3 Eridge Close

    3, ERIDGE CLOSE, CHELMSFORD, CM1 6TS

    This terraced freehold property on Eridge Close last sold in March 2025 for £455,000. Based on price growth in the CM1 district since then, its estimated current value is £455,000 — placing it in the 74th percentile nationally and the 60th percentile within CM1. The property covers 92 m² (990 sq ft), giving an estimated value of £4,946 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £455,000

    Mar 2025

    Estimated Valuation

    £455,000

    Est. £/sq ft

    £459/sq ft

    £4,946/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area990 sq ft (92 m²)
    EPC dateSept 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Mar 2025

    £455,000

    Key Metrics

    Estimated valuation£455,000
    Value per sq ft / m²£459/sq ft (£4,946/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile60th percentile
    National percentile74th 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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