2 Eridge Close

    2, ERIDGE CLOSE, CHELMSFORD, CM1 6TS

    This terraced freehold property on Eridge Close last sold in July 2023 for £428,500. Based on price growth in the CM1 district since then, its estimated current value is £433,061 — placing it in the 72nd percentile nationally and the 55th percentile within CM1. The property covers 87 m² (936 sq ft), giving an estimated value of £4,978 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £428,500

    Jul 2023

    Estimated Valuation

    £433,061

    Est. £/sq ft

    £462/sq ft

    £4,978/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateMar 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 2023

    £428,500

    Key Metrics

    Estimated valuation£433,061
    Value per sq ft / m²£462/sq ft (£4,978/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile55th 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

    More properties in CM1

    Streets in CM1

    Explore nearby