4 Iris Close

    4, IRIS CLOSE, CHELMSFORD, CM1 6XS

    This terraced freehold property on Iris Close last sold in September 2022 for £354,800. Based on price growth in the CM1 district since then, its estimated current value is £352,403 — placing it in the 60th percentile nationally and the 34th percentile within CM1. The property covers 72 m² (775 sq ft), giving an estimated value of £4,894 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £354,800

    Sept 2022

    Estimated Valuation

    £352,403

    Est. £/sq ft

    £455/sq ft

    £4,894/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fueloil (not community)
    EPC currentF
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateFeb 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    8 Sept 2022

    £354,800

    9 Jun 2017

    £295,000

    Key Metrics

    Estimated valuation£352,403
    Value per sq ft / m²£455/sq ft (£4,894/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile34th percentile
    National percentile60th 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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