24 Downsway

    24, DOWNSWAY, CHELMSFORD, CM1 6TU

    This semi-detached freehold property on Downsway last sold in June 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 80 m² (861 sq ft), giving an estimated value of £5,742 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £400,000

    Jun 2020

    Estimated Valuation

    £459,381

    Est. £/sq ft

    £533/sq ft

    £5,742/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jun 2020

    £400,000

    Key Metrics

    Estimated valuation£459,381
    Value per sq ft / m²£533/sq ft (£5,742/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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