Flat 7 The Phoenix, 41 New Street

    FLAT 7 THE PHOENIX, 41, NEW STREET, CHELMSFORD, CM1 1PT

    This flat/maisonette leasehold property on New Street last sold in August 2021 for £205,000. Based on price growth in the CM1 district since then, its estimated current value is £207,505 — placing it in the 26th percentile nationally and the 10th percentile within CM1. The property covers 62 m² (667 sq ft), giving an estimated value of £3,347 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £205,000

    Aug 2021

    Estimated Valuation

    £207,505

    Est. £/sq ft

    £311/sq ft

    £3,347/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateJul 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    27 Aug 2021

    £205,000

    12 Aug 2016

    £215,000

    17 Mar 2004

    New build

    £190,000

    Key Metrics

    Estimated valuation£207,505
    Value per sq ft / m²£311/sq ft (£3,347/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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