16 Varden Close

    16, VARDEN CLOSE, CHELMSFORD, CM1 4XS

    This terraced freehold property on Varden Close last sold in March 2023 for £405,000. Based on price growth in the CM1 district since then, its estimated current value is £409,311 — placing it in the 69th percentile nationally and the 49th percentile within CM1. The property covers 92 m² (990 sq ft), giving an estimated value of £4,449 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £405,000

    Mar 2023

    Estimated Valuation

    £409,311

    Est. £/sq ft

    £413/sq ft

    £4,449/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateMay 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Mar 2023

    £405,000

    29 Sept 2017

    £346,500

    5 Dec 1997

    £66,995

    2 Sept 1996

    £57,000

    Key Metrics

    Estimated valuation£409,311
    Value per sq ft / m²£413/sq ft (£4,449/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile49th percentile
    National percentile69th 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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