4 Multon Lea

    4, MULTON LEA, CHELMSFORD, CM1 6EF

    This detached freehold property on Multon Lea last sold in September 2022 for £650,000. Based on price growth in the CM1 district since then, its estimated current value is £646,586 — placing it in the 88th percentile nationally and the 86th percentile within CM1. The property covers 128 m² (1,378 sq ft), giving an estimated value of £5,051 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,378 sq ft

    128 m²

    Last Sale Price

    £650,000

    Sept 2022

    Estimated Valuation

    £646,586

    Est. £/sq ft

    £469/sq ft

    £5,051/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,378 sq ft (128 m²)
    EPC dateDec 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Sept 2022

    £650,000

    20 Feb 2020

    £500,000

    Key Metrics

    Estimated valuation£646,586
    Value per sq ft / m²£469/sq ft (£5,051/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile86th percentile
    National percentile88th 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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