3 Cherry Garden Lane

    3, CHERRY GARDEN LANE, CHELMSFORD, CM2 0BL

    This terraced freehold property on Cherry Garden Lane last sold in January 2019 for £415,000. Based on price growth in the CM2 district since then, its estimated current value is £508,964 — placing it in the 80th percentile nationally and the 74th percentile within CM2. The property covers 87 m² (936 sq ft), giving an estimated value of £5,850 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £415,000

    Jan 2019

    Estimated Valuation

    £508,964

    Est. £/sq ft

    £543/sq ft

    £5,850/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2011
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateApr 2012
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Jan 2019

    £415,000

    13 Jul 2012

    New build

    £299,950

    Key Metrics

    Estimated valuation£508,964
    Value per sq ft / m²£543/sq ft (£5,850/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile74th percentile
    National percentile80th 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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