21 Murchison Close

    21, MURCHISON CLOSE, CHELMSFORD, CM1 2ER

    This flat/maisonette leasehold property on Murchison Close last sold in May 2024 for £215,000. Based on price growth in the CM1 district since then, its estimated current value is £213,675 — placing it in the 28th percentile nationally and the 11th percentile within CM1. The property covers 59 m² (635 sq ft), giving an estimated value of £3,622 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £215,000

    May 2024

    Estimated Valuation

    £213,675

    Est. £/sq ft

    £336/sq ft

    £3,622/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateMar 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    16 May 2024

    £215,000

    28 Jul 2016

    £200,000

    26 Sept 2007

    £154,950

    Key Metrics

    Estimated valuation£213,675
    Value per sq ft / m²£336/sq ft (£3,622/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile11th percentile
    National percentile28th 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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