42 Violet Close

    42, VIOLET CLOSE, CHELMSFORD, CM1 6XG

    This terraced freehold property on Violet Close last sold in November 2022 for £365,000. Based on price growth in the CM1 district since then, its estimated current value is £362,534 — placing it in the 61st percentile nationally and the 37th percentile within CM1. The property covers 65 m² (700 sq ft), giving an estimated value of £5,577 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £365,000

    Nov 2022

    Estimated Valuation

    £362,534

    Est. £/sq ft

    £518/sq ft

    £5,577/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateOct 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Nov 2022

    £365,000

    Key Metrics

    Estimated valuation£362,534
    Value per sq ft / m²£518/sq ft (£5,577/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile37th percentile
    National percentile61st 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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