5 Cherry Garden Lane

    5, CHERRY GARDEN LANE, CHELMSFORD, CM2 0BL

    This terraced freehold property on Cherry Garden Lane last sold in June 2019 for £400,000. Based on price growth in the CM2 district since then, its estimated current value is £490,567 — placing it in the 78th percentile nationally and the 71st percentile within CM2. The property covers 100 m² (1,076 sq ft), giving an estimated value of £4,906 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £400,000

    Jun 2019

    Estimated Valuation

    £490,567

    Est. £/sq ft

    £456/sq ft

    £4,906/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2011
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,076 sq ft (100 m²)
    EPC dateApr 2012
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jun 2019

    £400,000

    14 Jun 2012

    New build

    £325,000

    Key Metrics

    Estimated valuation£490,567
    Value per sq ft / m²£456/sq ft (£4,906/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile71st percentile
    National percentile78th 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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