50 Violet Close

    50, VIOLET CLOSE, CHELMSFORD, CM1 6XG

    This terraced freehold property on Violet Close last sold in October 2023 for £368,000. Based on price growth in the CM1 district since then, its estimated current value is £371,917 — placing it in the 63rd percentile nationally and the 39th percentile within CM1. The property covers 67 m² (721 sq ft), giving an estimated value of £5,551 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £368,000

    Oct 2023

    Estimated Valuation

    £371,917

    Est. £/sq ft

    £516/sq ft

    £5,551/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateJul 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Oct 2023

    £368,000

    23 Feb 2023

    £310,000

    21 Apr 1995

    £57,500

    Key Metrics

    Estimated valuation£371,917
    Value per sq ft / m²£516/sq ft (£5,551/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile39th percentile
    National percentile63rd 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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