7 Erick Avenue

    7, ERICK AVENUE, CHELMSFORD, CM1 7BX

    This semi-detached freehold property on Erick Avenue last sold in January 2012 for £232,000. Based on price growth in the CM1 district since then, its estimated current value is £426,635 — placing it in the 71st percentile nationally and the 54th percentile within CM1. The property covers 58 m² (624 sq ft), giving an estimated value of £7,356 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £232,000

    Jan 2012

    Estimated Valuation

    £426,635

    Est. £/sq ft

    £683/sq ft

    £7,356/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageC
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateDec 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    6 Jan 2012

    £232,000

    25 Oct 2005

    £202,500

    17 Mar 2004

    £158,000

    27 Sept 2001

    New build

    £128,000

    Key Metrics

    Estimated valuation£426,635
    Value per sq ft / m²£683/sq ft (£7,356/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile54th percentile
    National percentile71st 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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