2 Meon Close

    2, MEON CLOSE, CHELMSFORD, CM1 7QQ

    This flat/maisonette leasehold property on Meon Close last sold in December 2024 for £203,000. Based on price growth in the CM1 district since then, its estimated current value is £201,749 — placing it in the 25th percentile nationally and the 9th percentile within CM1. The property covers 50 m² (538 sq ft), giving an estimated value of £4,035 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £203,000

    Dec 2024

    Estimated Valuation

    £201,749

    Est. £/sq ft

    £375/sq ft

    £4,035/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateNov 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2024

    £203,000

    21 Oct 2010

    £100,000

    23 May 2003

    £114,500

    27 Apr 2000

    £58,000

    Key Metrics

    Estimated valuation£201,749
    Value per sq ft / m²£375/sq ft (£4,035/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile9th percentile
    National percentile25th 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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