15 Falcons Mead

    15, FALCONS MEAD, CHELMSFORD, CM2 0NN

    This flat/maisonette leasehold property on Falcons Mead last sold in October 2013 for £182,000. Based on price growth in the CM2 district since then, its estimated current value is £255,805 — placing it in the 39th percentile nationally and the 19th percentile within CM2. The property covers 71 m² (764 sq ft), giving an estimated value of £3,603 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £182,000

    Oct 2013

    Estimated Valuation

    £255,805

    Est. £/sq ft

    £335/sq ft

    £3,603/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Oct 2013

    £182,000

    13 Dec 2007

    £184,500

    4 Dec 2006

    £176,500

    25 Nov 2005

    £167,500

    6 Dec 2002

    £157,000

    26 Jul 2002

    New build

    £139,500

    Key Metrics

    Estimated valuation£255,805
    Value per sq ft / m²£335/sq ft (£3,603/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile19th percentile
    National percentile39th 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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