8 Elder Close

    8, ELDER CLOSE, CHELMSFORD, CM1 4FU

    This detached freehold property on Elder Close last sold in March 2023 for £670,000. Based on price growth in the CM1 district since then, its estimated current value is £673,409 — placing it in the 89th percentile nationally and the 88th percentile within CM1. The property covers 173 m² (1,862 sq ft), giving an estimated value of £3,893 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,862 sq ft

    173 m²

    Last Sale Price

    £670,000

    Mar 2023

    Estimated Valuation

    £673,409

    Est. £/sq ft

    £362/sq ft

    £3,893/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,862 sq ft (173 m²)
    EPC dateFeb 2023
    WallsAverage thermal transmittance 0.23 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Mar 2023

    New build

    £670,000

    Key Metrics

    Estimated valuation£673,409
    Value per sq ft / m²£362/sq ft (£3,893/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile88th percentile
    National percentile89th 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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