16 Iris Close

    16, IRIS CLOSE, CHELMSFORD, CHELMSFORD, CM1 6XS

    This terraced freehold property on Iris Close last sold in April 2007 for £189,950. Based on price growth in the CM1 district since then, its estimated current value is £355,238 — placing it in the 60th percentile nationally and the 35th percentile within CM1. The property covers 89 m² (958 sq ft), giving an estimated value of £3,991 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £189,950

    Apr 2007

    Estimated Valuation

    £355,238

    Est. £/sq ft

    £371/sq ft

    £3,991/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateAug 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Apr 2007

    £189,950

    16 Jul 2003

    £150,500

    28 Oct 1999

    £75,500

    Key Metrics

    Estimated valuation£355,238
    Value per sq ft / m²£371/sq ft (£3,991/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile35th percentile
    National percentile60th 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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