48a Ridley Road

    48A, RIDLEY ROAD, CHELMSFORD, CM1 7AR

    This detached freehold property on Ridley Road last sold in March 2019 for £540,000. Based on price growth in the CM1 district since then, its estimated current value is £611,218 — placing it in the 86th percentile nationally and the 83rd percentile within CM1. The property covers 118 m² (1,270 sq ft), giving an estimated value of £5,180 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £540,000

    Mar 2019

    Estimated Valuation

    £611,218

    Est. £/sq ft

    £481/sq ft

    £5,180/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,270 sq ft (118 m²)
    EPC dateAug 2018
    WallsAverage thermal transmittance 0.19 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    1 Mar 2019

    £540,000

    Key Metrics

    Estimated valuation£611,218
    Value per sq ft / m²£481/sq ft (£5,180/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile83rd percentile
    National percentile86th 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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