28 The Ray

    28, THE RAY, CHELMSFORD, CM1 6JU

    This flat/maisonette leasehold property on The Ray last sold in June 2022 for £225,000. Based on price growth in the CM1 district since then, its estimated current value is £209,972 — placing it in the 27th percentile nationally and the 10th percentile within CM1. The property covers 53 m² (570 sq ft), giving an estimated value of £3,962 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £225,000

    Jun 2022

    Estimated Valuation

    £209,972

    Est. £/sq ft

    £368/sq ft

    £3,962/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateSept 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    23 Jun 2022

    £225,000

    25 Feb 2008

    £133,500

    3 Aug 2001

    £79,000

    Key Metrics

    Estimated valuation£209,972
    Value per sq ft / m²£368/sq ft (£3,962/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile10th percentile
    National percentile27th 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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