2 Grove Road

    2, GROVE ROAD, CHELMSFORD, CM2 0EY

    This terraced freehold property on Grove Road last sold in November 2023 for £421,000. Based on price growth in the CM2 district since then, its estimated current value is £433,804 — placing it in the 72nd percentile nationally and the 59th percentile within CM2. The property covers 87 m² (936 sq ft), giving an estimated value of £4,986 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £421,000

    Nov 2023

    Estimated Valuation

    £433,804

    Est. £/sq ft

    £463/sq ft

    £4,986/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateApr 2025
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Nov 2023

    £421,000

    27 Apr 2021

    £360,000

    26 Aug 2015

    £340,000

    21 Dec 2006

    £198,000

    4 Oct 2004

    £165,000

    Key Metrics

    Estimated valuation£433,804
    Value per sq ft / m²£463/sq ft (£4,986/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile59th percentile
    National percentile72nd 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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