194 New London Road

    194, NEW LONDON ROAD, CHELMSFORD, CM2 0AR

    This terraced freehold property on New London Road last sold in June 2022 for £785,000. Based on price growth in the CM2 district since then, its estimated current value is £782,560 — placing it in the 92nd percentile nationally and the 95th percentile within CM2. The property covers 144 m² (1,550 sq ft), giving an estimated value of £5,434 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £785,000

    Jun 2022

    Estimated Valuation

    £782,560

    Est. £/sq ft

    £505/sq ft

    £5,434/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageJ
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,550 sq ft (144 m²)
    EPC dateJun 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jun 2022

    £785,000

    1 Oct 2009

    £400,000

    Key Metrics

    Estimated valuation£782,560
    Value per sq ft / m²£505/sq ft (£5,434/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile95th percentile
    National percentile92nd percentile

    District Context — CM2

    CM2 covers Chelmsford and its surrounding villages in Essex, situated north-east of London. It is a well-established suburban and commuter area with a mix of family homes, modern developments, and countryside appeal.

    Average Property Price - CM2

    £402,507

    67

    National percentile

    Average Net Household Income - CM2

    £33,933

    25

    National percentile

    10-Year Annualised Price Growth - CM2

    3.2%

    35

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM2

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