42 The Ray

    42, THE RAY, CHELMSFORD, CM1 6JU

    This flat/maisonette leasehold property on The Ray last sold in November 2017 for £207,500. Based on price growth in the CM1 district since then, its estimated current value is £218,696 — placing it in the 29th percentile nationally and the 11th percentile within CM1. The property covers 47 m² (506 sq ft), giving an estimated value of £4,653 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £207,500

    Nov 2017

    Estimated Valuation

    £218,696

    Est. £/sq ft

    £432/sq ft

    £4,653/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateApr 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    17 Nov 2017

    £207,500

    12 Jan 2006

    £132,500

    4 Aug 2000

    £76,000

    30 Mar 1998

    £54,000

    31 Aug 1995

    £44,500

    Key Metrics

    Estimated valuation£218,696
    Value per sq ft / m²£432/sq ft (£4,653/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile11th percentile
    National percentile29th 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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