the 80th percentile nationally and the 71st percentile within CM1. The property covers 88 m² (947 sq ft), giving an estimated value of £5,865 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £435,000

    Nov 2016

    Estimated Valuation

    £516,094

    Est. £/sq ft

    £545/sq ft

    £5,865/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area947 sq ft (88 m²)
    EPC dateMay 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Nov 2016

    £435,000

    24 Jan 2002

    £161,500

    Key Metrics

    Estimated valuation£516,094
    Value per sq ft / m²£545/sq ft (£5,865/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile71st percentile
    National percentile80th 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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