5 Harness Close

    5, HARNESS CLOSE, CHELMSFORD, CM1 6UU

    This detached freehold property on Harness Close last sold in June 2024 for £500,000. Based on price growth in the CM1 district since then, its estimated current value is £532,196 — placing it in the 81st percentile nationally and the 73rd percentile within CM1. The property covers 127 m² (1,367 sq ft), giving an estimated value of £4,191 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,367 sq ft

    127 m²

    Last Sale Price

    £500,000

    Jun 2024

    Estimated Valuation

    £532,196

    Est. £/sq ft

    £389/sq ft

    £4,191/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,367 sq ft (127 m²)
    EPC dateDec 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2024

    £500,000

    28 Jul 2004

    £229,995

    29 Sept 1995

    £72,000

    Key Metrics

    Estimated valuation£532,196
    Value per sq ft / m²£389/sq ft (£4,191/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile73rd percentile
    National percentile81st 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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