20 Murchison Close

    20, MURCHISON CLOSE, CHELMSFORD, CM1 2ER

    This flat/maisonette leasehold property on Murchison Close last sold in January 2023 for £215,000. Based on price growth in the CM1 district since then, its estimated current value is £207,065 — placing it in the 26th percentile nationally and the 10th percentile within CM1. The property covers 52 m² (560 sq ft), giving an estimated value of £3,982 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £215,000

    Jan 2023

    Estimated Valuation

    £207,065

    Est. £/sq ft

    £370/sq ft

    £3,982/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    27 Jan 2023

    £215,000

    24 Jul 2014

    £160,000

    27 Sept 2007

    £157,500

    Key Metrics

    Estimated valuation£207,065
    Value per sq ft / m²£370/sq ft (£3,982/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile10th percentile
    National percentile26th 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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